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Standard Glass Lining Technology Limited IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.140.00
Issue Size:
Rs.410.05 Cr
Lot Size:
107 shares
Open Date:
January 6
Standard Glass Lining Technology Limited IPO Overview
Bidding Dates
January 6 - January 8
Min Investment
₹14,980
Price Range
₹140.00
Issue Size
₹410.05 Cr
IPO DRHP Doc
Company Overview
Incorporated in September 2012, Standard Glass Lining Technology Limited manufactures engineering equipment for the pharmaceutical and chemical sectors in India. The company manages the entire production process in-house and provides turnkey solutions, including design, engineering, manufacturing, assembly, installation, and standard operating procedures. Its product portfolio includes specialized engineering equipment made from glass-lined materials, stainless steel, and nickel alloy. The company serves various clients, including major pharmaceutical and chemical manufacturers. It operates eight manufacturing units in Hyderabad and has sales offices across multiple states in India, employing 460 full-time employees and 731 contract laborers.
IPO Timeline
Opens
Jan 6
Closes
Jan 8
Allotment
Jan 9
Refunds
Jan 10
Shares Credit
Jan 10
Listing
Jan 13
Opens
Jan 6
Closes
Jan 8
Allotment
Jan 9
Refunds
Jan 10
Shares Credit
Jan 10
Listing
Jan 13
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 327.76x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 275.21x | Oversubscribed |
| RII (Retail Individual Investors) | 65.71x | Oversubscribed |
| Total Subscription | 185.48x | Oversubscribed |
Last updated: Jan 8, 2025, 06:21 PM
Current GMP:
Rs.50
Est. Listing:
Rs.190
Est. Gain:
+35.7%
Star Rating:
★★★★★(4/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹665.38 Cr | ₹665.38 Cr | ₹347.79 Cr | ₹298.11 Cr |
| Net Worth | ₹409.92 Cr | ₹409.92 Cr | ₹156.67 Cr | ₹69.91 Cr |
| Profit After Tax | ₹60.01 Cr | ₹60.01 Cr | ₹53.42 Cr | ₹25.15 Cr |
| Reserves and Surplus | ₹389.18 Cr | ₹389.18 Cr | ₹139.94 Cr | ₹53.66 Cr |
| Revenue | ₹549.68 Cr | ₹549.68 Cr | ₹500.08 Cr | ₹241.5 Cr |
| Total Borrowing | ₹129.32 Cr | ₹129.32 Cr | ₹81.96 Cr | ₹69.81 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Top five specialized engineering equipment manufacturers for India’s pharmaceutical and chemical sectors.
- Leading manufacturer of glass-lined, stainless steel, and nickel alloy-based equipment in India.
- Custom solutions for pharmaceutical, chemical, food, and beverage industries.
- Supplied over 11,000 products in the last decade, meeting diverse sector needs.
- In-house manufacturing of stainless steel glass-lined reactors, up to 10KL capacity.
- Active partnerships with HHV Pumps and GL Hakko to strengthen product offerings and market position.
- Equipped with cutting-edge CNC plasma, laser cutting, and welding systems.
IPO Details
Standard Glass Lining IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 1,50,00,000 shares (aggregating up to ₹210.00 Cr) |
| IPO Date | January 6, 2025 to January 8, 2025 |
| Issue Price | ₹140 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE, BSE |
| Listing Date | January 13, 2025 |
| Lot Size | 107 Shares |
| Offer for Sale | 1,42,89,367 shares of ₹10 (aggregating up to ₹200.05 Cr) |
| Share Holding Post Issue | 19,94,91,662 shares |
| Share Holding Pre Issue | 18,44,91,662 shares |
| Total Issue Size | 2,92,89,367 shares (aggregating up to ₹410.05 Cr) |
Standard Glass Lining IPO Reservation
Share Reservation Distribution
Retail
10,251,278 shares (35%)
Anchor Investors
8,786,809 shares (30%)
QIB
5,857,875 shares (20%)
bNII (>₹10L)
2,928,937 shares (10%)
sNII (<₹10L)
1,464,468 shares (5%)
Standard Glass Lining IPO Promoter Holding
| Share Holding Post Issue | |
| Share Holding Pre Issue | 72.49% |
Standard Glass Lining IPO Listing Details
| ₹140 per share |
| 544333 |
| INE0M4D01010 |
| January 13, 2025 |
| SGLTL |
Listing Day Trading Information
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹140.00 | ₹140.00 |
| High | ₹182.00 | ₹181.70 |
| Last Trade | ₹163.28 | ₹163.35 |
| Low | ₹161.00 | ₹161.00 |
| Open | ₹172.00 | ₹176.00 |
Key Dates
Open Date:January 6
Close Date:January 8
Listing Date:January 13
