Jetmall Spices and Masala Ltd IPO

Closed

IPO Subscription Details

  • Open Date 31 Mar
  • Close Date 07 Apr
  • Lot Size 6000
  • IPO Size ₹ 4.98 Cr
  • IPO Price Range ₹ 20
  • Min Investment ₹ 120000

IPO Synopsis

Initial public issue of 24,90,000 equity shares of face value of Rs. 10 each (equity shares) of Jetmall Spices and Masala Limited (The company or Issuer) for cash at a price of 20.00 per equity share (including a share premium of Rs. 10.00 per equity share) (Issue Price) aggregating to Rs. 4.98 crores (Issue) of which 1,26,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 20.00 per equity share, aggregating to Rs. 0.25 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 23,64,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 20.00 per equity share aggregating to Rs. 4.73 crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 41.55% and 39.45% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and The Issue Price is Rs. 20.00 Each. The Issue Price is 2.00 times of the face value of issue price.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Jetmall Spices and Masala Ltd IPO

Contact Information

Address

87A Govindappa Naicken Street,
Sowcarpet,
Chennai, Tamil Nadu 600001

Jetmall Spices and Masala Ltd IPO Lead Manager

Mark Corporate Advisors Pvt Ltd