A G Universal IPO

A G Universal IPO

Closed

A G Universal IPO Details

  • Open Date 11-Apr-23
  • Close Date 13-Apr-23
  • Lot Size 2000
  • IPO Size ₹ 8.72 Cr
  • IPO Price Range ₹ 60
  • Min Investment ₹ 120000
  • Listing Exchange NSE SME
  • Basis of Allotment 19-Apr-23
  • Refunds 20-Apr-23
  • Credit to Demat Account 21-Apr-23
  • Listing Date 24-Apr-23

A G Universal IPO Subscription Status

Date QIB NII Retail TOTAL
11-Apr-23 - 1.31x 0.21x 1.15x
12-Apr-23 - 1.87x 0.41x 1.37x
13-Apr-23 - 3.71x 2.54x 3.36x

A G Universal IPO Synopsis


A G Universal IPO opens on 11th April, and closes on 13th April. The issue includes a fresh issue of 1,454,000 equity shares with a face value of Rs. 10 each, which aggregate the issue size upto Rs. 8.72 crores. The company has set the lot size to 2000 shares per lot and the price to Rs. 60 per share. The basis of allotment will occur on 19th April while the issue will be listed on NSE SME on 24th April. Share India Capital services Pvt. Ltd. is the leading manager to the issue. 

Objective of the A G Universal IPO:

The net proceeds from the issue will be utilised for:

•    To meet the working capital requirements 
•    General corporate purposes and issue expenses
 

About A G Universal

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 company was initially established as Akshata Polymers Private Limited as a petroleum (polymers) business. The company has done dealership agreements with many organisations 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 acts as a dealer for Surya Roshni Limited, Jindal Supreme (India) Private Limited, Swastik Pipe Limited, Ravindra Tubes Private Limited, Sks Ispat & Power Ltd, etc. 
 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY21 FY20
Revenue 70.7 38.6 20.1
PAT 0.7 0.1 0.0
Particulars (in Rs. Crores) FY22 FY21 FY20
Total Assets 18.6 14.3 15.2
Share Capital 1.7 0.2 0.2
Total Borrowings 9.4 9.4 7.8
Particulars (in Rs. Crores) FY22 FY21 FY20
Net cash generated from / (used in) operating activities 1.3 1.9 2.0
Net cash from / (used in) investing activities 2.3 -3.6 -1.5
Net cash flow from / (used in) financing activities -3.2 0.8 0.5
Net increase (decrease) in cash and cash equivalents 0.5 -1.0 1.0

Peer Comparison

Name of the Company PAT (in Rs. crores) Basic EPS NAV Rs. per share PE RoNW %
A G Universal Limited 1.14 0 0 NA 0.00%
Rathi Bars Limited 0.76 0.47 53.74 11.93 3.25%
Vaswani Industries Limited 1.79 0.6 35.61 12.92 4.14%
Adishakti Loha and Ispat Limited 0.01 0.04 10.99 460 0.18%


A G Universal IPO Key Points

  • Strengths

    ● The existing relationships helps the firm to get repeat business from its customers

    ● It continuously assess and improve our operations, methods and dealings with people, both inside and outside the organization, while deploying effective tools and techniques of quality management

    ● It invests heavily in human capital by training, and retaining the key people has been and will remain critical to its success

  • Risks

    ● Failure to expand its operations Pan-India and has currently operates only out of Delhi

    ● The product prices that are traded are heavily dependent on the prevailing market prices

    ● The product verticals are extremely competitive segments and the firm faces risk of competition affecting the margins, scalability and profitability

    ● The company does not have a registered trademark, registered office and go-down

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

A G Universal IPO FAQs

What is the price band of the A G Universal IPO?

The price for the A G Universal IPO is set at Rs. 60 per share

When does the A G Universal IPO issue open and close?

The A G Universal IPO opens on 11th April and closes on 13th April.

What is the size of A G Universal IPO issue?

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.

What is the lot size and investment required for the A G Universal IPO?

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)

What is the allotment date of A G Universal IPO?

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

What is the A G Universal IPO’s listing date?

The A G Universal IPO will be listed on 24th April

What is 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
 

How to apply for the A G Universal IPO?

To apply for the IPO, follow the steps given below
•    Login to your 5paisa account and select the issue in the current IPO section
•    Enter the number of lots and price at which you wish to apply for
•    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
•    You will receive a mandate notification to block funds in your UPI app
 

Who are the promoters/key personnels of A G Universal IPO?

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

Who are the book runners for A G Universal IPO?

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

Contact Details of A G Universal IPO

Contact Information

A G Universal Limited

F-1, 34/1, Vikas Apartments,
East Punjabi Bagh,
West Delhi, New Delhi - 110026
Phone: +91 9811100759
Email: info@aguniversal.co.in
Website: https://aguniversal.co.in/

A G Universal IPO Register

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/

A G Universal IPO Lead Manager

Share India Capital Services Private Limited