Ashapuri Gold Ornament Ltd.
 
No. 109 to 112A, 1st Floor Supermall, Nr. Lal Bunglow, C.G.Ro Ahmedabad, Gujarat - 380009
Phone: 26462171

Public Issue of 5750000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 41.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
13/03/201918/03/201951.00 -
Lead Managers Registrar Listed at
FEDEX SECURITIES PRIVATE LIMITED
Bigshare Services Pvt Ltd.
Bharat Tin Works Building,
1st Floor, Opp.Vasant Oasis,, Makwana Road,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 62638299
BSE
Object of the issue

The issue comprises of fresh issue of 57,50,000 Equity Shares by the Company aggregating up to Rs. 2,932.50 Lakhs (“Fresh Issue”).

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:

1. Establishment of jewellery manufacturing unit,
2. Investment in partnership firm,
3. Meeting working capital requirements; and,
4. General corporate purposes.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.78
WORKING CAPITAL REQUIREMENTS18.00
GENERAL CORPORATE EXPS.7.25
MANUFACTURING UNIT SET UP1.50
Investment in partnership firm1.80
TOTAL COST29.33
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES29.33
TOTAL COST29.33
Promoted by

The Promoters of the company are Mr. Saremal Soni , Mr. Dinesh Soni and Mr.Jitendra Soni

1. Mr. Saremal Soni : his aged 73 years, is the Promoter & Chairman Cum Managing director of the company. He has been the Director of the company since 2008. He has studied upto Higher Secondary Education from Rajasthan Higher Secondary Education Board. He has experience of approximately 25 years in the jewellery Industry. He has professional experience around 32 years in field of accounting. He presently looks after the finance & administrative activities of the Company.

Permanent Account Number: ACIPS7253D

Aadhaar Card No.;6961 9162 2089

Driving License: GJ01 20050186527

2. Mr. Dinesh Soni : his aged 40 years, is the Promoter and Managing Director of the company. He was appointed as Managing Director of the Company w.e.f January 01, 2019 He has completed his first year in Commerce from Gujarat University. He has started a Private Limited Company in the year of 2008.under the name and style of M/s. Ashapuri Gold Ornament Pvt. Ltd. He has been instrumental force in formulating and the implementating the business strategies of the company and he is entrusted with the responsibility to look after the manufacturing, Purchase, expansion, overall management and operations of the company.

Permanent Account Number - ACIPS7249B

Aadhaar Card No.: 713188535462

Driving License: GJ01 19970000878

3. Mr.Jitendra Soni : his aged 37 years, is Promoter and Joint Managing Director of the company. He has been appointed as Joint Managing Director of the company w.e.f. January 01, 2019. He holds a Bachelor degree in Commerce from Gujarat University, Ahmedabad. He has more than 20 years of experience in jewellery industry. He also supervises and manages the sales, marketing &human restheces of the company.

Permanent Account Number: AMKPS3030J

Aadhaar Card No.: 203390198365

Driving License: GJ0130094302