Standard Glass Lining IPO, is main board IPO opens for subscription on January 6, 2025 and closes on January 8, 2025. The allotment date of Standard Glass Lining IPO is January 9, 2025 and It’s going to list on BSE, NSE on January 13, 2025.
Standard Glass Lining IPO is book build type IPO. Via this IPO company is going to raise approximately ₹ 410.05 Crores, from which ₹ 210 raise by fresh issue and remaining ₹200.05 is the offer for sale. The IPO price band is set at ₹ 133 to ₹ 140 with the minimum lot size for an application is 107.
Standard Glass Lining IPO Key Details
| IPO Open Date: | January 6, 2025 |
| IPO Close Date: | January 9, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹133 to ₹140 Per Share |
| Issue Type: | Book Built Issue |
| Issue Size: | Approx. ₹410.05 Crores |
| Fresh Issue: | Approx. ₹210 Crores (1,50,00,000 shares) |
| Offer for Sale: | Approx. ₹200.05 Crores (1,42,89,367 shares) |
| Listing On: | BSE & NSE Platform |
| NII Quota: | Not more than 15% |
| QIB Quota: | Not more than 50% |
| Retail Quota: | Not more than 35% |
Standard Glass Lining IPO Important Dates
Important Dates for Standard Glass Lining IPO is available below.
| Events | Important Dates |
|---|---|
| IPO Open Date: | 6th January 2025 |
| IPO Closing Date: | 8th January 2025 |
| Basis of Allotments: | 9th January 2025 |
| Unblocking of IPO Amount: | 10th January 2025 |
| Allotted Shares Credit to Demat: | 10th January 2025 |
| IPO Listing Date: | 13th January 2025 |
Standard Glass Lining IPO Lot Size
Retail investors can bid for minimum 1 lot (107 Shares) with investment amount is ₹14,980, while maximum 13 lot (1391 Shares) with investment amount is ₹1,94,740.
Small HNI investors can bid for minimum 14 lot (1498 Shares) with investment amount is ₹2,09,720, while maximum 66 lot (7062 Shares) with investment amount is ₹9,88,680.
| Application Quota | Lot Size | Number of Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 107 | ₹14,980 |
| Retail (Maximum) | 13 | 1391 | ₹1,94,740 |
| Small HNI (Minimum) | 14 | 1498 | ₹2,09,720 |
| Small HNI (Maximum) | 66 | 7062 | ₹9,88,680 |
| Big HNI (Minimum) | 67 | 7162 | ₹10,03,660 |
Standard Glass Lining IPO Financial Record
| Year Completed | Assets | Revenue | Profit After Tax | Reserves & Surplus | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| March 2022 | ₹298.11 | ₹241.5 | ₹25.15 | ₹53.66 | ₹69.91 | ₹69.81 |
| March 2023 | ₹347.79 | ₹500.08 | ₹53.42 | ₹139.94 | ₹156.67 | ₹81.96 |
| March 2024 | ₹665.38 | ₹549.68 | ₹60.01 | ₹389.18 | ₹409.92 | ₹129.32 |
| September 2024 | ₹756.52 | ₹312.1 | ₹36.27 | ₹261.58 | ₹447.8 | ₹173.8 |
Standard Glass Lining IPO Key Parameters
In the below table you check the key valuation parameters for Standard Glass Lining IPO, such as ROC, ROCE, EBITDA margin, PAT margin, Debt to equity ratio, EPS, PE ratio.
| Key Performance Indicator | Values |
|---|---|
| ROE | 20.74% |
| ROCE | 25.49% |
| Debt/Equity | 0.32 |
| EBITDA Margin | 18.36% |
| PAT Margin | 10.92% |
| Earning Per Share (EPS) | ₹3.52 (Basic) |
| P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 20.74% |
Standard Glass Lining IPO Business Details
Standard Glass Lining Technology Limited was incorporated in September 2012. Company is a manufacturer of engineering equipment for the chemical and pharmaceutical sector in India.
The company manufactures specialized engineering equipment using glass lined materials, stainless steel and nickel alloy. Company handles entire production process in-house, including design, engineering, manufacturing, assembling and standard operating procedures.
Company Product Portfolio
- Plant, Engineering and Services.
- Storage Separations and Drying Systems
- Reaction System.
Client List
| Laurus Labs Limited | Natco Pharma Limited | Suven Pharmaceuticals Limited | Hetero Labs Limited |
| Granules India Limited | MSN Laboratories Private Limited | Tagros Chemicals India Private Limited | Cohance Lifesciences Limited |
| Macleods Pharmaceuticals Limited | Cadila Pharmaceutical Limited | Hazelo Lab Private Limited | Honour Lab Limited |
| Aurobindo Pharma Limited | Deccan Fine Chemicals (India) Pvt Ltd | Sanvira Biosciences Private Limited | Viyash Life Sciences Private Limited |
| Piramal Pharma Limited | Apitoria Pharma Private Limited | Dasami Lab Private Limited | Vamsi Labs Limited |
Company Locations
Manufacturing Units
- 8 Manufacturing Units in Hyderabad, Telangana.
Sales Offices
- Mumbai, Maharashtra
- Vadodara, Ankleshwar in Gujarat
- Vishakhapatnam, Andhra Pradesh
Sales Team Members
- Chennai, Tamil Nadu
- New Delhi
- Jhagadia, Guajrat
- Vijayawada, Andhra Pradesh
- Bengluru, Karnataka
Standard Glass Lining IPO Objective
The core objective for Standard Glass Lining IPO to go public is mentioned in DHRP, the main reasons are available here.
- Funding of capital expenditure requirements of the Company towards the purchase of machinery and equipment.
- Standard Glass Lining IPO company wants to invest in the wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment.
- Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company from banks and financial institutions.
- Funding inorganic growth through strategic investments and/or acquisitions.
- General corporate purposes
Standard Glass Lining IPO Registrar
Kfin Technologies Limited is the registrar for the standard glass lining IPO.
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: sgltl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Standard Glass Lining IPO Company Details
Standard Glass Lining Technology Limited
10th Floor, PNR High Nest,
Hydernagar, KPHB Colony
Hyderabad- 500085
Phone: + 040 3518 2204
Email: corporate@standardglr.com
Website: https://www.standardglr.com/
