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Open
26 Jul 2007
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Close
31 Jul 2007
3
Allotment
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Listing
Thu, Aug 23, 2007
Price Band
₹85 to ₹102
Issue Size
70,00,000 shares (agg. up to ₹68 Cr)
Lot Size
60 Shares
Listing Date
Thu, Aug 23, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.18x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of a wall tile unit | 48.69 |
| 2 | Modernisation and expansion of existing vitrified tile manufacturing unit | 12.68 |
| 3 | General Corporate Purposes; | 1.22 |
| 4 | Issue Expenditure | 5.32 |
About Asian Granito IPO
Incorporated in 2003, Asian Granito India Limited (AGIL) is in the business of manufacturing vitrified tiles. Asian Granito's products include glazed, unglazed, rustic, matte, homogenous and non-homogenous body, water jet cutting, tailor made designs or customized tiles. Asian Granito's manufacturing plants is located in Himmatnagar, Gujarat.Asian Granito is one of the largest ISO 9001 Certified vitrified tiles manufacturers in India. AGIL has two state-of-the-art manufacturing plants, technically collaborated with SACMI, ITALY, the world class leader in ceramic technology. AGIL has extensive network of business associates, 250 distributors, more then 3500 retail counters and 19 depots in all over India. The company has won 20 best display awards till date.AGIL's subsidiary, Asian Tiles Ltd, manufacturer of ceramic floor tiles, has a manufacturing plant at Jawanpura, Gujarat. It has manufacturing capacity of 7000 square meters per day.+ Read More
Contact Details
Asian Granito India Ltd. AddressCity Mall, 2nd Floor, Beside Rajpath ClubSarkhej Gandhinagar Highway RoadAhmedabad, Gujarat, 380054+91 79 3291 9687ipo@asiangranito.comVisit Website