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Agarwal Float Glass India IPO vs ITCONS E-Solutions IPO

Comparison between Agarwal Float Glass India IPO and ITCONS E-Solutions IPO.

IPO Details

Agarwal Float Glass India IPO is a SME Fixed Price IPO proposed to list at NSE SME while ITCONS E-Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

 Agarwal Float Glass India IPOITCONS E-Solutions IPO
LogoAgarwal Float Glass India IPO LogoITCONS E-Solutions IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.Cameo Corporate Services Ltd.
Market MakerSMC Global Securities Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 ITCONS E-Solutions IPO is up to ₹8.23 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of ITCONS E-Solutions IPO is ₹51.00 per share.

 Agarwal Float Glass India IPOITCONS E-Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹42.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size20,76,000 shares16,14,000 shares
Fresh Issue Size (Amount)up to ₹8.72 Crup to ₹8.23 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,76,000 shares16,14,000 shares
Issue Size Total (Amount)up to ₹8.72 Crup to ₹8.23 Cr

IPO Timetable

Agarwal Float Glass India IPO opens on Feb 10, 2023, while ITCONS E-Solutions IPO opens on Feb 28, 2023. The closing date of Agarwal Float Glass India IPO and ITCONS E-Solutions IPO is Feb 15, 2023, and Mar 02, 2023, respectively.

 Agarwal Float Glass India IPOITCONS E-Solutions IPO
Anchor Bid Date
Issue OpenFeb 10, 2023Feb 28, 2023
Issue CloseFeb 15, 2023Mar 02, 2023
Basis Of Allotment (Tentative)Feb 20, 2023Mar 08, 2023
Initiation of Refunds (Tentative)Feb 21, 2023Mar 09, 2023
Credit of Share (Tentative)Feb 22, 2023Mar 10, 2023
Listing date (Tentative)Feb 23, 2023Mar 13, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Agarwal Float Glass India IPO P/E ratio is 5.68, as compared to ITCONS E-Solutions IPO P/E ratio of 12.09.

 Agarwal Float Glass India IPOITCONS E-Solutions IPO
Financials
Agarwal Float Glass India Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,767.313,227.438.83201.30-0.841,120.38
31-Mar-211,811.873,188.1324.73226.0223.881,175.30
31-Mar-221,761.794,216.91101.68327.68125.541,141.78
30-Sep-222,177.312,369.04267.75595.43393.291,167.91
Amount in ₹ Lakhs
ITCONS E-Solutions Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20351.17834.9510.5796.7895.64145.06
31-Mar-21341.21842.487.53104.31103.17136.33
31-Mar-22470.711,820.36119.11223.42222.28106.23
30-Sep-22792.371,605.05106.12462.23129.36176.70
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9989.67
Promoter Shareholding (Post-Issue)69.7759.36
P/E Ratio5.6812.09
Market Cap₹30.42 Cr.₹25.65 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Agarwal Float Glass India IPO Retail Individual Investors (RII) are offered 10,38,000 shares while in ITCONS E-Solutions IPO retail investors are offered 10,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Agarwal Float Glass India IPO and in ITCONS E-Solutions IPO.

 Agarwal Float Glass India IPOITCONS E-Solutions IPO
Anchor Investor Reserveration
Market Maker Reserveration1,14,000 shares86,000 shares
QIB
NII10,38,000 shares8,06,000 shares
RII10,38,000 shares8,08,000 shares
Employee
Others
Total20,76,000 shares16,14,000 shares

Bids Received (Subscription)

Agarwal Float Glass India IPO subscribed 5.16x in total, whereas ITCONS E-Solutions IPO subscribed 16.79x.

 Agarwal Float Glass India IPOITCONS E-Solutions IPO
QIB (times)
NII (times)3.13x16.12x
Big NII (times)
Small NII (times)
RII (times)7.20x17.45x
Employee (times)
Other (times)
Total (times)5.16x16.79x