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Right Issue Status: Closed [23rd Sep 2021 to 7th Oct 2021]

Asian Granito India Right Issue

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Asian Granito India Right Issue Review

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NRI Form ⇒

Asian Granito India right issue of 2.25 cr shares worth issue size of Rs. 224.64 Cr opens for subscription from 23 Sep to 7 October 2021. The company issues 19 right equity shares for every 29 fully paid-up equity shares held as on the record date, 9 Sep 2021. The right issue price is Rs. 100 per share and the full amount is payable on the application.

Asian Granito India Right Issue Objective

The key objectives of the right issue are as follows;

  • To make part repayment/pre-payment of the company's secured loans.
  • To meet working capital requirements.
  • General corporate purposes.

Asian Granito India Right Issue Details

Asian Granito India Right Issue details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Asian Granito India Right Issue Details
Asian Granito India Issue Details Values
Category RightIssue
Right Issue Issue Size(Shares) 2,24,64,188 Eq Shares
Right Issue Issue Size(Amount) ₹224.64 Cr
Face Value ₹10 Per Equity Share
Right Issue Issue Price ₹100
Right Issue Record Date 9th Sep 2021
Right Issue Entitlement 19 Equity Share for every 29 fully paid-up equity Shares held on the Record Date
Right Issue Terms of payment The entire amount of Rs.100 per Rights Equity Share is payable on Application.
Listing At BSE, NSE
BSE Code 532888
NSE Code ASIANTILES

Asian Granito India Financials

Past performance and financial results of Asian Granito India.

Asian Granito India financial
Asian Granito India Financials 31-Mar-2021 31-Mar-2020
Total Assets ₹1,367.06 Cr ₹1,259.10 Cr
Total Income ₹1,295.82 Cr ₹1,232.27 Cr
Net Profit/Loss ₹57.60 Cr ₹46.04 Cr

Asian Granito India Right Issue Strengths

  • Wide range of tiles including vitrified and ceramic tiles with diversification across marble and quartz stone products.
  • Strong sales and distribution network across the globe.
  • State-of-the-art manufacturing facilities and in-house R&D division.
  • The experienced managerial team and dedicated employee base.

Asian Granito India Right Issue Threats/Weaknesses

  • Impact of ongoing COVID-19 activities on manufacturing activities, revenues, and business financials performance.
  • A significant amount of working capital requirements to run business operations.
  • Volatility in the price of raw materials may adversely affect company financials and operational performance.

Asian Granito India Right Issue Important Dates

In this section we have covered all important dates related to Asian Granito India 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.

Asian Granito India Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 23rd Sep 2021
Right Issue Issue Close Date 7th Oct 2021
Basis of Allotment Finalisation Date* 19th Oct 2021
Refunds Initiation* 20th Oct 2021
Credit of Shares to Demat Account* 21st Oct 2021
Right Issue Listing Date* 26th Oct 2021

* - Tentative Dates

Asian Granito India Right Issue Offer Document (Letter of Offer) >>Document

Asian Granito India Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

Company Address

Asian Granito India Limited
202, Dev Arc, Opposite Iskon Tample,
Ahmedabad,Gujarat-380059
India
Website: http://www.aglasiangranito.com/
Phone: +91 079 – 66125500
Email: [email protected]

Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: http://www.linkintime.co.in
Phone: +91-22-4918 6270
Email: [email protected]

Lead Manager

  1. Holani Consultants Private limited
  2. BOI Merchant Bankers Ltd
Asian Granito India Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Asian Granito India? Should I apply in Asian Granito India Right Issue?

Last Updated on 2021-10-18T09:52:12+00:00


User Reviews

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5. Amit Kumar 9/20/2021 2:54:44 AM Reply
Asian Granito India RightIssue expected listing gain.
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4. Anup karmakar 9/20/2021 2:54:44 AM Reply
Please confirm Asian Granito India RightIssue GMP (grey market premium) and kostak.
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3. VIJAYAKUMAR DURAIRAJ 9/20/2021 2:54:44 AM Reply
Asian Granito India RightIssue good or bad.
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2. atul kesh 9/20/2021 2:54:44 AM Reply
Asian Granito India RightIssue whether to invest or not.
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1. Mastan 9/20/2021 2:54:44 AM Reply
Asian Granito India RightIssue - CRISIL Rating, Apply or not?.
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