59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Jetmall Spices and Masala Limited IPO (Jetmall Spices and Masala IPO) Detail

Jetmall Spices and Masala IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Chennai and caters to Agro - Food Products sector. Mark Corporate Advisors is the merchant banker of Jetmall Spices and Masala IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th March 2021.

Jetmall Spices and Masala IPO open date is 31st March 2021 and close date is 7th April 2021. IPO Allotment Date is 12th April 2021 and Listing date is 19th April 2021.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 4.98 Cr. Avg IPO Size (Sector Based) : ₹ 19.03 cr.
  • Sector: Agro - Food Products SME IPO so far: 32
  • Merchant Banker: Mark Corporate SME IPO by BRLM so far: 10
  • City: Chennai SME IPO so far: 30
  • Revenue (annualised): ₹ 18.52 cr.
            (annualised): ₹ 1.30 cr.
  • PE Ratio: 9.20x Average Sector PE Ratio: 19.17x

Jetmall Spices and Masala IPO Date

Date of DRHP:
16th March 2021
IPO Open Date:
31st March 2021
IPO Closing Date:
7th April 2021
IPO Allotment Date:
12th April 2021
Initiation of Refund:
12th April 2021
IPO Listing Date:
19th April 2021

Jetmall Spices IPO Info, Size, Subscription

Jetmall Spices and Masala IPO size is ₹ 4.98 Cr. with IPO price of ₹ 20.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 4.98 Cr.

Issue Price:
₹ 20.00

Market Capitalisation :
₹ 11.96 Cr.

PE multiple :
9.20

Subscription :
1.36 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
58.44 %

Jetmall Spices and Masala IPO Information

Sub Sector : Trading and marketing of Spices, Masalas and Dry fruits.
Jetmall Spices & Masala is into Trading and marketing of Spices, Masalas and Dry fruits. They Import spices and supply in India in bulk quantities. Their major imports are from Vietnam, Srilanka, Indonesia, etc. They are prominently indulged in wholesaling of superior quality Spices, masalas and dry fruits. They are B2B traders, highly specialized in Masala, Spices & Dry fruits. They maintain stocks and distribute them to different institutional parties like Masala manufacturers, Exporters, etc, They provide them in bulk quantities. They also provide to retail stores in bulk quantities in their brand name and thereafter they repack and sell in their own brands. They follow standard packing process to ensure that quality and authentic taste of spices remains intact. They offer the best of
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Object of Issue (Jetmall Spices IPO Objectives)

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

Mark Corporate Advisors Private Limited is the book-running lead manager of the Jetmall Spices and Masala IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is HARJIVANDAS NEMIDAS SECURITIES PRIVATE LIMITED for Jetmall Spices and Masala IPO.

Jetmall Spices IPO Market Maker

HARJIVANDAS NEMIDAS SECURITIES PRIVATE LIMITED

Jetmall Spices IPO Registrar (RTA)

Cameo Corporate Services Limited

Jetmall Spices IPO Lead Manager (BRLM)

Mark Corporate Advisors Private Limited

Jetmall Spices and Masala IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Jetmall Spices and Masala IPO?

Jetmall Spices and Masala IPO, based in Chennai, operates in the   Agro - Food Products sector with a focus on Trading and marketing of Spices, Masalas and Dry fruits.. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Jetmall Spices and Masala IPO size is ₹ 4.98 Cr. with fresh issue size of ₹ 4.98 Cr. and Offer for sale being ₹ Nil

When is Jetmall Spices IPO allotment?

The IPO allotment date for Jetmall Spices and Masala IPO is expected to be 12th April 2021, after the finalization of basis of allotment. Investors can check Jetmall Spices and Masala IPO allotment status on the registrars website, Cameo Corporate Services Limited. Jetmall Spices and Masala IPO refund dates are 12th April 2021.

When is Jetmall Spices and Masala IPO listing date?

Jetmall Spices and Masala IPO is expected to be listed on 19th April 2021.

What is the price band for Jetmall Spices IPO?

The upper price band for the Jetmall Spices and Masala IPO is set at ₹ 20.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Jetmall Spices and Masala IPO Review?

For IPO analysis on Jetmall Spices and Masala IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Jetmall Spices and Masala IPO?

To apply for the Jetmall Spices and Masala IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th April 2021. After submission, funds are blocked until the basis of allotment of Jetmall Spices and Masala IPO is finalised.

Who is the merchant banker of Jetmall Spices IPO?

The merchant banker for Jetmall Spices and Masala IPO is Mark Corporate Advisors Private Limited . Mark Corporate Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Jetmall Spices and Masala IPO RHP for further details.

Who is the Registrar of Jetmall Spices and Masala IPO?

The registrar for Jetmall Spices and Masala IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Jetmall Spices and Masala IPO through their official website or helpline.

What is the Jetmall Spices and Masala IPO subscription?

Jetmall Spices and Masala IPO was subscribed 1.36 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 4.98 Cr. Avg IPO Size (Sector Based) : ₹ 19.03 Cr.
  • Sector: Agro - Food Products SME IPO so far: 32
  • Merchant Banker: Mark Corporate SME IPO by BRLM so far: 10
  • City: Chennai SME IPO so far: 30
  • Revenue (annualised): ₹ 18.48 cr.
            PAT: (annualised): ₹ 1.30 cr.
  • PE Ratio: 9.20x Average Sector PE Ratio: 19.17x
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FAQs

Jetmall Spices and Masala IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Jetmall Spices and Masala Financial Review Page

Jetmall Spices and Masala IPO subscription was 1.36 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Jetmall Spices and Masala IPO listed at a listing price of 20.50 against the offer price of 20.00.

The current market price of Jetmall Spices and Masala is 9.99.

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