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Agarwal Float Glass India Ltd

Agarwal Float Glass India Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹42
₹42
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹42
Based on GMP
Min. Investment
₹126,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
10 Feb 2023
Close Date
15 Feb 2023
Allotment
20 Feb 2023
Listing Date
23 Feb 2023
Exchange
NSE SME
Price Band
₹42
Listing Price
See chart
Allotment Status
Price Band
₹42
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
21,90,000 shares (aggregating up to ₹9.20 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹126,000
1 lot
Pre-IPO Holding
50,53,488 shares
Promoters
Post-IPO Holding
72,43,488 shares
Promoters
P/E (Pre)
5.68x
 
UPI Deadline
2023-02-15
Mandate
Anchor AllotmentThu, 09 Feb 2023
Basis of AllotmentMon, 20 Feb 2023
Refund InitiationTue, 21 Feb 2023
Demat CreditWed, 22 Feb 2023
Listing DayThu, 23 Feb 2023
UPI Mandate Deadline2023-02-15
Sale TypeFresh Capital
Net Offer to Public20,76,000 shares (aggregating up to ₹8.72 Cr)
Market Maker Quota1,14,000 shares (aggregating up to ₹0.4788 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Agarwal Float Glass India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 Feb 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
114,000
₹0.48
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,190,000
100% ₹9.20
IPO Shares Offered
Agarwal Float Glass India Ltd IPO total issue size: ₹9.20 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 114,000 ₹0.48
5.21%
Total 2,190,000 ₹9.20
100.00%
* Based on upper price band ₹42 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹42.00
Upper Band
Min Investment
₹126,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹252,000
Retail (Max — 13 Lots)1339,000₹1,638,000
S-HNI (Min — 14 Lots)1442,000₹1,764,000
B-HNI (Min — 68 Lots)68204,000₹8,568,000
* Issue Price ₹42 × Lot Size 3,000 shares
IPO Schedule
Anchor
09 Feb 2023
✓ Done
IPO Open
10 Feb 2023
✓ Done
IPO Close
15 Feb 2023
✓ Done
Allotment
20 Feb 2023
✓ Done
Refunds
21 Feb 2023
✓ Done
Demat Credit
22 Feb 2023
✓ Done
Listing Day
23 Feb 2023
✓ Done
Agarwal Float Glass India Ltd — Live Price LIVE
₹42.00
INR · NSE
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Issue ₹42.00 Live Price
About Agarwal Float Glass India Ltd
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.Alongside trading of glass, the entity also offers processed glass including:Toughened glassFrosted glassFrosted design glassLeaguered glass, figure glassHeat-strengthened glassInsulated glassPVB laminated glassBullet-resistant glass and all building glassesAgarwal 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.
Objects of the Issue
1
Funding the working capital requirements of the company
2
General Corporate Purposes
Agarwal Float Glass India Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹3,188.1
31-Mar-21
₹4,216.9
31-Mar-22
₹2,369.0
30-Sep-22
Profit After Tax (PAT)
₹24.7
31-Mar-21
₹101.7
31-Mar-22
₹267.8
30-Sep-22
Particulars30-Sep-2231-Mar-2231-Mar-21
Revenue from Operations 2369.04 4216.90 3188.13
EBITDA N/A N/A N/A
Profit After Tax (PAT) 267.75 101.68 24.73
Net Worth 595.43 327.68 226.02
Total Assets 2177.31 1761.79 1811.87
Reserves & Surplus 393.29 125.54 23.88
Borrowings 1167.91 1141.78 1175.30
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered21,90,000 (100.00%)
Net Offer to Public20,76,000 shares (aggregating up to ₹8.72 Cr)
Reserved for Market Maker1,14,000 shares (aggregating up to ₹0.4788 Cr)
Pre-Issue Promoter Holding50,53,488 shares
Post-Issue Promoter Holding72,43,488 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Agarwal Float Glass India Ltd IPO subscribed?

Agarwal Float Glass India Ltd IPO is subscribed 1.00 times by Feb 15, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Agarwal Float Glass India Ltd IPO retail subscription status?

The Agarwal Float Glass India Ltd IPO retail category is subscribed 1.00 times as of 15 Feb 2023. The retail portion is oversubscribed.

How to subscribe Agarwal Float Glass India Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 10 Feb 2023 and closes 15 Feb 2023. Min investment: ₹126,000 (1 lot = 3,000 shares). UPI mandate: 2023-02-15.

How many times Agarwal Float Glass India Ltd IPO subscribed?

The Agarwal Float Glass India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Agarwal Float Glass India Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 20 Feb 2023. Refunds: on 21 Feb 2023.

When Agarwal Float Glass India Ltd IPO will be listed?

The Agarwal Float Glass India Ltd IPO listing date is 23 Feb 2023, Thursday. Listed on: NSE SME. Issue price: ₹42. Estimated listing: ₹42. GMP: NIL.

When Agarwal Float Glass India Ltd IPO close?

The Agarwal Float Glass India Ltd IPO closes on 15 Feb 2023, Wednesday. UPI mandate: 2023-02-15. Allotment: 20 Feb 2023. Listing: 23 Feb 2023.