
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 2,875,490 | — | 0.00x |
| Non-Institutional (NII / HNI) | 862,647 | — | 0.00x |
| Retail Individual (RII) | 2,012,843 | — | 0.00x |
| Total | 5,750,980 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,006 | 1,006 | 1.00x |
| HNIs (10L +) | 6 | 6 | 1.00x |
| HNIs (2-10L) | 31 | 31 | 1.00x |
| Total Applications | 1,043 | 1,043 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Ashapuri Gold Ornament Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹51 to ₹51 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,02,000. Expected listing price is ₹51 per equity share.
The Ashapuri Gold Ornament Limited IPO aggregate issue size is ₹29.33 Crores with an equity price band set at ₹51 to ₹51 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,02,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2019-03-25. Investors can verify status using PAN card or application number.
Ashapuri Gold Ornament Limited shares are scheduled to list on BSE on 2019-03-27.