Agarwal Toughened Glass India IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Agarwal Toughened Glass India Limited IPO GMP

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Agarwal Toughened Glass India, an Book Built Issue amounting to ₹62.63 Crores, consisting entirely an Fresh Issue of 57.99 Lakh Shares. The subscription period for the Agarwal Toughened Glass India IPO opens on November 28, 2024, and closes on December 02, 2024. The allotment is expected to be finalized on or about Tuesday, December 03, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Thursday, December 05, 2024.

The Share price band of Agarwal Toughened Glass India IPO is set at ₹105 to 108 per equity share. The Market Capitalisation of the Agarwal Toughened Glass India Limited at IPO price of ₹108 per equity share will be ₹190.88 Crores. The lot size of the IPO is 1,200 shares. Retail investors are required to invest a minimum of ₹1,29,600, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹2,59,200.

CUMULATIVE CAPITAL PRIVATE LIMITED is the book-running lead manager while KFIN TECHNOLOGIES LIMITED is the registrar for the Issue. Nikunj Stock Brokers Limited is Market Maker for the Agarwal Toughened Glass India IPO.

Agarwal Toughened Glass India Limited IPO GMP Today
The Grey Market Premium of Agarwal Toughened Glass India Limited IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Agarwal Toughened Glass India Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:00 PM on 2 December 2024, the Agarwal Toughened Glass India IPO live subscription status shows that the IPO subscribed 9.25 times on its Final day of subscription period. Check the Agarwal Toughened Glass India IPO Live Subscription Status today at NSE.

Agarwal Tiughened Glass India IPO Anchor Investors Report
Agarwal Toughened Glass India has raised ₹17.82 Crores from Anchor Investors at a price of ₹108 per shares in consultation of the Book Running Lead Managers. The company allocated 16,50,000 equity shares to the Anchor Investors. Check Full List of Agarwal Toughened Glass India Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Agarwal Toughened Glass India Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Agarwal Toughened Glass India IPO allotment date is 03 December, 2024, Tuesday. Agarwal Toughened Glass India IPO Allotment will be out on 3rd December 2024 and will be live on Registrar Website from the allotment date. Check Agarwal Toughened Glass India IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Agarwal Toughened Glass India Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Agarwal Toughened Glass India Limited IPO
Agarwal Toughened Glass India Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1) 966.81 Lakhs is required for the Purchase of machinery at our existing manufacturing unit;
2) 
600.00 Lakhs is required for the Repayment of certain Borrowings;
3) 2,500.00 Lakhs is required to meet incremental working capital requirements; and
4) General Corporate Expenses.

Refer to Agarwal Toughened Glass India Limited RHP for more details about the Company.

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