₹49.24 Crores | Listing at BSE | Tue, Oct 14, 2025 - Tue, Nov 11, 2025
Ashnisha Industries Ltd Rights Issue comprises 16.41 Cr equity shares aggregating to ₹49.24 Cr, offered at an issue price of ₹3 per share with a face value of ₹1 per share.
The record date for determining eligible shareholder is Oct 6, 2025, with the Rights Issue being offered in the entitlement ratio of 13 : 8.
The term of payment is defined as following : The entire amount will be payable at application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Nov 13, 2025.
The Rights Issue opens on Oct 14, 2025, and closes on Nov 11, 2025, with renunciation of Rights Entitlements permitted up to Nov 4, 2025.
The deemed date of allotment is Nov 13, 2025, following which the equity shares are expected to be credited to demat accounts on Nov 13, 2025 and listed at the BSE on Nov 14, 2025.
Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Ashnisha Industries Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, Oct 6, 2025
Entitlement Ratio
13 : 8
Open Date
Tue, Oct 14, 2025
Close Date
Tue, Nov 11, 2025
The entire amount will be payable at application.
Ashnisha Industries Ltd's revenue decreased by 29% and profit after tax (PAT) dropped by 82% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 127.84 | 93.80 |
| Total Income | 10.62 | 14.87 |
| Profit After Tax | 0.17 | 0.96 |
| Total Borrowing | 4.11 | 3.73 |
| Amount in ₹ Crore | ||
Ashnisha Industries Limited (formerly known as Ashnisha Alloys Limited) is a public limited company incorporated on 27 July 2009 and headquartered in Ahmedabad, Gujarat. The primary business is the manufacturing and trading of steel and steel alloy products. Ashnisha also operates in trading of goods, software/electronics/IT products, and investment activities.
The Company proposes to utilize the Net Proceeds to the following purpose:
[Dilip Davda] AIL is primarily engaged in the business of trading various steel products. It has marked de-growth in its top lines for the reported periods. The company has posted inconsistency in its bottom lines for the said periods. Based on its recent financial data, the issue is aggressively priced. The company is operating in a highly competitive and fragmented segment. Higher equity base post-RI raises alarm on its servicing aspect. There is no harm in skipping this pricey and dicey “High Risk/Low Return” bet. Read detail review...
Ashnisha Industries Rights Issue 2025 got oversubscribed by 1.08 times by the end of the bidding period with total bid quantity received by BSE of 17,67,93,828 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | Subscription Times |
|---|---|---|
Nov 11 2025 17:00:00 | 17,67,93,828 | 1.08x |
Ashnisha Industries Ltd
7th Floor,
Ashoka Chambers, Opp. HCG Hospital,
Mithakhali Six Roads, Mithakhali
Ahmedabad, 380006
Purva Sharegistry (India) Pvt.Ltd.
The Ashnisha Industries Rights Issue 2025 opens on Tue, Oct 14, 2025, and closes on Tue, Nov 11, 2025.
Ashnisha Industries Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Tue, Oct 7, 2025 |
| Last Date for renunciation of Rights Entitlements | Tue, Nov 4, 2025 |
| Issue Opening Date | Tue, Oct 14, 2025 |
| Issue Closing Date | Tue, Nov 11, 2025 |
| Date of Allotment (on or about) | Thu, Nov 13, 2025 |
| Date of Credit (on or about) | Thu, Nov 13, 2025 |
| Date of Listing (on or about) | Fri, Nov 14, 2025 |
You can apply for Ashnisha Industries Rights Issue 2025 in two ways:
Steps to apply for Ashnisha Industries Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Ashnisha Industries Rights Issue 2025 using Registrar's website (R-WAP)
