Agarwal Float Glass India Limited IPO
NSE SMEListed On: Feb 23, 2023 at ₹ 44.0
₹ 126000 /3000 Shares
Check AllotmentAgarwal Float Glass India IPO Details
10 Feb, 2023
Open Date15 Feb, 2023
Close Date20 Feb, 2023
Allotment Date23 Feb, 2023
Listing DateIssue Price
₹42 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
KFin Technologies LimitedList Price
44.0Listing Date
2023-02-23Market Lot
3000 Shares (₹126,000/-)Lead Manager
GYR Capital Advisors LimitedIssue Size
2,190,000 shares of ₹10(aggregating up to ₹9.20 Cr)Retail Portion
N/ASubscription
5.16 timesAgarwal Float Glass India IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,038,000 | 1,038,000 | 2,076,000 |
| Day 1 - 10-02-23 06:00 PM | 0.97 x | 0.90 x | 0.94 x |
| Day 2 - 13-02-23 06:00 PM | 1.23 x | 2.63 x | 1.93 x |
| Day 3 - 14-02-23 06:00 PM | 1.41 x | 3.52 x | 2.47 x |
| Day 4 - 15-02-23 06:00 PM | 3.13 x | 7.20 x | 5.16 x |
Agarwal Float Glass India Valuations
Earnings Per Share (EPS)
₹5.03/-P/E Ratio
N/ARoNW
31.00%Net Asset Value (NAV) - Post Issue
₹16.20/-Agarwal Float Glass India Company Financials All values are in ₹ Lakh
| 30-Sep-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 2177.31 | 1761.79 | 1811.87 | 1767.31 |
| Revenue | 2369.04 | 4216.91 | 3188.13 | 3227.43 |
| Profit After Tax | 267.75 | 101.68 | 24.73 | 8.83 |
About The Company
Incorporated in 2018, Agarwal Float Glass India Limited is engaged in the business of trading of glass and specialized glass products. The company procures quality products from manufacturers and thereafter sells the same through the sales managers or directly to customers, as a wholesaler of glass and glass products.
The company is a crucial part of the Agarwal Group. The Group was set up by Uma Shankar Agarwal and Mahesh Kumar Agarwal in 1997 for trading ;in glass and glass products.
The products of Agarwal Float Glass India are delivered across the country. Their products are utilized in varied areas like office buildings, hotels, institutions, banks, insurance companies, shopping malls, diplomatic residences, and many others as per suitability. The product portfolio ranges between clear glass, different kinds of value-added glass products and processed glass products, of varying thicknesses.
Agarwal Float Glass India Limited is highly dependent on suppliers and distributors. These suppliers include Saint-Gobain India Private Limited, Sisecam Flat Glass India Private Limited, Gold Plus Glass Industry Limited, Asahi India Glass Limited, and Gujarat Guardian Limited. With the help of strong associations, the company is able to deliver high quality products and satisfy the requirements of its customers.
Agarwal Float Glass India - Promoter(s)
Pre Issue Share Holding: 99.99%
Post Issue Share Holding: %
Company Promoter(s)
- Uma Shankar Agarwal
- Mahesh Kumar Agarwal
Agarwal Float Glass India IPO - Issue Objectives
- Funding the working capital requirements of the company
- General Corporate Purposes
Agarwal Float Glass India IPO - FAQs
Ans. Agarwal Float Glass India Limited IPO is a SME IPO. The issue is priced at ₹42 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Feb 10, 2023, and closes on Feb 15, 2023. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Agarwal Float Glass India Limited IPO opens on Feb 10, 2023 and closes on Feb 15, 2023.
Ans. The size of Agarwal Float Glass India Limited IPO is 2,190,000 shares of ₹10(aggregating up to ₹9.20 Cr).
Ans. The IPO price band is set between ₹42 per equity share.
Ans. To apply for Agarwal Float Glass India Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Agarwal Float Glass India Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Agarwal Float Glass India Limited IPO is Feb 20, 2023.
Ans. The Agarwal Float Glass India Limited IPO will be listed on Feb 23, 2023.
Ans. Follow the steps to check the allotment status for Agarwal Float Glass India Limited IPO here.
