
✓
Open
10 Feb 2023
✓
Close
15 Feb 2023
3
Allotment
—
✓
Listing
Thu, Feb 23, 2023
Price Band
₹42 per share
Issue Size
21,90,000 shares (agg. up to ₹9 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Feb 23, 2023
Latest GMP
₹-5
Est. Gain
-11.9%
✦ AI Insight
GMP Trend
23-02-2023₹-5Est. ₹37-11.9%
22-02-2023₹-4Est. ₹38-9.52%
21-02-2023₹1Est. ₹43+3.57%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.81x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 21.77 | 17.62 | 18.12 | 17.67 |
| Total Income | 23.69 | 42.17 | 31.88 | 32.27 |
| Profit After Tax | 2.68 | 1.02 | 0.25 | 0.09 |
| NET Worth | 5.95 | 3.28 | 2.26 | 2.01 |
| Reserves and Surplus | 3.93 | 1.26 | 0.24 | -0.01 |
| Total Borrowing | 11.68 | 11.42 | 11.75 | 11.20 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 6.25 |
| 2 | General Corporate Purposes | 0.73 |
About Agarwal Float Glass India IPO
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 glass Frosted glass Frosted design glass Leaguered glass, figure glass Heat-strengthened glass Insulated glass PVB laminated glass Bullet-resistant glass and all building glasses Agarwal Float Glass Indi
Contact Details
Agarwal Float Glass India Ltd. AddressH-1/790, Sitapura Industrial Area Ext.Near Fire Bridge OfficeJaipur, Rajasthan, 302022+91 723 004 3211compliance@agarwafloat.comVisit Website