
Manufacturing · NSE
Incorporated in 2018, Agarwal Float Glass India Limited is engaged in trading glass and specialized glass products. As a wholesaler, the company procures high-quality products from manufacturers and sells them directly to customers or through sales managers. Part of the Agarwal Group, established in 1997 by Uma Shankar Agarwal and Mahesh Kumar Agarwal, the company delivers glass products across India for use in office buildings, hotels, institutions, banks, malls, and diplomatic residences. Its portfolio includes clear glass, value-added glass, and processed glass of varying thicknesses, such as toughened, frosted, figure, heat-strengthened, insulated, PVB laminated, and bullet-resistant glass. Agarwal Float Glass works closely with suppliers like Saint-Gobain India, Sisecam Flat Glass, Gold Plus Glass, Asahi India Glass, and Gujarat Guardian to ensure high-quality products and meet customer requirements.
Price Band
₹42
Issue Size
₹9.20 Cr
Lot Size
3000 shares
GMP
+2.4%
Est. Listing
₹43
at current GMP
Subscribed
5.16x
overall
Open
10 Feb 2023
Close
15 Feb 2023
Allotment
21 Feb 2023
Refund
22 Feb 2023
Demat Credit
23 Feb 2023
Listing
23 Feb 2023
Designated Registrar: Kfin Technologies Limited
Allotment Date
21 Feb 2023
Basis finalization
Refunds Initiate
22 Feb 2023
Mandate release
Demat Credit
23 Feb 2023
Shares in demat
Listing Debut
23 Feb 2023
Trading begins
Agarwal Float Glass India Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹9.2 Crores. The shares are offered at a price band of ₹42 to ₹42 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-02-15, the basis of allotment is scheduled to be finalized on 2023-02-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.