Asian Granito India Limited Right Issue

₹224.64 Cr BSE, NSE 23 Sep 2021 – 7 Oct 2021

Closed BSE, NSE
HomeRight Issue › Asian Granito India Limited
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Issue Price
₹100.00
Face Value
₹10.00
Issue Size (Shares)
22,464,188
Issue Size (₹ Cr.)
₹224.64
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateThu, Sep 9, 2021
Credit of Rights EntitlementsFri, Sep 17, 2021
Bid/Offer Opens OnThu, Sep 23, 2021
Issue Open DateThu, Sep 23, 2021
Renunciation Last DateFri, Oct 1, 2021
Bid/Offer Closes OnThu, Oct 7, 2021
Issue Close DateThu, Oct 7, 2021
Deemed Date of AllotmentWed, Oct 20, 2021
Credit DateThu, Oct 21, 2021
Listing DateTue, Oct 26, 2021
📋 Right Issue Details
Issue Size (Shares)22,464,188
Issue Size (Amount)₹224.64 Cr.
Issue Price₹100.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of PaymentThe full amount of Rs.100 per Rights Equity Share is payable on Application.
📊 Company Financials (Restated)
Period Ended2021-03-312020-03-31FY I
Income1,295.821,232.27
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1. Part repayment / Pre-payment of certain secured loans availed from lenders
2To meet working capital requirements
3General corporate expenses
🏢 About the Company
Established in the year 1995, Asian Granito started commercial manufacturing of tiles in 2003. The company is engaged in the manufacturing of tiles, vitrified and ceramic products and caters to a large number of consumers with various price points. The company also manufactures engineered marble and quartz stone to cater to the middle to upper-middle segment. In 2019, the company started a bath-ware range to increase its product portfolio and strengthen the domestic and international markets reach. The company along with its subsidiaries, own 5 manufacturing units in Gujarat with a combined installed production capacity of 2,32,98,000 square meter p.a. (for FY 2020-21).
📞 Company Contact
CompanyAsian Granito India Limited
Address202, Dev Arc,
Opposite Iskon Tample,
Ahmedabad, Gujarat – 380059, India
Ahmedabad, Gujarat, 380059
Phone+91 079 – 66125500
Emailinfo@aglasiangranito.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailagl.rights@linkintime.co.in
WebsiteVisit ↗