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Agarwal Toughened Glass India IPO
6.21xsubscribed

Agarwal Toughened Glass India IPO

Glass
listed
₹1.26LMin. investment

Agarwal Toughened Glass India Limited IPO Details

SectorGlass
Price range₹105 – ₹108
IPO type
SME
Lot size1200 shares
Issue size₹63Cr
Red Herring Prospectus
Read
Market cap
₹190.89CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹38.32CrLower than sector avg
Growth rate3Y CAGR
4.69%

Agarwal Toughened Glass India IPO Timeline

  1. Pre-apply
    27 Nov 2024
  2. Bid start
    28 Nov 2024
  3. Bid end
    2 Dec 2024
  4. Allotment
    3 Dec 2024
  5. Release of funds
    4 Dec 2024
  6. Demat transfer
    4 Dec 2024
  7. Listing
    5 Dec 2024

About Agarwal Toughened Glass India Limited

Agarwal Toughened Glass (AGL), incorporated in 2009 and headquartered in Jaipur, manufactures toughened glass, laminated glass, and double-glazed units. It primarily serves B2B clients (92% of sales) in the construction, automotive, and industrial sectors across India, AGL has a strong presence in Rajasthan (72% of sales). The company generated ₹38 crore in revenue in FY24.

Checklist

Quality analysis
Revenue growth
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Objectives of Agarwal Toughened Glass India IPO

Purchase of machinery
The company will spend ₹9.6 crore towards the purchase of machinery.
Repayment of certain borrowings
The company will use ₹6.0 crore to repay its borrowings.
Meeting working capital expenses
The company will spend ₹25 crore for working capital requirements.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹38.32Cr4.69%₹8.68Cr₹190.89Cr14.771.81
This sector (avg.)₹501.4Cr---₹23.42Cr₹2,735.95Cr16.980.64
₹4,594.25Cr---₹367.3Cr₹25,538.61Cr81.891.01
₹1,479.33Cr----₹86.97Cr₹6,924.63Cr---0.25
₹331.86Cr---₹96.59Cr₹2,150.96Cr21.320.01

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Agarwal Toughened Glass India IPO Contact Details

Company NameAgarwal Toughened Glass India Limited

How to apply for Agarwal Toughened Glass India IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Agarwal Toughened Glass India IPO FAQs