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Ashapuri Gold Ornament IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Jewellery sector. Fedex Securities is the merchant banker of Ashapuri Gold Ornament IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 6th February 2019.
Ashapuri Gold Ornament IPO open date is 13th March 2019 and close date is 18th March 2019. IPO Allotment Date is 22nd March 2019 and Listing date is 27th March 2019.
IPO
Size:
₹ 29.33 Cr.
Avg IPO Size (Sector Based)
: ₹
14.93 cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
Fedex Securities
SME
IPO by BRLM so far:
44
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹
74.27
cr. 
PE
Ratio:
221.00x
Average Sector PE Ratio: 25.29x
Ashapuri Gold Ornament IPO size is ₹ 29.33 Cr. with IPO price of ₹ 51.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fedex Securities Private Limited is the book-running lead manager of the Ashapuri Gold Ornament IPO. Bigshare Services Private Limited is the Registrar and Market Maker is NNM Securities Private Limited for Ashapuri Gold Ornament IPO.
Ashapuri Gold Ornament IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ashapuri Gold Ornament IPO, based in Ahmedabad, operates in the Jewellery sector with a focus on Wholesale trading of jewelry. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Ashapuri Gold Ornament IPO size is ₹ 29.33 Cr. with fresh issue size of ₹ 29.33 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Ashapuri Gold Ornament IPO is expected to be 22nd March 2019, after the finalization of basis of allotment. Investors can check Ashapuri Gold Ornament IPO allotment status on the registrars website, Bigshare Services Private Limited. Ashapuri Gold Ornament IPO refund dates are 25th March 2019.
Ashapuri Gold Ornament IPO is expected to be listed on 27th March 2019.
The upper price band for the Ashapuri Gold Ornament IPO is set at ₹ 51.00 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 Ashapuri Gold Ornament 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 Ashapuri Gold Ornament 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 18th March 2019. After submission, funds are blocked until the basis of allotment of Ashapuri Gold Ornament IPO is finalised.
The merchant banker for Ashapuri Gold Ornament IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ashapuri Gold Ornament IPO RHP for further details.
The registrar for Ashapuri Gold Ornament IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Ashapuri Gold Ornament IPO through their official website or helpline.
Ashapuri Gold Ornament IPO was subscribed 1.16 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 29.33 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.93 Cr.
Sector: Jewellery
SME
IPO so far:
41
Merchant Banker:
Fedex Securities
SME
IPO by BRLM so far:
44
City:
Ahmedabad
SME
IPO so far:
174
Revenue (annualised):
₹ 74.25 cr.
PE
Ratio:
221.00x
Average Sector PE Ratio: 25.29x
Ashapuri Gold Ornament IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ashapuri Gold Ornament Financial Review Page
Merchant Banker(s) of Ashapuri Gold Ornament IPO: Fedex Securities Private Limited
Ashapuri Gold Ornament IPO subscription was 1.16 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.
Ashapuri Gold Ornament IPO listed at a listing price of 51.00 against the offer price of 51.00.
The current market price of Ashapuri Gold Ornament is 6.61.
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