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Agarwal Float Glass India Ltd

Registered Office: H-1/790 Sitapura Industrial,Area Ext. Nr Fire Bridge Off., Jaipur - 302022, Rajasthan, India.
Phone : 91-7230043211   Fax:
Email :  compliance@agarwalfloat.com  
Website :  www.agarwalfloat.com

Public issue of up to 21,90,000 equity shares of face value Rs. 10 each ("Equity Shares") of Agarwal Float Glass India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 42 per equity share (including a securities premium of Rs. 32 per equity share) (the "Issue Price"), aggregating to Rs. 9.20 crores ("Issue") of the issue, 1,14,000 equity shares aggregating to Rs. 0.48 crores is reserved for subscription by market maker ("Market Maker Reservation Portion.). The issue less the market maker reservation portion i.e. issue of 20,76,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 42 per equity share aggregating to Rs. 8.72 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.23% and 28.66%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is 4.2 times of the face value. Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Feb-23 15-Feb-23 42.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 3000   Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 6.98 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 9.20  
Post Issue Equity Share Capital 7.24  
Issue Price 42.00  

Projects

  • Funding the working capital requirements of the company
  • General Corporate Purposes

Promoted By

Uma Shankar Agarwal

Mahesh Kumar Agarwal

Listing At

NSE - SME

Registrar to the Issue

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