Agarwal Toughened Glass India IPO
smelistedAbout the company
Agarwal Toughened Glass (AGL), incorporated in 2009 and headquartered in Jaipur, manufactures toughened glass, laminated glass, and double-glazed units. It primarily serves B2B clients (92% of sales) in the construction, automotive, and industrial sectors across India, AGL has a strong presence in Rajasthan (72% of sales). The company generated ₹38 crore in revenue in FY24.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed28 Nov 2024Bidding starts for all investor categories
IPO Closes
Completed02 Dec 2024Last day to place your bid
Basis of Allotment
Completed03 Dec 2024Share allotment finalised
Refund Initiation
Completed04 Dec 2024Refunds credited for non-allottees
Credit to Demat
Completed04 Dec 2024Allotted shares credited to demat account
Listing on Exchange
Completed05 Dec 2024Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1200 | ₹129,600 | 1 | ₹129,600 | 1 lot only |
| HNI | 2 | 2400 | ₹259,200 | 2 | ₹259,200 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,957,747 | 31.5 | 0 | 0.00x | 100% |
| NII | 15% | 887,324 | 9.45 | 0 | 0.00x | 100% |
| Retail | 35% | 2,070,423 | 22.05 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
