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Agarwal Float Glass India IPO vs Patron Exim IPO

Comparison between Agarwal Float Glass India IPO and Patron Exim IPO.

IPO Details

Agarwal Float Glass India IPO is a SME Fixed Price IPO proposed to list at NSE SME while Patron Exim IPO is a SME Fixed Price proposed to list at BSE SME.

 Agarwal Float Glass India IPOPatron Exim IPO
LogoAgarwal Float Glass India IPO LogoPatron Exim IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Interactive Financial Services Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerSMC Global Securities Ltd.Sunflower Broking Pvt.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 Patron Exim IPO is up to ₹15.83 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Patron Exim IPO is ₹27.00 per share.

 Agarwal Float Glass India IPOPatron Exim IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹42.00 per share₹27.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares4000 shares
Fresh Issue Size20,76,000 shares58,64,000 shares
Fresh Issue Size (Amount)up to ₹8.72 Crup to ₹15.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,76,000 shares58,64,000 shares
Issue Size Total (Amount)up to ₹8.72 Crup to ₹15.83 Cr

IPO Timetable

Agarwal Float Glass India IPO opens on Feb 10, 2023, while Patron Exim IPO opens on Feb 21, 2023. The closing date of Agarwal Float Glass India IPO and Patron Exim IPO is Feb 15, 2023, and Feb 24, 2023, respectively.

 Agarwal Float Glass India IPOPatron Exim IPO
Anchor Bid Date
Issue OpenFeb 10, 2023Feb 21, 2023
Issue CloseFeb 15, 2023Feb 24, 2023
Basis Of Allotment (Tentative)Feb 20, 2023Mar 01, 2023
Initiation of Refunds (Tentative)Feb 21, 2023Mar 02, 2023
Credit of Share (Tentative)Feb 22, 2023Mar 03, 2023
Listing date (Tentative)Feb 23, 2023Mar 06, 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 Patron Exim IPO P/E ratio of 28.72.

 Agarwal Float Glass India IPOPatron Exim 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
Patron Exim Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-201,634.012,516.442.20259.43137.18
31-Mar-21810.932,053.727.31270.43236.99
31-Mar-221,464.57501.6183.11514.460.00
30-Nov-222,447.611,054.12145.411,625.87617.64
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9997.06
Promoter Shareholding (Post-Issue)69.7771.18
P/E Ratio5.6828.72
Market Cap₹30.42 Cr.₹62.59 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 Patron Exim IPO retail investors are offered 10,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Agarwal Float Glass India IPO and in Patron Exim IPO.

 Agarwal Float Glass India IPOPatron Exim IPO
Anchor Investor Reserveration
Market Maker Reserveration1,14,000 shares3,16,000 shares
QIB
NII10,38,000 shares29,32,000 shares
RII10,38,000 shares29,32,000 shares
Employee
Others
Total20,76,000 shares58,64,000 shares

Bids Received (Subscription)

Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Patron Exim IPO subscribed 1.07x.

 Agarwal Float Glass India IPOPatron Exim IPO
QIB (times)
NII (times)3.13x0.97x
Big NII (times)
Small NII (times)
RII (times)7.20x1.17x
Employee (times)
Other (times)
Total (times)5.16x1.07x