Gold Plus is India's second-largest float glass manufacturer with a market share of 16% in FY 2021. They focus on the value-added glass segment and have become one of the leading players in India with a 30% market share of sales by volume for value-added glass and a 15% market share of sales by volume for clear glass in FY 2021.

Product portfolio

The company has a production line with an aggregate capacity of 1,250 tonnes per day. They have a product portfolio comprising clear glass, 22 value-added glass products, and 11 processed glass products of varying thicknesses between 2 mm and 12 mm.

They cater to a wide range of end-use industries including construction, automotive, and industrial sectors, with various applications such as exterior and interior spaces of residential and commercial buildings, furniture, infrastructure projects, windshields, sunroofs, and white goods.

Distribution network

As of December 31, 2021, the company has developed an extensive distribution network of 1,299 business associates including distributors, processors, and large retailers, across 24 States and 4 Union Territories in India. It has 59 business associates in 8 international markets.

Financial Snapshot

Financial Year Ended	Revenue (₹ Crores)	Profit/Loss for the period (₹ Crores)	EPS (₹)
March 2019	801.64	- 79.51	- 10.45
March 2020	655.81	- 79.87	- 10.56
March 2021	869.43	57.74	6.17
9 months ended 31 December 2021	1036.72	172.36	18.47

Gold Plus Glass Industry Limited’s public offer comprises a fresh issue of equity shares aggregating up to ₹ 300 crores and an offer for sale of 1.28 crores of equity shares from existing shareholders.

How do I apply to the Gold Plus Glass Industry Limited IPO?

You can apply for the Gold Plus Glass Industry Limited IPO using any supported UPI app by following two steps:

• Enter your bid on Kite
• Accept the UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Gold Plus Glass Industry Limited IPO?

You can check the allotment status for the Gold Plus Glass Industry Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.