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Standard Glass Lining Technology IPO
182.14xsubscribed

Standard Glass Lining Technology IPO

Chemicals
listed
₹14,231Min. investment

Standard Glass Lining Technology IPO Details

SectorChemicals
Price range₹133 – ₹140
IPO type
Regular
Lot size107 shares
Issue size₹410Cr
Red Herring Prospectus
Read
RevenueApr 2023 - Mar 2024
₹543.66CrLower than sector avg
Growth rate3Y CAGR
50.45%

Standard Glass Lining Technology IPO Subscription Status

Date
QIB
NII
Retail
Total
06-Jan-25
1.82 times (X)
25.25 times (X)
14.55 times (X)
13.33 times (X)
07-Jan-25
4.69X
77.0X
32.83X
34.57X
08-Jan-25
331.6X
263.67X
64.99X
182.14X

As on 06-Jan-25, 5:30 PM

Standard Glass Lining Technology IPO Timeline

  1. Pre-apply
    3 Jan 2025
  2. Bid start
    6 Jan 2025
  3. Bid end
    8 Jan 2025
  4. Allotment
    9 Jan 2025
  5. Release of funds
    10 Jan 2025
  6. Demat transfer
    10 Jan 2025
  7. Listing
    13 Jan 2025

About Standard Glass Lining Technology

Standard Glass Lining Technology, founded in 2012, specializes in manufacturing engineering equipment for industries like pharmaceuticals, chemicals, paint, biotechnology, and food & beverages. With over 65 products, it has supplied more than 11,000 units to 347 clients. The company operates eight manufacturing facilities in Telangana and has a significant presence in India and international markets. In FY24, 81.7% of its revenue came from the pharmaceutical sector. It is launching an IPO worth ₹410.05 crore, aiming for growth in a rapidly expanding industry.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Standard Glass Lining Technology IPO

Loan repayment
61.90%
The company will use ₹130 crore to repay borrowings of itself and its subsidiary.
Investment in subsidiary
14.28%
₹30 crore from the IPO will be invested in S2 Engineering Industry for machinery and equipment.
Strategic investments
9.52%
The company will invest ₹20 crore for inorganic growth through acquisitions or investments.
Capital expenditure
4.76%
₹10 crore from the net IPO proceeds will be used to purchase machinery and equipment.
General corporate purposes
Not assigned
Part of the IPO proceeds will be used for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATP/E ratioD/E ratio
This IPO₹543.66Cr50.45%₹60.01Cr39.770.32
This sector (avg.)₹778.53Cr0%₹63.39Cr115.610.47
₹13,140.31Cr---₹2,096.17Cr65.540.05
₹7,540.26Cr---₹1,287.93Cr92.360.22
₹14,693.07Cr---₹1,250.78Cr46.920.37

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Standard Glass Lining Technology IPO Contact Details

Company NameStandard Glass Lining Technology

How to apply for Standard Glass Lining Technology IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Standard Glass Lining Technology IPO FAQs

Investors can apply for the Standard Glass Lining Technology IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Standard Glass Lining Technology IPO is 410 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Standard Glass Lining Technology IPO will be open between 2025-01-06 and 2025-01-08.
Standard Glass Lining Technology IPO allotment date is 2025-01-10. For Standard Glass Lining Technology IPO allotment status check, you can visit the website of the registrar of the IPO.
For Standard Glass Lining Technology IPO, the IPO registrar is KFin Technologies Limited. You can check Standard Glass Lining Technology IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Standard Glass Lining Technology IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Standard Glass Lining Technology IPO lot size is 107 and minimum order quantity is 107.
Standard Glass Lining Technology IPO has set the price band for its IPO at 140 per equity share with a face value of 10.