Agarwal Toughened Glass IPO Date, Review, Price, Allotment Details

Agarwal Toughened Glass IPO open date is November 28, 2024 and the IPO will close on December 2, 2024. Agarwal Toughened Glass IPO is a Book Built Issue. The company to raise around ₹62.64 crores via IPO that comprises fresh issue of ₹62.64 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Agarwal Toughened Glass IPO price band is ₹105 to ₹108 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Agarwal Toughened Glass IPO to list on NSE on December 5, 2024. The allotment of Agarwal Toughened Glass IPO date is December 3, 2024.

The company reported revenue of ₹40.50 crores in 2024 against ₹40.60 crore in 2023. The company reported Profit of ₹8.69 crores in 2024 against Profit of ₹0.97 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

IPO Initial Public Offerings

Agarwal Toughened Glass IPO Details

IPO Open Date:November 28, 2024
IPO Close Date:December 2, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹105 to ₹108 Per Share
Issue Size:Approx ₹62.64 Crores
Fresh Issue:Approx ₹62.64 Crores
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Agarwal Toughened Glass IPO Market Lot

The Agarwal Toughened Glass IPO minimum market lot is 1200 shares with ₹129,600 application amount.

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

Agarwal Toughened Glass IPO Dates

The Agarwal Toughened Glass IPO date is November 28 and the close date is December 2. The Agarwal Toughened Glass IPO allotment will be finalized on December 3 and the IPO listing on December 5.

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

Promoters of Agarwal Toughened Glass IPO

The promoters of the company are Anita Agarwal, Mahesh Kumar Agarwal, Uma Shankar Agarwal, and Sharda Agarwal.

About Agarwal Toughened Glass IPO

Incorporated in 2009, Agarwal Toughened Glass India Limited is a high-technology company specializing in manufacturing toughened glass. They have offered advanced material and high-performance reflective glasses for more than 25 years now. Their services feature a range of toughened glasses in different sizes and thicknesses. These include clear, laminated, reflective, tinted, double-glazing, and frosted toughened glasses, known for their extreme safety and strength. Because of their incredible strength, their toughened glasses are used in various demanding applications like passenger vehicle windows, shower doors, architectural glass doors and tables, refrigerator trays, mobile screen protectors, bulletproof glass for diving masks, various types of plates and cookware, etc. Moreover, their toughened glasses are also ideal for spaces like shopping malls, doors, facades, staircases, balustrades, hospitals, airports, residential apartments, commercial apartment buildings, etc offering durability and versatile design. Agarwal Toughened Glass Limited experienced revenue of 4,050.26 lakhs, while its profit after tax (PAT) saw an impressive surge of 795.66% between the financial years ending March 31, 2023, and March 31, 2024.

Agarwal Toughened Glass IPO Company Financial Report

The company reported revenue of ₹40.50 crores in 2024 against ₹40.60 crore in 2023. The company reported Profit of ₹8.69 crores in 2024 against Profit of ₹0.97 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹34.72₹34.05₹0.50₹36.20
2023₹40.60₹39.26₹0.97₹40.62
2024₹40.50₹28.90₹8.69₹51.55
September 2024₹23.50₹17.42₹4.54₹57.08

Agarwal Toughened Glass IPO Valuation – FY2024

Check Agarwal Toughened Glass IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

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

CompanyEPSPE RatioRoNW %NAVIncome
Sejal Glass Limited3.77150.1914.4432.31114.32 Cr.
Borosil Limited2.3671.213.6463.46490.70 Cr.

Objects 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 Review

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  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
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Agarwal Toughened Glass IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

  • Cumulative Capital Private Limited

Company Address

Agarwal Toughened Glass India Limited
F-2264, RIICO Industrial Area,
Ramchandrapura, Sitapur (Ext.),
Jaipur – 302 022
Phone: +91 723 004 3212
Email: [email protected]
Website: http://www.agarwaltuff.com/

Agarwal Toughened Glass IPO FAQs

What is Agarwal Toughened Glass IPO?

Agarwal Toughened Glass IPO is a SME IPO. The company is going to raise ₹62.64 Crores via IPO. The issue is priced at ₹105 to ₹108 per equity share. The IPO is to be listed on NSE.

When Agarwal Toughened Glass IPO will open for subscription?

The IPO is to open on November 28, 2024 for QIB, NII, and Retail Investors. The IPO will close on December 2, 2024.

What is Agarwal Toughened Glass IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Agarwal Toughened Glass IPO?

You can apply for Agarwal Toughened Glass IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Agarwal Toughened Glass IPO Issue Size?

Agarwal Toughened Glass IPO issue size is ₹62.64 crores.

What is Agarwal Toughened Glass IPO Price Band?

Agarwal Toughened Glass IPO Price Band is ₹105 to ₹108.

What is Agarwal Toughened Glass IPO Lot Size?

The minimum bid is 1200 Shares with ₹129,600 amount.

What is the Agarwal Toughened Glass IPO Allotment Date?

Agarwal Toughened Glass IPO allotment date is December 3, 2024.

What is the Agarwal Toughened Glass IPO Listing Date?

Agarwal Toughened Glass IPO listing date is December 5, 2024. The IPO is to list on NSE.

Note: The Agarwal Toughened Glass IPO price band and date are officially announced. The (Agarwal Toughened Glass IPO grey market premium) will be added to the IPO GMP page as it will start).
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