A G Universal Limited is a company that specializes in supplying industrial MS Tubes, GI Pipes, and Hollow Sections. They offer a broad range of products that 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. Their customer base includes prominent companies such as Surya Roshni Limited, Jindal Supreme (India) Private Limited, Swastik Pipe Limited, Ravindra Tubes Private Limited, SKS Ispat & Power Ltd, among others.
Initially established as Akshata Polymers Private Limited, the company started as a petroleum business that dealt with polymers. Over time, they expanded their operations and diversified their product offerings to include industrial tubes and pipes. The company has dealership agreements with many organizations, such as Reliance Industries Ltd., for its petroleum products (polymers/FO/oils) business and imports polymer products from countries such as Korea, China, and Saudi Arabia.
A G Universal IPO Details
| IPO Date | Apr 11, 2023 to Apr 13, 2023 |
| Listing Date | Apr 24, 2023 |
| Face Value | ₹10 per share |
| Price | ₹60 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,454,000 shares (aggregating up to ₹8.72 Cr) |
| Fresh Issue | 1,454,000 shares (aggregating up to ₹8.72 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
A G Universal IPO Tentative Timetable
IPO opens on Apr 11, 2023, and closes on Apr 13, 2023.
| Event | Tentative Date |
| Opening Date | Apr 11, 2023 |
| Closing Date | Apr 13, 2023 |
| Basis of Allotment | Apr 19, 2023 |
| Initiation of Refunds | Apr 20, 2023 |
| Credit of Shares to Demat | Apr 21, 2023 |
| Listing Date | Apr 24, 2023 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
Industry Overview
The company operates in the steel and metal industry, specifically in the supply of industrial tubes and pipes. The steel and metal industry is a vital sector that contributes significantly to the global economy, providing raw materials and finished goods to numerous industries. The demand for steel and metal products is high due to their widespread use in construction, infrastructure, transportation, and manufacturing.
The global steel and metal industry has been growing steadily over the years, with a compound annual growth rate (CAGR) of approximately 2.6% from 2016 to 2020. The growth can be attributed to the increasing demand for steel and metal products in emerging economies, as well as the growth of construction and infrastructure projects globally. The industry is expected to continue growing at a CAGR of 3.1% from 2021 to 2026, driven by factors such as increasing urbanization, industrialization, and infrastructure development.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
| 31-Mar-20 | 1,523.88 | 2,008.13 | 4.95 | 176.04 | 151.55 | 784.14 |
| 31-Mar-21 | 1,434.94 | 3,864.26 | 14.66 | 190.71 | 166.21 | 944.51 |
| 31-Mar-22 | 1,856.48 | 7,074.00 | 70.89 | 261.60 | 90.10 | 942.71 |
| 30-Nov-22 | 2,642.94 | 3,595.05 | 114.29 | 675.88 | 272.89 | 950.12 |
| Amount in ₹ Lakhs | ||||||
Objects of the Issue
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.
A G Universal IPO Prospectus
Company Contact Information
A G Universal Limited
F-1, 34/1, Vikas Apartments,
East Punjabi Bagh,
West Delhi, New Delhi – 110026
Phone: +91 9811100759
Email: info@aguniversal.co.in
Website: https://aguniversal.co.in/
A G Universal IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/
A G Universal IPO Lead Manager(s)
- Share India Capital Services Private Limited (Past IPO Performance)
