Jetmall Spices and Masala Limited IPO
BSE SME₹120,000 / 6000 Shares
Jetmall Spices and Masala Limited IPO Details
The Jetmall Spices and Masala Limited IPO price band is set between ₹20 per equity share, with a face value of ₹10 per share. The issue is managed by Cameo Corporate Services Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 31 Mar, 2021 and closes on 7 Apr, 2021. Investors can check the allotment status on 12 Apr, 2021, while the listing date is tentatively scheduled for 16 Apr, 2021.
The total issue size is 2,490,000 Eq Shares of ₹10 , aggregating up to ₹4.98 Cr. Stay tuned for the latest Jetmall Spices and Masala Limited IPO review and GMP updates.
Jetmall Spices and Masala Limited IPO Review, Rating & Analysis
Jetmall Spices and Masala Limited IPO Review
NO REVIEWJetmall Spices and Masala Limited IPO Rating
Jetmall Spices and Masala Limited IPO Highlights
IPO Date
Mar 31, 2021 - Apr 7, 2021
Listing Date
16 Apr, 2021
Face Value
₹10 Per Equity Share
Price Band
₹20 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Jetmall Spices and Masala Limited IPO Lot Size
The minimum market lot for Jetmall Spices and Masala Limited IPO is 6000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,20,000 |
| Retail (Max) | 1 | 6000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 12000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 48000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 54000 | ₹10,80,000 |
Jetmall Spices and Masala Limited IPO Timeline
Issue Price
₹20 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedLead Manager
Mark Corporate Advisors Private LimitedIssue Size
2,490,000 Eq Shares of ₹10 (aggregating up to ₹4.98 Cr)Jetmall Spices and Masala Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Sept 20 | 6.02 | 9.25 | 0.64 | - | - | - |
| 31 Mar 20 | 8.85 | 39.15 | 0.14 | - | - | - |
| 31 Mar 19 | 19.88 | 43.44 | 0.17 | - | - | - |
| 31 Mar 18 | 17.38 | 50.32 | 0.25 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Bharat Kumar Pukhrajji
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 58.44% |
About Company
Jetmall Spices and Masala Limited is engaged in the trading and marketing activities of spices, food products, masalas, and dry fruits. Its product portfolio includes ready-to-eat foods, food grains, nuts, dry fruits, food ingredients, processed foods, food stuffs, etc.
It imports spices from countries i.e. Srilanka, Vietnam, Indonesia, etc., and supplies it in India in bulk quantity. It follows the B2B business model to sell products to various parties like Masala manufacturers, exporters, etc.
Jetmall Spices and Masala Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,182,000 | 1,182,000 | 2,364,000 |
Day 1 -31-03-21 07:00 PM | 0.14 x | 0.06 x | 0.10 x |
Day 2 -01-04-21 07:00 PM | 0.23 x | 0.10 x | 0.16 x |
Day 3 -02-04-21 07:00 PM | 0.23 x | 0.10 x | 0.16 x |
Day 4 -05-04-21 07:00 PM | 0.41 x | 0.25 x | 0.33 x |
Day 5 -06-04-21 07:00 PM | 0.84 x | 0.35 x | 0.59 x |
Day 6 -07-04-21 10:00 PM | 0.84 x | 0.35 x | 0.59 x |
Frequently Asked Questions about Jetmall Spices and Masala Limited IPO IPO
When will Jetmall Spices and Masala Limited IPO open for subscription?
The Jetmall Spices and Masala Limited IPO opens on 31 Mar, 2021 and closes on 7 Apr, 2021.
What is the investors portion for Jetmall Spices and Masala Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1182000.
How to apply for Jetmall Spices and Masala Limited IPO?
You can apply for Jetmall Spices and Masala Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Jetmall Spices and Masala Limited IPO?
The issue size of Jetmall Spices and Masala Limited IPO is approx ₹2,490,000 Eq Shares of ₹10 (aggregating up to ₹4.98 Cr) crores.
What is the price band of Jetmall Spices and Masala Limited IPO?
The price band for Jetmall Spices and Masala Limited IPO is ₹20 per equity share to ₹undefined.
What is the lot size of Jetmall Spices and Masala Limited IPO?
The minimum bid (lot size) for Jetmall Spices and Masala Limited IPO is N/A shares with an investment of approx ₹120,000 .
What is the allotment date of Jetmall Spices and Masala Limited IPO?
The allotment date for Jetmall Spices and Masala Limited IPO is 12 Apr, 2021.
What is the listing date of Jetmall Spices and Masala Limited IPO?
The listing date for Jetmall Spices and Masala Limited IPO is expected to be 16 Apr, 2021.
What is the GMP of Jetmall Spices and Masala Limited IPO?
The latest Grey Market Premium (GMP) for Jetmall Spices and Masala Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.