ASL Industries Ltd IPO


IPO Subscription Details

  • Open Date 31 Mar
  • Close Date 07 Apr
  • Lot Size 4000
  • IPO Size ₹ 9.8 Cr
  • IPO Price Range ₹ 35
  • Min Investment ₹ 140000

IPO Synopsis

Public issue of 28,00,000 equity shares of face value of Rs. 10 each of ASL Industries Ltd (the company ot the issuer) for cash at a price of Rs.35 per equity share (including a share premium of Rs. 25 per equity share) (issue price) aggregating to Rs. 9.80 Crores (the issue), of the issue, 1,44,000 equity shares aggregating to Rs.0.50 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 26,56,000 equity shares of face value of Rs.10 each at an issue price of Rs.35 per equity share aggregating to Rs.9.30 crores is hereinafter to as the net issue. The issue and the net issue will constitute 26.88 % and 25.50%, respectively of the post issue paid up capital of the company. The face value of the equity share is Rs.10 each and the issue price of Rs.35 i.e.3.50 times of the face value.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of ASL Industries Ltd IPO

Contact Information


7B Puwani Chamberskiran,
Shankar Roy Road,
Kolkata, West Bengal 700001

ASL Industries Ltd IPO Lead Manager

Guiness Corporate Advisors Pvt Ltd