Agarwal Toughened Glass India Ltd - IPO

Agarwal Toughened Glass India Ltd IPO Details

Initial public offer of 57,99,600 equity shares of face value of Rs. 10/- each (Equity Shares) of the company at an issue price of Rs. 108/- per equity share (including a share premium of Rs. 98/- per equity share) for cash, aggregating to Rs. 62.64 crores (Public Issue) out of which 2,97,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 108/- per equity share for cash, aggregating to Rs. 3.21 crores was reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. net issue of 55,02,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 108/- per equity share for cash, aggregating to Rs. 59.42 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 32.81 % and 31.13 % respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Repayment of certain borrowings. Purchase of machinery at its existing mfg unit. To meet incremental working capital requirements. General corporate expenses.

Agarwal Toughened Glass India Ltd Contact Details

Agarwal Toughened Glass India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs_complianceofficer@agarwaltuff.com

Website - www.agarwaltuff.com