Chothani Foods Ltd - IPO

Chothani Foods Ltd IPO Details

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.

Objective of issue

To part-finance the purchase of new corporate Office and its interior expenses. To part-finance incremental working capital requirements. General corporate purpose.

Chothani Foods Ltd Contact Details

Chothani Foods Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - ashokmasalamart#gmail.com

Website - www.chothanifoodslimited.com