Standard Glass Lining Technology Limited – IPO
Standard Glass Lining Technology Limited – IPO Details
| IPO Date | January 6, 2025 to January 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 January 6, 2025, and closes on January 8, 2025.
| IPO Open Date | January 6, 2025 |
| IPO Close Date | January 8, 2025 |
| Basis of Allotment | January 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 | January 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: [email protected] Website: https://www.standardglr.com/ |
Standard Glass Lining Technology Limited IPO Registrar
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: [email protected] Website: https://kosmic.kfintech.com/ipostatus/ |