Standard Glass Lining Technology Limited – IPO

The Standard Glass Lining IPO has been structured as a book-built issue amounting to ₹410.05 crores. It consists of a fresh issue of 1.50 crore shares, aggregating to ₹210.00 crores, and an offer for sale of 1.43 crore shares, aggregating to ₹200.05 crores.

The subscription period for the Standard Glass Lining IPO is scheduled to open on January 6, 2025, and close on January 8, 2025. The allotment of shares is expected to be finalized on Thursday, January 9, 2025. A tentative listing date of Monday, January 13, 2025, has been set for the IPO on the BSE and NSE.

The price band for the IPO has been determined at ₹133 to ₹140 per share. A minimum application lot size of 107 shares has been specified. An investment of ₹14,980 is required from retail investors for the minimum lot size. For sNII investors, a minimum investment of 14 lots (1,498 shares), amounting to ₹2,09,720, has been set, while for bNII investors, the minimum investment is 67 lots (7,169 shares), amounting to ₹10,03,660.

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Standard Glass Lining Technology Limited – IPO Details

IPO Date February 6, 2025 to February 8, 2025
Listing Date January 13, 2025
Face Value ₹ 10 / Share
Price Band ₹ 133 to ₹ 140 / Share
Lot Size 107 Shares
Total Issue Size ₹410.05 Cr
Fresh Issue ₹210.00 Cr
Offer for Sale ₹200.05 Cr
Employee Discount
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue 18,44,91,662
Share holding post issue
Market Maker portion

Standard Glass Lining Technology Limited Timeline (Tentative Schedule)

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

IPO Open Date February 6, 2025
IPO Close Date February 8, 2025
Basis of Allotment February 9, 2025
Initiation of Refunds January 10, 2025
Credit of Shares to Demat January 10, 2025
Listing Date January 13, 2025
Cut-off time for UPI mandate confirmation February 8, 2025

Standard Glass Lining Technology Limited IPO Lot Size

Bids can be placed by investors for a minimum of 107 shares and in multiples thereof. The minimum and maximum investments by retail investors and HNIs, in terms of shares and amount, are illustrated in the table below.

Application Lots Shares Amount
Retail (Min) 1 107 Rs.14,980
Retail (Max) 13 1,391 Rs.194,740
S-HNI (Min) 14 1,498 Rs.209,720
S-HNI (Max) 66 7,062 Rs.988,680
B-HNI (Min) 67 7,169 Rs.1,003,660
HNI (Min)

Standard Glass Lining Technology Limited IPO Promoter Holding

Share Holding Pre Issue 72.49%
Share Holding Post Issue

Standard Glass Lining Technology Limited IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not more than 15% of the Net Isssue
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered Not less than 35% of the Net Issue
Employee Shares Offered
Total Shares Offered

Standard Glass Lining Technology Limited IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Standard Glass Lining Technology Limited

Standard Glass Lining Technology Limited, incorporated in September 2012, is engaged in the manufacturing of engineering equipment for the pharmaceutical and chemical sectors in India. The entire production process is managed in-house by the company.

Turnkey solutions, including design, engineering, manufacturing, assembly, installation, and standard operating procedures, are provided for pharmaceutical and chemical manufacturers.

Key Performance Indicator

KPI Values
ROE 20.74%
ROCE 25.49%
Debt/Equity 0.32
RoNW 20.74%
P/BV
PAT Margin (%) 10.92
  Pre IPO Post IPO
EPS (Rs) 3.25
P/E (x) 43.04

Objects of the Issue (Standard Glass Lining Technology Limited IPO Objectives)

The net proceeds are proposed to be utilized by the company for the following purposes:

  • The funding of capital expenditure requirements for the purchase of machinery and equipment will be undertaken.
  • Outstanding borrowings, either in full or in part, will be repaid or prepaid by the company. Additionally, an investment will be made in the wholly owned material subsidiary, S2 Engineering Industry Private Limited, to facilitate the repayment or prepayment, in full or in part, of certain borrowings availed by S2 Engineering Industry Private Limited from banks and financial institutions.
  • An investment will also be made in the wholly owned material subsidiary, S2 Engineering Industry Private Limited, to fund its capital expenditure requirements for the purchase of machinery and equipment.
  • Inorganic growth will be supported through strategic investments and/or acquisitions.
  • Funds will also be allocated for general corporate purposes.

Standard Glass Lining Technology Limited Contact Details

Standard Glass Lining Technology Limited

10th Floor, PNR High Nest,

Hydernagar, KPHB Colony

Hyderabad- 500085

Phone: + 040 3518 2204

Email: corporate@standardglr.com

Website: https://www.standardglr.com/

Standard Glass Lining Technology Limited IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: sgltl.ipo@kfintech.com

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

Frequently Asked Questions


What is Standard Glass Lining Technology Limited IPO?
The Standard Glass Lining Technology Limited IPO is classified as an Mainline IPO. The issue price is set between ₹133 and ₹140 per equity share. A minimum of 107 shares is required per order. The IPO will be open from February 6, 2025, to February 8, 2025. The shares are proposed to be listed on BSE, NSE.

When does the Standard Glass Lining Technology Limited IPO open and close?
The Standard Glass Lining Technology Limited IPO will be opened on February 6, 2025, and closed on February 8, 2025.

What is the issue size of the Standard Glass Lining Technology Limited IPO?
The size of the Standard Glass Lining Technology Limited IPO is in total. A fresh issue of ₹210.00 Cr shares, aggregating up to , is included.

What is the price band of the Standard Glass Lining Technology Limited Limited IPO?
The price band for the IPO has been set between ₹133 - ₹140 per equity share.

What is the allotment date of the Standard Glass Lining Technology Limited IPO?
The share allotment date for the Standard Glass Lining Technology Limited IPO is set for February 9, 2025.

What is the Standard Glass Lining Technology Limited listing date?
The Standard Glass Lining Technology Limited IPO is scheduled to be listed on January 13, 2025.

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