A G Universal Limited, established in 2008, is a renowned supplier of industrial MS tubes, GI pipes, and hollow sections. Over the years, the company has built a reputation for providing high-quality products to its clients. In this article, we will explore the company’s product range, customer base, history, future plans, and About its Upcoming IPO.
Product Range
A G Universal’s product range includes a variety of industrial products, including:
- 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
- HR Coils
With such a wide range of products, A G Universal caters to the diverse needs of its clients. Its products are known for their durability, strength, and resistance to corrosion.
Customer Base
A G Universal has a large customer base, which includes some of the leading companies in the industry. Some of its notable clients are:
- Surya Roshni Limited
- Jindal Supreme (India) Private Limited
- Swastik Pipe Limited
- Ravindra Tubes Private Limited
- SKS Ispat & Power Ltd
These companies trust A G Universal for their industrial needs and have been associated with the company for a long time.
History
A G Universal Limited was initially established as Akshata Polymers Private Limited in the petroleum (polymers) business. The company had dealership agreements with many organizations, including Reliance Industries Ltd., for its petroleum products (polymers/FO/oils) business and imports of polymer products from Korea, China, Saudi Arabia, and other countries.
Later, in 2008, the company expanded its business and entered the industrial pipe and hollow section industry. Since then, it has been providing high-quality products to its clients and has become a prominent player in the industry.
Future Plans
A G Universal Limited is committed to continuously improving its products and services. The company has plans to expand its product range and enter new markets. It also aims to strengthen its relationship with its existing clients and attract new clients.
Apart from its core business of supplying industrial pipes and hollow sections, the company is also engaged in investment activities in properties and shares of listed and unlisted companies.
A G Universal Limited IPO Complete Details
| IPO Date | 11 April 2023 to 13 April 2023 |
| Issue Type | Fixed Price Issue |
| Listing At | NSE SME |
| Face Value | 10 Rs. Per Share |
| Price | Rs. 60 per share |
| Lot Size | 2000 Shares |
| Issue Size | 1,454,000 shares (Rs. 8.72 Cr) |
| Fresh Issue | 1,454,000 shares (Rs. 8.72 Cr) |
| Listing Date | 24 April 2023 |
A G Universal Limite IPO Timetable
| Activity | Date* |
|---|---|
| Opening Date | 11 April 2023 |
| Closing Date | 13 April 2023 |
| Allotment | 19 April 2023 |
| Initiation of Refunds | 20 April 2023 |
| Credit of Shares to Demat Account | 21 April 2023 |
| Listing Date | 24 April 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Borrowings |
|---|---|---|---|---|
| 31 March 2020 | 1,523.88 | 2,008.13 | 4.95 | 784.14 |
| 31 March 2021 | 1,434.94 | 3,864.26 | 14.66 | 944.51 |
| 31 March 2022 | 1,856.48 | 7,074.00 | 70.89 | 942.71 |
| 31 November 2022 | 2,642.94 | 3,595.05 | 114.29 | 950.12 |
As Of Now, GMP is Around 05 Rupees.
Listed at 60 Rupees.