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Open
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Close
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Allotment
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Listing
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Issue Size
32,88,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 18.32 | 14.01 | 13.27 |
| Total Income | 17.00 | 19.36 | 16.29 |
| Profit After Tax | 3.73 | 2.14 | 1.78 |
| NET Worth | 14.16 | 10.43 | 8.29 |
| Reserves and Surplus | 14.01 | 10.28 | 8.14 |
| Total Borrowing | 0.06 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Devson Catalyst Ltd. | SME | ₹42.34 Cr | ₹118 | 9.66 | ₹205.95 | +74.53% | ₹205.95 (+0.00%) |
| Vahh Chemicals Ltd. | SME | ₹13.45 Cr | ₹60 | 7.15 | ₹66.50 | +10.83% | ₹59.00 (+1.90%) |
| Biopol Chemicals Ltd. | SME | ₹31.26 Cr | ₹108 | 19.73 | ₹105.50 | -2.31% | ₹97.55 (+2.68%) |
| Neochem Bio Solutions Ltd. | SME | ₹44.97 Cr | ₹98 | 15.85 | ₹111.80 | +14.08% | ₹93.40 (+0.43%) |
| Speb Adhesives Ltd. | SME | ₹33.73 Cr | ₹56 | 16.73 | ₹57.00 | +1.79% | ₹89.00 (-1.11%) |
| SK Minerals & Additives Ltd. | SME | ₹41.15 Cr | ₹127 | 10.45 | ₹152.25 | +19.88% | ₹476.55 (+0.03%) |
| Shlokka Dyes Ltd. | SME | ₹57.79 Cr | ₹91 | 13.69 | ₹85.50 | -6.04% | ₹24.00 (+4.12%) |
| Snehaa Organics Ltd. | SME | ₹32.68 Cr | ₹122 | 12.47 | ₹115.90 | -5.00% | ₹47.35 (-4.92%) |
| Renol Polychem Ltd. | SME | ₹25.77 Cr | ₹105 | 11.54 | ₹99.75 | -5.00% | ₹81.20 (-4.97%) |
| Mehul Colours Ltd. | SME | ₹21.66 Cr | ₹72 | 9.87 | ₹86.03 | +19.49% | ₹58.00 (-3.33%) |
| Patel Chem Specialities Ltd. | SME | ₹58.80 Cr | ₹84 | 14.21 | ₹104.50 | +24.40% | ₹93.90 (-0.27%) |
| Sudeep Pharma Ltd. | Mainboard | ₹895.00 Cr | ₹593 | 47.61 | ₹774.15 | +30.55% | ₹883.35 (+4.14%) |
| Gem Aromatics Ltd. | Mainboard | ₹451.25 Cr | ₹325 | 28.52 | ₹319.05 | -1.83% | ₹187.69 (-2.70%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards civil construction work in the existing premises of factory | 6.26 |
| 2 | Funding of capital expenditure towards installation of additional Plant & Machinery in the existing premises of factory | 9.90 |
| 3 | General Corporate Purpose |
About Asha Resins IPO
Incorporated in August 1993, Asha Resins Limited manufactures a range of water and wastewater treatment chemicals, including ion exchange resins, biocides, dispersants, polyelectrolytes, and various cleaning and treatment chemicals for sugar processing, RO, and fuel additives. The company produces sugar process chemicals like evaporator antiscalant, mill sanitation chemicals, viscosity reducers, scale softeners, and Colour precipitants that enhance efficiency and improve sugar production quality. The company produces sugar process chemicals like evaporator antiscalant, mill sanitation chemicals, viscosity reducers, scale softeners, and Colour precipitants that enhance efficiency and improve sugar production quality. The company manufactures and supplies high-quality resin products, catering to a diverse range of industries including construction, automotive, electronics, and furniture. The company produces sugar process chemicals like evaporator antiscalant, mill sanitation chemicals, viscosity reducers, scale softeners, and Colour precipitants that enhance efficiency and improve sugar production quality. The company's manufacturing facility is situated in Pune, Maharashtra, and co
Contact Details
Asha Resins Ltd. AddressGat No. 227/22 A/P Dhanore, KhedTalukaPune, Maharashtra, 412105+91-9404242201cs@asharesins.comVisit Website