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AGAGOLListed

Ashapuri Gold Ornament Ltd FPO

Fixed Price IPO · BSE

Price band
₹51-₹51
Lot size
1,600 shares
Issue amount
₹29 cr
Total subscription
0×
Current price₹5.65
Listing price ₹75
Watch live price ↗
Opens
13 Mar 2021
Closes
18 Mar 2021
Allotment
22 Mar 2021
Listing
27 Mar 2021

Offer at a glance

Issue overview

Issue size
57,50,000 shares
Face value
₹10 per share
Minimum investment
₹1,29,600
Fresh issue
₹0 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,29,600
Issue type
Fixed Price IPO
Shares before issue
1,55,43,000
Shares after issue
2,12,93,000

Lot sizes

CategoryLotsSharesAmount
RETAIL12,000₹1,02,000
HNI24,000₹2,04,000

Share reservation

Market Maker5.18%
HNI47.41%
RETAIL47.41%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

00.5116 Apr: ₹030 Dec: ₹0
16 Apr₹030 Dec

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,00015,000Mar-18 · Revenue: 4,692.92Mar-18 · Profit after tax: 7.3Mar-18Mar-19 · Revenue: 8,820.22Mar-19 · Profit after tax: 38.16Mar-19Mar-20 · Revenue: 12,065.9Mar-20 · Profit after tax: 47.36Mar-20Sep-20 · Revenue: 2,231.16Sep-20 · Profit after tax: 244.22Sep-20
RevenueProfit after tax

Company information

Company profile

Incorporated in 2008, Ashapuri Gold Ornament Limited is engaged in the wholesale trading of gold jewellery, offering a wide range of products such as rings, nose rings, bangles, earrings, anklets, necklaces and pendants in antique, traditional, bridal, contemporary and combination designs to cater to diverse customer segments. The company operates a 2,945 sq. ft. showroom in Ahmedabad and sells only Hallmark-certified jewellery, which is manufactured on a job-work basis at Ahmedabad and Rajkot. Ashapuri has also entered into a partnership with Blue-Onxy Lifestyle for the branded readymade garments business and plans to open multiple garment showrooms across various cities in Gujarat over time, while currently operating with a workforce of nine employees.

Strengths

  • Over 10 Years of Experience: Strong industry presence with proven expertise.
  • Prime Location Showrooms: Well-placed showrooms in key areas of Ahmedabad.
  • Wide Product Range: Offers a diverse collection to meet different customer needs.
  • Unique & Antique Designs: Known for distinctive and traditional jewellery designs.

Promoters

Mr. Saremal Soni

Mr. Dinesh Soni

Mr. Jitendra Soni

Registrar & documents

Lead manager

Fedex Securities Private Limited

Registered office

109 to 112-A, Super Mall, Nr. LalBunglow, C G Road, Ahmedabad – 380 009

079-26462171

[email protected]Company website ↗

Understanding AGOL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.