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 India Limited is highly dependent on suppliers and distributors. These suppliers include 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 the help of strong associations, the company is able to deliver high quality products and satisfy the requirements of its customers.
Agarwal Float Glass India IPO – Details
IPO Opening Date | 10 February 2023 |
IPO Closing Date | 15 February 2023 |
Issue Type | Fixed Price Issue IPO |
Issue Size | 21,90,000 Shares Worth ₹9.20 Crore Fresh Issue: 21,90,000 Shares Worth ₹9.20 Crore |
Face Value | ₹10 per equity share |
IPO Price | ₹42 |
Market Lot | 3000 Shares |
Min Order1 | 3000 Shares (1 Lot) |
Listing At | NSE SME |
Register | KFin Technologies Limited |
Retail Shares Offered | 50% |
NII (HNI) Shares Offered | 50% |
Agarwal Float Glass India IPO – Date Schedule
IPO Open Date | 10 February 2023 |
IPO Close Date | 15 February 2023 |
Basis of Allotment | 20 February 2023 |
Initiation of Refunds | 21 February 2023 |
Credit of Shares to Demat Account | 22 February 2023 |
IPO Listing Date | 23 February 2023 |
Agarwal Float Glass India IPO – Lots Size & Price
Application | Lots | Shares | Amount ( Cut-Off) |
Minimum | 1 | 3000 | 1,26,000 |
Maximum | 1 | 3000 | 1,26,000 |
Competitive Strengths
- Experienced Management team having domain knowledge to scale up and expand into new opportunities;
- Wide product portfolio addressing the needs of varied customers across the industry;
- Dedicated technical & functional team to provide solutions to the customers;
- Extensive Sales and distribution network;
- Experience of handling large & complex projects;
- Multi-year relationships with most customers;
- Improving operational efficiency.
Company Promoters
- Uma Shankar Agarwal
- Mahesh Kumar Agarwal
Object Of The Issue
- Funding the working capital requirements of the company.
- General Corporate Purpose.
Company Financials
Particulars | Total Revenue | Total Expense | Profit After Tax |
---|---|---|---|
31 March 2020 | 32.27 | 31.83 | 0.08 |
31 March 2021 | 31.88 | 31.53 | 0.24 |
31 March 2022 | 42.16 | 40.76 | 1.01 |
30 September 2022 | 23.69 | 19.98 | 2.67 |
Agarwal Float Glass India IPO Promoter Holding
Pre Issue Share Holding | 99.99% |
Post Issue Share Holding |
Agarwal Float Glass India IPO Prospectus
- Agarwal Float Glass India IPO DRHP
- Agarwal Float Glass India IPO RHP
Company Contact Information
Agarwal Float Glass India Limited 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
KFin Technologies Limited Phone: 04067162222, 04079611000 Email: afgil.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
Agarwal Float Glass India IPO Lead Manager(s)
1. GYR Capital Advisors Limited |
Agarwal Float Glass India IPO FAQs
What is Agarwal Float Glass India IPO? Agarwal Float Glass India IPO is a SME IPO. The issue is priced at ₹42 per equity share. The IPO is to be listed on NSE SME. |
When Agarwal Float Glass India IPO will open? The IPO is to open on 10 February 2023 for NII and Retail Investors. |
What is Agarwal Float Glass India IPO Investors Portion? The investors portion for NII-50%, and Retail-50%. |
How to Agarwal Float Glass India IPO? You can apply Agarwal Float Glass India 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. |
How to Apply the Agarwal Float Glass India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Agarwal Float Glass India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
How to Apply the Agarwal Float Glass India IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Agarwal Float Glass India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
What is Agarwal Float Glass India IPO Size? Agarwal Float Glass India IPO size is ₹9.20 crores. |
What is Agarwal Float Glass India IPO Price Band? Agarwal Float Glass India IPO Price Band is ₹42. |
What is Agarwal Float Glass India IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹1,26,000 amount while the maximum bid is 3000 shares with ₹1,26,000. |
What is the Agarwal Float Glass India IPO Allotment Date? Agarwal Float Glass India IPO allotment date is 20 February 2023. |
What is the Agarwal Float Glass India IPO Listing Date? Agarwal Float Glass India IPO listing date is 23 February 2023. The IPO is to list on NSE SME. |