Agarwal Toughened Glass India Limited manufactures tempered glasses. The company’s products are used in various industries, such as shower doors, refrigerator trays, mobile screen protectors, bulletproof glass for diving masks, and a variety of plates and cookware.
The company is ISO 9001:2015 certified for its Quality Management System.
The company caters to segments such as office buildings, hotels, institutions, banks, insurance firms, shopping centers, and diplomatic homes.
The product portfolio of the company comprises of:
- Annealed Glass
- Toughened Glasses
- Insulated Glasses
- Laminate Safety Glass
- Heat Soaked Glass
The company conducts various tests on its products, including human impact assessments, ball drop tests, design and visual inspections, annealing evaluations (for residual stress), and glass thickness and weight measurements.
As of September 30, 2024, the company had 207 employees responsible for their respective tasks, including directors, administrative, secretarial, marketing, and accounting staff.
Agarwal Toughened Glass India IPO – Details
| IPO Opening Date | 28 November 2024 |
| IPO Closing Date | 02 December 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 57,99,600 Shares Worth ₹62.64 Crore Fresh Issue: 57,99,600 Shares Worth ₹62.64 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹105 – ₹108 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Agarwal Toughened Glass India IPO – Date Schedule
| IPO Open Date | 28 November 2024 |
| IPO Close Date | 02 December 2024 |
| Basis of Allotment | 03 December 2024 |
| Initiation of Refund | 04 December 2024 |
| Credit of Shares to Demat Account | 04 December 2024 |
| IPO Listing Date | 05 December 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 02, 2024 |
Agarwal Toughened Glass India IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,29,600 |
| Retail (Max) | 1 | 1200 | ₹1,29,600 |
| HNI (Min) | 2 | 2400 | ₹2,59,200 |
Competitive Strengths
- Strong Brand presence in the Indian market.
- The company’s management team is a combination of experience and expertise.
- Long-standing relationships with its customers.
- Consistent focus on quality.
- Strong Risk Management.
Company Promoters
- Anita Agarwal
- Mahesh Kumar Agarwal
- Uma Shankar Agarwal
- Sharda Agarwal
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 34.71 | 34.05 | 0.50 | 26.41 |
| 31 March 2023 | 40.60 | 39.25 | 0.96 | 28.76 |
| 31 March 2024 | 40.50 | 28.90 | 8.68 | 29.24 |
| 30 September 2024 | 23.49 | 17.42 | 4.53 | 30.55 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 21.77% |
| ROCE | 19.78% |
| Debt/Equity | 1.47 |
| RoNW | 21.77% |
| P/BV | 6.15 |
| PAT Margin (%) | 20.37 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 7.31 | 5.14 |
| P/E (x) | 14.77 | 21.03 |
Object 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 India IPO Promoter Holding
| Pre Issue Share Holding | 95.16% |
| Post Issue Share Holding | 63.94% |
Agarwal Toughened Glass India IPO Prospectus
Company Contact Information
| Agarwal Toughened Glass India Limited F-2264, RIICO Industrial Area, Ramchandrapura, Sitapur (Ext.), Jaipur – 302 022 Phone: +91 723 004 3212 Email: cs_complianceofficer@agarwaltuff.com Website: http://www.agarwaltuff.com/ |
Agarwal Toughened Glass India IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: atgil.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Agarwal Toughened Glass India IPO Lead Manager(s)
| 1. Cumulative Capital Private Limited |
Agarwal Toughened Glass India IPO FAQs
| What is Agarwal Toughened Glass India IPO? Agarwal Toughened Glass India IPO is an SME IPO. The issue is priced at ₹105 and ₹108 per equity share. The IPO is to be listed on NSE SME. |
| When Agarwal Toughened Glass India IPO will open? The IPO is to open on 28 November 2024 for QIB, NII, and Retail Investors. |
| What is Agarwal Toughened Glass India IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Agarwal Toughened Glass India IPO? You can apply Agarwal Toughened 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 Toughened Glass India IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Agarwal Toughened Glass India IPO”. 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 Angle One. |
| How to Apply the Agarwal Toughened 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 Toughened Glass India IPO“. 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 Toughened Glass India IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Agarwal Toughened Glass India IPO”. 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 Upstox. |
| How to Apply the Agarwal Toughened Glass India IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Agarwal Toughened Glass India IPO”. 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 IIFL. |
| What is Agarwal Toughened Glass India IPO Size? Agarwal Toughened Glass India IPO size is ₹62.64 Crore. |
| What is Agarwal Toughened Glass India IPO Price Band? Agarwal Toughened Glass India IPO Price Band is ₹105 – ₹108. |
| What is Agarwal Toughened Glass India IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹1,29,600 amount while the maximum bid is 1200 Shares with ₹1,29,600. |
| What is the Agarwal Toughened Glass India IPO Allotment Date? Agarwal Toughened Glass India IPO allotment date is 03 December 2024. |
| What is the Agarwal Toughened Glass India IPO Listing Date? Agarwal Toughened Glass India IPO listing date is 05 December 2024. The IPO is to be listed on NSE SME. |
