3/03/2021 11:21:09 AM | Source: Dion Global Solutions Ltd
Ashapuri Gold Ornam announces launch of initial public offering
| Ashapuri Gold Ornament Ltd. has announced public offering of 3705600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 71.00 per share. The gross proceeds of the issue are expected to be Rs 3,001.54 lakhs. The company's initial public offer (IPO) will open on 03 March 2021 and is expected to close on 08 March 2021, subject to customary closing conditions. The IPO includes a fresh Issue of 3705600 Equity Shares of the Company at an price of Rs 81.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600. Ashapuri Gold Ornament Ltd. anticipates using the proceeds of the issue for Establishment of Jewellery manufacturing Unit Meeting working capital requirements General corporate purposes. Mehta Integrated Finance Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue. |
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
75% Indians believe their personal care routines imp...
Bajaj Finserv Flexi Cap Fund Crosses Rs 5,400 Crore ...
India-US tariff stalemate likely to be resolved in 8...
Kerala a bridge between India and Europe: CM Pinaray...
Perspective on US Fed rate cut by Dr. Vikas Gupta, C...
Perspective on US Fed rate cut by Mr. Vinit Bolinjka...
Perspective on Fed Announcement by Siddharth Chaudha...
Public sector insurers post 15 pc premium growth at ...
Views on US FOMC announcement by Nachiketa Sawrikar,...
Avantel gains on bagging purchase order worth Rs 12....
