A G Universal Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 690,000 (47%) | — | ₹414 Cr |
| Retail | — | 690,000 (47%) | — | ₹414 Cr |
| Market Maker | — | 74,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 1,454,000 (100%) | — | ₹8,724 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹120,000 |
| Retail (Max) | 13 | 26,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Nov-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 3,595 | 7,074 | 3,864 |
| Profit After Tax | 114 | 71 | 15 |
| Net Worth | 676 | 262 | 191 |
| Total Assets | 2,643 | 1,856 | 1,435 |
| Reserves & Surplus | 273 | 90 | 166 |
| Total Borrowing | 950 | 943 | 945 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet the Working Capital Requirements of the Company – 6.11
- General Corporate Purposes – 2.05
Company Overview
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.