Agarwal Float Glass India Limited
Agarwal Float Glass India Limited
Agarwal Float Glass India Limited, founded in 2018, is a glass trading company that sells glass products worldwide. As a distributor of glass products, they buy high-quality products from manufacturers and sell them to customers directly or through a sales manager. Their suppliers include Asahi India Glass Limited, Saint-Gobain India Private Limited, Gujarat Guardian Limited, Gold Plus Glass Industry Limited, and Sisecam Flat Glass India Private Limited.
This company plays a key role in the Agarwal Group. The group was founded in 1997 by Mahesh Kumar Agarwal, and Uma Shankar Agarwal in order to trade in glass and glass products.
The company’s products are served across the country. Their products are used in various areas like hotels, institutions, buildings, shopping, shopping malls, banks, etc.
Agarwal Float Glass Limited also offers processed glass, including:
- Frosted Glass
- Toughened Glass
- Insulated Glass
- Figure Glass
- Bullet-resistant Glass
- Insulated Glass
Purpose of the IPO
- To fulfill the working capital requirements
- To meet general organization expenses
Consolidated Company Financials (Amount in lakhs)
|
Period Ended |
Total Assets |
Total Borrowing |
Total Revenue |
Net Worth |
|
31-Mar-21 |
1811.87 |
1175.30 |
3188.13 |
226.02 |
|
31-Mar-22 |
1761.79 |
1141.78 |
4216.91 |
327.68 |
|
30-Sep-22 |
2177.31 |
1167.91 |
2369.04 |
595.43 |
IPO Details
|
Opening Date |
Feb 10, 2023 |
|
Closing Date |
Feb 15, 2023 |
|
Face Value |
Rs.10 each share |
|
Price |
Rs.42 each share |
|
Listing Date |
Feb 23, 2023 |
|
Issue Size |
2,190,000 shares (up to Rs. 9.20 crore)
|
|
Fresh Issue |
2,190,000 shares (up to Rs. 9.20 crore)
|
|
Listing At |
NSE SME |
