Ashapuri Gold Ornament Ltd

Ashapuri Gold Ornament Ltd (542579)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-14.69 %
3 Month Return-31.84 %
1 Year Return15.73 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 458
Rank 463
Rank 529
Dividend Yield
Rank 186
Rank 385
Price To Book Ratio
Rank 353
Debt To Asset
Rank 529

Company Information

Ashapuri Gold Ornament Limited was originally incorporated as a private limited company with the name Ashapuri Gold Ornament Private Limited on June 17 2008. Subsequently the Company was converted in to a public limited Company pursuant to a special resolution passed by the shareholders at the EGM held on January 09 2019 and consequently the name of the Company was changed to Ashapuri Gold Ornament Limited on January 23 2019. Mr. Dinesh Soni and Mr. Jitendra Soniwere the subscribers to the MOA. Subsequently Mr. Saremal Soni joined the Company as a Director at the end of the year 2008. The Company had started its operation from Manek chowk Ahmedabad a market known for bullion and Jewellery trading. Later on various jewelers have started their operationsfrom C.G Road Ahmedabad. In order to remain in line with other Jewelers the Company had shifted the operations in the year 2011 from Manek chowk Ahmedabad to 109 to 112A 1st Floor Supermall Nr. Lal Bunglow C.G. Road Ahmedabad 380009 in large space having 2945 Sq. Feet area. The Company is engaged in the business of wholesale trading of Jewellery. The Jewelries are manufactured on Job work basis at Ahmedabad and Rajkot. The Company is well known and trusted wholesaler of gold jewellery supplier having showroom of 2945 sq. feet on prime location of C.G. Road Ahmedabad the newly developed main market for buying Gold and Diamond Jewellery. The design of products is done either in house or by third parties on its behalf and get the Jewelleries manufacturedon job work basis. The Company believes that its track record of almost two decade attracts and signifies customers trust in the quality and purity of their products. Since the system of hallmarking is legally introduced Company deals only in jewellery certified by Hallmark. The Company deals in antique Jewellery too. In addition to the above it is also in the Trading of Gold Jewellery. During the year 201819 the company had entered in to partnership with Mrs. Kiran Soni and Mrs. Alka Jitendra Soni partner of M/s. BlueOnxy Lifestyle carrying on business of Branded Readymade Garments having exclusive showrooms at Ahmedabad Surendranagar Mehsana and Godhara. The company is a major partner in this venture. The promoters have a plan to open multiple chains of showrooms of Branded Readymade Garments over a period of time.
OrganisationAshapuri Gold Ornament Ltd
IndustryDiamond, Gems and Jewellery