Agarwal Toughened Glass IPO vs Purple United Sales IPO

Comparison between Agarwal Toughened Glass IPO and Purple United Sales IPO.

IPO Details

Agarwal Toughened Glass IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Purple United Sales IPO is a SME Bookbuilding proposed to list at NSE SME.

	Agarwal Toughened Glass IPO	Purple United Sales IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Cumulative Capital Pvt.Ltd.	Expert Global Consultants Pvt.Ltd.
Registrar	Kfin Technologies Ltd.	Kfin Technologies Ltd.
Market Maker	Nikunj Stock Brokers Ltd.	Prabhat Financial Services Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Agarwal Toughened Glass IPO is up to ₹59.42 Cr whereas the issue size of the Purple United Sales IPO is up to ₹31.16 Cr. The final issue price of Agarwal Toughened Glass IPO is ₹108.00 per share and of Purple United Sales IPO is ₹126.00 per share.

	Agarwal Toughened Glass IPO	Purple United Sales IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹105.00 per share	₹121.00 per share
Issue Price (Upper)	₹108.00 per share	₹126.00 per share
Issue Price (Final)	₹108.00 per share	₹126.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	55,02,000 shares	24,73,000 shares
Fresh Issue Size (Amount)	up to ₹59.42 Cr	up to ₹31.16 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	55,02,000 shares	24,73,000 shares
Issue Size Total (Amount)	up to ₹59.42 Cr	up to ₹31.16 Cr

IPO Timetable

Agarwal Toughened Glass IPO opens on Nov 28, 2024, while Purple United Sales IPO opens on Dec 11, 2024. The closing date of Agarwal Toughened Glass IPO and Purple United Sales IPO is Dec 02, 2024, and Dec 13, 2024, respectively.

	Agarwal Toughened Glass IPO	Purple United Sales IPO
Anchor Bid Date	Nov 27, 2024	Dec 10, 2024
Issue Open	Nov 28, 2024	Dec 11, 2024
Issue Close	Dec 02, 2024	Dec 13, 2024
Basis Of Allotment (Tentative)	Dec 03, 2024	Dec 16, 2024
Initiation of Refunds (Tentative)	Dec 04, 2024	Dec 17, 2024
Credit of Share (Tentative)	Dec 04, 2024	Dec 17, 2024
Listing date (Tentative)	Dec 05, 2024	Dec 18, 2024
Anchor Lockin End date 1	Jan 01, 2025	Jan 14, 2025
Anchor Lockin End date 2	Mar 02, 2025	Mar 15, 2025

Financials & KPIs

Agarwal Toughened Glass IPO P/E ratio is 14.77, as compared to Purple United Sales IPO P/E ratio of 18.33.

Agarwal Toughened Glass IPO

Purple United Sales IPO

Financials

Agarwal Toughened Glass India Limited Financial Information (Restated)

Agarwal Toughened Glass India Limited's revenue decreased by -0.25% and profit after tax (PAT) rose by 795.66% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	5,707.55	5,154.85	4,062.32	3,620.49
Total Income	2,349.73	4,050.26	4,060.32	3,471.99
Profit After Tax	453.92	868.52	96.97	50.18
Net Worth	2,084.72	1,630.80	762.28	665.31
Reserves and Surplus	897.22	443.30	287.28	190.31
Total Borrowing	3,055.39	2,924.51	2,876.68	2,641.92
Amount in ₹ Lakhs

Purple United Sales Limited Financial Information (Restated)

Purple United Sales Limited's revenue increased by 67% and profit after tax (PAT) rose by 223% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,033.67	4,913.96	3,250.92	2,278.96
Total Income	3,052.04	4,291.59	2,571.1	1,656.19
Profit After Tax	329.28	481.54	149.22	177.16
Net Worth	2,368.62	1,733.64	1,036.58	617.59
Reserves and Surplus	1,668.04	1,070.34	428.5	63.77
Total Borrowing	3,366.66	2,562.8	1,187.42	1,105.76
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

95.16

87.54

Promoter Shareholding (Post-Issue)

63.94

63.82

P/E Ratio

14.77

18.33

Market Cap

₹190.89 Cr.

₹121.08 Cr.

ROE

21.77%

ROCE

19.78%

19.35%

Debt/Equity

1.47

1.48

EPS

₹7.31

₹6.87

RoNW

21.77%

27.78%

Shares Offered

In the Agarwal Toughened Glass IPO Retail Individual Investors (RII) are offered 19,26,000 shares while in Purple United Sales IPO retail investors are offered 19,26,000 shares. Qualified Institutional Buyers (QIB) are offered 11,00,400 shares in Agarwal Toughened Glass IPO and 4,95,000 shares in Purple United Sales IPO.

	Agarwal Toughened Glass IPO	Purple United Sales IPO
Anchor Investor Reserveration	16,50,000 shares	7,41,000 shares
Market Maker Reserveration	2,97,600 shares	1,31,000 shares
QIB	11,00,400 shares	4,95,000 shares
NII	8,25,600 shares	3,71,000 shares
RII	19,26,000 shares	8,66,000 shares
Employee
Others
Total	55,02,000 shares	24,73,000 shares

Bids Received (Subscription)

Agarwal Toughened Glass IPO subscribed 9.89x in total, whereas Purple United Sales IPO subscribed 160.08x.

	Agarwal Toughened Glass IPO	Purple United Sales IPO
QIB (times)	4.49x	86.30x
NII (times)	15.17x	269.70x
Big NII (times)
Small NII (times)
RII (times)	10.71x	155.29x
Employee (times)
Other (times)
Total (times)	9.89x	160.08x

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