Ashapuri Gold Ornament Ltd FPO (Ashapuri Gold Ornament FPO) Detail

Mar 3, 2021 - Mar 8, 2021

Incorporated in 2008, 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, Rajasthan, UP, Chennai, Kolkata, Bangalore to serve customers all over the country.

Competitive strengths

  • Experienced promoters with 2+ decades in the industry.
  • Strategically located showroom.
  • Wide product portfolio and innovative jewellery design.
  • Strong in-house designing capabilities.

Company Promoters:

Mr. Saremal Soni, Mr. Dinesh Soni, and Mr. Jitendra Soni are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 5,105.64 4,852.10 4,662.74 1,454.00
Total Revenue 2,231.16 12,065.90 8,820.22 4,692.92
Profit After Tax 244.22 47.36 38.16 7.30

Objects of the Issue:

The net proceed from the FPO will be used towards following purposes;

  • To establish of Jewellery manufacturing unit
  • To meet working capital requirements.
  • To meet general corporate purposes.

Ashapuri Gold Ornament FPO Details

IPO Opening DateMar 3, 2021
IPO Closing DateMar 8, 2021
Issue TypeFixed Price Issue FPO
Face Value₹10 per equity share
IPO Price₹81 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtBSE SME
Issue Size3,705,600 Eq Shares of ₹10
(aggregating up to ₹30.02 Cr)

Ashapuri Gold Ornament FPO Lot Size

The Ashapuri Gold Ornament FPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹129,600).

ApplicationLotsSharesAmount (Cut-off)
Minimum11600₹129,600
Maximum11600₹129,600

Ashapuri Gold Ornament FPO Promoter Holding

Pre Issue Share Holding73%
Post Issue Share Holding

Ashapuri Gold Ornament FPO Subscription Status (Bidding Detail)

The Ashapuri Gold Ornament FPO is subscribed 1.17x times on Mar 8, 2021 07:49. The public issue subscribed 0.28x in the retail category, in the QIB category, and 2.07x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

2.07x

RII

0.28x

Total

1.17x

Ashapuri Gold Ornament FPO Prospectus

Ashapuri Gold Ornament FPO Rating

33
3.1
Rating:Rated 3.1 stars

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Ashapuri Gold Ornament FPO Listing Date

Listing DateWednesday, March 17, 2021
BSE Script Code542579
NSE Symbol
Listing In
ISININE05FR01011
IPO Price₹81 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹81.00
₹75.00
₹70.00
₹81.00
₹70.05
152,000

Ashapuri Gold Ornament FPO Reviews / Ratings

Company Contact Information

Ashapuri Gold Ornament Ltd
109 to 112-A, Super Mall, Nr. LalBunglow,
C G Road, Ahmedabad – 380 009


Phone: 079-26462171
Email: account@ashapurigold.com
Website: https://www.ashapurigold.com

Ashapuri Gold Ornament FPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Ashapuri Gold Ornament FPO Lead Manager(s)

Ashapuri Gold Ornament FPO FAQs

  1. What is Ashapuri Gold Ornament FPO?

    Ashapuri Gold Ornament FPO is a SME FPO of 3,705,600 equity shares of the face value of ₹10 aggregating up to ₹30.02 Crores. The issue is priced at ₹81 per equity share. The minimum order quantity is 1600 Shares.

    The FPO opens on Mar 3, 2021, and closes on Mar 8, 2021.

    Bigshare Services Pvt Ltd is the registrar for the FPO. The shares are proposed to be listed on BSE SME.

  2. How to apply in Ashapuri Gold Ornament FPO through Zerodha?

    Zerodha customers can apply online in Ashapuri Gold Ornament FPO using UPI as a payment gateway. Zerodha customers can apply in Ashapuri Gold Ornament FPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Ashapuri Gold Ornament FPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Ashapuri Gold Ornament FPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Ashapuri Gold Ornament FPO will open?

    The Ashapuri Gold Ornament FPO opens on Mar 3, 2021 and closes on Mar 8, 2021.

  4. What is the lot size of Ashapuri Gold Ornament FPO?

    Ashapuri Gold Ornament FPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

  5. How to apply for Ashapuri Gold Ornament FPO?

    You can apply in Ashapuri Gold Ornament FPO 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Ashapuri Gold Ornament FPO allotment?

    The finalization of Basis of Allotment for Ashapuri Gold Ornament FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ashapuri Gold Ornament FPO allotment status.

  7. When is Ashapuri Gold Ornament FPO listing date?

    The Ashapuri Gold Ornament FPO listing date is on Wednesday, March 17, 2021.

Ashapuri Gold Ornament FPO Message Board

Ranked Members  Ranked Members

Loading...
5. JethaLal |Mar 16, 2021 21:01
Aniketiaf sir please guide 🙏🙏🙏
Has anyone got 3rd party party allotment from Linkintime in SBI ASBA?
Do share your experience from Mrs Bector and Indigo.
It will be helpful for many people who wants to do 3rd party ASBA application in Laxmi Organics and Nazara technology.

4. Newbiee |Mar 16, 2021 16:44
New Member New Member
Recieved mail from zerodha @4:29PM, Bid submitted.
Status on 4:33pm Rejected by Sponsor Bank.
Cannot delete & re-create now. Zerodha closed

Applied form groww @4:35, got mandate immediately.
We can apply from groww till 5pm
3. Zabhi |Mar 15, 2021 14:50
Anupam Rasayan''s biggest revenue stream is crop protection, same as in case of Heranba. Size wise, the TTM PAT of Heranba was 110 crores and was 58 crores for Anupam Rasayan, so heranba''s PAT is 2x anupam''s

So why did Heranba come with PE of 22x and Anupam is coming at PE of 95x? How is this valuation justified? I feel I am missing something...
2. khusII |Mar 15, 2021 10:48
do you see greater allotment chances in this ?
1. traderji |Mar 3, 2021 19:18
Why should I apply in this IPO if it is already available at Rs 75
Confused...........







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