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.
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.
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 IPO | Viaz Tyres IPO |
|---|
| Issue Open | Feb 10, 2023 | Feb 16, 2023 |
| Issue Close | Feb 15, 2023 | Feb 21, 2023 |
| Basis Of Allotment (Tentative) | Feb 20, 2023 | Feb 24, 2023 |
| Initiation of Refunds (Tentative) | Feb 21, 2023 | Feb 27, 2023 |
| Credit of Share (Tentative) | Feb 22, 2023 | Feb 28, 2023 |
| Listing date (Tentative) | Feb 23, 2023 | Mar 01, 2023 |
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.
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 IPO | Viaz Tyres IPO |
|---|
| Market Maker Reservation | 1,14,000 shares | 1,62,000 shares |
| NII | 10,38,000 shares | 15,32,000 shares |
| RII | 10,38,000 shares | 15,32,000 shares |
| Total | 20,76,000 shares | 30,64,000 shares |
Bids Received (Subscription)
Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Viaz Tyres IPO subscribed 5.79x.
