Incorporated in 2009, Agarwal Toughened Glass India Limited is a high-technology company specializing in manufacturing toughened glass. They have offered advanced material and high-performance reflective glasses for more than 25 years now. Their services feature a range of toughened glasses in different sizes and thicknesses. These include clear, laminated, reflective, tinted, double-glazing, and frosted toughened glasses, known for their extreme safety and strength. Because of their incredible strength, their toughened glasses are used in various demanding applications like passenger vehicle windows, shower doors, architectural glass doors and tables, refrigerator trays, mobile screen protectors, bulletproof glass for diving masks, various types of plates and cookware, etc.
Agarwal Toughened Glass IPO open date is November 28, 2024 and the IPO will close on December 2, 2024. Agarwal Toughened Glass IPO is a Book Built Issue. Agarwal Toughened Glass IPO price band is ₹105 to ₹108 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Agarwal Toughened Glass IPO to list on NSE on December 5, 2024. The allotment of Agarwal Toughened Glass IPO date is December 3, 2024. The company reported revenue of ₹40.50 crores in 2024 against ₹40.60 crore in 2023. The company reported Profit of ₹8.69 crores in 2024 against Profit of ₹0.97 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Agarwal Toughened Glass IPO Details
| IPO Open Date: | November 28, 2024 |
| IPO Close Date: | December 2, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹105 to ₹108 Per Share |
| Issue Size: | Approx ₹62.64 Crores |
| Fresh Issue: | Approx ₹62.64 Crores |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Agarwal Toughened Glass IPO Timeline
The Agarwal Toughened Glass IPO date is November 28 and the close date is December 2. The Agarwal Toughened Glass IPO allotment will be finalized on December 3 and the IPO listing on December 5.
| IPO Open Date: | November 28, 2024 |
| IPO Close Date: | December 2, 2024 |
| Basis of Allotment: | December 3, 2024 |
| Refunds: | December 4, 2024 |
| Credit to Demat Account: | December 4, 2024 |
| IPO Listing Date: | December 5, 2024 |
Agarwal Toughened Glass IPO Market Lot
The Agarwal Toughened Glass IPO minimum market lot is 1200 shares with ₹129,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,200 | ₹129,600 |
| Retail Maximum | 1 | 1,200 | ₹129,600 |
| S-HNI Minimum | 2 | 2,400 | ₹259,200 |
Financial Insights: Agarwal Toughened Glass India Limited
Agarwal Toughened Glass India Limited’s revenue decreased by -0.25% and profit after tax (PAT) rose by 795.66% between the financial year 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 |
