m.Stock by Mirae AssetOpen Demat Account
m.Stock by Mirae Asset

IPO Asha Resins Ltd

  • Pre Issue Shares

    91,50,000

  • No. of Shares Issued

    32,88,000

  • Pre Issue Equity Amt.

    ₹9.15 Cr

  • DP Filling Date

    30 September 2024

Asha Resins Ltd IPO Timeline

Asha Resins Limited was originally incorporated as a Private Limited Company under the name of 'Asha Resins Private Limited' on August 20, 1993. Thereafter, Company was converted from Private Limited to Public Limited , and the name of the Company was changed to 'Asha Resins Limited' vide fresh Certificate of Incorporation dated September 18, 2024, issued by the Registrar of Companies, Pune, Maharashtra.

Asha Resins Ltd IPO Details

Asha Resins Ltd IPO Date-
Asha Resins Ltd IPO Face Value-
Asha Resins Ltd IPO Price-
Asha Resins Ltd IPO Lot Size-
Issue Size-
Fresh Issue-
Offer for Sale-
Issue Type-
Listing At-
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersKiran Mohanlal Karnawat, Asha Mohanlal Karnavat, Seema Kiran Karnawat

Company Financials

Asha Resins Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202418.32173.73
03-202314.0119.362.14
03-202213.2716.291.78
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding of capital expenditure towards civil construction work in the existing premises of factory
  • Funding of capital expenditure towards installation of additional plant and machinery in the existing corporate purposes
  • General corporate purposes

Asha Resins Ltd IPO Prospectus

Asha Resins Ltd IPO Listing Date

BSE Script -
NSE Symbol-
Listing In-
Face Value10

Company Contact Information

Asha Resins Ltd
Gat No.227/2 A/P DhanoreKhed Taluka,Pune-412105
Phone: +91-94042 42201
Email: cs@asharesins.com
Website: https://www.asharesins.com

Asha Resins Ltd IPO Registrar

Phone:+91 44 40020700/28460390;
Email: investor@cameoindia.com
Website: www.cameoindia.com

Asha Resins Ltd IPO Lead Manager(s)

  1. Hem Securities Ltd