Gold Plus Glass Limited
Gold Plus Glass Limited
With a 16% market share in fiscal 2021, Gold Plus Glass Limited is the second largest float glass manufacturer in India. Also, it has a 15% market share in the sales of the clear glass industry and 30% in the sales of the value-added glass industry. They have broadened their product line with 11 processed glass products and 22 value-added glass products.
The organization engaged in these products:
Clear Glass
Clear glass is transparent glass that protects against fire, heat, and chemical impact. It’s mostly used across various applications like doors, windows, furniture, staircases, balconies, shelves, etc.
Value-added Glass
Value-added glass segments include reflective, frosted, tinted mirrors, and low e-glass.
Processed Glass
This category includes heat-strengthened glass, toughened glass, bullet-resistance glass, ceramic insulated glass, and PVB laminated glass.
- To meet working capital requirements
- Repaying market borrowings
Purpose of issuing an IPO
Financial Highlights
| Particulars | For the year (Amt. in millions) | |
| FY 2021 | FY 2020 | |
| Revenue from operation | 8525.81 | 6286.53 |
| EBITDA | 1573.16 | 376.70 |
| Profit After Tax | 576.46 | 799.06 |
| ROE | 27.21 | 51.85 |
IPO Details
| Opening Date | To be updated |
| Closing Date | To be updated |
| Face Value | To be updated |
| Issue Size | To be updated |
| Allotment Date | To be updated |
| Listing Date | To be updated |
| Listing At | NSE, BSE |
