Agarwal Toughened Glass IPO allotment today: Here’s how to check status online

Agarwal Toughened Glass India IPO share allotment status will be finalised on Tuesday, December 3, after the public offer closed with a strong subscription.

The NSE SME issue was open for subscription from Thursday, November 28, to Monday, December 2.

Agarwal Toughened Glass India IPO received bids for more than 3.83 crore shares compared to the 38.52 lakh shares on offer. The issue was subscribed 9.96 times across all investor categories.

Agarwal Toughened Glass India IPO was booked 10.7 times in the retail category and the Non-Institutional Investors (NIIs) subscribed their quota 15.53 times. The Qualified Institutional Buyers’ (QIBs) segment was subscribed 4.49 times.

After the successful subscription, the IPO bidders are now waiting for the company to finalise the IPO share allotment status.

Following share allocation, refunds will be initiated for unsuccessful bidders on December 4. The successful bidders will also receive shares of Agarwal Toughened Glass India in their Demat accounts the same day. Shares of Agarwal Toughened Glass India will be listed on the NSE SME platform, Emerge. The IPO listing has been scheduled for December 5.

Agarwal Toughened Glass India IPO share allotment status can be checked on the websites of the NSE and the issue registrar, Kfin Technologies Limited.

• Go to the allotment status page of the NSE: www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
• Login with your User ID and password (If you don’t have an account, you will need to sign up on the NSE website)
• Choose 'Agarwal Toughened Glass India Limited'
• Verify PAN details
• Type in your IPO application number
• Click on the 'submit' button

• Go to the Kfin Technologies' IPO allotment status page at: https://ris.kfintech.com/ipostatus/
• Select any of the available server links to continue checking your allotment status.
• Select ‘Agarwal Toughened Glass India Limited’ from the IPO dropdown menu.
• Enter any of the required details: Application number, DP/Client ID, PAN, and Account number/IFSC.
• Click on the 'Submit' button.

Agarwal Toughened Glass India IPO details

Agarwal Toughened Glass India IPO, aimed at raising ₹62.64 crore, was a book-building offer comprising a completely fresh issue of 58 lakh shares.

Agarwal Toughened Glass India IPO price band was fixed at ₹105 to ₹108 per share. The minimum lot size for retail investors was 1200 shares, aggregating to an investment of ₹1,29,600.

Agarwal Toughened Glass India IPO objective

The company plans to use the money raised via the public issue to purchase machinery for its manufacturing unit, repay its borrowings, meet incremental working capital requirements, and pay general corporate expenses.

About Agarwal Toughened Glass India

Agarwal Toughened Glass India was incorporated in October 2009. The company manufactures tempered glasses. Its products are used in office buildings, hotels, institutions, banks, insurance firms, and shopping centres. As of September 30, 2024, the company employed 207 workers.