Agarwal Toughened Glass IPO Subscribed over 0.38x on its first day of subscription

Agarwal Toughened Glass IPO Subscribed over 0.38x on its first day of subscription wherein QIB subscribed 0.01x, NII subscribed 0.11x, and RII subscribed 0.71x.
Agarwal Toughened Glass India IPO

Agarwal Toughened Glass IPO subscription started on Thursday, November 28, 2024 and will close on December 2, 2024 as per the schedule. The price band is set at ₹105 to ₹108 per share with a face value of ₹10.

Agarwal Toughened Glass IPO Subscription Status

Agarwal Toughened Glass IPO Subscribed over 0.38x on its first day till 5.00 PM on 28th November.

  • Agarwal Toughened Glass IPO subscription QIB investors portion is 0.01 times, while NII subscribed 0.11 times and RII investors subscribed 0.71 times.
  • The company has received bids for 14,79,600 shares against 38,52,000 shares on offer on the second day of subscription.
  • Agarwal Toughened Glass IPO Subscribed over 0.38x on its day 1.

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.

Agarwal Toughened Glass 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.

Agarwal Toughened Glass IPO GMP:

Agarwal Toughened Glass IPO GMP was ₹10 as of Thursday, November 28. That indicates the IPO is trading at ₹118 with ₹10 premium in the grey market against the issue price of ₹108.

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