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Right Issue Status: Upcoming [8th May 2024 to 27th May 2024]
Ashapuri Gold Ornament Limited offers Right Issue worth Rs 25.00 Cr . The subscription for this Rights Issue is opening soon. The company issues entitlement of 1 Rights equity shares for every fully paid-up 1 equity shares held on the record date 18 Apr 2024. The face value of a share is Rs.1 per share and the right issue price is fixed at Rs 5.85 for each share
Stay connected with us to more about Ashapuri Gold Ornament Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, sand more.
The company proposes to utilize the Net Proceeds to:
| Ashapuri Gold Ornament Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 8.33 Cr Shares |
| Right Issue Issue Size (Amount) | ₹48.75 Cr |
| Face Value | ₹1 Per Equity Share |
| Right Issue - Issue Price | ₹5.85 per share |
| Right Issue Record Date | 18th Apr 2024 |
| Right Issue Entitlement | 1 Rights Equity Share(s) for every 3 fully paid-up Equity Shares held on Record Date |
| Right Issue Terms of payment | Full Amount for Rights Equity Shares shall be payable by the eligible shareholders at the time of making an application. |
| Listing At | BSE |
| BSE Code | 542579 |
| NSE Code |
In this section we have covered all important dates related to Ashapuri Gold Ornament Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
| Right Issue Activity | Date |
|---|---|
| Right Issue Issue Open Date | 8th May 2024 |
| Right Issue Issue Close Date | 27th May 2024 |
| Basis of Allotment Finalisation Date* | |
| Refunds Initiation* | 21st May 2024 |
| Credit of Shares to Demat Account* | |
| Right Issue Listing Date* |
* - Tentative Dates
Zerodha Trade@20
Ashapuri Gold Ornament Limited was established in 2008 and was initially involved in the wholesale of jewellery until March 2019. Subsequently, the company shifted its focus to manufacturing jewellery on a job-work basis, using its own or third-party designs. However, the company has now started in-house manufacturing of jewellery to reduce its dependence on third-party vendors. The company designs and manufactures jewellery in-house will allows for better management and coordination of labour and materials, improved utilization of lab personnel, better inventory management, and better quality control of the finished products.
The company is involved in the design, manufacturing, and distribution of a wide range of jewellery products that include gold, studded, and other jewellery items that are available in various price ranges. The product range encompasses wedding jewellery, festival jewellery, necklaces, rings, earrings, nose rings/studs, waist belts, mangalsutra, anklets, zuda, toe rings, pendant sets/pendants, bracelets, and bangles. To keep up with the latest trends in the market and to cater to the needs of the customers, the company constantly endeavors to develop new jewellery designs and themes.
Past performance and financial results of Ashapuri Gold Ornament .
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 90.71 | 87.42 | 80.28 | |
| Revenue | 154.14 | 163.96 | 117.64 | |
| Profit After Tax | 0.47 | 1.79 | 3.07 | 2.55 |
| Net Worth | 82.53 | 80.74 | 77.68 | |
| Total Borrowing | 6.89 | 4.33 | 0.04 | |
| Amount in ₹ Crore | ||||
The table below is live update of Right Issue bidding details from NSE and BSE.
Ashapuri Gold Ornament Right Issue Offer Document (Letter of Offer) >>Document
Ashapuri Gold Ornament Right Issue Offer Document (Letter of Offer) >>Ashapuri Gold Ornament Right Issue Red Herring Prospectus is not yet available.
Ashapuri Gold Ornament Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Ashapuri Gold Ornament Right Issue Online Application (Registrar & Transfer Agent) >>Ashapuri Gold Ornament Right Issue RTA information is not yet available.
Last Updated on 2024-05-02T01:32:44+00:00
