Standard Glass Lining Technology Limited IPO GMP

Standard Glass Lining Technology Limited is one of the top five specialised engineering equipment manufacturer for pharmaceutical and chemical sectors in India. Their capabilities include designing, engineering, manufacturing, assembly, installation and commissioning solutions as well as establishing standard operating procedures for pharmaceutical and chemical manufacturers on a turnkey basis.

Standard Glass Lining Technology, an Book Built Issue amounting to ₹410.05 Crores, consisting an Fresh Issue of 150 Lakh Shares worth ₹ 210.00 Crores and an offer for sale of 142.89 Lakh Shares totaling to ₹ 200.05 Crores. The subscription period for the Standard Glass Lining Technology IPO opens on January 06, 2025, and closes on January 08, 2025. The allotment is expected to be finalized on or about Thursday, January 09, 2025, and the shares will be listed on the BSE & NSE with a tentative listing date set on or about Monday, January 13, 2025.

The Share price band of Standard Glass Lining Technology IPO is set at ₹ 133 to ₹ 140 per equity share. The Market Capitalisation of the Standard Glass Lining Technology Limited at IPO price of ₹140 per equity share will be ₹2,792.88 Crores. The lot size of the IPO is 107 shares. Retail investors are required to invest a minimum of ₹14,980, while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (1,498 shares), amounting to ₹2,09,720.

IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited are the book-running lead manager while KFin Technologies Limited is the registrar for the Issue. 

Standard Glass Lining Technology Limited IPO GMP Today
The Grey Market Premium of Standard Glass Lining Technology Limited IPO is expected to be ₹50 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Standard Glass Lining Technology Limited Day Wise IPO GMP Trend

Standard Glass Lining Technology Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 8th January, 2025, the Standard Glass Lining Technology IPO live subscription status shows that the IPO subscribed 183.18 times on its Final day of subscription period. Check the Standard Glass Lining Technology IPO Live Subscription Status Today at BSE.

Standard Glass Lining Technology IPO Anchor Investors Report
Standard Glass Lining Technology has raised ₹ 123.01 Crores from Anchor Investors at a price of ₹ 140 per shares in consultation of the Book Running Lead Managers. The company allocated 87,86,809 equity shares to the Anchor Investors. Check Full List of Standard Glass Lining Technology Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Standard Glass Lining Technology Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Standard Glass Lining Technology IPO allotment date is 09 January, 2025, Thursday. Standard Glass Lining Technology IPO Allotment will be out on 9th January, 2025 and will be live on Registrar Website from the allotment date. Check Standard Glass Lining Technology IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Standard Glass Lining Technology Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Standard Glass Lining Technology Limited IPO
Standard Glass Lining Technology proposes to utilise the Net Proceeds towards the following objects: 
1. ₹100.00 Million is required for Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment;
2. ₹1,300.00 Million is required for Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and investment in their wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by S2 Engineering Industry Private Limited, from banks and financial institutions;
3. ₹300.00 Million is required for Investment in their wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment;
4. ₹200.00 Million is required for Funding inorganic growth through strategic investments and/or acquisitions; and
5. General corporate purposes.

Refer to Standard Glass Lining Technology Limited RHP for more details about the Company.