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Agarwal Float Glass India IPO vs Viaz Tyres IPO

Comparison between Agarwal Float Glass India IPO and Viaz Tyres IPO.

IPO Details

Agarwal Float Glass India IPO is a SME Fixed Price IPO proposed to list at NSE SME while Viaz Tyres IPO is a SME Fixed Price proposed to list at NSE SME.

 Agarwal Float Glass India IPOViaz Tyres IPO
LogoAgarwal Float Glass India IPO LogoViaz Tyres IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India 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 Viaz Tyres IPO is up to ₹19.00 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Viaz Tyres IPO is ₹62.00 per share.

 Agarwal Float Glass India IPOViaz Tyres IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹42.00 per share₹62.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares2000 shares
Fresh Issue Size20,76,000 shares30,64,000 shares
Fresh Issue Size (Amount)up to ₹8.72 Crup to ₹19.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,76,000 shares30,64,000 shares
Issue Size Total (Amount)up to ₹8.72 Crup to ₹19.00 Cr

IPO Timetable

Agarwal Float Glass India IPO opens on Feb 10, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Agarwal Float Glass India IPO and Viaz Tyres IPO is Feb 15, 2023, and Feb 21, 2023, respectively.

 Agarwal Float Glass India IPOViaz Tyres IPO
Anchor Bid Date
Issue OpenFeb 10, 2023Feb 16, 2023
Issue CloseFeb 15, 2023Feb 21, 2023
Basis Of Allotment (Tentative)Feb 20, 2023Feb 24, 2023
Initiation of Refunds (Tentative)Feb 21, 2023Feb 27, 2023
Credit of Share (Tentative)Feb 22, 2023Feb 28, 2023
Listing date (Tentative)Feb 23, 2023Mar 01, 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 Viaz Tyres IPO P/E ratio of 24.9.

 Agarwal Float Glass India IPOViaz Tyres 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
Viaz Tyres Limited Financial Information (Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-202,429.971,994.3714.51432.931,895.94
31-Mar-212,713.322,917.2660.64493.562,047.89
31-Mar-222,898.382,933.04146.91640.471,996.09
30-Sep-223,405.872,379.10152.721,098.192,003.36
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9999.2
Promoter Shareholding (Post-Issue)69.7773.07
P/E Ratio5.6824.9
Market Cap₹30.42 Cr.₹75.96 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 Viaz Tyres IPO retail investors are offered 10,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Agarwal Float Glass India IPO and in Viaz Tyres IPO.

 Agarwal Float Glass India IPOViaz Tyres IPO
Anchor Investor Reserveration
Market Maker Reserveration1,14,000 shares1,62,000 shares
QIB
NII10,38,000 shares15,32,000 shares
RII10,38,000 shares15,32,000 shares
Employee
Others
Total20,76,000 shares30,64,000 shares

Bids Received (Subscription)

Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Viaz Tyres IPO subscribed 5.79x.

 Agarwal Float Glass India IPOViaz Tyres IPO
QIB (times)
NII (times)3.13x5.33x
Big NII (times)
Small NII (times)
RII (times)7.20x6.25x
Employee (times)
Other (times)
Total (times)5.16x5.79x