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Agarwal Float Glass India Limited IPO Review & Recommendations

 

Agarwal Float Glass India Limited IPO

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Agarwal Float Glass India Limited IPO Review
This Company is engaged with the trading of glass and specialized glass products by procuring quality products from manufacturers and selling them either through their sales managers or directly to their customers, as the wholesaler of glass and glass products. Their Products are Annealed Glass, Toughened or Heat Strengthened Glass, Insulated Glass, Laminated Glass, Ceramic fritted glass, Acid frosted glass, Heat-soaked glass, and Sandblasted glass. Their Company is a wholesaler of glass and glass products and operated from its Registered Office and go downs. Their Company has devised an extensive supplier selection process in order to identify and evaluate the effectiveness and quality of the products manufactured by the suppliers, develop long-term relationships between buyers & suppliers and reduce purchase risk, and maximize overall value to the purchaser.

Agarwal Float Glass India Limited Products and Services
Their Products are products cater to a range of end-use industries including construction, automotive, and industrial sectors, with a variety of applications such as exterior and interior spaces of residential and commercial buildings. Their product portfolio largely consists of clear glass, different kinds of value-added glass products, and processed glass products, of varying thicknesses. Their Business Strategies are leveraging their Market Skills and Relationships, improving operational efficiencies, and establishing long-term relationships.

Financial Overview
Per the balance statement of the company, Their Company is fully dependent on 3rd party supply. The issue is the Cost-effective price. It’s a well-Informed IPO. The investor may apply for this IPO after doing the required research.

Frequently Asked Question

Post-issue shareholding of the Agarwal Float Glass India Limited IPO promoter is 69.77%.
If allotted, you will receive Agarwal Float Glass India Limited IPO shares in your Demat account on Feb 22, 2023.
Lot size of the Agarwal Float Glass India Limited IPO is 3000 shares.
Closing date of Agarwal Float Glass India Limited IPO is Feb 15, 2023.
Per share price of Agarwal Float Glass India Limited IPO is ₹42 per share.
Face value of Agarwal Float Glass India Limited IPO is ₹10 per share.
Agarwal Float Glass India Limited IPO Shares will get listed at NSE SME.
Pre-issue shareholding of the Agarwal Float Glass India Limited IPO promoter is 99.99%.
Agarwal Float Glass India Limited IPO shares will get listed on Feb 23, 2023.
Opening date of Agarwal Float Glass India Limited IPO is Feb 10, 2023.
IPO application is an online process by using UPI or ASBA as payment method. ASBA IPO application is already available in the net banking of your respective bank account and UPI application is offered by your Stock broker, you can invest in SVS Limited IPO using any neatest method as per your convenience.
If you do not get the allotment of Agarwal Float Glass India Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
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