Asian Granito Rights Issue 2022, Price, Ratio & Allotment Details

Asian Granito Rights issue 2022

Asian Granito Rights issue 2022 Date will be open from 25 April 2022 to 10 May 2022. The company has set a record date of the rights issue on 12 April 2022. The company will offer 6,99,93,682 Shares through this rights issue and through this issue and the company will collect ₹440.96 Crores. and the company Asian Granito Rights Issue Price of this issue has been announced at ₹63 per share as per the face value of ₹10.

Asian Granito India Ltd. has emerged as one of the largest ceramic companies of India engaged in the business of manufacturing tiles, vitrified and ceramic, and cater to an consumers through a range of products at various price points including polished, double charged, glazed, unglazed, rustic, matt, homogenous and non-homogeneous body, etc. The Company also manufactures engineered marble and quartz stone with varied thickness, design, shape and colour range to cater to the middle to uppermiddle segment.

The Company along with its subsidiaries, own 5 manufacturing facilities at multiple locations in the state of Gujarat. Our strategic location enables us to procure key raw materials from the quarries in Rajasthan at cheaper costs. All the units have a combined installed production capacity of 2, 24, 26,500 square meter as on February 15, 2022.

Read also:- Share Buyback 2022 List

The Company operations internationally to countries including China, Israel, United States of America, Germany, Spain, Italy, Korea, Thailand, Myanmar, Canada, Indonesia, Australia, Bangladesh, Vietnam, Brazil, GCC Countries, Kenya, etc. Apart from manufacturing products for our dealers and distributors, we are also selling to builders, government supplies, project customers and overseas customers

Objects Of the Issue :

  • Funding the capital expenditure for setting up of new manufacturing units under the following newly incorporated wholly owned subsidiaries of the Company.
  • Funding the working capital requirements of the Proposed Projects, post commencement of commercial production.
  • Funding the capital expenditure for setting up of display centre to showcase our entire range of products and capabilities.
  • General corporate purposes.

Asian Granito Rights issue Review :

■ Apply for Long Term

Asian Granito Rights issue Date & Price Details :

Issue Open :25 April 2022
Issue Close :10 May 2022
Record Date :12 April 2022
Issue Size :₹440.96 Cr
Face Value :₹10 Rs. Equity Share
Price Band :₹63 Per Share
Listing On :BSE, NSE
Issue Shares Offer :6,99,93,682
Ratio :37:30
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Asian Granito Rights issue Date :

Bid Open Date :25 April 2022
Bid Close Date :10 May 2022
Record Date :12 April 2022
Allotment Date :Update Soon
Share Credit Date :Update Soon
Listing Date :Update Soon

Asian Granito Financial Report (Cr):

YearRevenueExpenseP&L
2021₹1036.54₹970.68₹49.22
2020₹1016.89₹979.84₹29.56
2019₹1005.93₹993.88₹7.31
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How to apply Asian Granito Rights Issue :

  • Visit the registrar’s website
  • Go to the ‘Rights Issue’ section
  • Select Asian Granito Rights Issue from the dropdown.
  • Enter Demat Account Number.
  • Fill the online application form.
  • Validate and submit the application.

Quick link :

■ Letter Of Offer
■ Application Form

Asian Granito Rights Issue Lead Manager :

Pantomath Capital Advisors Private Limited
406-408, Keshava Premises, Bandra Kurla Complex,
Bandra East Mumbai – 400 051
Tel: +91 22 6194 6700
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.pantomathgroup.com

Asian Granito Rights Issue Registrar :

Link Intime India Private Limited
C-101, 247 Park, Lal Bahadur Shastri (LBS) Marg,
Vikhroli (West) Mumbai – 400 083 Maharashtra, India
Telephone: +91 22 4918 6200
Email: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in

Company Address :

Asian Granito India Limited
202, Dev Arc, Opposite Iskon Tample,
Ahmedabad, Gujarat-380059, India
Tel: 079 – 66125500
Email: [email protected]
Website: www.asiangranito.com

Asian Granito Rights Issue 2022 FAQs :

What is Asian Granito Rights Issue Open Date?
Asian Granito Rights Issue 2022 Open date is 25 April 2022.

What is Asian Granito Rights Issue Close Date?
Asian Granito Rights Issue 2022 Close date is 10 May June 2022.

When is Asian Granito Rights Issue Record Date?
Asian Granito Rights Issue 2022 record date is 12 April 2022.

What is N Asian Granito Rights Issue Price?
The company has fixed the price at ₹63 per share.

What is Asian Granito Rights Issue Size?
The company Asian Granito Rights Issue Size is ₹440.96 Cr.

What is Asian Granito Rights Issue Ratio?
The company has fixed the ratio Of 37:30.

How to apply for Asian Granito Rights Issue 2022?
You can apply for the Asian Granito Rights Issue in two ways:

1 – Net Banking (ASBA) 2 – Registrar’s Website


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Asian Granito Rights Issue 2022, Price, Ratio & Allotment Details
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