Ashapuri Gold Ornament Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

13 Mar 2019

Close Date

18 Mar 2019

Allotment

22 Mar 2019

Listing Date

27 Mar 2019

Exchange

BSE SME

Price Band

₹51

Listing Price

See chart

Allotment Status

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Price Band

₹51

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

57,50,000 shares (aggregating up to ₹29.33 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹102,000

1 lot

Pre-IPO Holding

1,55,43,000 shares

Promoters

Post-IPO Holding

2,12,93,000 shares

Promoters

UPI Deadline

2019-03-18

Mandate

Anchor AllotmentTue, 12 Mar 2019

Basis of AllotmentFri, 22 Mar 2019

Refund InitiationMon, 25 Mar 2019

Demat CreditTue, 26 Mar 2019

Listing DayWed, 27 Mar 2019

UPI Mandate Deadline2019-03-18

Sale TypeFresh Capital

Net Offer to Public54,52,000 shares (aggregating up to ₹27.81 Cr)

Market Maker Quota2,98,000 shares (aggregating up to ₹1.52 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Ashapuri Gold Ornament Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Mar 2019.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	298,000	—	₹1.52
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	5,750,000	100%	₹29.33

IPO Shares Offered

Ashapuri Gold Ornament Ltd. IPO total issue size: ₹29.33 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	298,000	₹1.52	5.18%
Total	5,750,000	₹29.33	100.00%

* Based on upper price band ₹51 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹51.00

Upper Band

Min Investment

₹102,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹204,000
Retail (Max — 13 Lots)	13	26,000	₹1,326,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,428,000
B-HNI (Min — 68 Lots)	68	136,000	₹6,936,000

* Issue Price ₹51 × Lot Size 2,000 shares

IPO Schedule

Anchor

12 Mar 2019

✓ Done

IPO Open

13 Mar 2019

✓ Done

IPO Close

18 Mar 2019

✓ Done

Allotment

22 Mar 2019

✓ Done

Refunds

25 Mar 2019

✓ Done

Demat Credit

26 Mar 2019

✓ Done

Listing Day

27 Mar 2019

✓ Done

₹51.00

INR · BSE

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Issue ₹51.00 Live Price

About Ashapuri Gold Ornament Ltd.

Incorporated in 2008, Ashapuri Gold Ornament Limited is engaged in the business of wholesale trading of gold jewellery. Company's products portfolio includes Ring, Nose Ring, Bangles, Earring, Anklets, Necklace, Pendant etc. They sell antique, traditional, bridal contemporary and combination designs which cater diversified customer segments.The company is having a showroom of 2945 sq. feet in Ahmedabad. The company only sell Hallmark certified jewellery and those are manufactured on Job work basis at Ahmedabad and Rajkot.Ashapuri has also entered into a partnership with Blue-Onxy Lifestyle which carrying business of Branded Readymade Garments. They also have the plan to open multiple chains of showrooms of Readymade Garments over a period of time in various cities across Gujarat.It currently employs 9 employees on its payroll.The competitive strengths of the company are:• More than 10-years of experience• Showrooms at prime locations in Ahmedabad• A wide range of products• Unique and antique designs

Objects of the Issue

1 Establishment of jewellery manufacturing unit

2 Investment in partnership firm

3 Meeting working capital requirements

4 General corporate purposes

Ashapuri Gold Ornament Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹3,729.4

31-Mar-17

₹4,692.9

31-Mar-18

₹4,951.3

30-Nov-18

Profit After Tax (PAT)

₹4.0

31-Mar-17

₹7.3

31-Mar-18

₹31.9

30-Nov-18

Particulars	30-Nov-18	31-Mar-18	31-Mar-17
Revenue from Operations	4951.27	4692.92	3729.42
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	31.85	7.30	3.97
Net Worth	N/A	N/A	N/A
Total Assets	1609.52	1454.00	1557.90
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered57,50,000 (100.00%)

Net Offer to Public54,52,000 shares (aggregating up to ₹27.81 Cr)

Reserved for Market Maker2,98,000 shares (aggregating up to ₹1.52 Cr)

Pre-Issue Promoter Holding1,55,43,000 shares

Post-Issue Promoter Holding2,12,93,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Fedex Securities Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Ashapuri Gold Ornament Ltd. IPO subscribed? ▲

Ashapuri Gold Ornament Ltd. IPO is subscribed 1.00 times by Mar 18, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Ashapuri Gold Ornament Ltd. IPO retail subscription status? ▼

The Ashapuri Gold Ornament Ltd. IPO retail category is subscribed 1.00 times as of 18 Mar 2019. The retail portion is oversubscribed.

How to subscribe Ashapuri Gold Ornament Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 13 Mar 2019 and closes 18 Mar 2019. Min investment: ₹102,000 (1 lot = 2,000 shares). UPI mandate: 2019-03-18.

How many times Ashapuri Gold Ornament Ltd. IPO subscribed? ▼

The Ashapuri Gold Ornament Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ashapuri Gold Ornament Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 22 Mar 2019. Refunds: on 25 Mar 2019.

When Ashapuri Gold Ornament Ltd. IPO will be listed? ▼

The Ashapuri Gold Ornament Ltd. IPO listing date is 27 Mar 2019, Wednesday. Listed on: BSE SME. Issue price: ₹51. Estimated listing: ₹51. GMP: NIL.

When Ashapuri Gold Ornament Ltd. IPO close? ▼

The Ashapuri Gold Ornament Ltd. IPO closes on 18 Mar 2019, Monday. UPI mandate: 2019-03-18. Allotment: 22 Mar 2019. Listing: 27 Mar 2019.

Quick Actions

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Live Price LIVE

Last Price₹51.00

Change—

Issue Price₹51.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹51

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹102,000

GMPNIL

Est. Listing₹51

Subscribed1.00x

Open Date13 Mar 2019

Close Date18 Mar 2019

Allotment22 Mar 2019

Listing Date27 Mar 2019

ExchangeBSE SME

UPI Deadline2019-03-18