Agarwal Toughened Glass India IPO Details
| IPO Issue Open Date: | 28 November 2024 |
| IPO Issue Close Date: | 2 December 2024 |
| IPO Issue Price Band: | ₹105 to ₹108 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹62.64 Crores | 5,799,600 shares |
| Fresh Issue: | ₹62.64 Crores | 5,799,600 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Agarwal Toughened Glass India IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Agarwal Toughened Glass India IPO Dates Timeline
| Issue Open Date: | 29 November 2024 |
| Issue Close Date: | 3 December 2024 |
| Basis of Allotment Date: | 4 December 2024 |
| Refunds Initiation: | 5 December 2024 |
| Shares Credit in Demat: | 5 December 2024 |
| IPO Listing Date Detail: | 6 December 2024 |
Agarwal Toughened Glass India IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 1200 shares = ₹129,600 |
| Retail (Max) | 1 lots and 1200 shares = ₹129,600 |
| HNI (Min) | 2 lots and 2400 shares = ₹259,200 |
| B-HNI Minimum | – |
Agarwal Toughened Glass India IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹10 | ₹9,000 | ₹- | 9% |
| 26th Nov | ₹10 | ₹9,000 | ₹- | 9% |
About Agarwal Toughened Glass India
Agarwal Toughened Glass India was incorporated as “Agarwal Toughened Glass India Private Limited”, Company under the Companies Act, 1956 pursuant to Certificate of Incorporation dated October 30, 2009, issued by the Registrar of Companies, Jaipur, Rajasthan, India. Subsequently, their Company was converted into Public Limited Company and the name of the Company was changed from “Agarwal Toughened Glass India Private Limited” to “Agarwal Toughened Glass India Limited” under the Companies Act, 2013 pursuant to a special resolution passed by their shareholders at the Extra Ordinary General Meeting held on January 30, 2023, and had received Certificate of Incorporation dated March 06, 2023, issued by the Registrar of Companies, Jaipur, Rajasthan, India. For details pertaining to the changes of name of their company and change in the registered office, please refer to the chapter titled ‘History and Certain Corporate Matters’ beginning on page 145 of this Draft Red Herring Prospectus. The CIN of the Company is U26109RJ2009PLC030153.
Their Company was incorporated with the primary goal of becoming a recognized manufacturer of toughened glass. Choosing and purchasing land from RIICO under a leasing agreement dated June 27, 2010, building a factory by gaining the required approval from many government agencies, authorities, etc., for the period from FY 2010 to FY 2014, is how their company began to take action. During the fiscal years 2014 to 2015, orders theyre placed for the import of machinery, and work on the construction and installation of plant and machinery began. In the fiscal years 2015 to 2016, their Company began testing various units. It wouldn’t be out of place to note that the company needed to dedicate time bettheyen 2009 and 2015 in order to accomplish this goal. Their balance sheet for that period shows revenue from glass trade that their company conducted during that time.
Agarwal Toughened Glass India IPO Strengths
- Strong brand presence in Indian Market
- A combination of experience and expertise
- Long Standing Relationship with our customers
- Consistent focus on quality
- Strong Risk Management
Objects of the IPO 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 Company Financial Report
The company reported revenue of ₹40.50 crores in 2024 against ₹40.60 crores in 2023. The company reported a profit of ₹8.69 crores in 2024 against a profit of ₹0.97 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹34.72 | ₹34.05 | ₹0.50 | ₹36.20 |
| 2023 | ₹40.60 | ₹39.26 | ₹0.97 | ₹40.62 |
| 2024 | ₹40.50 | ₹28.90 | ₹8.69 | ₹51.55 |
| September 2024 | ₹23.50 | ₹17.42 | ₹4.54 | ₹57.08 |
Agarwal Toughened Glass India IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 72.59% |
| ROCE: | 31.34% |
| EBITDA Margin: | 35.77% |
| PAT Margin: | 22.66% |
| Debt to equity ratio: | 1.81 |
| Earning Per Share (EPS): | ₹7.31 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 53.26% |
| Net Asset Value (NAV): | ₹- |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Sejal Glass Limited | 3.77 | 150.19 | 14.44 | 32.31 | 114.32 Cr. |
| Borosil Limited | 2.36 | 71.21 | 3.64 | 63.46 | 490.70 Cr. |
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
- Cumulative Capital Private Limited
Agarwal Toughened Glass India IPO allotment status check on Link Intime website. Click on Kfin Technologies Limited to get allotment status.
Promoters of Agarwal Toughened Glass India
- Anita Agarwal
- Mahesh Kumar Agarwal
- Uma Shankar Agarwal
- Sharda Agarwal
Company Address
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/