IPO

Ashapuri Gold Ornament Limited IPO

BSE SME

Offer Date: Mar 13, 2019 - Mar 18, 2019

₹ 102000 /2000 Shares

IPO Details

13 Mar, 2019

Open Date

18 Mar, 2019

Close Date

25 Mar, 2019

Allotment Date

27 Mar, 2019

Listing Date

Issue Price

Rs 51/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

BSE SME

Registrar

BIGSHARE SERVICES PRIVATE LIMITED

Market Lot

2000 Shares (Rs 1,02,000/-)

Lead Manager

Fedex Securities Limited

Issue Size

Fresh issue of 57,50,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 29.33 Cr

Retail Portion

N/A

Subscription

63,42,000 1.16 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved10,04,00010,04,00020,08,000
Day 1 - 13-03-1915,88,000 0.58 x1,24,000 0.05 x17,12,000 0.31 x
Day 2 - 14-02-1920,00,000 0.73 x2,02,000 0.07 x22,02,000 0.40 x
Day 3 - 15-03-1945,24,000 1.66 x2,30,000 0.08 x47,54,000 0.87 x
Day 4 - 18-03-1956,48,000 2.07 x6,94,000 0.25 x63,42,000 1.16 x

Valuations

Earnings Per Share (EPS)

Rs 0.03/-

P/E Ratio

1487

RoNW

1.11%

Net Asset Value (Post Issue)

Rs 21.22/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Ashapuri Gold Ornament Limited2.4014871.11%46.92
D.P Abhushan Limited2.3310.1919.83%659.91
Moksh Ornaments Limited0.813.7315.17%310.02

- Promoter(s)


Company Promoter(s)

  1. Mr. Saremal Soni
  2. Mr. Dinesh Soni 
  3. Mr. Jitendra Soni

IPO - Issue Objectives

  1. Establishment of jewellery manufacturing unit. ( Rs 1.05 Cr )
  2. Investment in partnership firm. ( Rs 1.08 Cr )
  3.  Meeting working capital requirements. ( Rs 1.80 Cr )
  4. General corporate purposes. ( Rs 7.25 Cr )

IPO - FAQs

Ans. Ashapuri Gold Ornament Limited IPO is a SME IPO. The issue is priced at Rs 51/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Mar 13, 2019, and closes on Mar 18, 2019. BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Ashapuri Gold Ornament Limited IPO opens on Mar 13, 2019 and closes on Mar 18, 2019.

Ans. The size of Ashapuri Gold Ornament Limited IPO is Fresh issue of 57,50,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 29.33 Cr.

Ans. The IPO price band is set between Rs 51/- Per Equity Share .

Ans. To apply for Ashapuri Gold Ornament Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Ashapuri Gold Ornament Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Ashapuri Gold Ornament Limited IPO is Mar 25, 2019.

Ans. The Ashapuri Gold Ornament Limited IPO will be listed on Mar 27, 2019.

Ans. Follow the steps to check the allotment status for Ashapuri Gold Ornament Limited IPO here.