Agarwal Float Glass India Limited IPO (Agarwal Float Glass India IPO)

Agarwal Float Glass India Limited IPO
Upcoming Agarwal Float Glass India IPO | New Agarwal Float Glass India IPO

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

Agarwal Float Glass India IPO – Details

IPO Opening Date10 February 2023
IPO Closing Date15 February 2023
Issue TypeFixed Price Issue IPO
Issue Size21,90,000 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 Lot3000 Shares
Min Order13000 Shares (1 Lot)
Listing AtNSE SME
RegisterKFin Technologies Limited
Retail Shares Offered50%
NII (HNI) Shares Offered50%

Agarwal Float Glass India IPO – Date Schedule

IPO Open Date10 February 2023
IPO Close Date15 February 2023
Basis of Allotment20 February 2023
Initiation of Refunds21 February 2023
Credit of Shares to Demat Account22 February 2023
IPO Listing Date23 February 2023

Agarwal Float Glass India IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum130001,26,000
Maximum130001,26,000

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.
Agarwal Float Glass India IPO
Issue Object

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 202032.2731.830.08
31 March 202131.8831.530.24
31 March 202242.1640.761.01
30 September 202223.6919.982.67
Amount in ₹ Crore

Agarwal Float Glass India IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding

Agarwal Float Glass India IPO Prospectus

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
Websitehttp://www.agarwalfloat.com/

Agarwal Float Glass India IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: afgil.ipo@kfintech.com
Websitehttps://karisma.kfintech.com/

Agarwal Float Glass India IPO Lead Manager(s)

1. GYR Capital Advisors Limited

Agarwal Float Glass India IPO FAQs

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.
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