Agarwal Float Glass India Limited IPO
NSE SMEListed On: Feb 23, 2023 at ₹ 44.0
₹ 252000 /6000 Shares
*Min Investment
10 Feb, 2023
Open Date15 Feb, 2023
Close Date20 Feb, 2023
Allotment Date23 Feb, 2023
Listing DateAgarwal Float Glass India IPO Issue Details
- Issue Price ₹42 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,190,000 shares of ₹10(aggregating up to ₹9.20 Cr)
- Listing at NSE SME
- List Price 44.0
- Listing Date 2023-02-23
- Lead Manager GYR Capital Advisors Limited
- Registrar KFin Technologies Limited
Agarwal Float Glass India IPO Details
- Retail Portion N/A
Agarwal Float Glass India IPO Details
Agarwal Float Glass India Limited IPO is an SME IPO, priced at ₹42 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Feb 10, 2023 to Feb 15, 2023. The allotment is expected to be finalized on Feb 20, 2023, and the tentative listing date is Feb 23, 2023.
The registrar of the IPO is KFin Technologies Limited, and
Agarwal Float Glass India IPO Subscription Analysis And 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
Agarwal Float Glass India Company Financials
| 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 Agarwal Float Glass India 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)
Uma Shankar Agarwal
Mahesh Kumar Agarwal
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : %
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. You can track the real-time subscription numbers using the links below:
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 Agarwal Float Glass India Limited IPO price band is set between ₹42 per equity share.
Ans. To apply for Agarwal Float Glass India Limited 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 Agarwal Float Glass India Limited IPO allotment status online.
