Incorporated in 2018, Agarwal Float Glass India Limited is a crucial part of the Agarwal Group, which was established in 1997 by Uma Shankar Agarwal and Mahesh Kumar Agarwal for trading in glass and glass products. The company engages in the trading of glass and specialized glass products, procuring quality items from manufacturers and wholesaling them to customers through sales managers or directly.
Agarwal Float Glass India’s product portfolio includes a variety of glass products, ranging from clear glass to different kinds of value-added and processed glass products of varying thicknesses. These products find applications in various areas such as office buildings, hotels, institutions, banks, insurance companies, shopping malls, and diplomatic residences.
In addition to glass trading, the company also offers processed glass solutions, including toughened glass, frosted glass, frosted design glass, leaguered glass, heat-strengthened glass, insulated glass, PVB laminated glass, bullet-resistant glass, and all types of building glasses.
To ensure high-quality products and meet customer requirements, Agarwal Float Glass India Limited maintains strong associations with suppliers and distributors such as 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 its emphasis on delivering excellent products and customer satisfaction, the company continues to play a significant role in the glass and glass products trading industry.
Stock Quote #
- Open: ₹36.00
- High – Low: ₹36.00 – ₹36.00
- Previous Close: ₹35.95
- Total Traded Value: 3,000
- Updated On: Jul 28, 2023 4:00 PM
IPO Details #
Agarwal Float Glass India IPO is a Fixed Price Issue. The IPO total issue size is Rs 9.20 Cr. The Agarwal Float Glass India IPO price is ₹42 per share. The IPO will list on NSE SME.
| IPO Date | Feb 10, 2023 to Feb 15, 2023 |
| Listing Date | Feb 23, 2023 |
| Face Value | ₹10 per share |
| Price | ₹42 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 2,190,000 shares (aggregating up to ₹9.20 Cr) |
| Fresh Issue | 2,190,000 shares (aggregating up to ₹9.20 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 114,000 shares SMC Global Securities |
IPO Reservation #
Agarwal Float Glass India IPO a total of 2,190,000 shares are offered. RII: 1,038,000 (47.40%), NII: 1,038,000 (47.40%).
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 114,000 (5.21%) |
| Other Shares Offered | 1,038,000 (47.40%) |
| Retail Shares Offered | 1,038,000 (47.40%) |
| Total Shares Offered | 2,190,000 (100%) |
IPO Timetable (Tentative) #
Agarwal Float Glass India IPO opens on Feb 10, 2023, and closes on Feb 15, 2023.
| IPO Open Date | Friday, 10 February 2023 |
| IPO Close Date | Wednesday, 15 February 2023 |
| Basis of Allotment | Monday, 20 February 2023 |
| Initiation of Refunds | Tuesday, 21 February 2023 |
| Credit of Shares to Demat | Wednesday, 22 February 2023 |
| Listing Date | Thursday, 23 February 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Feb 15, 2023 |
Agarwal Float Glass India IPO Lot Size #
The minimum lot size of this Agarwal Float Glass India IPO is 3000 shares required is ₹126,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹126,000 |
| Retail (Max) | 1 | 3000 | ₹126,000 |
| HNI (Min) | 2 | 6,000 | ₹252,000 |
| Lot Size Calculator | |||
Agarwal Float Glass India IPO Promoter Holding #
Uma Shankar Agarwal and Mahesh Kumar Agarwal are the Promoters of the company.
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 69.77% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1,767.31 | 3,227.43 | 8.83 | 201.30 | -0.84 | 1,120.38 |
| 31-Mar-21 | 1,811.87 | 3,188.13 | 24.73 | 226.02 | 23.88 | 1,175.30 |
| 31-Mar-22 | 1,761.79 | 4,216.91 | 101.68 | 327.68 | 125.54 | 1,141.78 |
| 30-Sep-22 | 2,177.31 | 2,369.04 | 267.75 | 595.43 | 393.29 | 1,167.91 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
Agarwal Float Glass India IPO Market Cap is Rs 30.42 Cr and P/E (x) is 5.68.
| KPI | Values |
|---|---|
| P/E (x) | 5.68 |
| Market Cap (₹ Cr.) | 30.42 |
Objects of the Issue #
The Company proposes to utilize the funds which are being raised through this Issue towards the following objects:
- Funding the working capital requirements of the company
- General Corporate Purposes
Agarwal Float Glass India IPO Subscription Status (Bidding Detail) #
The Agarwal Float Glass India IPO is subscribed 5.16 times on Feb 15, 2023 7:00:00 PM. The public issue subscribed 7.20 times in the retail category, times in the QIB category, and 3.13 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 3.13 |
| Retail | 7.20 |
| Total | 5.16 |
Agarwal Float Glass India IPO Prospectus #
- › Agarwal Float Glass India IPO DRHP
- › Agarwal Float Glass India IPO RHP
Agarwal Float Glass India IPO Listing Details #
| Listing Date | Feb 23, 2023 |
| BSE Script Code | |
| NSE Symbol | AGARWALFT |
| ISIN | INE0MLA01012 |
| Final Issue Price | ₹42 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹42.00 |
| ₹44.00 |
| ₹42.00 |
| ₹44.50 |
| ₹44.05 |
Company Contact Information #
H-1/790, Sitapura Industrial Area Ext.,
Near Fire Bridge Office,
Jaipur – 302 022
Phone: +91 723 004 3211
Email: compliance@agarwafloat.com
Website: http://www.agarwalfloat.com/
Agarwal Float Glass India IPO Registrar #
Phone: 04067162222, 04079611000
Email: afgil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Agarwal Float Glass India IPO Lead Manager(s) #
Frequently Asked Questions #
What are the IPO details of Viaz Tyres? #
- IPO Open: February 16, 2023
- IPO Close: February 21, 2023
- IPO Price: ₹62
- Face Value: ₹10
- IPO Size: ₹20.00 Crores
- Listing At: NSE SME
- Lot Size: 2000 shares
How can I check the Viaz Tyres IPO Allotment Status? #
The Viaz Tyres IPO Allotment Status is expected to be available on February 24, 2023. To check the allotment status, visit the Viaz Tyres IPO allotment status page and enter PAN number, Application Number, or DP Client ID of the demat account.
What is the timetable/schedule for Viaz Tyres IPO? #
- Bid/Offer Opens On: February 16, 2023
- Bid/Offer Closes On: February 21, 2023
- Finalization of Basis of Allotment: February 24, 2023
- Initiation of Refunds: February 27, 2023
- Credit of Equity Shares: February 28, 2023
- Listing Date: March 1, 2023
Who are the promoters of Viaz Tyres Limited? #
The promoters of Viaz Tyres Limited are Mr. Janakkumar Mahendrakumar Patel, Mr. Rajeshkumar Prabhudasbhai Patel, Mr. Parichaykumar Maganbhai Patel, Mrs. Himaben Janakkumar Patel, Mrs. Nirmaben Rajeshkumar Patel, and Mrs. Kenaben Parichaykumar Patel.
What is the IPO subscription status for Viaz Tyres IPO? #
- Qualified Institutional Buyers (QIB): Not applicable (0 times oversubscribed)
- Non-Institutional Investors (NII): 5.33 times oversubscribed
- Retail Individual Investor (RII): 6.25 times oversubscribed
What is the expected listing price of Viaz Tyres IPO shares? #
The expected listing price of Viaz Tyres IPO shares depends on various factors, including demand, nature of the business, market environment, and the state of the economy. The actual listing price will be known on the day of listing, which is March 1, 2023.
When will the Viaz Tyres IPO shares be listed? #
The Viaz Tyres IPO shares will be listed on March 1, 2023, at NSE SME.
What is the lot size for Viaz Tyres IPO? #
The minimum lot size for Viaz Tyres IPO is 2000 shares, and the required amount is ₹124,000.
Please note that the information provided is based on the data available.
