Jetmall Spices and Masala Limited

Offer PeriodMar 31, 2021 – Apr 07, 2021

Mar 31, 2021 – Apr 07, 2021

BSE - SMEListed

Listed Price:

₹20.50

(+2.50%)

Price Band₹20 - ₹20

Lot Size6,000 Shares

Allotment DateApr 12, 2021

Listing DateApr 19, 2021

Subscription-

Issue Size₹5.00 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0
(0.00%)

Premium (ELP)

Jetmall Spices and Masala Limited's successfully completed its Initial Public Offering and commenced trading on Apr 19, 2021 at the BSE exchange. The company raised 24,90,000 Shares through this public offering, comprising TBD in fresh capital.

The IPO was priced within the band of ₹20 to ₹20, with minimum application lots of 6000 shares. The offering attracted significant investor interest during its subscription period from Mar 31, 2021 to Apr 07, 2021.

Share allotment was finalized on Apr 12, 2021, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Jetmall Spices IPO Details

IPO Date

Mar 31, 2021 to Apr 07, 2021

Allotment Date

Apr 12, 2021

List Date

Apr 19, 2021

Lot Size

6,000 share

Issue Price

₹20 - ₹20

Issue Size

24,90,000 (aggregating up to 5.00 Cr)

Fresh Issue

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

35,02,900

Share Holding Post-Issue

59,92,900

Market Marker Portion

1,26,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	6000	1,20,000
HNI	2	12000	2,40,000

IPO Reservation

Shares24,90,000

Market Maker

5.06%(1,26,000)

HNI

47.47%(11,82,000)

RETAIL

47.47%(11,82,000)

Total

100.00%(24,90,000)

Jetmall Spices IPO Key Performance Indicators

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KPI

KPI
No data

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Company Financials (In Lakhs)

Period Ended	Sep-20	Mar-20	Mar-19	Mar-18

Period Ended	Sep-20	Mar-20	Mar-19	Mar-18
Assets	602.24	885.35	1,988.59	1,738.16
Revenue	925.90	3,915.62	4,344.54	5,032.61
Net Worth	0	0	0	0
Total borrowing	0	0	0	0
Profit after tax	64.92	14.77	17.61	25.62
Reserves and Surpluses	0	0	0	0

Jetmall Spices IPO About Company

Incorporated in 2012, Jetmall Spices and Masala Limited is engaged in the trading and marketing 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, and other foodstuffs. The company imports spices from countries such as Sri Lanka, Vietnam, and Indonesia, and supplies them in bulk across India, following a B2B business model targeting masala manufacturers, exporters, and other commercial clients.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Jetmall Spices IPO Strength Factors

Premium Products: Offers high-quality spices and masala.
Robust Infrastructure: Strong packaging and logistics capabilities.
Experienced Management: Led by a skilled and knowledgeable team.
Customer Loyalty: Maintains a dedicated and repeat customer base.

⚠️Jetmall Spices IPO Risk Factors

🏦Jetmall Spices IPO Lead Manager(s)

Mark Corporate Advisors Private Limited

👤Jetmall Spices IPO Promoter(s)

Mr. Bharat Kumar Pukhrajji

🏢Jetmall Spices IPO Company Details

Jetmall Spices and Masala Limited

Email:jetmallltd@gmail.com

Phone:044-2536 0269

Website:https://jetmallltd.com/

address:87A, Govindappa Naicken Street Sowcarpet, Chennai - 600 001

📋Jetmall Spices IPO Registrar

Cameo Corporate Services Limited

Name:Cameo Corporate Services Limited

Phone:+91-44-28460390

Email:cameo@cameoindia.com

Website:https://ipo.cameoindia.com/

❓Jetmall Spices IPO FAQs

Jetmall Spices IPO is a main-board IPO of 0 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹20 - ₹20 per share. The minimum order quantity is .The IPO opens on Mar 31, 2021, and closes on Apr 07, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Jetmall Spices IPO using UPI as a payment gateway. Zerodha customers can apply in Jetmall Spices IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Jetmall Spices IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Jetmall Spices IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Jetmall Spices IPO opens on Mar 31, 2021 and closes on Apr 07, 2021.

You can apply in Jetmall Spices IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Jetmall Spices IPO will be done on Apr 12, 2021, and the allotted shares will be credited to your demat account by Apr 12, 2021

Jetmall Spices IPO's listing date is Apr 19, 2021.

Jetmall Spices and Masala Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0(0.00%)

Premium (ELP)

₹0
(0.00%)