Ashapuri Gold Ornament Ltd Right Issue

₹48.75 Cr BSE 8 May 2024 – 27 May 2024

Closed Ratio: 1 : 3 BSE
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Issue Price
₹5.85
Face Value
₹1.00
Issue Size (Shares)
83,328,666
Issue Size (₹ Cr.)
₹48.75
📅 Right Issue Timetable
Last Date to Buy SharesTue, Apr 16, 2024
Record DateThu, Apr 18, 2024
Credit of Rights EntitlementsFri, May 3, 2024
Bid/Offer Opens OnWed, May 8, 2024
Issue Open DateWed, May 8, 2024
Renunciation Last DateTue, May 21, 2024
Bid/Offer Closes OnMon, May 27, 2024
Issue Close DateMon, May 27, 2024
Deemed Date of AllotmentTue, Jun 4, 2024
Credit DateWed, Jun 5, 2024
Listing DateMon, Jun 10, 2024
📋 Right Issue Details
Issue Size (Shares)83,328,666
Issue Size (Amount)₹48.75 Cr.
Issue Price₹5.85 per share
Face Value₹1.00 per share
Entitlement Ratio1 : 3
Listing AtBSE
Terms of PaymentFull Amount for Rights Equity Shares shall be payable by the eligible shareholders at the time of making an application.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income154.14163.96
EBITDA
Net Worth89.9682.5380.74
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Meeting the working capital requirements of the Company; and
2General Corporate Purposes
🏢 About the Company
Incorporated in June 2008, Ashapuri Gold Ornament Limited is a manufacturer and seller of gold and antique jewellery in India. The company designs, manufactures, and sells a wide range of jewellery products, including gold and studded jewellery, at various price points. Our product portfolio includes wedding jewellery, festive jewellery, rings, chains, earrings, ear chains, nose rings/nose pins, waist belts, mangal sutras, anklets, judas, toe rings, pendant sets/pendants, bracelets, and bangles.

AGOL has a large inventory of designs, manufacturing expertise, and a high quality of service. The company has a physical presence in five cities: Ahmedabad, Delhi, Mumbai, Bangalore, and Chennai.

The company has appointed sales teams for different regions/cities such as Delhi, Rajasthan, Punjab, Uttar Pradesh, Kolkata, Chennai, Bangalore, etc. to expand their business further.

As of September 30, 2023, the Company has a total of 60 employees working for them.

AGOL designs its products internally or through third-party designers and manufactures its jewelry on a job-work basis in Ahmedabad and Rajkot. Additionally, the company has formed a partnership with Kiran Soni and Alka Jitendra Soni, who are partners of M/s. Blue-Onxy Lifestyle engages in the production and sale of branded readymade garments.
📞 Company Contact
CompanyAshapuri Gold Ornament Ltd
Address109 to 112A, 1st Floor Supermall
Nr. Lal Bunglow
C.G. Road, Ahmedabad - 380009
Ahmedabad, Gujarat, 380009
Phone079-26462170
Emailaccount@ashapurigold.com
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd.
Phone8657578989/8069219065/8069219060
Emailinvestor@bigshareonline.com
WebsiteVisit ↗