Ashapuri Gold Ornament Ltd FPO (Ashapuri Gold Ornament FPO) Details:

Ashapuri Gold Ornament Ltd

Ashapuri Gold Ornament Ltd FPO (Ashapuri Gold Ornament FPO) Details:

Ashapuri Gold Ornament Ltd FPO Detail. This Company is a wholesale jewellery company mainly concerned. The company designs products and sells various items such as marriage diamonds, festive gemstones, bands, ties, earrings, nose pins, tail belts, mangalsutra, anklet, pendant collection, braces, etc. This product includes gold, plywood and other jewellery products.

All work in jewellery production is undertaken in the Ahmedabad and Rajkot own manufacturing units. The showroom consists of 2,945 sq ft. and the processing facilities in Ahmedabad of 2,194 sq ft. The Business has a distribution force in numerous cities like Delhi, Punjab, Rajasthan, UP, Chennai, Kolkata, and Bangalore for customers around the country.

Ashapuri Gold Ornament Ltd FPO:

IPO Opening Date Mar 3rd, 2021
IPO Closing Date Mar 8th, 2021
Issue Type Fixed Price Issue FPO
Face Value ₹10 per equity share
FPO Price ₹81 per equity share
Market Lot 1,600 Shares
Min Order Quantity 1,600 Shares
Listing At BSE, SME
Issue Size 37,05,600 Eq Shares of ₹10

(aggregating up to ₹30.02 Cr)

Ashapuri Gold Ornament Ltd FPO:

This Company is a wholesale jewellery company mainly concerned. The company designs products and sells various items such as marriage diamonds, festive gemstones, bands, ties, earrings, nose pins, tail belts, mangalsutra, anklet, pendant collection, braces, etc. However, the issue is going to be opened on the 3rd March and it will be closed on 8th March 2021. Hence, the face value is Rs. 10/- per equity share. But, the FPO price is Rs. 81 per share. However, the minimum market lot is set at 1,600 shares per lot. Moreover, the minimum order quantity for buying is 1,600 shares. Further, the stock listing at BSE SME. Similarly, the issue of Equity shares is Rs. 10/- aggregating up to Rs. 30.02 crores. 

Objects of the Issue:

    • To establish of Jewellery manufacturing unit
    • Hence, to meet working capital requirements.
    • To meet general corporate purposes.
Prospectus Documents:

FPO DRHP

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

Phone: 079-26462171
Email: account@ashapurigold.com
Website: www.ashapurigold.com

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