SME IPO Details

Published : 06 Apr 2023

Open Date

11 Apr 2023

13 Apr 2023

2000

₹  8.72 Cr

Close Date

Lot Size

IPO Size

Listing At

NSE SME

Listing Date

24 Apr 2023

Price Range

₹ 60 per share

A G Universal Limited deals in trading of various products including Stainless Steel Pipes, Mild Steel Pipes, ERW Black Pipes, GI Pipes, Hollow Sections, uPVC Pipes cPVC Pipes, TMT Bars, CR Coils and HR Coils. It has strengthened its position as one of the suppliers of high-end industrial MS Tubes, GI Pipes, and Hollow Sections. The firm’s aim is to match with the unique, qualitative needs of the customers through tailor-made solutions.

The A G Universal IPO comprises of fresh issue of 1,454,000 equity shares with a face value of Rs. 10 each, which aggregates the issue size to Rs. 8.72 cr.

The objective of the A G Universal IPO: The net proceeds from the issue will be used for: •    To meet the working capital requirements •    General corporate purposes and issue expenses  

The A G Universal IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120,000)

The allotment date of A G Universal IPO is set for 19th April

A G Universal IPO is promoted by Ms. Bharti Gupta and Mr. Amit Gupta.

Share Capital India Services Pvt. Ltd. is the lead book managers to the issue.