FREE Account Opening + No Clearing Fees
Loading...

Ashapuri Gold Ornament Ltd Rights Issue (Ashapuri Gold Ornament Rights Issue 2024) Detail

May 8, 2024 - May 27, 2024
Ashapuri Gold Ornament Ltd Logo

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.

Ashapuri Gold Ornament Rights Issue 2024 Detail

Issue Open May 8, 2024 - May 27, 2024
Security Name Ashapuri Gold Ornament Ltd
Issue Size (Shares) 83,328,666
Issue Size (Amount) ₹48.75 Crores
Issue Price ₹5.85 per share
Face Value ₹1 per share
Listing At BSE
Terms of Payment

Full Amount for Rights Equity Shares shall be payable by the eligible shareholders at the time of making an application.

Entitlement 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date

Ashapuri Gold Ornament Rights Issue 2024 Issue Timetable

Last Date to buy sharesApril 16, 2024
Record Date April 18, 2024
Credit of Rights Entitlements May 3, 2024
Bid/Offer Opens On May 8, 2024
Renunciation of Rights Entitlements May 21, 2024
Bid/Offer Closes On May 27, 2024
Deemed Date of Allotment June 4, 2024
Credit Date June 5, 2024
Listing Date June 10, 2024

Company Financials

Ashapuri Gold Ornament Ltd Financial Information (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets90.7187.4280.28
Revenue154.14163.96117.64
Profit After Tax7.431.793.072.55
Net Worth89.9682.5380.7477.68
Total Borrowing1.766.894.330.04
Amount in ₹ Crore

Objects of the Issue:

The company proposes to utilize the Net Proceeds to:

  1. Meeting the working capital requirements of the Company; and
  2. General Corporate Purposes

Ashapuri Gold Ornament Rights Issue 2024 Subscription Status

Ashapuri Gold Ornament Rights Issue 2024 got oversubscribed by 1.44 times by the end of the bidding period with total bid quantity received by BSE of 119,742,075 shares.

Ashapuri Gold Ornament Rights Issue 2024 Documents

Ashapuri Gold Ornament Rights Issue 2024 Rating

17
3.9
Rating:Rated 3.9 stars
Vote Here ...

Ashapuri Gold Ornament Rights Issue 2024 Reviews

Company Contact Information

Ashapuri Gold Ornament Ltd
109 to 112A, 1st Floor Supermall
Nr. Lal Bunglow
C.G. Road, Ahmedabad - 380009

Phone: 079-26462170
Email: account@ashapurigold.com
Website: http://www.ashapurigold.com/

Ashapuri Gold Ornament Rights Issue 2024 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: investor@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

Ashapuri Gold Ornament Rights Issue 2024 Lead Manager(s)

Ashapuri Gold Ornament Rights Issue 2024 FAQs

The Ashapuri Gold Ornament Rights Issue 2024 opens on May 8, 2024, and closes on May 27, 2024.

Ashapuri Gold Ornament Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsMay 3, 2024
Last Date for renunciation of Rights EntitlementsMay 21, 2024
Issue Opening DateMay 8, 2024
Issue Closing DateMay 27, 2024
Date of Allotment (on or about)June 4, 2024
Date of Credit (on or about)June 5, 2024
Date of Listing (on or about)June 10, 2024

Ashapuri Gold Ornament Rights Issue 2024 price is set at ₹5.85 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date (April 18, 2024).

The record date for the Ashapuri Gold Ornament Rights Issue 2024 is April 18, 2024.

The issue size of Ashapuri Gold Ornament Rights Issue 2024 is of 83,328,666 equity shares at ₹5.85 per share aggregating upto ₹48.75 Crores.

The Letter of Offer for Ashapuri Gold Ornament Rights Issue 2024 can be download here.

You can apply for Ashapuri Gold Ornament Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Ashapuri Gold Ornament Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Ashapuri Gold Ornament Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Ashapuri Gold Ornament Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Ashapuri Gold Ornament Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Ashapuri Gold Ornament Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

11 Comments

11. Indukumar v     Link|June 22, 2024 6:59:19 AM
Sir,
I have purchased 666 shares by right issue.(266 allotted and 400 extra.Then I had tried to purchase another 1000 shares and bought 1000 RE. But I couldn't block the premium amount in my bank account.So I lost the amount Rs.3790/-.Please take action to refund my money
10. Pavan gupta     Link|June 13, 2024 6:10:36 PM
Sir sabhi sare to theek growth per hai but agol Maine Last 06 month se niche hi ja raha
9. Pavan gupta     Link|June 13, 2024 6:09:59 PM
Sir sabhi sare to theek growth per hai but agol Maine Last 06 month se niche hi ja raha
8. Vimal     Link|June 12, 2024 8:31:17 PM
Rights Issue credited in CDSL Demat Account but not showing in Broking A/c to trade. What is the time limit that company has to make listing of its rights issue on BSE ?? Any Idea
7. Vasu d     Link|June 11, 2024 8:55:11 PM
Are rights entitled share are credited in KIte /zerodha .
7.1. Manimaran     Link|June 12, 2024 2:59:04 PM
No , not yet for me just received message that share are alloted from cdsl on Friday
6. subasj     Link|June 12, 2024 12:47:10 PM
why not UnBLOCKED when can i Sell ??
5. James     Link|June 5, 2024 5:01:14 PM
When allotment of Right issue will start and how to check on which site?
4. SARAFUDHEEN     Link|June 5, 2024 12:22:38 PM
HI SIR I ALREDY BLOCKED FUND IN MY PNB A/C FOR RE ASHAPURI GOLD
BUT NOT ADDED THE SHARE 250 QTY ELGIBLE RE IN MY DEMAT
WHEN WILL IT CAN I TRASACTION?
3. SHEKHAR AGRAWAL     Link|May 20, 2024 11:41:50 AM
Why ICICI Direct is not showing this under right issue ? How to apply in Right issue ?
3.1. Bala     Link|May 22, 2024 3:22:02 PM
Go to ICICI Bank online account, use menu " Investment" and select "Invevst online"
2. Nagesh     Link|May 17, 2024 9:32:09 AM
Hai can I know where to apply Right issue for AGOL
1. Murthy     Link|May 2, 2024 11:49:35 AM
Draft LOF
https://www.bseindia.com/corporates/download/12134/Rights/Draft%20Letter%20of%20Offer_10112023__new_20231209190457.pdf
1.1. ISMAIL IBRAHIMBHAI BHAJIYA     Link|May 13, 2024 11:21:45 AM
my folio no1024803 i appy physical form in my home branch bank of baroda but they are no accept and i have no online account so how to apply pls guide

Compare rights issues with Ashapuri Gold Ornament Rights Issue 2024