Standard Glass Lining IPO Listing Date: Key things to know before debut on NSE and BSE

2 min read | Updated on January 10, 2025, 15:01 IST

SUMMARY

Standard Glass Lining IPO listing date: The ₹410.05 crore book-built issue got bids for 3,81,56,56,808 equity shares compared to the 2,08,29,567 shares on offer, leading to 183.18 times subscription.

Standard Glass Lining Technology is one of the leading engineering equipment manufacturers.

Standard Glass Lining IPO listing date: Shares of Standard Glass Lining Technology Ltd are ready to enter the secondary market on Monday, January 13, following a robust response from investors. Standard Glass Lining IPO allotment status was finalised on January 9.

As the Standard Glass Lining IPO listing is around the corner, here are key points to know.

Standard Glass Lining IPO subscription

The ₹410.05 crore book-built issue got bids for 3,81,56,56,808 equity shares compared to the 2,08,29,567 shares on offer, leading to 183.18 times subscription.

Qualified institutional buyers (QIBs) category was subscribed 331.60 times, as they applied for 1,91,99,91,629 equity shares against 57,90,147 shares on offer.

Non-institutional investors (NIIs) placed bids for 1,21,14,47,259 shares against only 45,11,826 shares reserved for them, translating to 268.50 times subscription.

Retail individual investors subscribed their portion 64.99 times, as applications for 68,42,17,920 shares were received as against 1,05,27,594 shares offered.

ALSO READ | Quadrant Future Tek IPO allotment: How to check status online on Link Intime India, NSE, BSE

Standard Glass Lining IPO objectives

The initial share sale was a fresh issue valued at ₹210 crore, as well as an offer for sale of 1.43 crore shares. It had fixed a price range of ₹133 to ₹140 per unit. The IPO required a minimum investment of ₹14,980 for 107 shares.

Investment in subsidiary: The company will use ₹30 crore from the money raised to invest in the subsidiary, S2 Engineering Industry Private Limited, to buy machinery and equipment.
Loan repayment: Funds to the tune of ₹130 crore will be used to clear debt.
Capital expenditure: Around ₹10 crore will be used to purchase equipment.
Strategic investment: Standard Glass Lining will invest ₹20 crore to grow organically through acquisitions or strategic investments.
Other uses: A portion will also be used for corporate general purposes.

Standard Glass Lining IPO listing date and time

Standard Glass Lining shares will start trading on the BSE and the NSE at 10 am on Monday, January 13.

Standard Glass Lining financials

Particulars	FY22	FY23	FY24	H1FY25
Revenue	₹240.19 cr	₹497.59 cr	₹543.67 cr	₹307.20 cr
Net Profit	₹25.15 cr	₹53.42 cr	₹60.01 cr	₹36.27 cr

To learn more about IPO listing, schedule, and upcoming IPOs, visit our page.

About The Author

Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (022) 24229920. Email ID: compliance@upstox.com | Registered Address: 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi - 110001 | RKSV Commodities India Pvt. Ltd.: SEBI Registration No.: INZ000015837 | MCX TM Code: 46510 | CIN: U74900DL2009PTC189166 | Compliance Officer: Mr. Amit Lalan. Tel No.: (022) 24229920. Email ID: compliance@rksv.in | Registered Address: 807, New Delhi House, Barakhamba Road, Connaught Place, New Delhi - 110001. Correspondence Address: 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (West), Mumbai - 400013. | For any complaints, email at complaints@upstox.com and complaints.mcx@upstox.com.

Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES include: Name, PAN, Address, Mobile Number, and E-mail ID. Benefits include effective communication and speedy redressal of grievances. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI, along with our Terms of Use and Privacy Policy.

Upstox Securities Private Limited is a wholly owned subsidiary of RKSV Securities India Private Limited and RKSV Commodities India Private Limited is an associate of RKSV Securities India Private Limited.

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing.
*Brokerage will not exceed the SEBI prescribed limit.

Risk disclosures on derivatives -

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to ₹ 50,000
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Mutual Funds: Top rated funds do not constitute any advice. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.
These are not Exchange traded products, and the Member is just acting as distributor. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.

Attention Investors: As per NSE circular dated July 6, 2022, BSE circular dated July 6, 2022, MCX circular dated July 11, 2022 investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. Investors are further cautioned to avoid practices like:
a) Sharing i) trading credentials – login id & passwords including OTP’s., ii) trading strategies, iii) position details.
b) Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.
c) Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks
d) Dealing in unsolicited tips through like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.
e) Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.

Kindly, read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets : Advisory Guidelines For Investors

Kindly, read the advisory as prescribed by the Exchange with reference to their circular dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: KYC Updation

Attention Investors: Prevent unauthorised transactions in your Demat account by updating your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your Demat account directly from CDSL on the same day. Prevent unauthorised transactions in your Trading account by updating your mobile numbers/email addresses with your stock brokers. Receive information on your transactions directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of investors. KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary. As a business, we don’t give stock tips and have not authorised anyone to trade on behalf of others. If you find anyone claiming to be part of Upstox or RKSV and offering such services, please send us an email at complaints@upstox.com and complaints.mcx@upstox.com.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account. Stockbrokers can accept securities as margin from their clients only by way of a pledge in the depository system w.e.f. 1st September 2020.
Update your email ID and mobile number with your stockbroker/depository participant and receive an OTP directly from the depository on your registered email ID and/or mobile number to create a pledge.
Check your securities/mutual funds/bonds in the Consolidated Account Statement (CAS) issued by NSDL/CDSL every month.

Attention Investors: SEBI has established an Online Dispute Resolution Portal (ODR Portal) for resolving disputes in the Indian Securities Market. This circular streamlines the existing dispute resolution mechanism, offering online conciliation and arbitration, benefiting investors and listed companies. https://www.sebi.gov.in/legal/circulars/jul-2023/online-resolution-of-disputes-in-the-indian-securities-market_74794.html ODR portal for Investors - https://smartodr.in/login

Standard Glass Lining IPO Listing Date: Key things to know before debut on NSE and BSE

Standard Glass Lining IPO subscription

Standard Glass Lining IPO objectives

Standard Glass Lining IPO listing date and time

Standard Glass Lining financials

HPCL, Indian Oil and BPCL fall up to 7% intraday as Brent oil surpass $81 per barrel; check details

HCL Tech Q3 Results LIVE: Shares rise ahead of earnings today

Waaree Energies share price rises over 2% on ₹792 crore deal to acquire Enel Green Power

Standard Glass Lining Share Price LIVE: Stock down 5.6% after listing at 22.86% premium on NSE

Trade setup: NIFTY50 breakout coming?

Trade setup: Trouble ahead for NIFTY50?