ASL Industries Ltd IPO (ASL Industries IPO) Detail

Mar 31, 2017 - Apr 7, 2017

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.

Objects of the Issue

The object of the issue are to:

1. Funding working capital requirements of the Company;
2. General Corporate Expenses;
3. Issue Expenses

ASL Industries IPO Details

ASL Industries IPO Date Mar 31, 2017 to Apr 7, 2017
ASL Industries IPO Face Value ₹10 per share
ASL Industries IPO Price ₹35 per share
ASL Industries IPO Lot Size 4000 Shares
Issue Size2,800,000 shares of ₹10
(aggregating up to ₹9.80 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The promoters of the company are:

1. Mr. Dilip Kumar Goyal
2. Ms. Jayshree Goyal
3. Mr. Ankit Goyal and
4. Mr. Akshay Goyal

ASL Industries IPO Lot Size

The ASL Industries IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹140,000).

Application Lots Shares Amount
Retail (Min) 1 4000 ₹140,000
Retail (Max) 1 4000 ₹140,000

ASL Industries IPO Review

Being expensive offer and non-encouraging performance so far, one may give it a miss. Read detail review...

ASL Industries IPO Subscription Status (Bidding Detail)

The ASL Industries IPO is subscribed times on Apr 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)

CategorySubscription (times)

ASL Industries IPO Prospectus

ASL Industries IPO Rating

Rating:Rated 3.5 stars
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ASL Industries IPO Listing Date

Listing Date Tuesday, April 18, 2017
BSE Script Code
Listing In
ISIN INE617I01024
IPO Price ₹35 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹35.00
Open: ₹33.10
Low: ₹32.00
High: ₹36.00
Last Trade: ₹35.05

Company Contact Information

ASL Industries Ltd
7B, Punwani Chambers,
Kiran Shankar Roy Road,
Phone: +91-33-22480150

ASL Industries IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000

ASL Industries IPO Review

ASL Industries IPO Recommendation Summary

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ASL Industries IPO FAQs

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 Mar 31, 2017, and closes on Apr 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 Mar 31, 2017 and closes on Apr 7, 2017.

ASL Industries IPO lot size is 4000 Shares and the minimum order quantity is .

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, Edelweiss, 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.

The ASL Industries IPO listing date is on Tuesday, April 18, 2017.
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ASL Industries IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



26. Kick |   Link |May 25, 2017 9:04:24 AM
Any Update on IPO allotment
25. RKGARG |   Link |May 8, 2017 1:10:31 PM
how about ASL Industries IPO. I have one allotement, shall I keep it or sale it out.

advice , I am new one to play IPO
24. vinayak rao |   Link |May 5, 2017 4:51:26 PM
anybody have the link
23. Amit agarwal |   Link |May 4, 2017 4:05:28 PM
22. Nagaaaa |   Link |Apr 14, 2017 10:57:37 PM
Any one know when is allotment and listing date?
21. raj shah |   Link |Apr 14, 2017 6:36:47 AM
karvy site pe abhi tak allotment aaya nahi ?
20. raj shah |   Link |Apr 14, 2017 6:35:31 AM
still not get allotment....
19. K Patalia |   Link |Apr 12, 2017 11:47:09 PM
Listing date of ASL?
18. KUNALSOM |   Link |Apr 12, 2017 6:38:21 PM
grey market premium.. any guess
17. S J P Shares |   Link |Apr 10, 2017 4:04:09 PM
16. raj shah |   Link |Apr 8, 2017 12:31:04 AM
good company.. get good returns...
15. Yash Shah |   Link |Apr 7, 2017 3:38:31 PM
Till 6th April, It was 0.85 times subscribed. Looks very low IPO.
14. Mkshah |   Link |Apr 5, 2017 12:11:28 AM
How is this IPO ? How many times has it subscribed till today ? Anyone has idea. Is there any GMP for this SME IPO
Please reply fast
13. IPO investment management |   Link |Apr 4, 2017 10:58:15 PM
Gray jol 10000 people 🐒
12. raj shah |   Link |Apr 3, 2017 11:07:09 PM
apply one app problem
11. RAJ STOCK |   Link |Apr 3, 2017 9:44:21 AM
Please tell us GMP??
10. P K SHAH |   Link |Apr 2, 2017 8:57:19 PM
Any fix or subject Kostak rate?
9. Edulakanti |   Link |Apr 2, 2017 3:51:34 PM
Iam also intest ipo
8. Mumbaigold |   Link |Apr 2, 2017 12:23:03 AM
Vil double in 1 mth
7. Atul.Zaveri |   Link |Apr 1, 2017 12:31:54 AM
Any one intrested in kostak.....I want to sale
7.1. chetan rajguru |   Link |Apr 1, 2017 1:38:46 PM