A G Universal IPO

A G Universal IPO: A G Universal IPO is an SME IPO of 1,454,000 equity shares of a 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.

A G Universal IPO Dates

The IPO opens on Apr 11, 2023, and closes on Apr 13, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

A G Universal IPO Details

IPO DateApr 11, 2023 to Apr 13, 2023
Face Value₹10 per share
Price₹60 per share
Lot Size2000 Shares
Total Issue Size1,454,000 shares
(aggregating up to ₹8.72 Cr)
Fresh Issue1,454,000 shares
(aggregating up to ₹8.72 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Other Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Market Maker portion74,000 shares (SHARE INDIA SECURITIES LIMITED)

Important Dates of A G Universal IPO

A G Universal IPO opens on Apr 11, 2023, and closes on Apr 13, 2023.

EventTentative Date
Opening DateApr 11, 2023
Closing DateApr 13, 2023
Basis of AllotmentApr 19, 2023
Initiation of RefundsApr 20, 2023
Credit of Shares to DematApr 21, 2023
Listing DateApr 24, 2023

A G Universal IPO Lot Size

The A G Universal IPO lot size is 2000 shares.

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

A G Universal IPO Promoter Holding

Ms. Bharti Gupta and Mr. Amit Gupta are the company promoters.

Objects of the A G Universal IPO

The proceeds from the issue will be used for the following objects:

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

About A G Universal IPO

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.