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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.
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 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 Size | 7,000,000 shares of ₹10 (aggregating up to ₹67.90 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
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 |
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)
| Category | Subscription (times) |
|---|
| Listing Date | Thursday, August 23, 2007 |
| BSE Script Code | 532888 |
| NSE Symbol | ASIANTILES |
| Listing In | B1 Group of Securities |
| ISIN | INE022I01019 |
| IPO Price | ₹97 per share |
| Face Value | ₹10 per share |
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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
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: agilipo@intimespectrum.com
Website: https://linkintime.co.in/
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.
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