The Ashapuri Gold Ornament date has been confirmed from May 8, 2024 – May 27, 2024. Read the post to learn about Ashapuri Gold Ornament GMP.
The Ashapuri Gold Ornament IPO has a fixed issue size of ₹48.75 crore. AGOL offers a vast collection of designs, manufacturing know-how, and superior customer service. The five cities in which the company is physically present are Ahmedabad, Delhi, Mumbai, Bangalore, and Chennai.
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Key Details Of Ashapuri Gold Ornament
Bidding Dates
May 8 – May 27
Issue Size
₹48.75 Crores
Face Value
₹1 per share
Record Date
April 18, 2024
Ashapuri Gold Ornament IPO
The Ashapuri Gold Ornament Record Date is April 18, 2024.
Ashapuri Gold IPO Overview
Ashapuri Gold Ornament Limited, an Indian company, was founded in June 2008 and produces and markets gold and antique jewellery. The company creates, produces, and markets a broad selection of jewellery items at different price points, including gold and studded jewellery. We offer wedding jewellery, party jewellery, nose rings/nose pins, waist belts, anklets, judas, toe rings, pendant sets/pendants, bracelets, and bangles, among other items in our product portfolio.
AGOL offers a vast collection of designs, manufacturing know-how, and superior customer service. The five cities in which the company is physically present are Ahmedabad, Delhi, Mumbai, Bangalore, and Chennai. To further grow its business, the company has assigned sales teams to several cities and regions, including Delhi, Bangalore, Chennai, Rajasthan, Punjab, Uttar Pradesh, Kolkata, and Chennai.
Ashapuri Gold Ornament Rights Issue Detail
| Issue Open | May 8, 2024 – May 27, 2024 |
| Security Name | Ashapuri Gold Ornament Ltd |
| Issue Size (Shares) | 83,328,666 |
| Issue Size (Amount) | ₹48.75 Crores |
| Issue Price | ₹5.85 per share |
| Face Value | ₹1 per share |
| Listing At | BSE |
| Terms of Payment | Full Amount for Rights Equity Shares shall be payable by the eligible shareholders at the time of making an application. |
| Entitlement | 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date |
Ashapuri Gold Ornament Ltd Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 90.71 | 87.42 | 80.28 | |
| Revenue | 154.14 | 163.96 | 117.64 | |
| Profit After Tax | 0.47 | 1.79 | 3.07 | 2.55 |
| Net Worth | 82.53 | 80.74 | 77.68 | |
| Total Borrowing | 6.89 | 4.33 | 0.04 | |
| Amount in ₹ Crore | ||||
Ashapuri Gold Ornament IPO Timeline
| Last Date to buy shares | April 16, 2024 |
| Record Date | April 18, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | |
| Renunciation of Rights Entitlements | |
| Bid/Offer Closes On | |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Company Profile
Objects of the Issue:
The company proposes to utilize the Net Proceeds to:
- Meeting the working capital requirements of the Company; and
- General Corporate Purposes
AGOL uses in-house or outside designers to create its creations, using job-work labour in Ahmedabad and Rajkot to make its jewellery. Furthermore, the organisation has established a
collaboration with M/s. Kiran Soni and Alka Jitendra Soni. Branded ready-made clothing is produced and sold by Blue-Onxy Lifestyle.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Ashapuri Gold Ornament Ltd |
| Phone number | 079-26462170 |
| Email ID | [email protected] |
| Website | ashapurigold.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Ashapuri Gold Ornament IPO FAQs
What is the schedule for Ashapuri Gold Ornament Rights Issue 2024?
Sorry the Ashapuri Gold Ornament Rights Issue 2024 timelines are not available at this time.
What is the issue price for Ashapuri Gold Ornament Rights Issue 2024?
Ashapuri Gold Ornament Rights Issue 2024 price is set at ₹5.85 per share per equity share.
In what ratio is the Ashapuri Gold Ornament Rights Issue 2024 offered?
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date (April 18, 2024).
What is the record date for Ashapuri Gold Ornament Rights Issue 2024?
The record date for the Ashapuri Gold Ornament Rights Issue 2024 is April 18, 2024.
What is the issue size of Ashapuri Gold Ornament Rights Issue 2024?
The issue size of Ashapuri Gold Ornament Rights Issue 2024 is of 83,328,666 equity shares at ₹5.85 per share aggregating upto ₹48.75 Crores.
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