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

Issue Open	Jul 26, 2007 - Jul 31, 2007
Issue Type	Book Built Issue IPO
Issue Size	7,000,000 Eq Shares of Rs 10 (aggregating up to Rs 67.90 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 85 - Rs 102 Per Equity Share
Market Lot	60 Shares
Min Order Quantity	60 Shares
Listing At	BSE, NSE

Asian Granito IPO Subscription Status (Bidding Detail)

Asian Granito IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	QIB	NII	RII	Employee	Others	Total
Shares Offered	-	-	-	-	-	-
Jul 31, 2007 17:00	3.10x	10.01x	4.66x	1.38x		4.51x

Asian Granito IPO Prospectus

Asian Granito IPO Rating

124

3.5

Rating:

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Asian Granito IPO Listing Date

Listing Date	Thursday, August 23, 2007
BSE Script Code	532888
NSE Symbol	ASIANTILES
Listing In	B1
ISIN	INE022I01019
Issue Price	Rs 97 Per Equity Share
Face Value	Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE
Rs 97.00
Rs 100.15
Rs 82.10
Rs 103.35
Rs 94.75
14,213,713

NSE
Rs 97.00
Rs 99.90
Rs 82.25
Rs 107.65
Rs 94.20
14,091,554

Asian Granito IPO Reviews / Ratings

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Business Line - Invest at cut-off.
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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
Email: ipo@asiangranito.com
Website: http://www.asiangranito.com

Asian Granito IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: agilipo@intimespectrum.com
Website: http://www.linkintime.co.in

Asian Granito IPO Lead Manager(s)

SBI Capital Markets Limited

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Useful Articles

Asian Granito IPO Review / Comments

117. bhat Sep 6, 2007 21:18

sell

116. ashok Aug 24, 2007 11:32

I think no one selling this gem this will rise like sel manufacturing .Only fools are selling today

115. alok Aug 24, 2007 11:14

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 Aug 23, 2007 19:12

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 Aug 23, 2007 14:31

Dont't sell it but buy fool people are selling this gem

112. shareshah Aug 23, 2007 12:02

it is not fair fundamently good company listed below and sel manu. take huge premium not fair !!!

111. rajiv jain Aug 22, 2007 20:59

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 11568-11821.so be careful about choosing stocks.

110. rajiv jain Aug 22, 2007 20:55

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 Aug 21, 2007 19:38

if SEL can made height 173 why no ASIAN

108. DEEPAK JAISWAL Aug 21, 2007 15:00

I THINK AGIL IS A VERY GOOD STOCK IN ASSESRIES OF CONTRUCTIONS MATERIAL. NO DOUET AGIL CROSS THE 200 IN SHORT TO MEDIMUM TERM

107. shareshah Aug 21, 2007 13:48

if sel listed and tread huge premium why not asian ? !!!

106. lalit Joshi Aug 21, 2007 10:36

Asian Granito IPO Listing Info

IPO Listing Date : August 23, 2007
BSE Script Code :
NSE Symbol : ASIANTILES
Listing in :
ISIN : INE022I01019
Issue Price : Rs 97/- Per Equity Share
Face Value : Rs 10/- Per Equity Share

105. lalit Joshi Aug 20, 2007 14:43

Asian Granito India Limited (AGIL)
IPO listing date is 23/08/2007

104. HARSHIT Aug 20, 2007 14:11

WHat is the Date of listing if AGIL ?

103. KALPESH Aug 18, 2007 13:23

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 Aug 17, 2007 09:23

when is the listing of agil

101. tanushree Aug 17, 2007 01:42

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 Aug 16, 2007 15:36

i think it is a good issue and give good returns and will around 105-110

99. Manish Jain Aug 16, 2007 15:28

Suresh Ji.
u r genius!!!!!!!!!

98. Suresh Aug 15, 2007 16:52

Asian Grainto will list around 135. Make book profit at 150.

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