
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹42
Band: ₹42
Estimated Listing Price
₹43
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,26,000
Estimated Profit / Lot
₹3,000
3000 × ₹1
Grey Market Premium trend
+₹1
▲ 0 today
Updated 12 months ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 24 Mar 2025 | +₹1 | 2.4% | ₹43 |
| 4 Apr 2025 | +₹1 | 2.4% | ₹43 |
| 12 Nov 2025 | +₹1 | 2.4% | ₹43 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Agarwal Float Glass India Limited IPO is ₹1, which indicates an expected listing price of ₹43.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.