Agarwal Toughened Glass IPO is set to open on November 28, 2024, and will close on December 2, 2024. The Agarwal Toughened Glass IPO is a Book Built Issue, aiming to raise approximately ₹62.64 crores. This includes a fresh issue of ₹62.64 crores. The face value of each share is ₹10.
Agarwal Toughened Glass IPO Price band is set between ₹105 to ₹108 per share. The quota allocation is 35% for Retail investors, 50% for Qualified institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). Agarwal Toughened Glass IPO is scheduled to list on NSE on December 5, 2024, with the allotment announcement on December 3, 2024.
The company reported revenue of ₹40.50 crores in 2024, compared to ₹40.60 crores in 2023. It posted a Profit of ₹8.69 crores in 2024, compared to a Profit of ₹0.97 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.
- Agarwal Toughened Glass IPO Details
- Agarwal Toughened Glass IPO Market Lot
- Agarwal Toughened Glass IPO Dates
- About Agarwal Toughened Glass
- Promoters of Agarwal Toughened Glass
- Agarwal Toughened Glass Financial Report
- Key Performance Indicator
- Peer Group Comparison
- Objective of the Issue
- Agarwal Toughened Glass IPO GMP (Grey Market Premium)
- Agarwal Toughened Glass Subscription Status
- Agarwal Toughened Glass Allotment Status
- IPO Registrar
- IPO Lead Managers
- Agarwal Toughened Glass Contact
- FAQs
Agarwal Toughened Glass IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Agarwal Toughened Glass |
| Industry | Glass Manufacturing |
| IPO Issue Type | Book Built Issue |
| Open Date | November 28, 2024 |
| Close Date | December 2, 2024 |
| Total Issue Size | Approx. ₹62.64 Crores |
| Fresh Issue | Approx. ₹62.64 Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹105 to ₹108 Per Share |
| Listing on | NSE SME |
| Lot Size | 1,200 Shares Per Lot |
| Offer for Sale | - |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Agarwal Toughened Glass IPO Market Lot
Agarwal Toughened Glass IPO has minimum lot size of 1,200 Shares, with an amount of ₹129,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,200 | ₹129,600 |
| Retail Maximum | 1 | 1,200 | ₹129,600 |
| S-HNI Minimum | 2 | 2,400 | ₹259,200 |
Agarwal Toughened Glass IPO Dates
| Events | Date |
|---|---|
| IPO Open Date | November 28, 2024 |
| IPO Close Date | December 2, 2024 |
| Basis of Allotment | December 3, 2024 |
| Refunds | December 4, 2024 |
| Credit to Demat Account | December 4, 2024 |
| IPO Listing Date | December 5, 2024 |
About Agarwal Toughened Glass
Incorporated in 2009, Agarwal Toughened Glass India Limited is a high-tech company specializing in toughened glass manufacturing. For over 25 years, they have provided advanced materials and high-performance reflective glasses. Their product range includes toughened glasses in various sizes and thicknesses, such as clear, laminated, reflective, tinted, double-glazing, and frosted options, known for their exceptional safety and strength.
These toughened glasses are used in diverse applications, including passenger vehicle windows, shower doors, architectural glass doors and tables, refrigerator trays, mobile screen protectors, bulletproof glass, diving masks, plates, and cookware. They are also ideal for spaces like shopping malls, doors, facades, staircases, balustrades, hospitals, airports, residential and commercial buildings, offering durability and versatile designs.
In the financial year ending March 31, 2024, the company reported a revenue of ₹4,050.26 lakhs, with a remarkable profit after tax (PAT) growth of 795.66% compared to the previous year.
Promoters of Agarwal Toughened Glass
- Mrs. Anita Agarwal
- Mr. Mahesh kumar Agarwal
- Mrs. Uma Shankar Agarwal
- Mrs. Sharda Agarwal
Agarwal Toughened Glass Financial Report
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 5,707.55 | 5,154.85 | 4,062.32 | 3,620.49 |
| Revenue | 2,349.73 | 4,050.26 | 4,060.32 | 3,471.99 |
| Profit After Tax | 453.92 | 868.52 | 96.97 | 50.18 |
| Net Worth | 2,084.72 | 1,630.80 | 762.28 | 665.31 |
| Reserves and Surplus | 897.22 | 443.30 | 287.28 | 190.31 |
| Total Borrowing | 3,055.39 | 2,924.51 | 2,876.68 | 2,641.92 |
| Amount in ₹ Lakhs | ||||
Key Performance Indicator
Market Capitalization of Agarwal Toughened Glass India IPO is ₹190.89 Cr.
Peer Group Comparison
| Company Name | EPS | NAV | PE Ratio | RoNW (%) |
|---|---|---|---|---|
| Sejal Glass Limited | 3.77 | 32.31 | 150.19 | 14.44 |
| Borosil Limited | 2.36 | 63.46 | 71.21 | 3.64 |
Objective of the Issue
- Purchase machinery at the existing manufacturing unit;
- Repayment of certain Borrowings;
- To meet incremental working capital requirements; and
- General Corporate Expenses.
Agarwal Toughened Glass IPO GMP (Grey Market Premium)
To check real-time Grey Market Premium (GMP on IPO) of Agarwal Toughened Glass, please visit the IPO GMP page.
Agarwal Toughened Glass Subscription Status
This IPO subscription kicks off on November 28, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Agarwal Toughened Glass Allotment Status
To check the Agarwal Toughened Glass IPO allotment status, visit the IPO registrar website Kfin Technologies or go to the IPO Allotment page.
IPO Registrar
Kfin Technologies Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Hyderabad, Rangareddi, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: atgil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers
- Cumulative Capital Private Limited
Agarwal Toughened Glass Contact
Agarwal Toughened Glass India Limited
F-2264, RIICO Industrial Area,
Ramchandrapura, Sitapur (Ext.),
Jaipur – 302 022
Phone: +91 723 004 3212
Email: cs_complianceofficer@agarwaltuff.com
Website: http://www.agarwaltuff.com/
FAQs
When will the Agarwal Toughened Glass IPO open for subscription?
The IPO is set to open on November 28, 2024, for QIB, NII, and retail investors, and will close on December 2, 2024.
What is the price band for Agarwal Toughened Glass IPO?
The price band for Agarwal Toughened Glass IPO is set between ₹105 to ₹108 per equity share.
What is the minimum investment required for Agarwal Toughened Glass IPO?
The minimum investment for Agarwal Toughened Glass is ₹129,600 with 1200 Shares.
When will the Agarwal Toughened Glass shares be allotted?
The allotment date for Agarwal Toughened Glass is December 3, 2024.
When will the Agarwal Toughened Glass shares be listed?
The listing date for Agarwal Toughened Glass is December 5, 2024.
Note: Agarwal Toughened Glass IPO price band and date have been officially announced. Agarwal Toughened Glass IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.
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