Standard Glass Lining Technology Limited IPO Details – Price, Date, GMP & Analysis
Standard Glass Lining Technology Limited IPO Overview
Key IPO Details
Investment Summary
The Standard Glass Lining Technology Limited IPO IPO is a mainboard offering scheduled to open on January 6. The issue is priced at ₹140 per share, with a minimum application of 107 shares.
Status: Listed and trading
How to Apply for Standard Glass Lining Technology Limited IPO
To apply for the Standard Glass Lining Technology Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Standard Glass Lining Technology Limited IPO
- Enter bid quantity (minimum 107 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before January 8
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,980(approx. based on lower price band)
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.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Mon, Jan 6, 2025
CompletedClose Date
Wed, Jan 8, 2025
CompletedAllotment
Thu, Jan 9, 2025
CompletedRefund Process
Fri, Jan 10, 2025
CompletedCredit to Demat
Fri, Jan 10, 2025
CompletedListing Date
Mon, Jan 13, 2025
CompletedSubscription Status
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: Invalid Date
IPO Details
Standard Glass Lining IPO Details
| IPO Date | January 6, 2025 to January 8, 2025 |
| Listing Date | January 13, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹140 per share |
| Lot Size | 107 Shares |
| Total Issue Size | 2,92,89,367 shares (aggregating up to ₹410.05 Cr) |
| Fresh Issue | 1,50,00,000 shares (aggregating up to ₹210.00 Cr) |
| Offer for Sale | 1,42,89,367 shares of ₹10 (aggregating up to ₹200.05 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE, BSE |
| Share Holding Pre Issue | 18,44,91,662 shares |
| Share Holding Post Issue | 19,94,91,662 shares |
Standard Glass Lining IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 87,86,809 (30%) | NA |
| QIB Shares Offered | 58,57,875 (20%) | NA |
| bNII > ₹10L | 29,28,937 (10%) | 1,955 |
| sNII < ₹10L | 14,64,468 (5%) | 977 |
| Retail Shares Offered | 1,02,51,278 (35%) | 95,806 |
Standard Glass Lining IPO Timeline (Tentative Schedule)
| IPO Open Date | Mon, Jan 6, 2025 |
| IPO Close Date | Wed, Jan 8, 2025 |
| Tentative Allotment | Thu, Jan 9, 2025 |
| Initiation of Refunds | Fri, Jan 10, 2025 |
| Credit of Shares to Demat | Fri, Jan 10, 2025 |
| Tentative Listing Date | Mon, Jan 13, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 8, 2025 |
Standard Glass Lining IPO Lot Size
| 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 Promoter Holding
| Share Holding Pre Issue | 72.49% |
| Share Holding Post Issue |
Standard Glass Lining IPO Listing Details
| January 13, 2025 |
| 544333 |
| SGLTL |
| INE0M4D01010 |
| ₹140 per share |
Listing Day Trading Information
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹140.00 | ₹140.00 |
| Open | ₹172.00 | ₹176.00 |
| Low | ₹161.00 | ₹161.00 |
| High | ₹182.00 | ₹181.70 |
| Last Trade | ₹163.28 | ₹163.35 |
Financial Information
Company FinancialsStandard Glass Lining Technology Limited Financial Information (Restated Consolidated)
| 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 |
Key Dates
Standard Glass Lining Technology Limited IPO IPO Review & Analysis
Should I Apply for Standard Glass Lining Technology Limited IPO?
The Standard Glass Lining Technology Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹410.05 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Standard Glass Lining Technology Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Standard Glass Lining Technology Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.