AGARWAL TOUGHENED GLASS INDIA LIMITED (NSE SME)
Nov 28, 2024 - Dec 2, 2024
| Price | ₹105 - ₹108 |
| Premium | ₹10 |
|---|---|
| Lot size | 1200 |
| Allotment | Dec 3, 2024 |
| Listing | Dec 5, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 129600 | 1605 |
| HNI | 2 | 2400 | 259200 | 688 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.21% | 1926000 |
| NII (HNI) | 14.24% | 825600 |
| Anchor | 28.45% | 1650000 |
| QIB | 18.97% | 1100400 |
| Market Maker | 5.13% | 297600 |
| Total | 100.00% | 5799600 |
IPO Details
| Issue Size | 5,799,600 shares (aggregating up to 62.64 Cr) |
| Fresh Issue | 5,799,600 shares (aggregating up to 62.64 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 1,18,75,000 |
| Share holding post issue | 1,76,74,600 |
| Market Maker portion | 297,600 shares |
| Market Maker | Nikunj Stock Brokers |
Key Performance Indicators
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 21.77% | 72.59% | 13.59% |
| ROCE | 19.78% | 31.34% | 9.73% |
| RONW | 21.77% | 53.26% | 12.72% |
| D/E | 1.47 | 1.81 | 3.95 |
| EPS (basic) | 3.82 | 7.31 | 0.82 |
| P/E Pre IPO | 14.77 | ||
| P/E Post IPO | 21.03 |
Financial Statement (Restated) In Lakhs.
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 5,708 | 5,155 | 4,062 | 3,620 |
| Revenue | 2,350 | 4,050 | 4,060 | 3,472 |
| Profit After Tax | 454 | 869 | 97 | 50 |
| Net Worth | 2,085 | 1,631 | 762 | 665 |
| Reserves and Surplus | 897 | 443 | 287 | 190 |
| Total Borrowing | 3,055 | 2,925 | 2,877 | 2,642 |
About Company
Agarwal Toughened Glass India Limited, founded in 2009, specializes in the manufacturing and processing of toughened glass, catering to diverse applications. The company produces a wide range of glass types, including laminated, frosted, tinted, reflective, clear, and double-glazed toughened glass, serving various industries and uses. Its products are utilized in shower doors, refrigerator trays, mobile screen protectors, bulletproof glass, diving masks, plates, cookware, and architectural components like doors, tables, partitions, and balustrades. These applications extend across residential and commercial buildings, hospitals, airports, shopping malls, stairwells, and other architectural elements. The company’s workforce of 207 employees, as of September 30, 2024, includes directors, administrative, secretarial, marketing, and accounting staff, ensuring smooth operations across all departments.
Cumulative Capital Private Limited
Strong Brand Presence: Established reputation in the Indian toughened glass market since 2009.
Experience and Expertise: Proven manufacturing capabilities across diverse glass types and applications.
Customer Loyalty: Long-standing relationships with clients built on quality and reliability.
Revenue Concentration: Dependence on a few key customers for a significant portion of revenue poses risks if sales or relationships decline.
Lack of Long-Term Contracts: Reliance on purchase orders rather than long-term agreements increases business uncertainty.
Client Retention Challenges: Inability to attract new clients, retain existing ones, or manage payment defaults could impact growth and cash flows.
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: atgil.ipo@kfintech.com