A G Universal Limited IPO Detail
Incorporated in 2008, A G Universal Limited operates as a supplier of industrial MS Tubes, GI Pipes, and Hollow Sections.
The company's product range includes Stainless Steel Pipes, Mild Steel Pipes, ERW Black Pipes, GI Pipes, Hollow Sections, uPVC Pipes, cPVC Pipes, TMT Bars, Wire Rods, MS Wire, CR Coils, and HR Coils.
A G Universal's customer base includes Surya Roshni Limited, Jindal Supreme (India) Private Limited, Swastik Pipe Limited, Ravindra Tubes Private Limited, SKS Ispat & Power Ltd, etc.
The company was initially established as Akshata Polymers Private Limited as a petroleum (polymers) business. The company has done dealership agreements with many organizations like Reliance Industries Ltd. for its petroleum products (polymers/FO/oils) business and import of polymer products from Korea, China, Saudi Arabia, etc.
The company is also engaged in the activities of investment in properties and shares of listed and unlisted companies.
Company Promoters
IPO Details
| IPO Opening Date | Apr 11, 2023 |
| IPO Closing Date | Apr 13, 2023 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹60 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | ₹8.72 Cr |
| Fresh Issue | ₹8.72 Cr |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 1.31x | 0.10x | 0.94x | |
| Day 2 | - | - | 1.87x | 0.42x | 1.38x | |
| Day 3 | - | - | 3.71x | 2.54x | 3.36x |
IPO Tentative Timetable
The A G Universal Limited IPO open date is Apr 11, 2023, and the close date is Apr 13, 2023. The issue may list on Apr 24, 2023.
| IPO Open Date | Apr 11, 2023 |
| IPO Close Date | Apr 13, 2023 |
| Basis of Allotment Date | Apr 19, 2023 |
| Initiation of Refunds | Apr 20, 2023 |
| Credit of Shares to Demat Account | Apr 21, 2023 |
| IPO Listing Date | Apr 24, 2023 |
IPO Lot Size
The A G Universal Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹120000 |
| Maximum | 1 | 2000 | ₹120000 |
IPO Promoter Holding
| Pre Issue Share Holding | 95.53% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 1434.94 | 3864.26 | 14.66 |
| 31-Mar-22 | 1856.48 | 7074.00 | 70.89 |
| 30-Nov-22 | 2643.43 | 3595.05 | 114.29 |
Objects of the Issue:
- To meet the working capital requirements of the company.
- General corporate purposes and issue expenses.
A G Universal Limited IPO Registrar:
Skyline Financial Services Private Ltd
A G Universal Limited IPO Lead Manager(s):
Share India Capital Services Private Limited
Company Contact Information:
A G Universal Limited
F-1, 34/1, Vikas Apartments, East Punjabi Bagh, West Delhi
New Delhi
New Delhi
