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Ashapuri Gold Ornament Ltd FPO

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.

₹81 - ₹81Open
Listed Price75.00
Listing Gain-7.41%
TimelineFixed Price IPO
Open13 Mar 2021
Close18 Mar 2021
Allotment22 Mar 2021
Listing27 Mar 2021

Quota Reservation Portions

Market MakerPortion: 2,98,000 shares
5.18%
HNIPortion: 27,26,000 shares
47.41%
RetailPortion: 27,26,000 shares
47.41%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,02,000
HNI2 lots / 4,000 shares
₹2,04,000

About the Company

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.

Company Promoters

Mr. Saremal SoniMr. Dinesh SoniMr. Jitendra Soni