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* - Tentative Dates
The company proposes to utilize the Net Proceeds to:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 90.71 | 87.42 | 80.28 | |
| Revenue | 154.14 | 163.96 | 117.64 | |
| Profit After Tax | 7.43 | 1.79 | 3.07 | 2.55 |
| Net Worth | 89.96 | 82.53 | 80.74 | 77.68 |
| Total Borrowing | 1.76 | 6.89 | 4.33 | 0.04 |
| Amount in ₹ Crore | ||||
Ashapuri Gold Ornament Limited was established in 2008 and was initially involved in the wholesale of jewellery until March 2019. Subsequently, the company shifted its focus to manufacturing jewellery on a job-work basis, using its own or third-party designs. However, the company has now started in-house manufacturing of jewellery to reduce its dependence on third-party vendors. The company designs and manufactures jewellery in-house will allows for better management and coordination of labour and materials, improved utilization of lab personnel, better inventory management, and better quality control of the finished products.
The company is involved in the design, manufacturing, and distribution of a wide range of jewellery products that include gold, studded, and other jewellery items that are available in various price ranges. The product range encompasses wedding jewellery, festival jewellery, necklaces, rings, earrings, nose rings/studs, waist belts, mangalsutra, anklets, zuda, toe rings, pendant sets/pendants, bracelets, and bangles. To keep up with the latest trends in the market and to cater to the needs of the customers, the company constantly endeavors to develop new jewellery designs and themes.
