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A G Universal IPO is a fixed price issue of Rs 8.72 crores. The issue is entirely a fresh issue of 14.54 lakh shares.
A G Universal IPO bidding started from April 11, 2023 and ended on April 13, 2023. The allotment for A G Universal IPO was finalized on Wednesday, April 19, 2023. The shares got listed on NSE SME on April 24, 2023.
A G Universal IPO price is ₹60 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹240,000.
Share India Capital Services Private Limited is the book running lead manager of the A G Universal IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for A G Universal IPO is Share India Securities.
Refer to A G Universal IPO RHP for detailed information.
| IPO Date | April 11, 2023 to April 13, 2023 |
| Listing Date | April 24, 2023 |
| Face Value | ₹10 per share |
| Price | ₹60 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,454,000 shares (aggregating up to ₹8.72 Cr) |
| Fresh Issue | 1,454,000 shares (aggregating up to ₹8.72 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 4,030,000 |
| Share holding post issue | 5,484,000 |
| Market Maker portion | 74,000 shares Share India Securities |
A G Universal IPO offers 1,528,000 shares. 727,000 (47.58%) to NII, 727,000 (47.58%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 74,000 (4.84%) |
| Other Shares Offered | 727,000 (47.58%) |
| Retail Shares Offered | 727,000 (47.58%) |
| Total Shares Offered | 1,528,000 (100%) |
A G Universal IPO opens on April 11, 2023, and closes on April 13, 2023.
| IPO Open Date | Tuesday, April 11, 2023 |
| IPO Close Date | Thursday, April 13, 2023 |
| Basis of Allotment | Wednesday, April 19, 2023 |
| Initiation of Refunds | Thursday, April 20, 2023 |
| Credit of Shares to Demat | Friday, April 21, 2023 |
| Listing Date | Monday, April 24, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 13, 2023 |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹120,000 |
| Retail (Max) | 1 | 2000 | ₹120,000 |
| HNI (Min) | 2 | 4,000 | ₹240,000 |
| Lot Size Calculator | |||
Ms. Bharti Gupta and Mr. Amit Gupta are the company promoters.
| Share Holding Pre Issue | 95.53% |
| Share Holding Post Issue | 70.20% |
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.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1,523.88 | 2,008.13 | 4.95 | 176.04 | 151.55 | 784.14 |
| 31-Mar-21 | 1,434.94 | 3,864.26 | 14.66 | 190.71 | 166.21 | 944.51 |
| 31-Mar-22 | 1,856.48 | 7,074.00 | 70.89 | 261.60 | 90.10 | 942.71 |
| 30-Nov-22 | 2,642.94 | 3,595.05 | 114.29 | 675.88 | 272.89 | 950.12 |
| Amount in ₹ Lakhs | ||||||
The market capitalization of A G Universal IPO is Rs 32.9 Cr.
| KPI | Values |
|---|---|
| ROE | 39.79% |
| ROCE | 13.49% |
| Debt/Equity | 1.41 |
| RoNW | 16.91% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.07 | |
| P/E (x) | 3.12 |
[Dilip Davda] The company operates in a highly competitive and fragmented segment. The sudden boost in its bottom line for 8M of FY23 raises eyebrows and concern over sustainability going forward. Based on such super earnings, the issue appears greedily priced while based on its track records so far, the issue appears exorbitantly priced. Tiny equity capital post-IPO indicates a longer gestation period for migration to the mainboard. There is no harm in skipping this pricey issue, where transparency is missing in the offer document. Read detail review...
The A G Universal IPO is subscribed 3.36 times on April 13, 2023 7:30:00 PM. The public issue subscribed 2.54 times in the retail category, times in the QIB category, and 3.71 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 3.71 |
| Retail | 2.54 |
| Total | 3.36 |
Total Application : 924 (2.54 times)
| Listing Date | April 24, 2023 |
| BSE Script Code | |
| NSE Symbol | AGUL |
| ISIN | INE0O6N01012 |
| Final Issue Price | ₹60 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹60.00 |
| ₹60.00 |
| ₹57.25 |
| ₹61.50 |
| ₹60.10 |
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/
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
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A G Universal IPO is a SME IPO of 1,454,000 equity shares of the face value of ₹10 aggregating up to ₹8.72 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 2000 Shares.
The IPO opens on April 11, 2023, and closes on April 13, 2023.
Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in A G Universal IPO using UPI as a payment gateway. Zerodha customers can apply in A G Universal IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in A G Universal IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The A G Universal IPO opens on April 11, 2023 and closes on April 13, 2023.
A G Universal IPO lot size is 2000 Shares, and the minimum amount required is ₹120,000.
You can apply in A G Universal IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for A G Universal IPO will be done on Wednesday, April 19, 2023, and the allotted shares will be credited to your demat account by Friday, April 21, 2023. Check the A G Universal IPO allotment status.
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Day by day, AG universal was down. Any reason? Please share your opinion. Thanks🙏