IPO DETAILS : Ashapuri Gold Ornament Ltd.


No. 109 to 112A, 1st Floor Supermall, Nr. Lal Bunglow, C.G.Road Ahmedabad, Gujarat - 380009
Phone: 26462171

Public Issue of 3705600 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 71.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
03/03/202108/03/202181.00 -
Lead Managers Registrar Listed at
FEDEX SECURITIES PRIVATE LIMITED
MEHTA INTEGRATED FINANCE LTD.
Bigshare Services Pvt. Ltd.
1st Floor, Bharat Tin works Building,
Opp. Vasant Oasis,, Makwana Road, Marol,
Mumbai, Maharashtra - 400059
Phone: 40430200 Fax: 28475207
BSE
Object of the issue

The issue comprises of fresh issue of 57,50,000 Equity Shares by the Company aggregating up to Rs. 2,932.50 Lakhs (“Fresh Issue”).

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:

1. Establishment of jewellery manufacturing unit,
2. Investment in partnership firm,
3. Meeting working capital requirements; and,
4. General corporate purposes.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.52
WORKING CAPITAL REQUIREMENTS21.25
GENERAL CORPORATE EXPS.7.25
Establishment of Jewellery manufacturing Unit1.00
TOTAL COST30.02
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES30.02
TOTAL COST30.02
Promoted by

The Promoters of the Company's are :

1. Mr. Saremal Soni
2. Mr. Dinesh Soni
3. Mr. Jitendra Soni