The Initial Public Offering (IPO) for A G Universal Ltd. (AGUL) has opened for subscription today on April 11, 2023 and will close on April 13, 2023, as per the dates shared in prospectus. A G Universal IPO is an Small and Medium Enterprises (SME) IPO listed on National Stock Exchange (NSE) of India.
A G Universal, initially established in 2008 as Akshata Polymers private Limited, operates as a supplier of Indistrial MS Tubes, GI Pipes and Hollow sections and has done dealership agreements with big companies such as Reliance Industries for its petroleum products (polymers/FO/oils) business.
Issue size and share price details
The A G Universal IPO issue includes a fresh issue of 1,454,000 equity shares with a face value of Rs. 10 each, aggregating the issue size up to Rs. 8.72 crore. The company has set the share price to Rs. 60 per share and the lot size to Rs 2,000 shares per lot, making the minimum order size to an amount of Rs. 1,20,000.
Subscription date and status
You can subscribe online to the A G Universal IPO between April 11-13, 2023 through your demat, trading or internet banking account.
In order to check your A G Universal IPO subscription status, you can do so by visiting NSE website. Go to ‘NSE Market Watch‘ section at official NSE website.
Allotment Status
A G Universal IPO basis of allotment will be finalized on April 19, 2023. The registrar of A G Universal IPO is Skyline Financial Services Private Limited.
You can check your A G Universal allotment status starting from April 19 through NSE website and the registrar Skyline’s website as well. You will require to enter your DPID/Client ID, application or PAN details in order to check the share allotment status.
Listing date
The red herring prospectus marks the A G Universal IPO listing date on NSE as April 24, 2024, although that may change.
