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IPO Performance
Ashapuri Gold Ornament Ltd.
Issue Open Date 03-Mar-21  
Issue Closing Date 08-Mar-21  
Application Money 100  
Allotment Money  
Price Band 81 -  
Minimium Application No. 1600  
Issue Size (Shares) 3705600  
Market Lot 1  
Objective
Our Company proposes to utilize the Net Proceeds from the issue towards the following objects:1. Establishment of Jewellery manufacturing Unit2. Meeting working capital requirements; and3. General corporate purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     3824000    
Qualified Institutional Buyers     3200    
Retail Individual Investors     526400    
Business Description
Ashapuri Gold Ornament is primarily engaged in the wholesale jewellery trading business. The company designs, manufactures, and sells a wide range of gold, studded jewellery, and other jewellery products i.e. wedding jewellery, festive jewellery, rings, chains, earrings, ear chain, nose pins, waist belts, mangalsutra, anklet, Pendant set, bangles, etc. All the jewellery manufacturing job work is carried in its own manufacturing unit at Ahmedabad and Rajkot. Also, the company has a sales team across different cities i.e. Delhi, Punjab, Rajasthan, UP, Chennai, Kolkata, Bangalore to serve customers all over the country.
Promoter's Holding
Total Share Capital   15542340  
Offered to Public   3705600  
Promoter's Holding (Pre-Issue)   73  
Promoter's Holding (Post-Issue)   62.17  
Address
109 To 112 A
1st Floor Supermall
Nr. Lal Bunglow
C. G. Road

Ahmedabad,
Gujarat,
380009
Phone : 079-26462171 / 264962170-71
Email : info@ashapurigoldcom
Website : www.ashapurigold.com
Registrar
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
Listed at
BSE
Lead Manager
Fedex Securities Ltd.
Mehta Integrated Finance Ltd.
Promoters
Dinesh Soni
Jitendra Soni
Saremal Soni
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