Standard Glass Lining IPO GMP Today, Standard Glass Lining IPO Grey Market Premium Updates | Standard Glass Lining IPO, Latest target, Opening gain
Standard Glass Lining IPO began on – Jan 06, 2025. It will close on – Jan 08, 2025. The Total IPO Size is ₹410.05 Crore Approx. The company set its IPO price is ₹133 to ₹140 per share Per Share. There are three basic categories in Standard Glass Lining IPO Subscription:- 1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
Incorporated in September 2012, Standard Glass Lining Technology Limited is a manufacturer of engineering equipment for the pharmaceutical and chemical sectors in India. The company has the capability to manage the entire production process in-house.
The company’s product product portfolio includes
- Reaction Systems;
- Storage, Separation and Drying Systems; and
- Plant, Engineering and Services
The company’s customer includes Apitoria Pharma Private Limited, Aurobindo Pharma Limited, CCL Food and Beverages Private Limited, Cohance Lifesciences Limited, Cadila Pharmaceutical Limited, Deccan Fine Chemicals (India) Private Limited, Dasami Lab Private Limited, Laurus Labs Limited, Granules India Limited, Macleods Pharmaceuticals Limited, MSN Laboratories Private Limited, Natco Pharma Limited, Honour Lab Limited, Hetero Drugs Limited, Hetero Labs Limited, Hazelo Lab Private Limited, Piramal Pharma Limited, Sanvira Biosciences Private Limited, Suven Pharmaceuticals Limited, Tagros Chemicals India Private Limited, Vamsi Labs Limited and Viyash Life Sciences Private Limited.
The company provides turnkey solutions, including design, engineering, manufacturing, assembly, installation, and standard operating procedures for pharmaceutical and chemical manufacturers.
The company manufactures specialized engineering equipment using glass-lined materials, stainless steel, and nickel alloy.
The company’s sales offices are situated in Vadodara, Gujarat, Ankleshwar, Gujarat, Mumbai, Maharashtra and Vishakhapatnam, Andhra Pradesh and sales team members are in Jhagadia, Gujarat, Chennai, Tamil Nadu, New Delhi, Bengaluru, Karnataka and Vijayawada, Andhra Pradesh with pan-India reach.
As of September 30, 2024, the company had 460 full-time employees and 731 contract labourers.
The company has eight manufacturing units situated in Hyderabad, Telangana.
Competitive Strength
- Specialised engineering equipment manufacturers for the pharmaceutical and chemical sectors.
- Customized and innovative range of products throughout the entire pharmaceutical and chemical manufacturing value chain.
- Strategically located manufacturing facilities with advanced technological capabilities.
- Long term relationships with marquee clientele across sectors.
- Consistent track record of profitable growth.
Standard Glass Lining IPO Details:
| Issuer | Standard Glass Lining IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: – Jan 06, 2025 | |
| Issue Closes: – Jan 08, 2025 | ||
| Price Brand | ₹133 to ₹140 per share | |
| Issue Size | ₹410.05 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 107 Shares | |
| Retail (Max) | ₹1,94,740 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | Shares 2,92,89,367 | |
Standard Glass Lining IPO GMP Rates day by day
Standard Glass Lining IPO Market Lot:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,980 |
| Retail (Max) | 13 | 1391 | ₹1,94,740 |
| S-HNI (Min) | 14 | 1,498 | ₹2,09,720 |
| S-HNI (Max) | 66 | 7,062 | ₹9,88,680 |
| B-HNI (Min) | 67 | 7,169 | ₹10,03,660 |
Standard Glass Lining IPO Date, Allotment & Listing:
| Standard Glass Lining IPO Opening Date: | January 6, 2025 |
| Standard Glass Lining IPO Closing Date: | January 8, 2025 |
| Basis of Allotment: | January 9, 2025 |
| Initiation of Refunds: | January 10, 2025 |
| Credit to Demat Account: | January 10, 2025 |
| Listing Date: | January 13, 2025 |
Standard Glass Lining Limited Financial Information (Restated)
Standard Glass Lining Technology Limited’s revenue increased by 10% and profit after tax (PAT) rose by 12% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 756.52 | 665.38 | 347.79 | 298.11 | ||||||||||||||||||||||||||||||||||||
| Revenue | 312.1 | 549.68 | 500.08 | 241.5 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 36.27 | 60.01 | 53.42 | 25.15 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 447.8 | 409.92 | 156.67 | 69.91 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 261.58 | 389.18 | 139.94 | 53.66 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 173.8 | 129.32 | 81.96 | 69.81 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 20.74% |
| ROCE | 25.49% |
| Debt/Equity | 0.32 |
| RoNW | 20.74% |
| PAT Margin | 10.92 |
| Price to Book Value | 5.70 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.25 | |
| P/E (x) | 43.04 |
Objects of the Issue (Standard Glass Lining IPO Objectives)
The Company proposes to utilize the Net Proceeds towards funding the following objects:
- 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 and
- General corporate purposes
Standard Glass Lining IPO ALLOTMENT STATUS
How to Apply for Standard Glass Lining IPO?
If you’re a new investor Open a DEMAT Account for free with Angel One and build wealth with the best stock choices. Join a 1 million+ family of happy customers.
How to Apply Standard Glass Lining IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Standard Glass Lining”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Standard Glass Lining IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Standard Glass Lining”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Standard Glass Lining IPO?
Standard Glass Lining IPO is a main-board initial public offering of 2,92,89,367 Equity shares of the face value of ₹10 aggregating up to ₹410.05 Crores. The issue price of the IPO is ₹133 to ₹140 Per Equity Share. The minimum order quantity is 107 Shares per application and the offer type is Book Built Issue. The IPO opens on –Jan 06, 2025 and closes on –Jan 08, 2025. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Standard Glass Lining IPO opens on –Jan 06, 2025 and closes on –Jan 08, 2025.
How to apply for Standard Glass Lining IPO?
You can apply in Standard Glass Lining IPO online using either UPI or ASBA as payment method. Iifl Securities Ltd, Motilal Oswal Investment Advisors Limited are the book running lead managers of the Standard Glass Lining IPO, while Kfin Technologies Limited is the registrar for the issue.
When Standard Glass Lining IPO allotment?
The finalization of Basis of Allotment for Standard Glass Lining IPO will be done on –Jan 09, 2025, and the allotted shares will be credited to your demat account by –Jan 10, 2025.
Check the Standard Glass Lining IPO allotment status.
When is Standard Glass Lining IPO listing date?
The Standard Glass Lining IPO listing date is not yet announced. The tentative date of Standard Glass Lining IPO listing is – Jan 13, 2025.
What is the lot size of Standard Glass Lining IPO?
Standard Glass Lining lot size is 107 Shares and the minimum order quantity is 1 Share.