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ASL Industries IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 9.80 Cr. The company is based in Kolkata and caters to Automobile - Forging And Casting sector. Guiness Corporate Advisors is the merchant banker of ASL Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th March 2017.
ASL Industries IPO open date is 31st March 2017 and close date is 7th April 2017. IPO Allotment Date is 30th November -0001 and Listing date is 18th April 2017.
IPO
Size:
₹ 9.80 Cr.
Avg IPO Size (Sector Based)
: ₹
19.87 cr.
Sector: Automobile - Forging And Casting
SME
IPO so far:
8
Merchant Banker:
Guiness Corporate
SME
IPO by BRLM so far:
47
City:
Kolkata
SME
IPO so far:
75
Revenue (annualised):
₹
56.64
cr. 
PE
Ratio:
140.00x
Average Sector PE Ratio: 18.11x
ASL Industries IPO size is ₹ 9.80 Cr. with IPO price of ₹ 35.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Guiness Corporate Advisors Private Limited is the book-running lead manager of the ASL Industries IPO. Kfin Technologies Limited is the Registrar and Market Maker is Guiness Securities Limited for ASL Industries IPO.
ASL Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
ASL Industries IPO, based in Kolkata, operates in the Automobile - Forging And Casting sector with a focus on business of manufacturing of forged products and press shop for sheet metal products. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. ASL Industries IPO size is ₹ 9.80 Cr. with fresh issue size of ₹ 10 and Offer for sale being ₹ Nil
The IPO allotment date for ASL Industries IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check ASL Industries IPO allotment status on the registrars website, Kfin Technologies Limited . ASL Industries IPO refund dates are 30th November -0001.
ASL Industries IPO is expected to be listed on 18th April 2017.
The upper price band for the ASL Industries IPO is set at ₹ 35.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on ASL Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the ASL Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th April 2017. After submission, funds are blocked until the basis of allotment of ASL Industries IPO is finalised.
The merchant banker for ASL Industries IPO is Guiness Corporate Advisors Private Limited . Guiness Corporate Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the ASL Industries IPO RHP for further details.
The registrar for ASL Industries IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to ASL Industries IPO through their official website or helpline.
ASL Industries IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 9.80 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.87 Cr.
Sector: Automobile - Forging And Casting
SME
IPO so far:
8
Merchant Banker:
Guiness Corporate
SME
IPO by BRLM so far:
47
City:
Kolkata
SME
IPO so far:
75
Revenue (annualised):
₹ 56.52 cr.
PE
Ratio:
140.00x
Average Sector PE Ratio: 18.11x
ASL Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on ASL Industries Financial Review Page
Merchant Banker(s) of ASL Industries IPO: Guiness Corporate Advisors Private Limited
ASL Industries IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
ASL Industries IPO listed at a listing price of 35.05 against the offer price of 35.00.
The current market price of ASL Industries is 48.45.
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