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15 Days Price Change

Agarwal Float Glass IPO

Closing In

  • days
  • Hours
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Profile
Issue Size --
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Price Range 42  to  42 per share
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Min Investment ₹42
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Lot Size 1
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Face Value ₹10
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Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Basic Info

Face Value 10 per share

Price 42  to  42 per share

P/E (x) 10

Sales( Cr.) 72

PAT( Cr.) 3

EPS 4.2

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Uma Shankar Agarwal Mahesh Kumar Agarwal

Pre Issue Share Holding 99.99%

Post Issue Share Holding 69.77%

Listing Details:

Listing Price: 44

Listing Gain: 4.55%

Current Price: 39.9

Gain On Issue: 39.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Feb 10, 2023
Closing Date Feb 15, 2023
Allotment Feb 16, 2023
Refund Feb 17, 2023
Delivery of Shares Feb 17, 2023
Listing Date Feb 20, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 126,000
Retail (Max) 1 3000 126,000
S-HNI (Min) 2 6000 252,000
S-HNI (Max) 7 21000 882,000
B-HNI (Min) 8 24000 1,008,000

Objective of the Issue

1. Funding the working capital requirements of the company 2. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 1095000 3427350 3.1x
Retail 1095000 7884000 7.2x
EMP 0 0 0x
Total 2190000 11300400 5.2x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Agarwal Float Glass Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 32 32 42 48 79 72
Other Income 0 0 0 0 1 0
Total Income 32 32 42 48 80 72
Total Expenditure 31 30 40 44 78 66
Operating Profit 2 2 2 5 2 6
Interest 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0
Exceptional Income / Expenses -0 0 0 -0 0 0
Profit Before Tax 0 0 1 3 0 4
Provision for Tax 0 0 0 1 0 1
Profit After Tax 0 0 1 2 0 3
Adjustments 0 0 0 0 0 0
Profit After Adjustments 0 0 1 2 0 3
Adjusted Earnings Per Share 0.2 0.5 1.8 3.4 0.3 4.2

Agarwal Float Glass Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 2 4 15 15 19
Minority's Interest 0 0 0 0 0 0
Borrowings 1 2 3 2 1 1
Other Non-Current Liabilities 0 0 0 0 0 0
Total Current Liabilities 14 14 11 10 14 19
Total Liabilities 18 18 18 27 30 39
Fixed Assets 0 0 0 0 0 0
Other Non-Current Assets 1 0 0 0 0 5
Total Current Assets 16 18 17 27 30 34
Total Assets 18 18 18 27 30 39

Agarwal Float Glass Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0 1 1
Cash Flow from Operating Activities -9 0 1 -5 -1 2
Cash Flow from Investing Activities -0 -0 -0 -0 -0 -5
Cash Flow from Financing Activities 10 -1 -1 5 1 3
Net Cash Inflow / Outflow 1 -1 0 0 0 -0
Closing Cash & Cash Equivalent 1 0 0 1 1 1

Agarwal Float Glass Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.17 0.49 1.81 3.44 0.27 4.24
CEPS(Rs) 0.45 0.61 1.93 3.53 0.42 4.32
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 3.98 4.47 7.03 21.05 21.32 25.56
Core EBITDA Margin(%) 4.73 4.03 5.46 9.52 1.15 7.85
EBIT Margin(%) 4.41 4.63 5.47 9.64 1.84 7.9
Pre Tax Margin(%) 0.9 1.09 3.24 7.26 0.29 5.87
PAT Margin (%) 0.28 0.78 2.17 5.18 0.25 4.26
Cash Profit Margin (%) 0.71 0.98 2.32 5.31 0.38 4.34
ROA(%) 0.5 1.38 5.12 11.16 0.68 8.88
ROE(%) 4.39 11.57 31.44 26.53 1.27 18.09
ROCE(%) 10.7 10.75 15.7 23.5 5.5 17.59
Receivable days 105.36 109.98 80.73 76.36 54.54 46.73
Inventory Days 70.01 76.53 63.75 75.63 58.62 68.21
Payable days 47.7 43.96 22.63 14.25 6.55 6.39
PER(x) 0 0 0 10.75 196.87 11.8
Price/Book(x) 0 0 0 1.76 2.48 1.96
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0.4 0.44 0.32 0.73 0.64 0.74
EV/Core EBITDA(x) 7.45 9.01 5.66 7.31 32.54 9.23
Net Sales Growth(%) 0 -1.44 33.12 14.45 63.75 -8.68
EBIT Growth(%) 0 3.52 57.3 101.85 -68.68 290.9
PAT Growth(%) 0 179.64 269.82 172.76 -92.2 1477.75
EPS Growth(%) 0 179.64 269.81 90.3 -92.19 1477.48
Debt/Equity(x) 5.57 5.2 3.31 0.59 0.86 0.95
Current Ratio(x) 1.15 1.29 1.52 2.67 2.19 1.76
Quick Ratio(x) 0.72 0.77 0.85 1.43 1.24 1.03
Interest Cover(x) 1.26 1.31 2.45 4.04 1.18 3.9
Total Debt/Mcap(x) 0 0 0 0.34 0.35 0.48

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -9% 20% 18% 0%
Operating Profit CAGR 200% 44% 25% 0%
PAT CAGR 0% 44% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -19% 3% NA% NA%
ROE Average 18% 15% 18% 16%
ROCE Average 18% 16% 15% 14%

Company Contact Information

Agarwal Float Glass India Ltd.

H-1/790, Sitapura Industrial Area Ext Near Fire Bridge Office

IPO Lead Manager(s)

Agarwal Float Glass India Ltd.

GYR Capital Advisors Pvt Ltd.

Registrar Info

Agarwal Float Glass India Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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