Jetmall Spices and Masala Limited became the 337th company to get listed on BSE SME Platform

Jetmall Spices and Masala Limited became the 337th company to get listed on the BSE SME Platform on April 19, 2021. The company has successfully completed its public issue on April 07, 2021.

Jetmall Spices and Masala Limited came out with an initial public offering of 24,90,000 equity shares of Rs 10 each for cash at a price of Rs 20 per equity share, aggregating to Rs 4.98 crore.

Jetmall Spices and Masala Limited is a Chennai based company whose registered office is at Tamilnadu, Chennai. The company engaged in the business of trading and supplying of spices, masala and dry fruits. They ensure that right quantity and quality of their products reach the markets in timely manner.

Mumbai -based Mark Corporate Advisors Private Limited, was the lead manager to Jetmall Spices and Masala Limited.

So far, 98 companies have migrated to the main board. The 337 companies listed on BSE SME Platform have raised Rs 3497.52 crore from the market and total market capitalization of 337 companies as on April 19, 2021, is Rs 22,375.96 crore. BSE is the market leader in this segment with a market share of 61 per cent.