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Ashapuri Gold Ornament Ltd Overview
Fundamentals of Ashapuri Gold Ornament Ltd
|P/E Ratio (TTM)||NA|
|Debt to Equity||NA|
Financials of Ashapuri Gold Ornament Ltd
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About Ashapuri Gold Ornament Ltd
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 converte ... d 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 2018-19, the company had entered in to partnership with Mrs. Kiran Soni and Mrs. Alka Jitendra Soni, partner of M/s. Blue-Onxy 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. Read More
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