Comparison between Agarwal Float Glass India IPO and Indong Tea IPO.
Agarwal Float Glass India IPO is a SME Fixed Price IPO proposed to list at NSE SME while Indong Tea IPO is a SME Fixed Price proposed to list at BSE SME.
| Agarwal Float Glass India IPO | Indong Tea IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Finshore Management Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | SMC Global Securities Ltd. | Nikunj Stock Brokers 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 Indong Tea IPO is up to ₹12.36 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Indong Tea IPO is ₹26.00 per share.
| Agarwal Float Glass India IPO | Indong Tea IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹42.00 per share | ₹26.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 20,76,000 shares | 47,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹8.72 Cr | up to ₹12.36 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 | 47,52,000 shares |
| Issue Size Total (Amount) | up to ₹8.72 Cr | up to ₹12.36 Cr |
Agarwal Float Glass India IPO opens on Feb 10, 2023, while Indong Tea IPO opens on Feb 09, 2023. The closing date of Agarwal Float Glass India IPO and Indong Tea IPO is Feb 15, 2023, and Feb 13, 2023, respectively.
| Agarwal Float Glass India IPO | Indong Tea IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 10, 2023 | Feb 09, 2023 |
| Issue Close | Feb 15, 2023 | Feb 13, 2023 |
| Basis Of Allotment (Tentative) | Feb 20, 2023 | Feb 16, 2023 |
| Initiation of Refunds (Tentative) | Feb 21, 2023 | Feb 17, 2023 |
| Credit of Share (Tentative) | Feb 22, 2023 | Feb 20, 2023 |
| Listing date (Tentative) | Feb 23, 2023 | Feb 21, 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 Indong Tea IPO P/E ratio of 9.52.
| Agarwal Float Glass India IPO | Indong Tea IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 96.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.77 | 64.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 5.68 | 9.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹30.42 Cr. | ₹39.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.03 | ₹2.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31 | 15.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Agarwal Float Glass India IPO Retail Individual Investors (RII) are offered 10,38,000 shares while in Indong Tea IPO retail investors are offered 10,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Agarwal Float Glass India IPO and in Indong Tea IPO.
| Agarwal Float Glass India IPO | Indong Tea IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,14,000 shares | 5,04,000 shares |
| QIB | ||
| NII | 10,38,000 shares | 23,76,000 shares |
| RII | 10,38,000 shares | 23,76,000 shares |
| Employee | ||
| Others | ||
| Total | 20,76,000 shares | 47,52,000 shares |
Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Indong Tea IPO subscribed 4.97x.
| Agarwal Float Glass India IPO | Indong Tea IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 3.13x | 2.17x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.20x | 7.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.16x | 4.97x |
