Comparison between Agarwal Float Glass India IPO and Earthstahl IPO.
IPO Details
Agarwal Float Glass India IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Earthstahl IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Agarwal Float Glass India IPO is up to ₹8.72 Cr whereas the issue size of the Earthstahl IPO is up to ₹12.29 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Earthstahl IPO is ₹40.00 per share.
IPO Timetable
Agarwal Float Glass India IPO opens on Feb 10, 2023, while Earthstahl IPO opens on Jan 27, 2023. The closing date of Agarwal Float Glass India IPO and Earthstahl IPO is Feb 15, 2023, and Jan 31, 2023, respectively.
| | Agarwal Float Glass India IPO | Earthstahl IPO |
|---|
| Issue Open | Feb 10, 2023 | Jan 27, 2023 |
| Issue Close | Feb 15, 2023 | Jan 31, 2023 |
| Basis Of Allotment (Tentative) | Feb 20, 2023 | Feb 03, 2023 |
| Initiation of Refunds (Tentative) | Feb 21, 2023 | Feb 06, 2023 |
| Credit of Share (Tentative) | Feb 22, 2023 | Feb 07, 2023 |
| Listing date (Tentative) | Feb 23, 2023 | Feb 08, 2023 |
Financials & KPIs
Agarwal Float Glass India IPO P/E ratio is 5.68, as compared to Earthstahl IPO P/E ratio of 4.22.
Shares Offered
In the Agarwal Float Glass India IPO Retail Individual Investors (RII) are offered 10,38,000 shares while in Earthstahl IPO retail investors are offered 10,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Agarwal Float Glass India IPO and 9,18,000 shares in Earthstahl IPO.
| | Agarwal Float Glass India IPO | Earthstahl IPO |
|---|
| Market Maker Reservation | 1,14,000 shares | 1,68,000 shares |
| QIB | | 9,18,000 shares |
| NII | 10,38,000 shares | 10,77,000 shares |
| RII | 10,38,000 shares | 10,77,000 shares |
| Total | 20,76,000 shares | 30,72,000 shares |
Bids Received (Subscription)
Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Earthstahl IPO subscribed 235.18x.
