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About Ashnisha Industries Ltd
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Ashnisha Industries Limited (formerly known as Ashnisha Alloys Limited) was incorporated on July 27, 2009. The Company name was changed from `Ashnisha Alloys Limited` to `Ashnisha Industries Limited` on August 8, 2017. The Company is engaged in the business of trading of various steel products, Trading of goods. In 2017-18, the National Company Law Tribunal (NCLT), Ahmedabad Bench sanctioned the Scheme for Demerger of Trading and Investment Business of Lesha Industries Limited and vesting the same into then Company, Ashnisha Alloys Private Limited vide its order dated May 29, 2017. Pursuant to the Scheme, Trading & Investment business of the Company was transferred to Ashnisha Alloys Private Limited. In consideration, the Company issued and allotted 30,18,764 new Equity Shares of Rs. 10/- each to the shareholders of Lesha Industries Limited in the ratio of 8 new Equity Share of the Company for every 25 Equity Shares held by the shareholders in Lesha Industries Limited on 18.08.2017. The Company acquired 20,50,000 (46.49%) equity shares of EZI Ventures Pvt. Ltd. which together with existing holding of 8,00,000 (18.14%) equity shares tantamount to holding 28,50,000 (64.63%) equity shares of EZI Ventures Pvt. Ltd. Subsequent to the said acquisition, EZI Ventures Pvt. Ltd. became a subsidiary of the Company in 2018-19. The Company, during the year 2024-25 has entered into agreements with UGVCL (Uttar Gujarat Vij Company Limited), the distribution company and GETCO (Gujarat Energy Transmission Corporation Limited), the transmission company. In addition to that, the Company also received approval from necessary Government authorities and currently, the project status is under process.
Ashnisha Industries share price as on 05 Dec 2025 is Rs. 3.19. Over the past 6 months, the Ashnisha Industries share price has decreased by 0.93% and in the last one year, it has decreased by 27.83%. The 52-week low for Ashnisha Industries share price was Rs. 2.57 and 52-week high was Rs. 4.94.
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Ashnisha Industries Ltd FAQs
You can buy Ashnisha Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ashnisha Industries Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 10:09 AM the closing price of Ashnisha Industries Ltd was Rs.3.19.
The latest PE ratio of Ashnisha Industries Ltd as of Dec 05, 2025 10:09 AM is 320.00
The latest PB ratio of Ashnisha Industries Ltd as of Dec 05, 2025 10:09 AM is 0.77
The 52-week high of Ashnisha Industries Ltd share price is Rs. 4.94 while the 52-week low is Rs. 2.57
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 10:09 AM, the market cap of Ashnisha Industries Ltd stood at Rs. 84.57 Cr.
Market Outlook
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