01-Jan-2025
2 mins read
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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.
Standard Glass Lining IPO FAQ
1. 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.
2. What are the details of the Standard Glass Lining IPO?
Standard Glass Lining 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.
3. 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.
4. 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.
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.
What is an IPO Subscription?
The IPO subscription is a process by which investors bid for shares of the company during its first public offer. Investors from the different categories like retail, institutional and non-institutional apply for shares within the IPO price-band. The level of subscription is measured in terms of how many times shares offered are applied.
A higher subscription time in a specific category reflects strong investors' interest and high demand. Whereas, low subscription reflects lack of demand and under subscription. The subscription data is updated daily which drives the investors sentiment while applying for any IPO.
