Public issue of 20,10,000 equity shares of Rs. 10 each ("equity shares") of Ashok Masala Mart Limited ("AMML" or the "company" or the "issuer") for cash at a price of Rs. 10 per share (the "issue price"), aggregating to Rs. 2.01 crores ("the issue"), of which, 1,10,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 19,00,000 equity shares of Rs. 10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 38.95% and 36.82%, 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 of Rs. 10/- i.e. 1 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
07-Aug-2017
11-Aug-2017
₹ 10.00
₹ 0.00
Minimum Application for shares in Nos : 10000.0
Further Multiples of : 10000.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
2.01
Navigant Corporate Advisors Ltd
Project Financed through Current Offer
2.01
Post Issue Equity Share Capital
5.16
Issue Price
₹10.00
Projects
To part-finance the purchase of new corporate Office and its interior expenses
To part-finance incremental working capital requirements