Agarwal Toughened Glass India IPO GMP, Open Date, Price Band, Allotment Status

  • 21-Nov-2024
  • 2 mins read
Agarwal Toughened Glass India IPO GMP

Agarwal Toughened Glass India IPO GMP, Open Date, Price Band, Allotment Status

Agarwal Toughened Glass India IPO open date is on 28 November to 2 December 2024. This new IPO is a book-built issue of Rs 62.64 crores. This upcoming IPO is a completely fresh issue of 58 lakh equity shares.

Agarwal Toughened Glass India IPO price band is Rs 105 to Rs 108 per share. The lot size is 1200 shares and the allotment date is finalised on Tuesday, December 3, 2024. The minimum investment for the retail investors for 1 lot is Rs 1,29,600.

As of now, Agarwal Toughened Glass India IPO GMP is 6 indicates mild bullish sentiment for this IPO among investors. The listing of this script will be at NSE SME platform.

Agarwal Toughened Glass India IPO Allotment status and IPO subscription details will be available after the IPO closes. The allotment details will be visible on the registrar website. The registrar for Agarwal Toughened Glass India IPO is Kfin Technologies Private Limited.

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Agarwal Toughened Glass India IPO GMP

Agarwal Toughened Glass India IPO GMP quotation is around Rs 6 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Agarwal Toughened Glass India IPO GMP might rise in the coming days.

Agarwal Toughened Glass India IPO Price Band

Agarwal Toughened Glass India IPO price band is Rs 105 to Rs 108 per share. The minimum amount of investment for the retail category is to be around Rs 1,29,600. The minimum investment for HNI is 2 lots amounting to Rs 2,59,200.

Agarwal Toughened Glass India IPO Open Date, Close Date

Agarwal Toughened Glass India IPO open date is 28 November 2024 and closing date is 2 December 2024. Initiation of refund date is December 4, 2024 and credit of shares will be on 4 December 2024.

Agarwal Toughened Glass India IPO Allotment Status

Agarwal Toughened Glass India IPO allotment status will be finalised on Tuesday, 3 December 2024. The listing will be on the NSE SME platform. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Agarwal Toughened Glass India IPO Listing Date

Agarwal Toughened Glass India IPO's listing date is 5 December 2024. The Listing will be on both the NSE SME platform only. Retail investors can sell the shares after 10 AM on the listing day.

Agarwal Toughened Glass India IPO: Listing Date, Lot Size, Price Band

IPO Date

November 28, 2024 to December 2, 2024

Listing Date

December 5, 2024

Face Value

Rs 10 per share

Price Band

Rs 105 to Rs 108 per share

Lot Size

1200 Shares

Total Issue Size

5,799,600 shares

amounting to Rs 62.64 crore

Fresh Issue

5,799,600 shares

amounting to Rs 62.64 crore

Issue Type

Book Built Issue IPO

Listing At

NSE SME

Agarwal Toughened Glass India IPO  Limited: About the Company

Agarwal Toughened Glass India IPO GMP

Agarwal Toughened established in 2009 and is a manufacturer of toughened glass, processing various types of glass.

The company produces various types of glasses including laminated, frosted, tinted, reflective, clear, and double-glazed toughened glass.  It is used in shower doors, refrigerator trays, mobile screen protectors, bulletproof glass for diving masks, and a variety of plates and cookware. It is also used for architectural glass doors and tables.

Tempered glass is also commonly used as partitions in residential and commercial buildings, hospitals, airports, shopping malls, stairwells, balustrades, and other architectural elements.

Agarwal Toughened Glass India IPO Objectives

The funds raised from Agarwal Toughened Glass India IPO will be used for meeting the day-to-day capital needs of the company. Also, to fulfil the general corporate purposes and to meet the public issue expenses.

Agarwal Toughened Glass India IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Thursday, November 28, 2024

IPO Close Date

Monday, December 2, 2024

Basis of Allotment

Tuesday, December 3, 2024

Initiation of Refunds

Wednesday, December 4, 2024

Credit of Shares to Demat

Wednesday, December 4, 2024

Listing Date

Thursday, December 5, 2024

Cut-off time for UPI mandate

5 PM on December 2, 2024

Agarwal Toughened Glass India IPO Subscription Details, IPO Reservation

Agarwal Toughened Glass India IPO subscription details will be available after the IPO opens on 27 November 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Non-Institutional investors.

Agarwal Toughened Glass India IPO Lot Size Details

Agarwal Toughened Glass India IPO lot size is 1200 shares per lot. For retail, the minimum and maximum lot size is amounting to around Rs 1,29,600. For HNI minimum lot size is 2 lots amounting to Rs 2,59,200.

Agarwal Toughened Glass India IPO Promoter Holdings

Agarwal Toughened Glass India IPO promoters are Anita Agarwal, Mahesh Kumar Agarwal, Uma Shankar Agarwal, and Sharda Agarwal. The promoters' shareholdings before the IPO were 95.16%; however, after the IPO, shareholdings will decline.

Agarwal Toughened Glass India Limited Company Financials (in Lakhs)

Agarwal Toughened Glass India Limited posted revenue of Rs 2349.73 crore and net profit of Rs 453.92 crore for the period ending on 30 sep 2024. The company’s revenue decreased by -0.25% and profit after tax rose by 795.66% between the FY ending with March 31, 2024 and March 31, 2023.

Period Ended

30 Sep 2024

31 Mar 2024

31 Mar 2023

31 Mar 2022

Assets

5,707.55

5,154.85

4,062.32

3,620.49

Revenue

2,349.73

4,050.26

4,060.32

3,471.99

Profit After Tax

453.92

868.52

96.97

50.18

Net Worth

2,084.72

1,630.80

762.28

665.31

Reserves and Surplus

897.22

443.30

287.28

190.31

Total Borrowing

3,055.39

2,924.51

2,876.68

2,641.92

Agarwal Toughened Glass India IPO Registrar

Agarwal Toughened Glass India IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Agarwal Toughened Glass India IPO Lead Managers

Agarwal Toughened Glass India IPO lead managers are Cumulative Capital Private Limited. The market maker of the SME IPO is Nikunj Stock Brokers.

How to apply to Agarwal Toughened Glass India IPO

Interested investors can apply to the Agarwal Toughened Glass India IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Agarwal Toughened Glass India IPO FAQ

1. What are the details of the Agarwal Toughened Glass India IPO?

Agarwal Toughened Glass India IPO IPO is a book-built issue of Rs 62.64 crores. This upcoming IPO is a completely fresh issue of 58 lakh equity shares.

2. When will the Agarwal Toughened Glass India IPO open and close?

Agarwal Toughened Glass India IPO open date is 28 November 2024 and closing date is 2 December 2024. Initiation of refund date is December 4, 2024 and credit of shares will be on 4 December 2024.

3. What is Agarwal Toughened Glass India IPO GMP?

Agarwal Toughened Glass India IPO GMP quotation is around Rs 6 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Agarwal Toughened Glass India IPO GMP might rise in the coming days.

4. What are the details of Agarwal Toughened Glass India IPO reservation?

Agarwal Toughened Glass India IPO subscription details will be available after the IPO opens on 27 November 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

Agarwal Toughened Glass India IPO allotment status will be finalised on Tuesday, 3 December 2024. The listing will be on the NSE SME platform. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Agarwal Toughened Glass India IPO?

Agarwal Toughened Glass India IPO's registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. Cumulative Capital Private Limited are the lead managers.

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