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Agarwal Float Glass India IPO IPO

Mainline10 Feb 202315 Feb 2023
Open
10 Feb 2023
Close
15 Feb 2023
3
Allotment
Listing
Thu, Feb 23, 2023
Price Band
₹42 per share
Issue Size
21,90,000 shares (agg. up to ₹9 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Feb 23, 2023
Latest GMP
₹-5
Est. Gain
-11.9%
✦ AI Insight

GMP Trend

23-02-2023-5Est. ₹37-11.9%
22-02-2023-4Est. ₹38-9.52%
21-02-20231Est. ₹43+3.57%

Live Subscription

CategorySubscription (times)
Total4.81x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets21.7717.6218.1217.67
Total Income23.6942.1731.8832.27
Profit After Tax2.681.020.250.09
NET Worth5.953.282.262.01
Reserves and Surplus3.931.260.24-0.01
Total Borrowing11.6811.4211.7511.20
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding the working capital requirements of the company6.25
2General Corporate Purposes0.73

About Agarwal Float Glass India IPO

Incorporated in 2018, 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 Indi

Contact Details

Agarwal Float Glass India Ltd. AddressH-1/790, Sitapura Industrial Area Ext.Near Fire Bridge OfficeJaipur, Rajasthan, 302022+91 723 004 3211compliance@agarwafloat.comVisit Website