Upcoming IPO SME

Agarwal Toughened Glass IPO: Dates, Pricing, and Allotment 2024

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 GMP

Agarwal Toughened Glass IPO Details

Overview PointsDescription
Company NameAgarwal Toughened Glass
IndustryGlass Manufacturing
IPO Issue TypeBook Built Issue
Open DateNovember 28, 2024
Close DateDecember 2, 2024
Total Issue SizeApprox. ₹62.64 Crores
Fresh IssueApprox. ₹62.64 Crores
Face Value₹10 Per Equity Share
Price Band₹105 to ₹108 Per Share
Listing onNSE SME
Lot Size1,200 Shares Per Lot
Offer for Sale-
Shares Offered to Retail35%
Shares Offered to QIB50%
Shares Offered to HNI15%

Agarwal Toughened Glass IPO Market Lot

Agarwal Toughened Glass IPO has minimum lot size of 1,200 Shares, with an amount of ₹129,600.

ApplicationLot SizeSharesAmount
Retail Minimum11,200₹129,600
Retail Maximum11,200₹129,600
S-HNI Minimum22,400₹259,200

Agarwal Toughened Glass IPO Dates

EventsDate
IPO Open DateNovember 28, 2024
IPO Close DateDecember 2, 2024
Basis of AllotmentDecember 3, 2024
RefundsDecember 4, 2024
Credit to Demat AccountDecember 4, 2024
IPO Listing DateDecember 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 Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets5,707.555,154.854,062.323,620.49
Revenue2,349.734,050.264,060.323,471.99
Profit After Tax453.92868.5296.9750.18
Net Worth2,084.721,630.80762.28665.31
Reserves and Surplus897.22443.30287.28190.31
Total Borrowing3,055.392,924.512,876.682,641.92
Amount in ₹ Lakhs

Key Performance Indicator

Market Capitalization of Agarwal Toughened Glass India IPO is ₹190.89 Cr.

KPIValues
ROE:72.59%
ROCE:31.34%
EBITDA Margin:35.77%
PAT Margin:22.66%
Debt to equity ratio:1.81
Earning Per Share (EPS):₹7.31 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):53.26%
Net Asset Value (NAV):₹-

Peer Group Comparison

Company NameEPSNAVPE RatioRoNW (%)
Sejal Glass Limited3.7732.31150.1914.44
Borosil Limited2.3663.4671.213.64

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
Emailatgil.ipo@kfintech.com
Website: www.kfintech.com

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
Websitehttp://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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