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.
Get the Standard Glass Lining IPO RHP for detailed information.
| 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 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 |
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) |
| Share Holding Pre Issue | 72.49% |
| Share Holding Post Issue |
| 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 | |
| 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) |
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.
| 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 |
The net proceeds are proposed to be utilized by the company for the following purposes:
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/ |
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: sgltl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
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