Ashapuri Gold Ornament Ltd FPO
BSE SME₹129,600 / 1600 Shares
Ashapuri Gold Ornament Ltd FPO IPO Details
The Ashapuri Gold Ornament Ltd FPO IPO price band is set between ₹81 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 3 Mar, 2021 and closes on 8 Mar, 2021. Investors can check the allotment status on 12 Mar, 2021, while the listing date is tentatively scheduled for 15 Mar, 2021.
The total issue size is 3,705,600 Eq Shares of ₹10 , aggregating up to ₹30.02 Cr. Stay tuned for the latest Ashapuri Gold Ornament Ltd FPO IPO review and GMP updates.
Ashapuri Gold Ornament Ltd FPO IPO Review, Rating & Analysis
Ashapuri Gold Ornament Ltd FPO IPO Review
NO REVIEWAshapuri Gold Ornament Ltd FPO IPO Rating
Ashapuri Gold Ornament Ltd FPO IPO Highlights
IPO Date
Mar 3, 2021 - Mar 8, 2021
Listing Date
15 Mar, 2021
Face Value
₹10 Per Equity Share
Price Band
₹81 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Ashapuri Gold Ornament Ltd FPO IPO Lot Size
The minimum market lot for Ashapuri Gold Ornament Ltd FPO IPO is 1600 shares with an application amount of ₹1,29,600. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,29,600 |
| Retail (Max) | 1 | 1600 | ₹1,29,600 |
| S-HNI (Min) | 2 | 3200 | ₹2,59,200 |
| S-HNI (Max) | 7 | 11200 | ₹9,07,200 |
| B-HNI (Min) | 8 | 12800 | ₹10,36,800 |
Ashapuri Gold Ornament Ltd FPO IPO Timeline
Issue Price
₹81 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
N/AIssue Size
3,705,600 Eq Shares of ₹10 (aggregating up to ₹30.02 Cr)Ashapuri Gold Ornament Ltd FPO IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sept 20 | 51.05 | 22.31 | 2.44 | - | - | - |
| 31 Mar 20 | 48.52 | 120.65 | 0.47 | - | - | - |
| 31 Mar 19 | 46.62 | 88.20 | 0.38 | - | - | - |
| 31 Mar 18 | 1454.00 | 4692.92 | 7.30 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Saremal Soni
- Mr. Dinesh Soni
- Mr. Jitendra Soni
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 73% | N/A% |
About Company
Ashapuri Gold Ornament Limited is primarily engaged in the wholesale jewellery trading business. The company designs, manufactures, and sell a wide range of gold, studded jewellery, and other jewellery products i.e. wedding jewellery, festive jewellery, rings, chains, earrings, ear chain, nose pins, waist belts, mangalsutra, anklet, Pendant set, bangles, etc.
All the jewellery manufacturing job work is carried in its own manufacturing unit at Ahmedabad and Rajkot. It has 2945 sq. ft. of the showroom and 2194 sq. ft of the manufacturing facility in Ahmedabad. The firm has a sales team across different cities i.e. Delhi, Punjab,
Ashapuri Gold Ornament Ltd FPO IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,852,800 | 1,852,800 | 3,705,600 |
Day 1 -03-03-21 08:00 PM | 0.60 x | 0.02 x | 0.31 x |
Day 2 -04-03-21 05:00 PM | 1.14 x | 0.06 x | 0.60 x |
Day 3 -05-03-21 05:00 PM | 1.31 x | 0.15 x | 0.73 x |
Day 4 -08-03-21 05:00 PM | 2.17 x | 0.3 x | 1.24 x |
Frequently Asked Questions about Ashapuri Gold Ornament Ltd FPO IPO
When will Ashapuri Gold Ornament Ltd FPO IPO open for subscription?
The Ashapuri Gold Ornament Ltd FPO IPO opens on 3 Mar, 2021 and closes on 8 Mar, 2021.
What is the investors portion for Ashapuri Gold Ornament Ltd FPO IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1852800.
How to apply for Ashapuri Gold Ornament Ltd FPO IPO?
You can apply for Ashapuri Gold Ornament Ltd FPO IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Ashapuri Gold Ornament Ltd FPO IPO?
The issue size of Ashapuri Gold Ornament Ltd FPO IPO is approx ₹3,705,600 Eq Shares of ₹10 (aggregating up to ₹30.02 Cr) crores.
What is the price band of Ashapuri Gold Ornament Ltd FPO IPO?
The price band for Ashapuri Gold Ornament Ltd FPO IPO is ₹81 per equity share to ₹undefined.
What is the lot size of Ashapuri Gold Ornament Ltd FPO IPO?
The minimum bid (lot size) for Ashapuri Gold Ornament Ltd FPO IPO is N/A shares with an investment of approx ₹129,600 .
What is the allotment date of Ashapuri Gold Ornament Ltd FPO IPO?
The allotment date for Ashapuri Gold Ornament Ltd FPO IPO is 12 Mar, 2021.
What is the listing date of Ashapuri Gold Ornament Ltd FPO IPO?
The listing date for Ashapuri Gold Ornament Ltd FPO IPO is expected to be 15 Mar, 2021.
What is the GMP of Ashapuri Gold Ornament Ltd FPO IPO?
The latest Grey Market Premium (GMP) for Ashapuri Gold Ornament Ltd FPO IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.