Standard Glass Lining Technology Limited IPO
Basic Details
| Issue Size | 410.05 |
| Fresh Issue | 1,50,00,000 shares (₹210.00 Cr) |
| Offer for Sale | 1,42,89,367 shares (₹200.05 Cr) |
| Price Band | ₹133 to ₹140 per share |
| Gmp | ₹231 (65%) |
| Lot Size | 107 |
| IPO Open Date | 2025-01-06 |
| IPO Close Date | 2025-01-08 |
| Listing Date | 2025-01-13 |
| Listing At | NSE, BSE |
| Total Shares Offered | 2,92,89,367 shares |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per share |
Company Information
About: Incorporated in September 2012, Standard Glass Lining Technology Limited is a manufacturer of engineering equipment for the pharmaceutical and chemical sectors in India. The company has the capability to manage the entire production process in-house. They provide turnkey solutions, including design, engineering, manufacturing, assembly, installation, and standard operating procedures for pharmaceutical and chemical manufacturers. Their product portfolio includes Reaction Systems, Storage, Separation, and Drying Systems.
Key Performance
| ROE | 20.74% |
| ROCE | 25.49% |
| Debt/Equity | 0.32 |
| RONW | 20.74% |
| PAT Margin | 10.92% |
| Price to Book Value | 5.70 |
| EPS (Pre-IPO) | 3.25 |
| EPS (Post-IPO) | 3.64 |
| P/E (Pre-IPO) | 43.04 |
| P/E (Post-IPO) | 38.5 |
Holding & Portion Details
| QIB Portion | 58,57,875 (20%) |
| NII Portion | 43,93,405 (15%) |
| RII Portion | 1,02,51,278 (35%) |
| Anchor Investor Portion | 87,86,809 (30%) |
| Anchor Bid Date | January 3, 2025 |
Timeline
| IPO Open Date | January 6, 2025 |
| IPO Close Date | January 8, 2025 |
| Allotment Date | January 9, 2025 |
| Listing Date | January 13, 2025 |
| Refunds Initiation Date | January 10, 2025 |
| Credit of Shares to Demat | January 10, 2025 |
Lot Size Details
| Category | Lots | Shares | Amount |
|---|---|---|---|
| retailMin | 1 | 107 | ₹14,980 |
| retailMax | 13 | 1391 | ₹1,94,740 |
| SHNIMin | 14 | 1498 | ₹2,09,720 |
| SHNIMax | 66 | 7062 | ₹9,88,680 |
| BHNIMin | 67 | 7169 | ₹10,03,660 |
Subscription Status
| Category | Subscription Times (x) | Shares Offered | Shares Bid For |
|---|---|---|---|
| QIB | 185.48x | 5857875 | 1919991629 |
| NII | 275.21x | 4393405 | 1209109951 |
| B-NII | 302.21x | 2928937 | 885148512 |
| S-NII | 221.21x | 1464468 | 323961439 |
| Retail | 65.71x | 10251278 | 673654452 |
| Total | 185.48x | 20502558 | 3802756032 |
| Total Applications | 5239243 |
Financial Data(CR)
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Revenue | 312.10 | 549.68 | 500.08 | 241.50 |
| PAT | 36.27 | 60.01 | 53.42 | 25.15 |
| Net Worth | 447.80 | 409.92 | 156.67 | 69.91 |
| Total Borrowing | 173.80 | 129.32 | 81.96 | 69.81 |
Key People
| Lead Managers | IIFL Securities Ltd, Motilal Oswal Investment Advisors Limited |
| Registrar | Kfin Technologies Limited |
Contact Details
Company:
| name | Standard Glass Lining Technology Limited |
| address | 10th Floor, PNR High Nest, Hydernagar, KPHB Colony, Hyderabad-500085 |
| phone | +040 3518 2204 |
| corporate@standardglr.com | |
| website | https://www.standardglr.com/ |
Registrar:Visit Website
| name | Kfin Technologies Limited |
| phone | 0406716222204079611000 |
| sgltl.ipo@kfintech.com | |
| website | https://kosmic.kfintech.com/ipostatus/ |
Broker Recommendations
| subscribe | 19 |
| neutral | - |
| avoid | - |