Comparison between Agarwal Float Glass India IPO and Earthstahl IPO.
Agarwal Float Glass India IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Earthstahl IPO is a SME Bookbuilding proposed to list at BSE SME.
| Agarwal Float Glass India IPO | Earthstahl IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | SMC Global Securities Ltd. | Hem Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Agarwal Float Glass India IPO is up to ₹8.72 Cr whereas the issue size of the Earthstahl IPO is up to ₹12.29 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Earthstahl IPO is ₹40.00 per share.
| Agarwal Float Glass India IPO | Earthstahl IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹38.00 per share | |
| Issue Price (Upper) | ₹40.00 per share | |
| Issue Price (Final) | ₹42.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 20,76,000 shares | 30,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.72 Cr | up to ₹12.29 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 | 20,76,000 shares | 30,72,000 shares |
| Issue Size Total (Amount) | up to ₹8.72 Cr | up to ₹12.29 Cr |
Agarwal Float Glass India IPO opens on Feb 10, 2023, while Earthstahl IPO opens on Jan 27, 2023. The closing date of Agarwal Float Glass India IPO and Earthstahl IPO is Feb 15, 2023, and Jan 31, 2023, respectively.
| Agarwal Float Glass India IPO | Earthstahl IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 10, 2023 | Jan 27, 2023 |
| Issue Close | Feb 15, 2023 | Jan 31, 2023 |
| Basis Of Allotment (Tentative) | Feb 20, 2023 | Feb 03, 2023 |
| Initiation of Refunds (Tentative) | Feb 21, 2023 | Feb 06, 2023 |
| Credit of Share (Tentative) | Feb 22, 2023 | Feb 07, 2023 |
| Listing date (Tentative) | Feb 23, 2023 | Feb 08, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Agarwal Float Glass India IPO P/E ratio is 5.68, as compared to Earthstahl IPO P/E ratio of 4.22.
| Agarwal Float Glass India IPO | Earthstahl IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.77 | 73.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 5.68 | 4.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹30.42 Cr. | ₹48.96 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.36 | 65.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.26 | 37.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.48 | 0.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.03 | ₹8.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31 | 70.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Agarwal Float Glass India IPO Retail Individual Investors (RII) are offered 10,38,000 shares while in Earthstahl IPO retail investors are offered 10,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Agarwal Float Glass India IPO and 9,18,000 shares in Earthstahl IPO.
| Agarwal Float Glass India IPO | Earthstahl IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,14,000 shares | 1,68,000 shares |
| QIB | 9,18,000 shares | |
| NII | 10,38,000 shares | 10,77,000 shares |
| RII | 10,38,000 shares | 10,77,000 shares |
| Employee | ||
| Others | ||
| Total | 20,76,000 shares | 30,72,000 shares |
Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Earthstahl IPO subscribed 235.18x.
| Agarwal Float Glass India IPO | Earthstahl IPO | |
|---|---|---|
| QIB (times) | 39.83x | |
| NII (times) | 3.13x | 445.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.20x | 191.77x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.16x | 235.18x |
