
Emerging SME Services · BSE
Incorporated in 2008, Ashapuri Gold Ornament Limited is engaged in the wholesale trading of gold jewellery, offering a wide range of products including rings, nose rings, bangles, earrings, anklets, necklaces, and pendants. The company caters to diverse customer segments through its collection of antique, traditional, bridal, contemporary, and combination jewellery designs. All jewellery sold by Ashapuri is Hallmark certified and manufactured on a job-work basis in Ahmedabad and Rajkot. The company operates from a 2,945 sq. ft. showroom in Ahmedabad. Expanding beyond jewellery, Ashapuri has also partnered with Blue-Onxy Lifestyle to venture into the branded readymade garments business, with plans to open multiple garment showrooms across various cities in Gujarat. As of now, the company has 9 employees on its payroll.
Price Band
₹51
Issue Size
₹29.33 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹51
at current GMP
Subscribed
—
Open
13 Mar 2019
Close
18 Mar 2019
Allotment
25 Mar 2019
Refund
26 Mar 2019
Demat Credit
27 Mar 2019
Listing
27 Mar 2019
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹51
Band: ₹51
Estimated Listing Price
₹51
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,02,000
Estimated Profit / Lot
₹0
2000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹51 |
| 30 Oct 2026 | — | 0.0% | ₹51 |
| 29 Oct 2026 | — | 0.0% | ₹51 |
GMP is unofficial market data. Not a guarantee of listing performance.
Ashapuri Gold Ornament Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹29.33 Crores. The shares are offered at a price band of ₹51 to ₹51 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,02,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-03-27, while un-allotted funds or UPI block mandates will be released on 2019-03-26.
The latest grey market premium for Ashapuri Gold Ornament Limited IPO is ₹0, which indicates an expected listing price of ₹51.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.