Agarwal Toughened Glass India SME IPO Details, Financials, Valuation & Peers
Explore Agarwal Toughened Glass India IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Agarwal Toughened Glass India Limited is a manufacturer of toughened and value-added glass products, catering to a diverse range of industries. Established in 2009 and headquartered in Rajasthan, India, the company specializes in processing float glass to produce a variety of high-strength, safety-enhanced glass products, including laminated, frosted, tinted, reflecting, clear, and double-glazed toughened glass. These products are widely used in construction, automotive, industrial applications, and architectural elements like doors, windows, stairwells, and balustrades. The company’s comprehensive range of glass solutions is tailored to meet the needs of office buildings, hotels, shopping centers, hospitals, and residential and commercial spaces. The company combines advanced manufacturing processes and customer-centric operations to deliver durable, aesthetically pleasing, and customizable glass products that meet the evolving demands of its clientele.
Key Points:
- Product Portfolio: Specializes in toughened glass and value-added variants like laminated, frosted, tinted, and double-glazed glass.
- Applications: Used in architectural and structural applications for residential and commercial buildings, hospitals, airports, and shopping centers.
- Domestic Focus: Exclusively serves Indian customers with tailored glass solutions for office buildings, institutions, hotels, and more.
- Skilled Sales and Marketing Team: Dedicated professionals with extensive experience in the glass industry ensure customer satisfaction and timely delivery.
Objects of the Issue
- Purchase of machinery at the existing manufacturing unit;
- Repayment of certain Borrowings;
- To meet incremental working capital requirements
- General Corporate Expenses
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 28 Nov - 02 Dec 2024 |
| IPO Price Band | ₹105 - ₹108 per share |
| Fresh Issue | 57,99,600 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹62.64 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 28 Nov 2024 |
| IPO Closing Date | 02 Dec 2024 |
| Basis Of Allotment | 03 Dec 2024 |
| Refunds | 04 Dec 2024 |
| Demat Transfer | 04 Dec 2024 |
| IPO Listing Date | 05 Dec 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 34.72 | 40.60 | 40.50 | 23.50 |
| Total Expenses | 34.05 | 39.26 | 28.90 | 17.42 |
| Net Profit/Loss | 0.50 | 0.97 | 8.69 | 4.54 |
| NPM (*) | 1.50 | 2.43 | 22.66 | 20.37 |
| Total Assets | 36.20 | 40.62 | 51.55 | 57.08 |
| Total Liabilities | 29.55 | 33.00 | 35.24 | 36.23 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 0.42 | 0.82 | 7.31 | 3.82 |
| ROE (%) | 7.93 | 13.59 | 72.59 | 21.77 |
| ROCE (%) | 8.14 | 9.73 | 31.34 | 19.78 |
| D/E Ratio | 4.07 | 3.95 | 1.81 | 1.47 |
| Current Ratio | 1.36 | 1.34 | 1.28 | 1.35 |
| EBITDA MARGIN (%) | 10.77 | 11.89 | 35.77 | 31.30 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Agarwal Toughened Glass India Limited | 22.29 | 28.27 | 3.82 | 21.77 | 17.56 |
| Sejal Glass Limited | 114.32 | 150.19 | 3.77 | 14.44 | 32.31 |
| Borosil Limited | 490.70 | 71.21 | 2.36 | 3.64 | 63.46 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 50% |
| Non-Institutional Investor (NII/HNI) | Not more than 15% |
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 4.49 |
| Non-Institutional Investor (NII/HNI) | 15.17 |
| Retail Individual Investor (RII) | 10.71 |
| Total | 9.89 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- ANITA AGARWAL
- MAHESH KUMAR AGARWAL
- UMA SHANKAR AGARWAL
- SHARDA AGARWAL
Lead Managers
- CUMULATIVE CAPITAL PRIVATE LIMITED
Company Address
Agarwal Toughened Glass India Limited
F-2264, RIICO Industrial Area, Ramchandrapura, Sitapur (Ext.), Jaipur – 302 022, Rajasthan, India.
Phone: +91 723 004 3212
Email: cs_complianceofficer@ agarwaltuff.com
Website: www.agarwaltuff.com
FAQs
- What is the issue size of the Agarwal Toughened Glass India SME IPO?The Agarwal Toughened Glass India SME IPO has an issue size of ₹62.64 crore. This includes a fresh issue of 57,99,600 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Agarwal Toughened Glass India IPO?The price band for the Agarwal Toughened Glass India IPO is ₹105 - ₹108 per share.
- What are the bidding dates for the Agarwal Toughened Glass India IPO?The Agarwal Toughened Glass India IPO will open for bidding on 28 Nov 2024 and close on 02 Dec 2024.
- What is the allotment date for the Agarwal Toughened Glass India IPO?The allotment date for the Agarwal Toughened Glass India IPO is 03 Dec 2024.
- What is the minimum lot size and investment required for the Agarwal Toughened Glass India IPO?The minimum lot size for the Agarwal Toughened Glass India IPO is 1200 shares and the minimum investment required is ₹1,29,600.
- What is the listing date for the Agarwal Toughened Glass India IPO?The listing date for the Agarwal Toughened Glass India IPO is 05 Dec 2024.
- What is the Agarwal Toughened Glass India IPO grey market premium?The grey market premium (GMP) for the Agarwal Toughened Glass India IPO is currently at ₹32, with an expected listing gain of approximately 29.63%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.