A G Universal IPO

Small CapSME

IPO Details

Bidding Dates

11 Apr '23 - 13 Apr '23

Minimum Investment

₹120,000 / 1 Lots (2000 Shares )

Price Range

₹60

Maximum Investment

₹120,000 / 1 Lots (2000 Shares )

Retail Discount

To be announced

Issue Size

₹ 8.72 Cr

Investor category and sub category

Qualified Institutional Buyers | Non-Institutional Investors | Retail Individual Investors

IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Apr 11, 23

IPO Closing Date

Apr 13, 23

Basis of Allotment

Apr 19, 23

Initiation of Refunds

Apr 20, 23

Credit of Shares to Demat Account

Apr 21, 23

IPO Listing Date

Apr 24, 23

A G Universal IPO Subscription Details

Date	Retail	Total
Day 1Apr 11 2023	0.10	0.94
Day 2Apr 12 2023	0.42	1.38
Day 3Apr 13 2023	2.54	3.36

About Company

A G Universal Ltd. trades in a variety of industrial MS Tubes, GI Pipes, and Hollow Sections. Initially incorporated as Akshata Polymer Private Ltd. the company’s name was later changed to A. G. Universal Ltd. It is a supplier and manufacturer of various pipes for industrial, commercial, and residential usage.

A G Universal caters to customers like Surya Roshni Limited, Jindal Supreme (India) Private Limited, Swastik Pipe Limited, Ravindra Tubes Private Limited, SKS Ispat & Power Ltd, etc. It offers a diversified product suite that includes TMT high-strength reinforced bars, Hot & cold rolled stripes and sheets, MA pipes, Hollow section pipes, ePVC pipes and settings, and uPVC plumbing pipes and settings.

Details of A G Universal Ltd. IPO

A G Universal seeks to raise funds of Rs.8.72 crore through the IPO route that will open on April 11, 2022. A G Universal IPO is a fixed issue IPO with a price fixed at Rs. 60 per share. Investors can apply for one lot with 2000 shares.

The bidding window will remain open for two days until April 13, 2023, and the IPO will list on NSE SME.

A G Universal Ltd. IPO Objective

The company proposes to utilise the net proceeds received from the fresh issues for the following.

To meet working capital requirements
General corporate purposes

Should you invest in A G Universal Ltd.?

The company trades in a diversified product suite that includes tubes and pipes used for industrial, commercial, and residential projects.
Recently, the company has significantly augmented its bottom line.
The company is managed by an experienced promoter’s group benefiting from its network in the trading community.

A G Universal Ltd. Noteworthy highlights

The company caters only to domestic customers.
During the period ending on November 30, 2022, the company generated 92.61% revenue from its top 10 customers.

A G Universal Company Financials

Particulars	Year ending on November 30, 2022	Year ending on March 31, 2021
Revenue from Operations	345,542, 713	704,613, 103
Profit After Tax (PAT)	11,429,044	7,088,805
EPS	5.07	19.18
	As at November 30, 2022	As at March 31, 2022
Current Asset	264,293,914	185,648,062
Current Liability	264,293,914	185,648,062

Know before investing

Strengths

The company benefits from the experience and network of the promoters.
A G Universal primarily engages in the trading of pipes and is not exposed to the risks associated with manufacturing.
It has a steady and repetitive client base.

Risks

The company operates in a domain which is highly fragmented.
A sudden boost in the bottom line in the period ending in November 2022 has raised many eyebrows.
The issue is aggressively priced. It is suitable for experienced investors with knowledge of the sector.

How to Apply in IPO
How to Check IPO Allotment Status

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

A G Universal IPO FAQs

What is A G Universal Ltd. IPO?

A G Universal Ltd. Ltd. IPO worth Rs.8.72 crore comprises 1,454,000 fresh equity shares. The IPO opens for bidding on April 11, 2023.

When will A G Universal Ltd. IPO allotment be available?

The IPO shares of A G Universal Ltd. will be allotted on April 19, 2023.

What will be the A G Universal Ltd. IPO lot size?

One lot of A G Universal Ltd IPO contains 2000 shares.

When will A G Universal Ltd. IPO open for subscription?

The bidding window opens on April 11, 2023.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will A G Universal Ltd. list on exchanges?

A G Universal Ltd. IPO will list on NSE SME on April 24, 2023.

How to check the allotment status of A G Universal Ltd. IPO?

Login to the Angel One app and enter OTP sent on your registered mobile number to validate. To check the IPO allotment status, enter your application number, DP ID, and PAN number into the app.

What would be the listing gains on the A G Universal Ltd. IPO?

It is not possible to calculate the listing gain before the IPO gets listed on the bourses. You can learn about the listing gain of A G Universal Ltd. on April 24, 2023.

I have finished the application process for A G Universal Ltd. IPO, but the funds are not yet debited. What is the reason?

The bank initially will only block the amount in your account, meaning you will not have access to the fund. The money will be debited when the shares are allotted or unblock the amount after the UPI mandate expiry date.