A G Universal IPO

A G Universal IPO will open for subscription from 11 April 2023. the company aims for an issue size of ₹8.72 Cr through this IPO.

About Company

Incorporated in 2008, A G Universal deals in the 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.

The company has strengthened its position as one of the suppliers of high-end industrial MS Tubes, GI Pipes, and Hollow Sections. 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.

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.

Basic details about the company

Full nameA G Universal Limited
Company Websitehttps://aguniversal.co.in/

The Objective of the Issue

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

IPO Timetable

IPO Opening date11 April 2023
IPO Closing13 April 2023
Basis of Allotment19 April 2023
Initiation Refund20 April 2023
Credit to Demat Account21 April 2023
Listing Date24 April 2023

IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹8.72 Cr – 1,454,000 shares
Fresh Issue₹8.72 Cr – 1,454,000 shares
Offer for saleNil
Face value₹10 per share
Offer price₹60 per share
Lot size2000 Shares
Retail Allocation50% 
Listing ExchangeNSE SME

IPO Lot Size

Retail (Min)12000₹120,000
Retail (Max)12000₹120,000
HNI (Min)24,000₹240,000

Reservation Details

QIB Shares Offered
NII (HNI) Shares Offered50% 
Retail Shares Offered50% 

Financial Performance

 FY 2020FY 2021FY 20228M FY 2023
Net income4.9514.6670.89114.29
(Amount in ₹ Lakhs)

Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio3.13
RONW (%)2.807.6827.09
ROE (%)20.1959.8572.33
ROCE (%)13.6413.0820.55

Company Promoters

  • Ms. Bharti Gupta
  • Mr. Amit Gupta

Promoter Holding

Pre Issue Share Holding95.53%
Post Issue Share Holding70.20%

Lead Manager(s)

A-15, Sector-64,
Noida – 201301, Uttar Pradesh
Phone: +91-0120-4910000
Email: info@shareindia.com
Website: www.shareindia.com

IPO Registrar

D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91- 11-40450193-97
Email: virenr@skylinerta.com
Website: www.skylinerta.com

Contact Details

A G Universal Limited
F-1, 34/1, Vikas Apartments,
East Punjabi Bagh, West Delhi 110026, New Delhi
Phone: +91-9811100759
E-mail: info@aguniversal.co.in
Website: www.aguniversal.co.in

Allotment Status

A G Universal IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.

Final thoughts

A G Universal IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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