Asian Granito India Limited Rights Issue (Asian Granito India Rights Issue) Detail

Sep 23, 2021 - Oct 7, 2021
Asian Granito India Limited Logo

Established in the year 1995, Asian Granito started commercial manufacturing of tiles in 2003. The company is engaged in the manufacturing of tiles, vitrified and ceramic products and caters to a large number of consumers with various price points. The company also manufactures engineered marble and quartz stone to cater to the middle to upper-middle segment. In 2019, the company started a bath-ware range to increase its product portfolio and strengthen the domestic and international markets reach. The company along with its subsidiaries, own 5 manufacturing units in Gujarat with a combined installed production capacity of 2,32,98,000 square meter p.a. (for FY 2020-21).

Asian Granito India Rights Issue Detail

Issue Open Sep 23, 2021 - Oct 7, 2021
Security Name Asian Granito India Limited
Issue Size (Shares) 2.25 Crores
Issue Size (Amount) ₹224.64 Crores
Issue Price ₹100 per share
Face Value ₹10 per share
Minimum Lot size
Market Lot 1 per share
Listing At BSE, NSE
Terms of Payment The full amount of Rs.100 per Rights Equity Share is payable on Application.
Entitlement 19 Equity Share for every 29 fully paid-up Equity Shares held on the Record Date

Asian Granito India Rights Issue Issue Timetable

Bid/Offer Opens On Sep 23, 2021
Bid/Offer Closes On Oct 7, 2021
Record Date Sep 9, 2021
Deemed Date of Allotment Oct 20, 2021
Renunciation of Rights Entitlements Oct 1, 2021

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended ( Crores)
31-Mar-21 31-Mar-20
Total Assets 1,367.06 1,259.10
Total Income 1,295.82 1,232.27
Profit After Tax 57.60 46.04

Objects of the Issue:

The Proceeds from the Issue will be utilized towards funding of the following objects: 1. Part repayment / Pre-payment of certain secured loans availed from lenders 2. To meet working capital requirements 3. General corporate expenses

Asian Granito India Rights Issue Documents

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Company Contact Information

Asian Granito India Limited
202, Dev Arc,
Opposite Iskon Tample,
Ahmedabad, Gujarat – 380059, India

Phone: +91 079 – 66125500

Asian Granito India Rights Issue Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270

Asian Granito India Rights Issue Lead Manager(s)


3. ashwin gandhi  
iam retail investor, in right issue there in five type investor categories,SHA,SHA-1 SHA-2 SHA-3 SHA-4,So which categorise I should submit for retail categories ?
Tried Axis-bank, icici bank and Kotak bank none of them offer online asba for Asian granito.
I wonder why.
1. J.J.  
Make new page on rpp infra right issue