Standard Glass Lining Technology Limited IPO
MainboardIndustrial Products
Listed On: Jan 13, 2025 at ₹ 172.0(NSE)
₹ 14980 /107 Shares
Check Allotment06 Jan, 2025
Open Date08 Jan, 2025
Close Date09 Jan, 2025
Allotment Date13 Jan, 2025
Listing DatePrice Summary
Last Closing
179.05 (27.89%)52 Week High
213.8052 Week Low
124.00Last Update
24-Oct-2025 3:30 PMStandard Glass Lining Technology IPO Issue Details
- Issue Price ₹133-140 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 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 2025-01-13
- Lead Manager Iifl Securities Ltd
Motilal Oswal Investment Advisors Limited - Registrar Kfin Technologies 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 Details
The IPO of Standard Glass Lining Technology is priced at ₹133-140 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jan 6, 2025 and ends on Jan 8, 2025. The allotment for Standard Glass Lining Technology IPO will be finalized on Jan 9, 2025. Standard Glass Lining Technology IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jan 13, 2025. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Iifl Securities Ltd, Motilal Oswal Investment Advisors Limited.
The Standard Glass Lining Technology IPO sets its price band at 133-140 for each share. A single application for Standard Glass Lining Technology Limited IPO must contain at least 107 shares.
Standard Glass Lining Technology IPO Subscription Analysis And Details
| As on | QIB | NII bNII sNII | 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 | 25.43 23.19 x 29.92 x | 14.46 x | 13.32 x |
Day 2 07-01-25 05:00 PM | 4.69 x | 78.17 76.45 x 81.62 x | 32.87 x | 34.85 x |
Day 3 08-01-25 05:00 PM | 331.60 x | 267.99 294.28 x 215.41 x | 63.99 x | 182.57 x |
Standard Glass Lining Technology Valuations
Standard Glass Lining Technology Company Financials
| 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 |
About Standard Glass Lining Technology Company
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
Pre Issue Share Holding : 72.49%
Post Issue Share Holding : N/A%
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 |
Strength
Weakness
Contact Details
Standard Glass Lining Technology
10th Floor, PNR High Nest, Hydernagar, KPHB Colony, Hyderabad- 500085
+ 040 3518 2204
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Standard Glass Lining Technology IPO - FAQs
Ans. Standard Glass Lining Technology Limited IPO is a Mainboard IPO. The issue is priced at ₹133-140 per equity share. The minimum order quantity is 107 Shares. The IPO opens on Jan 6, 2025, and closes on Jan 8, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Standard Glass Lining Technology Limited IPO opens on Jan 6, 2025 and closes on Jan 8, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Standard Glass Lining Technology Limited IPO is 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).
Ans. The Standard Glass Lining Technology Limited IPO price band is set between ₹133-140 per equity share.
Ans. To apply for Standard Glass Lining Technology Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Standard Glass Lining Technology Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Standard Glass Lining Technology Limited IPO is Jan 9, 2025.
Ans. The Standard Glass Lining Technology Limited IPO will be listed on Jan 13, 2025.
Ans. Follow the steps to check the Standard Glass Lining Technology Limited IPO allotment status online.
