Agarwal Float Glass India IPO vs Lead Reclaim and Rubber Products IPO

Comparision between Agarwal Float Glass India IPO and Lead Reclaim and Rubber Products IPO.

IPO Details

Agarwal Float Glass India IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Lead Reclaim and Rubber Products IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Agarwal Float Glass India IPO	Lead Reclaim and Rubber Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Fedex Securities Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Smc Global Securities Ltd.	Svcm Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Agarwal Float Glass India IPO is up to ₹9.20 Cr whereas the issue size of the Lead Reclaim and Rubber Products IPO is up to ₹4.88 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Lead Reclaim and Rubber Products IPO is ₹25.00 per share.

	Agarwal Float Glass India IPO	Lead Reclaim and Rubber Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹42.00 per share	₹25.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	6000 shares
Fresh Issue Size	21,90,000 shares	19,50,000 shares
Fresh Issue Size (Amount)	up to ₹9.20 Cr	up to ₹4.88 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	21,90,000 shares	19,50,000 shares
Issue Size Total (Amount)	up to ₹9.20 Cr	up to ₹4.88 Cr

IPO Timetable

Agarwal Float Glass India IPO opens on Feb 10, 2023, while Lead Reclaim and Rubber Products IPO opens on Feb 09, 2023. The closing date of Agarwal Float Glass India IPO and Lead Reclaim and Rubber Products IPO is Feb 15, 2023, and Feb 13, 2023, respectively.

	Agarwal Float Glass India IPO	Lead Reclaim and Rubber Products IPO
Anchor Bid Date
Issue Open	Feb 10, 2023	Feb 09, 2023
Issue Close	Feb 15, 2023	Feb 13, 2023
Basis Of Allotment (Tentative)	Feb 20, 2023	Feb 16, 2023
Initiation of Refunds (Tentative)	Feb 21, 2023	Feb 17, 2023
Credit of Share (Tentative)	Feb 22, 2023	Feb 20, 2023
Listing date (Tentative)	Feb 23, 2023	Feb 21, 2023
Anchor Lockin End date 1	Mar 22, 2023	Mar 18, 2023
Anchor Lockin End date 2	May 21, 2023	May 17, 2023

Financials

Agarwal Float Glass India IPO P/E ratio is 5.68, as compared to Lead Reclaim and Rubber Products IPO P/E ratio of 25.77.

Agarwal Float Glass India IPO

Lead Reclaim and Rubber Products IPO

Financial

Agarwal Float Glass India Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	1,767.31	3,227.43	8.83	201.30	-0.84	1,120.38
31-Mar-21	1,811.87	3,188.13	24.73	226.02	23.88	1,175.30
31-Mar-22	1,761.79	4,216.91	101.68	327.68	125.54	1,141.78
30-Sep-22	2,177.31	2,369.04	267.75	595.43	393.29	1,167.91
Amount in ₹ Lakhs

Lead Reclaim and Rubber Products Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	532.45	483.67	36.36	17.47	-2.68	377.25
31-Mar-21	594.88	706.26	22.74	40.20	20.05	394.67
31-Mar-22	704.32	1,036.93	47.87	289.57	67.92	269.30
30-Sep-22	994.65	498.99	35.55	555.63	241.78	271.38
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

86.48%

Promoter Shareholding (Post-Issue)

69.77%

63.51%

P/E Ratio

5.68

25.77

Market Cap

₹30.42 Cr.

₹18.35 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Agarwal Float Glass India IPO retail investors (RII) are offered 10,38,000 shares while in Lead Reclaim and Rubber Products IPO retail investors are offered 10,38,000 shares. Qualified institutional buyers (QIB) are offered in Agarwal Float Glass India IPO and in Lead Reclaim and Rubber Products IPO.

	Agarwal Float Glass India IPO	Lead Reclaim and Rubber Products IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,14,000 shares	1,02,000 shares
QIB
NII	10,38,000 shares	9,24,000 shares
RII	10,38,000 shares	9,24,000 shares
Employee
Others
Total	20,76,000 shares	18,48,000 shares

Bids Received (Subscription)

Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Lead Reclaim and Rubber Products IPO subscribed 75.98x.

	Agarwal Float Glass India IPO	Lead Reclaim and Rubber Products IPO
QIB (times)
NII (times)	3.13x	87.56x
Big NII (times)
Small NII (times)
RII (times)	7.20x	64.41x
Employee (times)
Other (times)
Total (times)	5.16x	75.98x

Compare with others

Agarwal Float Glass India IPO	Lead Reclaim and Rubber Products IPO
ITCONS E-Solutions IPO	Sealmatic India IPO
Viaz Tyres IPO	Macfos IPO
Patron Exim IPO	ITCONS E-Solutions IPO
Lead Reclaim and Rubber Products IPO	Viaz Tyres IPO
Indong Tea Company IPO	Patron Exim IPO
Shera Energy IPO	Indong Tea Company IPO
Gayatri Rubbers and Chemicals IPO	Agarwal Float Glass India IPO
Earthstahl & Alloys IPO	Shera Energy IPO
Transvoy Logistics India IPO	Gayatri Rubbers and Chemicals IPO
DHARNI Capital Services IPO	Earthstahl & Alloys IPO

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