Standard Glass Lining IPO GMP, Open Date, Price Band, Allotment Status

Standard Glass Lining IPO open date is January 6, to January 8, 2025. This new IPO is a book-built issue of Rs 410.05 crore. This issue is the combination of fresh issue and offer-for-sale. The fresh issue is of Rs 210 crore and offer-for-sale is of Rs 200.05 crore.

Standard Glass Lining IPO price band is Rs 133 to Rs 140 per share. As of now, Standard Glass Lining IPO GMP quotation is not yet started.  Live IPO Grey Market Premium details will be visible online.

Standard Glass Lining IPO lot size is 107 shares. The IPO allotment status will be finalised on January 9, 2025. The IPO listing date is January 13, 2025. The shares will be listed on NSE and BSE platform. The minimum investment for the retail investors for 1 lot is expected to be Rs 14,980. The registrar for the Standard Glass Lining IPO is Kfin Technologies Limited.

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Standard Glass Lining IPO GMP

The Standard Glass Lining IPO GMP has not yet started. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Standard Glass Lining IPO GMP might rise in the coming days.

Standard Glass Lining IPO Price Band

Standard Glass Lining IPO price band is Rs 133 to Rs 140 per share. The minimum amount of investment for the retail category is around Rs 14,980 and for small NII minimum investment is to be around Rs 2,09,720. The minimum investment for the Big NII is to be around Rs 10,03,660.

Standard Glass Lining IPO Open Date, Close Date

Standard Glass Lining IPO open date is Monday, 6 January 2025 and closing date is Wednesday, 8 January 2025. Initiation of refund date is 10 January 2025 and credit of shares will be on 10 January 2025.

Standard Glass Lining IPO Allotment Status

Standard Glass Lining IPO allotment status will be finalised on January 9, 2025. The listing will be on the BSE and NSE platforms, the date is January 13, 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Standard Glass Lining IPO Listing Date

Standard Glass Lining IPO's listing date is finalised on January 13, 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Standard Glass Lining IPO: Listing Date, Lot Size, Price Band

Standard Glass Lining IPO Limited: About the Company

Standard Glass Lining Limited was incorporated in 2012, involved in the manufacturing of Rs engineering equipment for pharma and chemical sectors. Standard Glass Lining has the capability to manage the entire production process in-house.

The product portfolio of the company includes 1) Reaction Systems 2) Storage, Separation and Drying systems. 3) Plant, Engineering and Services.

Standard Glass Lining Limited provides turnkey solutions, including design, engineering, manufacturing, assembly, installation, and standard operating procedures for pharmaceutical and chemical manufacturers.

Standard Glass Lining IPO Objectives

The funds raised from Standard Glass Lining IPO will be used for the funding the capital expenditure for purchase of machinery and equipment. Also the funds will be used for the repayment of the past borrowings. The remaining will be used for the investment in subsidiary companies. The remaining funds will be used for fulfilling the general corporate purposes.

Standard Glass Lining IPO: Key Dates, Allotment, Listing Date

Standard Glass Lining IPO Subscription Status, IPO Reservation

Standard Glass Lining IPO subscription status will be available after the IPO opens on 8 january 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

Standard Glass Lining IPO Lot Size Details

Standard Glass Lining IPO lot size is 107 shares. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,980 and the maximum is 13 lots, amounting to be around Rs 1,94,740. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,09,720.

Standard Glass Lining IPO Promoter Holdings

Standard Glass Lining IPO promoters are Nageswara Rao Kandula, Kandula Krishna Veni, Kandula Ramakrishna, Venkata Mohana Rao Katragadda, Kudaravalli Punna Rao and M/s S2 Engineering Services. The promoters' shareholdings before the IPO were 72.49%; however, after the IPO, shareholdings will decline.

Standard Glass Lining Limited Company Financials

Standard Glass Lining Limited posted revenue of Rs 549.68 crore and net profit of Rs 60.01 crore for the period ending on 31 Mar 2024. The company’s revenue increased by 10% and PAT increased by 12% between the FY ending on 31 March 2024 and 31 March 2023.

Standard Glass Lining IPO Registrar

Standard Glass Lining IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Standard Glass Lining IPO Lead Managers

Standard Glass Lining IPO lead managers are IIFL Securities and Motilal Oswal Investment Advisors Limited.

How to apply to Standard Glass Lining IPO

Interested investors can apply to the Standard Glass Lining IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Standard Glass Lining IPO Review

Standard Glass Lining IPO may get a positive response from the general public. The company manufactures engineering equipment in the pharma and chemical sector. So, investors interested in the pharma and chemical sector can apply to this IPO.

This upcoming IPO is expected to get a neutral response on the last bidding date. Moreover, if the IPO gets a positive response then Standard Glass Lining IPO GMP will also rise.

Standard Glass Lining IPO FAQ

1. What are the details of the Standard Glass Lining IPO?

Standard Glass LiningIPO is a book-built issue of Rs 410.05 crore. This issue is the combination of fresh issue and offer-for-sale. The fresh issue is of Rs 210 crore and offer-for-sale is of Rs 200.05 crore.

2. When will the Standard Glass Lining IPO open and close?

Standard Glass Lining IPO open date is Monday, 6 January 2025 and closing date is Wednesday, 8 January 2025. Initiation of refund date is 10 January 2025 and credit of shares will be on 10 January 2025.

3. What is Standard Glass Lining IPO GMP?

The Standard Glass Lining IPO GMP has not yet started. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Standard Glass Lining IPO GMP might rise in the coming days.

4. What are the details of Standard Glass Lining IPO Subscription Status?

Standard Glass Lining IPO subscription status will be available after the IPO opens on 8 january 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

Standard Glass Lining IPO allotment status will be finalised on January 9, 2025. The listing will be on the BSE and NSE platforms, the date is January 13, 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Standard Glass Lining IPO?

Standard Glass Lining IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are IIFL Securities and Motilal Oswal Investment Securities Limited.

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