Agarwal Toughened Glass India Ltd

Agarwal Toughened Glass India Ltd IPO

Agarwal Toughened Glass India Ltd IPO Price Range is ₹105 - 108, with a minimum investment of ₹1,29,600 for 1200 shares.

₹1,29,600

/ 1200 shares

Minimum Investment

View Agarwal Toughened Glass India Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹105 - 108

Open Date

2024-11-28

Close Date

2024-12-02

IPO Size

₹62.64 Cr

Lot Size

1200 shares

Min Investment

₹1,29,600

Listing Exchange

NSE

Agarwal Toughened Glass India Ltd IPO Application Timeline

passed
Open Date28 Nov 2024
passed
Close Date2 Dec 2024
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Allotment Date3 Dec 2024
passed
Listing Date5 Dec 2024

Strengths and Risks

Strengths

Strengths

  • Continue to invest in infrastructure.

  • Expand our current business relationships.

  • Focus on consistently meeting quality standards.

  • Improving operational efficiencies.

  • Strong brand presence in Indian Market.

  • A combination of experience and expertise.

  • Long Standing Relationship with our customers.

  • Consistent focus on quality.

  • Strong Risk Management.


Risks

Risks

  • The company depends on a few customers of its products, for a significant portion of the companys revenue, and any decrease in revenues or sales from any one of its key customers may adversely affect the companys business and results of operations.

  • The company generally do business with its customers on purchase order basis and does not enter into long term contracts with them. Its inability to maintain relationships with the company customers could have an adverse effect on its business, prospects, results of operations and financial condition.

  • If the company is unable to attract new clients or retain its existing clients or default in payments, the growth of its business and cash flows will be adversely affected.

  • The company is dependent upon few suppliers for the material requirements of its business. Further, the company does not have definitive agreements or fixed terms of trade with most of its suppliers. Failures to successfully leverage its relationships with existing suppliers or to identify new suppliers could adversely affect its business operations.

  • The commercial success of its products depends to a large extent on the success of the products of its end use customers. If the demand for the end use products in which the company products are used as a raw materials declines, it could have a material adverse effect on its business, financial condition and results of operations.

  • Its manufacturing units and the company operations are geographically concentrated in Rajasthan. Consequently, the company is exposed to risks from economic, regulatory and other developments in the region which could have an adverse effect on its business, results of operations and financial condition. Further, its continued operations are critical to the companys business and any shutdown of its manufacturing units may adversely affect the companys business, results of operations and financial condition.

  • The company is dependent on its manufacturing units, and any loss, or shutdown, or under- utilization of the production capacities of its manufacturing units may have an adverse effect on its business, financial condition and results of operations.

  • Manufacturing of glass involve hazardous processes that can cause personal injury and loss of life, severe damage to and destruction of property and equipment, which could result in incurring material liabilities, loss of revenues and increased expenses.

  • The company has experienced growth in the previous years on account of diversified product mix, which may not continue in the future and accordingly, its revenues may decline.

  • The Company is yet to place orders for 100% towards purchase of plant and machinery. Any delay in placing orders or procurement of such plant and machinery may further delay the schedule of implementation and increase the cost of commissioning the manufacturing unit.

How to Apply for Agarwal Toughened Glass India Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Agarwal Toughened Glass India Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Agarwal Toughened Glass India Ltd

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.

Frequently Asked Questions of Agarwal Toughened Glass India Ltd IPO

What is the size of the Agarwal Toughened Glass India Ltd IPO?

The size of the Agarwal Toughened Glass India Ltd IPO is ₹62.64 Cr.

What is the allotment date of the Agarwal Toughened Glass India Ltd IPO?

Agarwal Toughened Glass India Ltd IPO allotment date is Dec 3, 2024 (tentative).

What are the open and close dates of the Agarwal Toughened Glass India Ltd IPO?

The Agarwal Toughened Glass India Ltd IPO will open on Nov 28, 2024 and close on Dec 2, 2024

What is the lot size of Agarwal Toughened Glass India Ltd IPO?

The lot size for the Agarwal Toughened Glass India Ltd IPO is 1200.

When will my Agarwal Toughened Glass India Ltd IPO order be placed?

Your Agarwal Toughened Glass India Ltd IPO order will be placed on Nov 28, 2024

Can we invest in Agarwal Toughened Glass India Ltd IPO?

Yes, once Agarwal Toughened Glass India Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Agarwal Toughened Glass India Ltd IPO?

The potential listing gains on the Agarwal Toughened Glass India Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Agarwal Toughened Glass India Ltd IPO?

'Pre-apply' for Agarwal Toughened Glass India Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.