Asha Resins IPO Details
SME
Asha Resins IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
Pre-issue shareholding stands at 91,50,000, which will increase to 1,24,38,000 post-issue.
The Lead Managers for Asha Resins IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Asha Resins Limited DRHP.
Asha Resins IPO Details
Asha Resins IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Asha Resins IPO Reservation
Promoter Holding
Documents
Asha Resins IPO Valuations
Asha Resins Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 18.32 | 14.01 | 13.27 |
| Total Income | 17 | 19.36 | 16.29 |
| Profit After Tax | 3.73 | 2.14 | 1.78 |
| Net Worth | 14.16 | 10.43 | 8.29 |
| Reserves and Surplus | 14.01 | 10.28 | 8.14 |
| Total Borrowing | 0.06 | ||
| Amount in ₹ Crore | |||
About Asha Resins IPO
Incorporated in August 1993, Asha Resins Limited manufactures a range of water and wastewater treatment chemicals, including ion exchange resins, biocides, dispersants, polyelectrolytes, and various cleaning and treatment chemicals for sugar processing, RO, and fuel additives.
The company produces sugar process chemicals like evaporator antiscalant, mill sanitation chemicals, viscosity reducers, scale softeners, and Colour precipitants that enhance efficiency and improve sugar production quality.
The company produces sugar process chemicals like evaporator antiscalant, mill sanitation chemicals, viscosity reducers, scale softeners, and Colour precipitants that enhance efficiency and improve sugar production quality.
The company manufactures and supplies high-quality resin products, catering to a diverse range of industries including construction, automotive, electronics, and furniture.
The company produces sugar process chemicals like evaporator antiscalant, mill sanitation chemicals, viscosity reducers, scale softeners, and Colour precipitants that enhance efficiency and improve sugar production quality.
The company's manufacturing facility is situated in Pune, Maharashtra, and covers 65,000 square feet, with an annual installed capacity of 1560 metric tonnes.
The company holds the ISO 9001:2015 certification for quality management systems from QRO Certification LLP. Our products are marketed under the registered name “ASHAION.”
As of July 31, 2024, the company has 20 full-time employees, including managers.
Competitive Strength:
- It manufactures a wide range of water treatment and industrial chemicals, such as Ion exchange resins, Sugar process chemicals, and Biocide chemicals.
- In-house manufacturing facility with quality control mechanism.
- Long-standing relationship with its Customers.
- Well-qualified and Experienced Management Team.
Strength Of Asha Resins IPO
Risk Of Asha Resins IPO
Objectives Asha Resins IPO
1. Funding of capital expenditure towards civil construction work in the existing premises of factory
2. Funding of capital expenditure towards installation of additional Plant & Machinery in the existing premises of factory
3. General Corporate Purpose
Company Contact Details
Asha Resins Ltd.
Gat No. 227/2
2 A/P Dhanore, Khed
Taluka
Pune, Maharashtra, 412105
Phone: +91-9404242201
Email: cs@asharesins.com
Website: https://www.asharesins.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
To be announced