Asian Granito India Ltd IPO (Asian Granito IPO) Detail

Jul 26, 2007 - Jul 31, 2007

Incorporated in 2003, Asian Granito India Limited (AGIL) is in the business of manufacturing vitrified tiles. Asian Granito's products include glazed, unglazed, rustic, matte, homogenous and non-homogenous body, water jet cutting, tailor made designs or customized tiles. Asian Granito's manufacturing plants is located in Himmatnagar, Gujarat.

Asian Granito is one of the largest ISO 9001 Certified vitrified tiles manufacturers in India. AGIL has two state-of-the-art manufacturing plants, technically collaborated with SACMI, ITALY, the world class leader in ceramic technology. AGIL has extensive network of business associates, 250 distributors, more then 3500 retail counters and 19 depots in all over India. The company has won 20 best display awards till date.

AGIL's subsidiary, Asian Tiles Ltd, manufacturer of ceramic floor tiles, has a manufacturing plant at Jawanpura, Gujarat. It has manufacturing capacity of 7000 square meters per day.

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. Setting up of a wall tile unit;
2. Modernisation and expansion of existing vitrified tile manufacturing unit.

Asian Granito IPO Details

Asian Granito IPO Date Jul 26, 2007 to Jul 31, 2007
Asian Granito IPO Face Value ₹10 per share
Asian Granito IPO Price ₹85 to ₹102 per share
Asian Granito IPO Lot Size 60 Shares
Issue Size7,000,000 shares of ₹10
(aggregating up to ₹67.90 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Asian Granito IPO Lot Size

The Asian Granito IPO lot size is 60 shares. A retail-individual investor can apply for up to 32 lots (1920 shares or ₹195,840).

Application Lots Shares Amount
Retail (Min) 1 60 ₹6,120
Retail (Max) 32 1920 ₹195,840

Asian Granito IPO Subscription Status (Bidding Detail)

The Asian Granito IPO is subscribed 4.51 times on Jul 31, 2007 5:00:00 PM. The public issue subscribed 4.66 times in the retail category, 3.10 times in the QIB category, and 10.01 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Asian Granito IPO Prospectus

Asian Granito IPO Rating

Rating:Rated 3.5 stars
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Asian Granito IPO Listing Date

Listing Date Thursday, August 23, 2007
BSE Script Code 532888
Listing In B1 Group of Securities
ISIN INE022I01019
IPO Price ₹97 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Asian Granito India Ltd
City Mall, 2nd Floor, Beside Rajpath Club,
Sarkhej Gandhinagar Highway Road,
Ahmedabad 380 054
Phone: +91 79 3291 9687

Asian Granito IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Asian Granito IPO Review

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Asian Granito IPO FAQs

Asian Granito IPO is a main-board IPO of 7,000,000 equity shares of the face value of ₹10 aggregating up to ₹67.90 Crores. The issue is priced at ₹85 to ₹102 per share. The minimum order quantity is 60 Shares.

The IPO opens on Jul 26, 2007, and closes on Jul 31, 2007.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Asian Granito IPO opens on Jul 26, 2007 and closes on Jul 31, 2007.

Asian Granito IPO lot size is 60 Shares and the minimum order quantity is .

You can apply in Asian Granito 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Asian Granito IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Asian Granito IPO allotment status.

The Asian Granito IPO listing date is on Thursday, August 23, 2007.
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Asian Granito IPO Message Board

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117. bhat |   Link |Sep 6, 2007 9:18:56 PM
116. ashok |   Link |Aug 24, 2007 11:32:58 AM
I think no one selling this gem this will rise like sel manufacturing .Only fools are selling today
115. alok |   Link |Aug 24, 2007 11:14:23 AM
Don't sell it before 200 today upper circuit 20% freeze why people are selling it at 100 it will go to 300 in a month very cheap stock it will increase like sell manufacturing like a rocket today
114. kanhaiya |   Link |Aug 23, 2007 7:12:58 PM
got 60 from IPO and sold then at 100 rupees...nicely done..thank god...i am out from this now with some profit :)
113. deepak |   Link |Aug 23, 2007 2:31:40 PM
Dont't sell it but buy fool people are selling this gem
112. shareshah |   Link |Aug 23, 2007 12:02:23 PM
it is not fair fundamently good company listed below and sel manu. take huge premium not fair !!!
111. rajiv jain |   Link |Aug 22, 2007 8:59:40 PM
it is a good issue so dont sell immedietely .hold for some more time &take a handsome profit .it can also up to RS -190.near future we should the market will DRIFT towards downside or should make panic the sensex may touch around be careful about choosing stocks.

110. rajiv jain |   Link |Aug 22, 2007 8:55:20 PM
it is a good issue so dont sell immedietely .hold for some more time &take a handsome profit .it can also up to RS -190

109. Gurpreet |   Link |Aug 21, 2007 7:38:21 PM
if SEL can made height 173 why no ASIAN
108. DEEPAK JAISWAL |   Link |Aug 21, 2007 3:00:18 PM
107. shareshah |   Link |Aug 21, 2007 1:48:06 PM
if sel listed and tread huge premium why not asian ? !!!
106. lalit Joshi |   Link |Aug 21, 2007 10:36:04 AM
Asian Granito IPO Listing Info

IPO Listing Date : August 23, 2007
BSE Script Code :
Listing in :
ISIN : INE022I01019
Issue Price : Rs 97/- Per Equity Share
Face Value : Rs 10/- Per Equity Share
105. lalit Joshi |   Link |Aug 20, 2007 2:43:30 PM
Asian Granito India Limited (AGIL)
IPO listing date is 23/08/2007
104. HARSHIT |   Link |Aug 20, 2007 2:11:46 PM
WHat is the Date of listing if AGIL ?
103. KALPESH |   Link |Aug 18, 2007 1:23:08 PM
Asian Granito India Limited (AGIL) IPO
purvankara ipo listing data pls send me mail id

our indian market is depend on ohter market why ?
102. nikhil |   Link |Aug 17, 2007 9:23:26 AM
when is the listing of agil
101. tanushree |   Link |Aug 17, 2007 1:42:53 AM
shruti r u a fool or what. this is india with 2nd best gdp growth. best investement comes if market goes down. india have enough liquidity and mutual funds and morever india is country where people like retail investors trade maximum.
dont think or day fall can rule out bull market
100. rajiv jain |   Link |Aug 16, 2007 3:36:35 PM
i think it is a good issue and give good returns and will around 105-110
99. Manish Jain |   Link |Aug 16, 2007 3:28:02 PM
Suresh Ji.
u r genius!!!!!!!!!
98. Suresh |   Link |Aug 15, 2007 4:52:43 PM
Asian Grainto will list around 135. Make book profit at 150.