STANDARD GLASS LINING TECHNOLOGY LIMITED

06 Jan 2025 - 08 Jan 2025 Individual Category Main Board BSE NSE

Min Investment

₹14980

Price Band

₹133-₹140

Issue Size

300.79 lakhs
Equity Shares

Lot Size

107

IPO Dates
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06 Jan 2025

Open Date

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08 Jan 2025

Close Date

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09 Jan 2025

Allotment Date

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13 Jan 2025

Listing Date

Standard Glass Lining IPO open date is January 6, to January 8, 2025. This new IPO is a book-built issue of 3 crore equity shares. This issue is the combination of fresh issue and offer-for-sale. Standard Glass Lining IPO price band is Rs 133 to Rs 140 per share. As of now, Standard Glass Lining IPO GMP quotation is at 86 (+61.43%), indicating bullish sentiment among investors.  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.

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About Standard Glass Lining Technology Limited

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.

Founded

2012

Managing Director

Nageswara Rao Kandula

Parent Organization

IPO Objectives

The funds raised from Standard Glass Lining IPO will be used for the funding of the capital expenditure for the 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.

Company Promoters

Nageswara Rao Kandula

Kandula Krishna Veni

Kandula Ramakrishna

Venkata Mohana Rao Katragadda

Kudaravalli Punna Rao

M/s S2 Engineering Services

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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