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Open
31 Mar to 7 Apr, 2017
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Close
31 Mar to 7 Apr, 2017
3
Allotment
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Listing
Tue, Apr 18, 2017
Price Band
₹35 per share
Issue Size
28,00,000 shares (agg. up to ₹10 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Apr 18, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.49x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Endurance Technologies Ltd. | Mainboard | ₹1,161.73 Cr | ₹472 | null | ₹646.90 | +37.06% | ₹2,763.50 (+0.61%) |
| GNA Axles Ltd. | Mainboard | ₹130.41 Cr | ₹207 | null | ₹245.05 | +18.38% | ₹592.00 (+7.51%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 8.60 |
| 2 | General Corporate Expenses | 0.85 |
| 3 | Issue Expenses | 0.35 |
About ASL Industries IPO
Incorporated in 1992, ASL Industries Ltd is engaged in the business of manufacturing of forged products and press shop for Sheet Metal, Light & Medium Fabrication, Forging and Machined Components, specializing in Assemblies & Sub-Asemblie. Their products have varied applications and are used in various industries like railway, defense and automobile.ASL's existing unit has a machine shop for the rough & finish machining of components, heat treatment facilities, in-house die making facilities, CNC & VMC horizontal and vertical centres, light, medium & heavy fabrication, assembly and sheet metal press shop. They provide metal forming to assembly under one roof along with logistics and just-in-time solutions. They manufactures both standardized as well as customized products as per customer demand and requirement.They are OEMs to many Automobiles Companies like Tata Motors Ltd, York Transport Equipment India Ltd – Pune, Jost India Auto component Pvt Ltd etc and Other Engineering Companies like Tata Steel, and also registered with ICF, DGS&D and DGOS.+ Read More
Contact Details
ASL Industries Ltd. Address7B, Punwani ChambersKiran Shankar Roy RoadKolkata, West Bengal, 700001+91-33-22480150cs@aslindustries.inVisit Website