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| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹4.98 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹4.98 Cr |
| Fresh Issue | ₹4.73 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹20.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543286 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Mark Corporate Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 6,000 shares and in multiples thereof
Incorporated in 2012, 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.
Competitive strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of Ten (10) new Retail Outlets | 1.65 |
| 2 | To meet the Working Capital Requirements | 2.00 |
| 3 | General Corporate Purposes | 0.85 |
| 4 | Issue Expenses | 0.48 |
| Period Ended | 30 Sep 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 6.02 | 8.85 | 19.89 | 17.38 |
| Total Income | 9.26 | 39.16 | 43.45 | 50.33 |
| Profit After Tax | 0.65 | 0.15 | 0.18 | 0.26 |
| NET Worth | 5.04 | 4.39 | 4.24 | 4.07 |
| Reserves and Surplus | 1.54 | 0.89 | 0.74 | 0.57 |
| Total Borrowing | 0.98 | 4.46 | 15.64 | 13.31 |
| Amount in ₹ Crore | ||||
