58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Agarwal Toughened Glass India Limited IPO (Agarwal Toughened Glass India IPO) Detail

Agarwal Toughened Glass India IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Jaipur and caters to Glass sector. Cumulative Capital Private is the merchant banker of Agarwal Toughened Glass India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th July 2024.

Agarwal Toughened Glass India IPO open date is 28th November 2024 and close date is 2nd December 2024. IPO Allotment Date is 3rd December 2024 and Listing date is 5th December 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Agarwal Toughened Glass India IPO Date

Date of DRHP:
26th July 2024
IPO Allotment Date:
3rd December 2024
IPO Open Date:
28th November 2024
Initiation of Refund:
4th December 2024
IPO Closing Date:
2nd December 2024
IPO Listing Date:
5th December 2024

Agarwal Toughened IPO Info, Size, Subscription

Agarwal Toughened Glass India IPO size is Rs 62.64 Cr. crores with IPO price of Rs 108.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 62.64 Cr.

Issue Price:
₹ 108.00

Market Capitalisation :
₹ 190.89 Cr.

PE multiple :
21.03

Subscription :
9.89 times

Pre Issue Promoter Holding :
95.16 %

Post Issue Promoter Holding :
63.94%

Agarwal Toughened Glass India IPO Information

Sub Sector : Manufactures tempered glasses
Agarwal Toughened Glass India 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 the company began to take action. During the fiscal years 2014 to 2015, orders were 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, the Company began testing various units. It wouldn't be out of place to note that the company needed to dedicate time between 2009 and 2015 in order to
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Object of Issue (Agarwal Toughened IPO Objectives)

  • Purchase machinery at the existing manufacturing unit
  • Repayment of certain Borrowings
  • To meet incremental working capital requirements
  • General Corporate Purposes

Cumulative Capital Private Limited is the book-running lead manager of the Agarwal Toughened Glass India IPO. Kfin Technologies Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Agarwal Toughened Glass India IPO.

Agarwal Toughened IPO Market Maker

Nikunj Stock Brokers Limited

Agarwal Toughened IPO Registrar (RTA)

Kfin Technologies Limited

Agarwal Toughened IPO Lead Manager (BRLM)

Cumulative Capital Private Limited

Agarwal Toughened Glass India IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.

Anchor Investors in Agarwal Toughened IPO

No. of Anchor Investors: 7

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
VPK Global Ventures 580,800.00 ₹108.00 ₹62,726,400.00
Belgrave Investment Fund 186,000.00 ₹108.00 ₹20,088,000.00
Chanakya Opportunities Fund 186,000.00 ₹108.00 ₹20,088,000.00
Imvesta Growth Scheme 186,000.00 ₹108.00 ₹20,088,000.00
Veer Quant Fund 93,600.00 ₹108.00 ₹10,108,800.00
Necta Bloom VCC- 231,600.00 ₹108.00 ₹25,012,800.00
Pentateam Inventure Capital 186,000.00 ₹108.00 ₹20,088,000.00

Agarwal Toughened Glass India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Agarwal Toughened Glass India IPO?

Agarwal Toughened Glass India IPO, based in Jaipur, operates in the   Glass sector with a focus on Manufactures tempered glasses. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Agarwal Toughened Glass India IPO size is ₹ 62.64 Cr. Crores with fresh issue size of Rs 62.64 Cr. Crores and Offer for sale being Nil.

When is Agarwal Toughened IPO allotment?

The IPO allotment date for Agarwal Toughened Glass India IPO is expected to be 3rd December 2024, after the finalization of basis of allotment. Investors can check Agarwal Toughened Glass India IPO allotment status on the registrars website, Kfin Technologies Limited. Agarwal Toughened Glass India IPO refund dates are 4th December 2024.

When is Agarwal Toughened Glass India IPO listing date?

Agarwal Toughened Glass India IPO is expected to be listed on 5th December 2024.

What is the price band for Agarwal Toughened IPO?

The upper price band for the Agarwal Toughened Glass India IPO is set at ₹ 108.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Agarwal Toughened Glass India IPO Review?

For IPO analysis on Agarwal Toughened Glass India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Agarwal Toughened Glass India IPO?

To apply for the Agarwal Toughened Glass India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd December 2024. After submission, funds are blocked until the basis of allotment of Agarwal Toughened Glass India IPO is finalised.

Who is the merchant banker of Agarwal Toughened IPO?

The merchant banker for Agarwal Toughened Glass India IPO is Cumulative Capital Private Limited . Cumulative Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Agarwal Toughened Glass India IPO RHP for further details.

Who is the Registrar of Agarwal Toughened Glass India IPO?

The registrar for Agarwal Toughened Glass India IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Agarwal Toughened Glass India IPO through their official website or helpline.

What is the Agarwal Toughened Glass India IPO subscription?

Agarwal Toughened Glass India IPO was subscribed 9.89 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 62.64 Cr. Avg IPO Size (Sector Based) : ₹ 35.92 Cr.
  • Sector: Glass SME IPO so far: 2
  • Merchant Banker: Cumulative Capital SME IPO by BRLM so far: 47
  • City: Jaipur SME IPO so far: 31
  • Revenue (annualised): ₹ 44.56 cr.
            PAT: (annualised): ₹ 9.06 cr.
  • PE Ratio: 21.03x Average Sector PE Ratio: 13.36x
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FAQs

Agarwal Toughened Glass India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Agarwal Toughened Glass India Financial Review Page

Agarwal Toughened Glass India IPO subscription was 9.89 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Agarwal Toughened Glass India IPO listed at a listing price of 135.00 against the offer price of 108.00.

The current market price of Agarwal Toughened Glass India is 115.70.

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