IPO DETAILS : Ashok Masala Mart Ltd.
Building No. C, Gala No. 3, Ground Floor, Jai Matadi Compound, Ka Thane, Maharashtra -

Public Issue of 2010000 Equity Shares of Rs 10.00 each for Cash per share.

Issue Open DateIssue Closing DateApplication MoneyAllotment Money
07/08/201711/08/201710.00 -
Lead Managers Registrar Listed at
NAVIGANT CORPORATE ADVISORS LIMITED
KARVY COMPUTERSHARE PRIVATE LIMITED
Karvy Selenium Tower B, Plot No 31-32, Gachibowli, Financial Dist
,
Hyderabad, Telangana - 500032
Phone: 67162222 Fax: 23431551
BSE
Object of the issue

The Company proposes to utilize the funds which are being raised towards funding the following objects and
achieve the benefits of listing on the BSE-SME.

The objects of the Issue are as stated below:

1. To Purchase the new corporate office and its interior expenses
2. To part-finance incremental working capital requirements
3. To meet the general corporate expenses
4. To meet the expenses of the Issue


Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.31
INCREMENTAL WORKING CAPITAL REQUIREMENT0.80
GENERAL CORPORATE EXPS.0.50
PURCHASE OF NEW CORPORATE OFFICE & INTERIORS EXPEN0.40
TOTAL COST2.01

Means of Finance
(₹ in Crs.)
PUBLIC ISSUES2.01
TOTAL COST2.01

Promoted by

DETAILS OF THE PROMOTERS ARE AS UNDER

MR. ASHOK SHIVJI CHOTHANI-Mr. Ashok Shivji Chothani, aged 56 years, is a Director and chairman of the Company. He is Senior Secondary passed by qualification. He is having more than 30 years of experience in operations and spices industry. He takes keen interest in business policies and decision-making. He is on Board of Company since incorporation.

Identification

Age - 56 Years
Address - DU 28, Jhaveri Sadan 2 & Surrounding Locality, 5th Road, Near Station, Ghatkopar (West),
Mumbai - 400 086
Occupation - Business
PAN - ACPPC4533M
Passport No. - NA
Voter ID - UFF2008803
Driving License - NA
Aadhar No. - 625883578617
Bank Account - Saraswat Co-operative Bank Ltd.
Details - 032201100008374
Other Ventures: - LLP:Bonne Volonte Communications LLP

MR. SUNIL SHIVJI CHOTHANI - Mr. Sunil Shivji Chothani, aged 47 Years, is the Promoter and Whole-Time Director of the Company. He is Higher Secondary passed by qualification. He is having more than 16 years of experience in the Operations and Management. He guides us in overall operational activities of the Company. His business acumen has yielded the required results and with his tireless support to the company, facilitated the business to grow further. He is on Board of Company since incorporation.

Identification

Age - 47 Years
Address - PA5, Gurunanak Niwas (B), Lalbahadur Road, Ghatkopar (West), Mumbai - 400 086
Occupation - Business
PAN - AABPC6377P
Passport No. - NA
Voter ID - JLM0912709
Driving License - MH03 20100077560
Aadhar No. - 259721845638
Bank Account - Saraswat Co-operative Bank Ltd.
Details - 032201100011540
Other Ventures - Private Limited Entities:Bonne Volonte Communications LLP

MR. NEERAJ ASHOK CHOTHANI - Mr. Neeraj Ashok Chothani, aged 29 years, is the Promoter and Managing Director of the Company. He is also chief financial officer of the Company. He holds the degree in Master of Commerce and also holds the NISM Certification. He is having more than 8 years of experience in the Business Administration & Finance. He looks after of routine operational activities of the Company. With his multifunctional experience, he guides company in growth strategies. He is on Board of Company since incorporation.

Identification

Age - 29 Years
Address - DU 28, Jhaveri Sadan 2 & Surrounding Locality, 5th Road, Near Station, Ghatkopar (West),
Mumbai - 400 086
Occupation - Business
PAN - AORPC0547B
Passport No. - J6099890
Voter ID - UFF2008811
Driving License - NA
Aadhar No. - NA
Bank Account - HDFC Bank Ltd
Details -12041050032900
Other Ventures - Private Limited Entities:Bonne Volonte Communications LLP

CORPORATE PROMOTER / LLP - Bonne Volonte Communications LLP - Bonne Volonte Communications LLP was incorporated on 3rd February, 2015 as a LLP under the LLP Act, 2008 and The LLP Identification Number is AAD-3008. The Registered Office of M/S. Bonne Volonte Communications LLP is situated at Bldg. No. 5/333, B Wing, 1ST Floor, Gurunanak Niwas, LBS Marg, Ghatkopar (West), Mumbai-400086. Bonne Volonte Communications LLP holds 13,81,550 Equity Shares of the Company, which constitutes 43.86% of pre Issue paid up Capital.

Identification
Name Bonne Volonte Communications LLP
Permanent Account Number - AAOFB7656H
Bank Account Details - HDFC Bank Limited
Account No. - 50200017801026

Operations of Bonne Volonte Communications LLP are as follows:
Bonne Volonte Communications LLP is engaged in to business of media agency and allied activities.
Designated Partners of Bonne Volonte Communications LLP as on the date of this Prospectus are as follows:
1. Ashok Shivji Chothani
2. Sunil Shivji Chothani
3. Neeraj Ashok Chothani