Jetmall Spices and Masala Limited IPO

BSE SME

Listed On: Apr 16, 2021 at ₹ 20.5

₹ 120000 /6000 Shares

Check Allotment

IPO Details

31 Mar, 2021

Open Date

07 Apr, 2021

Close Date

12 Apr, 2021

Allotment Date

16 Apr, 2021

Listing Date

Issue Price

₹20 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

List Price

20.5

Listing Date

2021-04-16

Market Lot

6000 Shares (₹120,000/-)

Lead Manager

Mark Corporate Advisors Private Limited

Issue Size

2,490,000 Eq Shares of ₹10 (aggregating up to ₹4.98 Cr)

Retail Portion

N/A

Subscription

0.59 times

IPO Docs

DRHP

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

Valuations

Earnings Per Share (EPS)

₹0.25/-

P/E Ratio

81.54

RoNW

3.36%

Net Asset Value (NAV) - Post Issue

₹12.54/-

Company Financials All values are in ₹ Cr.

	31-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Assets	6.02	8.85	19.88	17.38
Revenue	9.25	39.15	43.44	50.32
Profit After Tax	0.64	0.14	0.17	0.25

About The 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.

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 58.44%

Company Promoter(s)

Mr. Bharat Kumar Pukhrajji

IPO - Issue Objectives

Setting up 10 new retail outlets.
To meet the company's working capital requirements.
General corporate purposes.
To meet issue expenditures.

IPO - FAQs

Ans. Jetmall Spices and Masala Limited IPO is a SME IPO. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Mar 31, 2021, and closes on Apr 7, 2021. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Jetmall Spices and Masala Limited IPO opens on Mar 31, 2021 and closes on Apr 7, 2021.

Ans. The size of Jetmall Spices and Masala Limited IPO is 2,490,000 Eq Shares of ₹10 (aggregating up to ₹4.98 Cr).

Ans. The IPO price band is set between ₹20 per equity share.

Ans. To apply for Jetmall Spices and Masala Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Jetmall Spices and Masala Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Jetmall Spices and Masala Limited IPO is Apr 12, 2021.

Ans. The Jetmall Spices and Masala Limited IPO will be listed on Apr 16, 2021.

Ans. Follow the steps to check the allotment status for Jetmall Spices and Masala Limited IPO here.