Agarwal Toughened Glass IPO vs Rajesh Power IPO

Comparison between Agarwal Toughened Glass IPO and Rajesh Power IPO.

IPO Details

Agarwal Toughened Glass IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajesh Power IPO is a SME Bookbuilding proposed to list at BSE SME.

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 Rajesh Power IPO is up to ₹152.29 Cr. The final issue price of Agarwal Toughened Glass IPO is ₹108.00 per share and of Rajesh Power IPO is ₹335.00 per share.

 Agarwal Toughened Glass IPORajesh Power IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹105.00 per share₹319.00 per share
Issue Price (Upper)₹108.00 per share₹335.00 per share
Issue Price (Final)₹108.00 per share₹335.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares400 shares
Fresh Issue Size55,02,000 shares25,46,000 shares
Fresh Issue Size (Amount)up to ₹59.42 Crup to ₹85.29 Cr
OFS Issue Size0 shares20,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹67.00 Cr
Issue Size Total55,02,000 shares45,46,000 shares
Issue Size Total (Amount)up to ₹59.42 Crup to ₹152.29 Cr

IPO Timetable

Agarwal Toughened Glass IPO opens on Nov 28, 2024, while Rajesh Power IPO opens on Nov 25, 2024. The closing date of Agarwal Toughened Glass IPO and Rajesh Power IPO is Dec 02, 2024, and Nov 27, 2024, respectively.

 Agarwal Toughened Glass IPORajesh Power IPO
Anchor Bid DateNov 27, 2024Nov 22, 2024
Issue OpenNov 28, 2024Nov 25, 2024
Issue CloseDec 02, 2024Nov 27, 2024
Basis Of Allotment (Tentative)Dec 03, 2024Nov 28, 2024
Initiation of Refunds (Tentative)Dec 04, 2024Nov 29, 2024
Credit of Share (Tentative)Dec 04, 2024Nov 29, 2024
Listing date (Tentative)Dec 05, 2024Dec 02, 2024
Anchor Lockin End date 1Jan 01, 2025Dec 28, 2024
Anchor Lockin End date 2Mar 02, 2025Feb 26, 2025

Financials & KPIs

Agarwal Toughened Glass IPO P/E ratio is 14.77, as compared to Rajesh Power IPO P/E ratio of 19.59.

 Agarwal Toughened Glass IPORajesh Power IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets57.0851.5540.6236.20
Total Income23.5040.5040.6034.72
Profit After Tax4.548.690.970.50
NET Worth20.8516.317.626.65
Reserves and Surplus8.974.432.871.90
Total Borrowing30.5529.2528.7726.42
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets338.22240.39198.23175.63
Total Income317.85295.06211.18149.37
Profit After Tax27.6826.026.753.45
NET Worth111.2284.3058.6652.29
Reserves and Surplus96.0069.0843.4437.07
Total Borrowing79.7377.6759.7162.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.16100
Promoter Shareholding (Post-Issue)63.9473.4
P/E Ratio14.7719.59
Market Cap₹190.89 Cr.₹603.25 Cr.
ROE21.7724.89
ROCE19.7825.61
Debt/Equity1.470.92
EPS₹7.31₹17.10
RoNW21.7725.47

Shares Offered

In the Agarwal Toughened Glass IPO Retail Individual Investors (RII) are offered 19,26,000 shares while in Rajesh Power 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 9,13,600 shares in Rajesh Power IPO.

 Agarwal Toughened Glass IPORajesh Power IPO
Anchor Investor Reservation16,50,000 shares13,36,400 shares
Market Maker Reservation2,97,600 shares2,44,000 shares
QIB11,00,400 shares9,13,600 shares
NII8,25,600 shares6,91,200 shares
RII19,26,000 shares16,04,800 shares
Employee
Others
Total55,02,000 shares45,46,000 shares

Bids Received (Subscription)

Agarwal Toughened Glass IPO subscribed 6.92x in total, whereas Rajesh Power IPO subscribed 41.66x.

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