Ashapuri Gold Ornament Ltd FPO
ListedSMEConsumer Discretionary · BSE
Incorporated in 2008, Ashapuri Gold Ornament Limited is engaged in the wholesale trading of gold jewellery, offering a wide range of products such as rings, nose rings, bangles, earrings, anklets, necklaces and pendants in antique, traditional, bridal, contemporary and combination designs to cater to diverse customer segments. The company operates a 2,945 sq. ft. showroom in Ahmedabad and sells only Hallmark-certified jewellery, which is manufactured on a job-work basis at Ahmedabad and Rajkot. Ashapuri has also entered into a partnership with Blue-Onxy Lifestyle for the branded readymade garments business and plans to open multiple garment showrooms across various cities in Gujarat over time, while currently operating with a workforce of nine employees.
Price Band
₹81
Issue Size
₹29.00 Cr
Lot Size
1600 shares
GMP
—
Est. Listing
₹81
at current GMP
Subscribed
—
Open
13 Mar 2021
Close
18 Mar 2021
Allotment
22 Mar 2021
Refund
23 Mar 2021
Demat Credit
24 Mar 2021
Listing
27 Mar 2021
Last updated 12 days ago
Official Registrar Verification
Ashapuri Gold Ornament Ltd FPO Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
22 Mar 2021
Basis finalization
Refunds Initiate
23 Mar 2021
Mandate release
Demat Credit
24 Mar 2021
Shares in demat
Listing Debut
27 Mar 2021
Trading begins
How to Check Ashapuri Gold Ornament Ltd FPO IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Ashapuri Gold Ornament Ltd FPO from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Ashapuri Gold Ornament Ltd FPO Public Issue & Market Profile
Ashapuri Gold Ornament Ltd FPO is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹29 Crores. The shares are offered at a price band of ₹81 to ₹81 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2021-03-18, the basis of allotment is scheduled to be finalized on 2021-03-22. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.