Ashnisha Industries Rights Issue dates 14 October – 11 November 2025.
Established in 2009 and headquartered in Ahmedabad, Ashnisha Industries operates primarily in the manufacturing and trading of steel and steel alloys, along with trading activities related to software, electronics, and IT products. The company has diversified its business across four main segments: steel, electronic and IT products, trading of goods, and investment activities.
Over time, Ashnisha Industries has transitioned from its earlier name, Ashnisha Alloys, to its current identity. For Q1 FY26, revenue stood at INR 0.35 crore, with net profit rising 140% year-on-year to INR 0.12 crore. Financial ratios indicate modest returns, with ROE at 0.28%, and ROCE at 1.23%, reflecting industry challenges. Ashnisha Industries continues to pursue opportunities in both manufacturing and multi-sector trading domains.
Promoters of Ashnisha Industries – Ashok Chinubhai Shah, Shalin Ashok Shah and Leena Ashok Shah
Table of Contents
Ashnisha Industries Rights Issue Details
| Ashnisha Industries Rights Issue Date | 14 October – 11 November 2025 |
| Ashnisha Industries Rights Issue Price | INR 3 per share |
| Issue Size (in Shares) | 16,41,25,000 shares |
| Issue Size (in INR) | INR 49.24 crore |
| Issue Entitlement | 13 equity shares for every 8 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Ashnisha Industries Rights Issue Record Date | 6 October 2025 |
| Face Value | INR 1 per share |
| Listing On | BSE |
Ashnisha Industries Rights Issue Calculation
| Ashnisha Industries Rights Issue Price | INR 3 per share |
| Market Price on Rights Issue Approval | INR 16.32 per share |
| Dilution Factor (X) | 2.63 |
| Fair Value After Dilution at Prevailing Price | INR 2.99 per share |
Ashnisha Industries Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 19.64 | 12.47 | 4.83 |
| Expenses | 19.93 | 12.92 | 8.84 |
| OPM (%) | (1.48) | (3.61) | (83.02) |
| Net Income | 0.90 | 0.96 | 0.17 |
| ROCE (%) | 1.68 | 1.84 | 1.23 |
Ashnisha Industries Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- To Fund Solar Power Project
- To meet working capital requirements
- General corporate purposes
Ashnisha Industries Rights Offer Documents
- Ashnisha Industries Rights Issue Application Form
- Ashnisha Industries Letter of Offer
- Board Meeting Outcome
- Ashnisha Industries Draft Letter of Offer
- Rights Issue in 2024
Ashnisha Industries Rights Issue Dates
| Rights Issue Approval Date | 29 September 2025 |
| Rights Issue Record Date | 6 October 2025 |
| Credit of Rights Entitlement | 7 October 2025 |
| Rights Issue Opening Date | 14 October 2025 |
| Last Date for Market Renunciation | 28 October 2025 |
| Rights Issue Closing Date | 11 November 2025 |
| Finalization of Basis of Allotment | 12 November 2025 |
| Rights Allotment Date | 13 November 2025 |
| Credit Date | 13 November 2025 |
| Listing Date | 14 November 2025 |
Ashnisha Industries Rights Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra, India
Phone: 022-3199 8810 /4961 4132 /4970 0138
Email: [email protected]
Website: www.purvashare.com
Ashnisha Industries Contact Details
ASHNISHA INDUSTRIES LIMITED
7th Floor, Ashoka Chambers, Opp. HCG Hospital
Mithkhali Six Roads, Ahmedabad, Gujarat, 380006
Phone: +079- 26463227
Email: [email protected]
Website: www.ashnisha.in
Ashnisha Industries Rights Offer FAQs
What is the Ashnisha Industries Rights Issue Price?
The issue price is INR 3 per share.
What is the Ashnisha Industries Rights Issue entitlement ratio?
The eligible shareholders are offered 13 equity shares for every 8 equity shares held on the record date.
What is the Ashnisha Industries Rights Issue Record Date?
The Record date is 6 October 2025.
How to Apply in Ashnisha Industries Rights Offer?
The best way to apply in Ashnisha Industries Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.