Agarwal Float Glass India IPO Analysis at Chanakyanipothi.com,
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Agarwal Float Glass: Company Details

The Company is engaged in the business of trading of glass and specialized glass products by procuring quality products from manufacturers and selling it either through its sales managers or directly to its customers, as a wholesaler of glass and glass products. Its valued customers are spread across the country and work across varied industry segments such as, office buildings, hotels, institutions, banks, insurance companies, shopping malls, diplomatic residences, etc. Its products cater to a range of end use industries including construction, automotive, and industrial sectors, with a variety of applications such as exterior and interior spaces of residential and commercial buildings. The product portfolio largely consists clear glass, different kinds of value-added glass products and processed glass products, of varying thickness.

It also trades a range of value added glass products including clear frosted glass, clear sheet glass, mirror, tinted glass, reflective glass which have a wide range of applications. It also
offers processed glass, which includes, toughened glass, frosted glass, frosted design glass, leaguered glass, figure glass, heat-strengthened glass, insulated glass, PVB laminated glass, and bullet-resistant glass and all building glasses among others.
It is highly dependent upon its suppliers and distributors, namely Saint-Gobain India Private Limited, Sisecam Flat Glass India Private Limited, Gold Plus Glass Industry Limited, Asahi India Glass Limited and Gujarat Guardian Limited, for delivering quality products to its customers.
Some of the qualitative factors which form the basis for the Issue Price are:
*Experienced Management team having domain knowledge to scale up and expand into new opportunities
* Wide product portfolio addressing the needs of varied customers across the industry
* Dedicated technical & functional team to provide solutions to our customers
* Extensive Sales and distribution network
* Experience of handling large & complex projects
* Multi-year relationships with most customers
* Improving operational efficiency
For more information about the company, Click www.agarwalfloat.com

Promoters of the IPO
UMA SHANKAR AGARWAL AND MAHESH KUMAR AGARWAL

Objects of the IPO:
The Company intends to utilize the Net Fresh Issue Proceeds to meet Working Capital requirements.

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