Comparison between Agarwal Float Glass India IPO and Indong Tea IPO.
IPO Details
Agarwal Float Glass India IPO is a SME Fixed Price IPO proposed to list at NSE SME while Indong Tea IPO is a SME Fixed Price 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 Indong Tea IPO is up to ₹12.36 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Indong Tea IPO is ₹26.00 per share.
IPO Timetable
Agarwal Float Glass India IPO opens on Feb 10, 2023, while Indong Tea IPO opens on Feb 09, 2023. The closing date of Agarwal Float Glass India IPO and Indong Tea IPO is Feb 15, 2023, and Feb 13, 2023, respectively.
| | Agarwal Float Glass India IPO | Indong Tea IPO |
|---|
| Issue Open | Feb 10, 2023 | Feb 09, 2023 |
| Issue Close | Feb 15, 2023 | Feb 13, 2023 |
| Basis Of Allotment (Tentative) | Feb 20, 2023 | Feb 16, 2023 |
| Initiation of Refunds (Tentative) | Feb 21, 2023 | Feb 17, 2023 |
| Credit of Share (Tentative) | Feb 22, 2023 | Feb 20, 2023 |
| Listing date (Tentative) | Feb 23, 2023 | Feb 21, 2023 |
Financials & KPIs
Agarwal Float Glass India IPO P/E ratio is 5.68, as compared to Indong Tea IPO P/E ratio of 9.52.
Shares Offered
In the Agarwal Float Glass India IPO Retail Individual Investors (RII) are offered 10,38,000 shares while in Indong Tea IPO retail investors are offered 10,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Agarwal Float Glass India IPO and in Indong Tea IPO.
| | Agarwal Float Glass India IPO | Indong Tea IPO |
|---|
| Market Maker Reservation | 1,14,000 shares | 5,04,000 shares |
| NII | 10,38,000 shares | 23,76,000 shares |
| RII | 10,38,000 shares | 23,76,000 shares |
| Total | 20,76,000 shares | 47,52,000 shares |
Bids Received (Subscription)
Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Indong Tea IPO subscribed 4.97x.
