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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Agarwal Toughened Glass India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹108
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,29,600
Issue Size
₹62.64 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
95.16%
Promoter Holding (Post-Issue)
63.94%
Issue Type
Book Building - SME
ISIN
INE0P8X01016
We are a company that produces toughened glass by processing several types of glass. We provide a range of thickness and size options for our hardened value-added glasses. Processing the float glass yields the toughened value addition glasses. Following the manufacturing of toughened glass, various types of glasses are produced, including laminated, frosted, tinted, reflecting, clear, and double-glazed toughened glass. Toughened glass is used in many demanding applications because of its strength and safety, such as shower doors, refrigerator trays, mobile screen protectors, bulletproof glass for diving masks, and a variety of plates and cookware. It is also used in architectural glass doors and tables. Toughened glass is also frequently utilized as dividers in buildings housing residential and commercial apartments, hospitals, airports, shopping centers, stairwells, balustrades, and other architectural elements.
Due to the COVID-19 pandemic, the global Float Glass market size is estimated to be worth US$ 24180 million in 2022 and is forecast to a readjusted size of US$ 32780 million by 2028 with a CAGR of 5.2% during the review period. Fully considering the economic change by this health crisis. Float glass is produced in wide-ranging dimensions, and is available in sizes of 4 mm to 25 mm thickness. Apart from aesthetic utility, it serves functional utility such as privacy, energy conservation, safety, protection against fire, and noise insulation. Float glass is largely being used as a material in building and construction industry. It directly or indirectly competes with other building materials such as paints, plywood and laminates and ceramic tiles. Float glass is expected to be amongst the fastest growing building materials in India.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 57,99,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company at an issue price of Rs. 108/- per equity share (including a share premium of Rs. 98/- per equity share) for cash, aggregating to Rs. 62.64 crores ("Public Issue") out of which 2,97,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 108/- per equity share for cash, aggregating to Rs. 3.21 crores was reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. net issue of 55,02,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 108/- per equity share for cash, aggregating to Rs. 59.42 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 32.81 % and 31.13 % respectively of the post-issue paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was incorporated on October 30, 2009 as `Agarwal Toughened Glass India Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated October 30, 2009 issued by the Registrar of Companies, Rajasthan. Further, our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in its meeting held on January 2, 2023, and by the Shareholders in an Extraordinary General Meeting held on January 30, 2023 and consequently the name of our Company was changed to `Agarwal Toughened Glass India Limited' and a fresh certificate of incorporation dated March 6, 2023 was issued by the Registrar of Companies, Rajasthan at Jaipur.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.