IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Agarwal Float Glass India Ltd

Registered Office : H-1/790 Sitapura Industrial,Area Ext. Nr Fire Bridge Off.,Jaipur Rajasthan 302022 Phone : 91-7230043211
Fax :

Email : compliance@agarwalfloat.com

Website : www.agarwalfloat.com

Public issue of up to 21,90,000 equity shares of face value Rs. 10 each ("Equity Shares") of Agarwal Float Glass India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 42 per equity share (including a securities premium of Rs. 32 per equity share) (the "Issue Price"), aggregating to Rs. 9.20 crores ("Issue") of the issue, 1,14,000 equity shares aggregating to Rs. 0.48 crores is reserved for subscription by market maker ("Market Maker Reservation Portion.). The issue less the market maker reservation portion i.e. issue of 20,76,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 42 per equity share aggregating to Rs. 8.72 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.23% and 28.66%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is 4.2 times of the face value. Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue

Opens On

Closes On

10-Feb-2023

15-Feb-2023

Money Payable On

Application

Allotment

42.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

6.98

9.20

7.24

42.00

GYR Capital Advisors Pvt Ltd

Projects

Funding the working capital requirements of the company

General Corporate Purposes

Promoted By

Uma Shankar Agarwal

Mahesh Kumar Agarwal

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd