Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
ASL Industries IPO is a fixed price issue of Rs 9.80 crores.
ASL Industries IPO bidding started from March 31, 2017 and ended on April 7, 2017. The shares got listed on NSE SME on April 18, 2017.
ASL Industries IPO price is ₹35 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹140,000.
Guiness Corporate Advisors Pvt Ltd is the book running lead manager of the ASL Industries IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to ASL Industries IPO RHP for detailed information.
| IPO Date | March 31, 2017 to April 7, 2017 |
| Listing Date | April 18, 2017 |
| Face Value | ₹10 per share |
| Price | ₹35 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 2,800,000 shares (aggregating up to ₹9.80 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹140,000 |
| Retail (Max) | 1 | 4000 | ₹140,000 |
| Lot Size Calculator | |||
Incorporated in 1992, ASL Industries Ltd is engaged in the business of manufacturing of forged products and press shop for Sheet Metal, Light & Medium Fabrication, Forging and Machined Components, specializing in Assemblies & Sub-Asemblie. Their products have varied applications and are used in various industries like railway, defense and automobile.
ASL's existing unit has a machine shop for the rough & finish machining of components, heat treatment facilities, in-house die making facilities, CNC & VMC horizontal and vertical centres, light, medium & heavy fabrication, assembly and sheet metal press shop. They provide metal forming to assembly under one roof along with logistics and just-in-time solutions. They manufactures both standardized as well as customized products as per customer demand and requirement.
They are OEMs to many Automobiles Companies like Tata Motors Ltd, York Transport Equipment India Ltd – Pune, Jost India Auto component Pvt Ltd etc and Other Engineering Companies like Tata Steel, and also registered with ICF, DGS&D and DGOS.
The object of the issue are to:
1. Funding working capital requirements of the Company;
2. General Corporate Expenses;
3. Issue Expenses
[Dilip Davda] Being expensive offer and non-encouraging performance so far, one may give it a miss. Read detail review...
The ASL Industries IPO is subscribed times on April 7, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | April 18, 2017 |
| BSE Script Code | |
| NSE Symbol | ASLIND |
| ISIN | INE617I01024 |
| Final Issue Price | ₹35 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹35.00 |
| ₹33.10 |
| ₹32.00 |
| ₹36.00 |
| ₹35.05 |
ASL Industries Ltd
7B, Punwani Chambers,
Kiran Shankar Roy Road,
Kolkata-700001
Phone: +91-33-22480150
Email: cs@aslindustries.in
Website: http://www.aslindustries.in
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
ASL Industries IPO is a SME IPO of 2,800,000 equity shares of the face value of ₹10 aggregating up to ₹9.80 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000 Shares.
The IPO opens on March 31, 2017, and closes on April 7, 2017.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The ASL Industries IPO opens on March 31, 2017 and closes on April 7, 2017.
ASL Industries IPO lot size is 4000 Shares, and the minimum amount required is ₹140,000.
You can apply in ASL Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for ASL Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the ASL Industries IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
