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 name | A G Universal Limited |
| Sector | Trading |
| Industry | Trading |
| Company Website | https://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 date | 11 April 2023 |
| IPO Closing | 13 April 2023 |
| Basis of Allotment | 19 April 2023 |
| Initiation Refund | 20 April 2023 |
| Credit to Demat Account | 21 April 2023 |
| Listing Date | 24 April 2023 |
IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹8.72 Cr – 1,454,000 shares |
| Fresh Issue | ₹8.72 Cr – 1,454,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer price | ₹60 per share |
| Lot size | 2000 Shares |
| Retail Allocation | 50% |
| Listing Exchange | NSE SME |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹120,000 |
| Retail (Max) | 1 | 2000 | ₹120,000 |
| HNI (Min) | 2 | 4,000 | ₹240,000 |
Reservation Details
| QIB Shares Offered | – |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Financial Performance
| FY 2020 | FY 2021 | FY 2022 | 8M FY 2023 | |
| Revenue | 1,995.2 | 3,844.3 | 7,046.1 | 3,455.4 |
| Expenses | 2,001.2 | 3,844.4 | 6,983.0 | 3,449.5 |
| Net income | 4.95 | 14.66 | 70.89 | 114.29 |
Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 2.02 | 5.99 | 19.18 |
| PE ratio | – | – | 3.13 |
| RONW (%) | 2.80 | 7.68 | 27.09 |
| NAV | – | – | – |
| ROE (%) | 20.19 | 59.85 | 72.33 |
| ROCE (%) | 13.64 | 13.08 | 20.55 |
| Debt/Equity | 4.45 | 4.95 | 3.60 |
Company Promoters
- Ms. Bharti Gupta
- Mr. Amit Gupta
Promoter Holding
| Pre Issue Share Holding | 95.53% |
| Post Issue Share Holding | 70.20% |
Lead Manager(s)
SHARE INDIA CAPITAL SERVICES PVT. LTD
A-15, Sector-64,
Noida – 201301, Uttar Pradesh
Phone: +91-0120-4910000
Email: info@shareindia.com
Website: www.shareindia.com
IPO Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
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
