Standard Glass Lining Technology IPO

Standard Glass Lining Technology IPO is listed on BSE and NSE, priced at ₹133–₹140 per share. The stock debuted at ₹172, delivering a listing gain of 22.9%. The IPO had a lot size of ₹107 shares and a minimum investment of ₹14,980.

Standard Glass Lining Technology Limited IPO

Mainboard Listed
₹14,980 (107 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 6, 2025 – Jan 8, 2025
Price band
₹133-140 per equity share
Minimum Investment
₹14,980
Issue size
Total ₹410.05 Cr : #Fresh Issue : 1,50,00,000 shares(aggregating up to ₹210.00 Cr) + #OFS : 1,42,89,367 shares of ₹10(aggregating up to ₹200.05 Cr)
Lot size
107
Allotment Date
Jan 9, 2025
Listing
Jan 13, 2025
Listing At
BSE, NSE

IPO timeline

  1. Jan 6, 2025

    Open Date

    Completed

  2. Jan 8, 2025

    Close Date

    Completed

  3. Jan 9, 2025

    Allotment Date

    Completed

  4. Jan 13, 2025

    Listing Date

    Completed

Price Summary

Last closing
137.00 (-2.14%)
52 week high
213.80
52 week low
124.00
Last update

Standard Glass Lining Technology IPO Essentials

Standard Glass Lining Technology IPO Details

Standard Glass Lining Technology IPO is priced at ₹133-140 per share with a total issue size of Total ₹410.05 Cr : #Fresh Issue : 1,50,00,000 shares(aggregating up to ₹210.00 Cr) + #OFS : 1,42,89,367 shares of ₹10(aggregating up to ₹200.05 Cr). The IPO has a lot size of 107 shares and is listed on BSE and NSE.

Issue price
₹133-140 per equity share
Lot size
107 shares
Face value
₹10 Per Equity Share
Issue size
Total ₹410.05 Cr :
#Fresh Issue : 1,50,00,000 shares(aggregating up to ₹210.00 Cr) +
#OFS : 1,42,89,367 shares of ₹10(aggregating up to ₹200.05 Cr)
Listing at
BSE, NSE
List price
172.0(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Iifl Securities Ltd, Motilal Oswal Investment Advisors Limited

Standard Glass Lining Technology IPO Details

  • Retail Portion 35% (Number of Retail Applications: 95,806 Approx),
    (Number of S-HNI Applications : 978 Approx),
    (Number of B-HNI Applications : 1,955 Approx)

Standard Glass Lining Technology IPO Documents

Standard Glass Lining Technology IPO Analytics

Standard Glass Lining Technology IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Standard Glass Lining Technology IPO Subscription Status

Standard Glass Lining Technology IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 58,57,875
43,93,405
29,28,937
14,64,468
1,02,51,278 2,05,02,558
Day 1 06-01-25 05:00 PM
1.82 x
25.43x
23.19x
29.92x
14.46 x 13.32 x
Day 2 07-01-25 05:00 PM
4.69 x
78.17x
76.45x
81.62x
32.87 x 34.85 x
Day 3 08-01-25 05:00 PM
331.60 x
267.99x
294.28x
215.41x
63.99 x 182.57 x
Total No. of Applications
category wise applications
52,39,240 (Approx) Retail:52.40x BHNI:61.60x SHNI:212.60x

Standard Glass Lining Technology Valuations

Earnings

EPS Pre IPO
₹3.25/-
EPS Post IPO
₹3.64/-
P/E Pre IPO
43.04
P/E Post IPO
38.5

Returns

RoNW
20.74%

Data sourced from DRHP / RHP • For educational purposes only

Standard Glass Lining Technology Financials( In Crs.)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 665.38 347.79 298.11
Revenue 549.68 500.08 241.5
Profit After Tax 60.01 53.42 25.15

Standard Glass Lining Technology Company & Offer Insights

About Standard Glass Lining Technology

Established in 2012, Standard Glass Lining Technology Limited is an India-based company that deals with the production of special engineering equipment for pharmaceutical and chemical industries. It provides a turnkey solution, involving design, engineering, manufacturing, assembly, and installation, for the entire manufacturing value chain.

They encompass, reaction systems, storage and separation systems, and dryings systems, made from a glass-lined material, and nickel alloys, stainless steel. The company has the most advanced manufacturing units which are eight in number spread over Hyderabad and a very effective sales network all across India, thus ensuring adequate service and delivery.

Operating with marquee clients as Aurobindo Pharma, Laurus Labs and Cadila Pharmaceuticals, amongst others, the company also offers customized solutions, advance technology, and a healthy growth record.

Choose Standard Glass Lining for innovative and reliable solutions in the pharmaceutical and chemical sectors.

Standard Glass Lining Technology Promoter(s)

Nageswara Rao Kandula, Kandula Krishna Veni, Kandula Ramakrishna, Venkata Mohana Rao Katragadda, Kudaravalli Punna Rao, M/s S2 Engineering Services are the company's promoters of Standard Glass Lining Technology.

Standard Glass Lining Technology IPO Issue Objectives

Funding of capital expenditure requirements of the Company towards the purchase of machinery and equipment.
Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and investment in the wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by S2 Engineering Industry Private Limited, from banks and financial institutions.
Investment in the wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment.
Funding inorganic growth through strategic investments and/or acquisitions.
General corporate purposes

Standard Glass Lining Technology IPO - Anchor Investors

Standard Glass Lining raises Rs 123 crore from anchor investors.

Clarus Capital, ICICI Prudential Mutual Fund, Tata Mutual Fund, Motilal Oswal Mutual Fund, 3P India Equity Fund, ITI Mutual Fund, and Massachusetts Institute of Technology are other investors in the company via anchor investment.

Ace investor Akash Prakash-owned Amansa Holdings is the largest buyer among institutional investors, buying 25 lakh shares worth Rs 35 crore. Kotak Asset Management Company picked more than 14 lakh shares worth more than Rs 20 crore, being the second largest buyer.

Standard Glass Lining Technology IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Standard Glass 5.74 46.5 20.7% 550
GMM Pfaudler 5.28 55.7 19.6% 3,187
HLE Glascoat 5.82 84.0 8.62% 1,009
Thermax 10.7 77.7 14.2% 9,884

Standard Glass Lining Technology IPO - Strengths and Risks

Standard Glass Lining Technology IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Top five specialized engineering equipment manufacturers for India’s pharmaceutical and chemical sectors.
Leading manufacturer of glass-lined, stainless steel, and nickel alloy-based equipment in India.
Supplied over 11,000 products in the last decade, meeting diverse sector needs.
In-house manufacturing of stainless steel glass-lined reactors, up to 10KL capacity.

Risks

Heavy dependence on pharmaceutical and chemical sectors.
Risks from under-utilization of manufacturing capacity.
Dependence on Telangana facilities, subject to risks from disasters and political changes.

Contact Information

Contact Details

Standard Glass Lining Technology

+ 040 3518 2204

corporate@standardglr.com

https://www.standardglr.com/

10th Floor, PNR High Nest, Hydernagar, KPHB Colony, Hyderabad- 500085

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

sgltl.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions

Click any question to reveal the answer

Standard Glass Lining Technology IPO is a book-built IPO worth ₹Total ₹410.05 Cr : #Fresh Issue : 1,50,00,000 shares(aggregating up to ₹210.00 Cr) + #OFS : 1,42,89,367 shares of ₹10(aggregating up to ₹200.05 Cr). The price band is ₹133–₹140 per share. The IPO opens on Jan 6, 2025 and closes on Jan 8, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of Standard Glass Lining Technology IPO is ₹133 to ₹140 per share.

The lot size of Standard Glass Lining Technology IPO is 107 shares.

The minimum investment for Standard Glass Lining Technology IPO is approximately ₹14,980 based on the upper price band .

Standard Glass Lining Technology IPO opens on Jan 6, 2025 and closes on Jan 8, 2025.

The allotment date of Standard Glass Lining Technology IPO is Jan 9, 2025.

Standard Glass Lining Technology IPO is expected to be listed on Jan 13, 2025, on BSE and NSE .

Standard Glass Lining Technology IPO listed on Jan 13, 2025. It was issued at ₹172.0(NSE) and is currently around ₹137.00 as on 16-Jan-2026 3:30 PM, which is approximately -2.1% versus issue price. The 52-week high is ₹213.80.

Based on listing and post-listing performance, Standard Glass Lining Technology IPO delivered around -2.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Standard Glass Lining Technology IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Standard Glass Lining Technology IPO valuation snapshot: P/E 38.5, EPS ₹3.64/-, P/B N/A, RoNW 20.74%, and market cap N/A.

To apply for Standard Glass Lining Technology IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Standard Glass Lining Technology IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Standard Glass Lining Technology IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Standard Glass Lining Technology IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Standard Glass Lining Technology IPO allotment status on IPO Ji for quick and easy access.