IPO

Ashapuri Gold Ornament Limited IPO

BSE SME

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

₹ 204000 /4000 Shares
*Min Investment

13 Mar, 2019

Open Date

18 Mar, 2019

Close Date

25 Mar, 2019

Allotment Date

27 Mar, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 51/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price 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
  • Listing at BSE SME
  • Lead Manager Fedex Securities Limited
  • Registrar BIGSHARE SERVICES PRIVATE LIMITED
IPO Details
  • Retail Portion N/A
IPO Details


Ashapuri Gold Ornament Limited IPO is an SME IPO, priced at Rs 51/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Mar 13, 2019 to Mar 18, 2019. The allotment is expected to be finalized on Mar 25, 2019, and the tentative listing date is Mar 27, 2019.


The registrar of the IPO is BIGSHARE SERVICES PRIVATE LIMITED, and

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IPO Subscription Analysis And Details
Retail
6.00x
Total
63.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved10,04,00010,04,00020,08,000
Day 1 - 13-03-19
15,88,000 0.58 x1,24,000 0.05 x17,12,000 0.31 x
Day 2 - 14-02-19
20,00,000 0.73 x2,02,000 0.07 x22,02,000 0.40 x
Day 3 - 15-03-19
45,24,000 1.66 x2,30,000 0.08 x47,54,000 0.87 x
Day 4 - 18-03-19
56,48,000 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/-
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 - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
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