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Standard Glass Lining Limited IPO (Standard Glass Lining Technology Limited IPO) Details

Standard Glass Lining Limited

Standard Glass Lining Technology Limited IPO's overview

Standard Glass Lining Technology Limited IPO is a book built issue of ₹410.05 Cr (4,10,05,11,380). The issue is a combination of fresh issue of 1.50 Cr (1,50,00,000) shares aggregating to ₹210.00 Cr (2,10,00,00,000) and offer for sale of 1.43 Cr (1,42,89,367) shares aggregating to ₹200.05 Cr (2,00,05,11,380).

Standard Glass Lining Technology Limited IPO is open for subscription on Jan 06, 2025 and closes on Jan 08, 2025. The allotment for Standard Glass Lining Technology Limited IPO is expected to be finalized on Jan 09, 2025. The shares will list on NSE, BSE with tentative listing date fixed as Jan 13, 2025.

Standard Glass Lining Technology Limited IPO price band is set at ₹133 to ₹140 per share. The minimum lot size for an application is 107 Shares. The minimum amount of investment required by retail investors is ₹14,231.

Refer to Standard Glass Lining Technology Limited IPO DRHP for detailed information.

  • IPO date

    Jan 06,2025 - Jan 08,2025

  • Listing Date

    Jan 13,2025

  • Face value

    10

  • Price Band

    133 to ₹140 per share

  • Lot

    107 Shares

  • Total Issue Size

    2.93 Cr (2,92,89,367)

    aggregating up to 410.05 Cr (4,10,05,11,380)

  • Fresh Issue

    1.50 Cr (1,50,00,000)

    aggregating up to ₹210.00 Cr (2,10,00,00,000)

  • Offer for sale

    1.43 Cr (1,42,89,367)

    aggregating up to ₹200.05 Cr (2,00,05,11,380)

  • Issue Type

    Book Building

  • IPO Type

    Main Board
  • Listing At

    NSEBSE

  • Pre Issue Size

    18.45 Cr (18,44,91,662)

  • Post Issue Size

    19.95 Cr (19,94,91,662)

  • Mon, Jan 06, 2025

    IPO Open

  • Wed, Jan 08, 2025

    IPO Close

  • Thu, Jan 09, 2025

    Basis of Allotment

  • Fri, Jan 10, 2025

    Initiation of Refunds

  • Fri, Jan 10, 2025

    Credit of Shares to Demat

  • Mon, Jan 13, 2025

    Listing

Standard Glass Lining Technology Limited IPO Day-wise IPO GMP Trend

Standard Glass Lining Technology Limited IPO last GMP is ₹48, last updated Jan 12,2025. With the price band of 140.00, Standard Glass Lining Technology Limited IPO's estimated listing price is ₹188 (cap price + today's GMP).The expected percentage gain/loss per share is 34.29%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
12-Jan-25140.0048
188(34.29%)12-Jan-2025 15:29
11-Jan-25140.0048
188(34.29%)11-Jan-2025 22:30
10-Jan-25140.0062
202(44.29%)10-Jan-2025 22:31
09-Jan-25140.0078
218(55.71%)9-Jan-2025 22:28
08-Jan-25140.0091
231(65.00%)8-Jan-2025 22:27
07-Jan-25140.0096
236(68.57%)7-Jan-2025 22:24
06-Jan-25140.0093
233(66.43%)6-Jan-2025 22:31
05-Jan-25140.0097
237(69.29%)5-Jan-2025 22:24
04-Jan-25140.0097
237(69.29%)4-Jan-2025 22:30
03-Jan-25140.0088
228(62.86%)3-Jan-2025 22:32
02-Jan-25140.0086
226(61.43%)2-Jan-2025 22:29
01-Jan-25140.0083
223(59.29%)1-Jan-2025 22:24
31-Dec-24140.000
140(0.00%)31-Dec-2024 22:25
30-Dec-240
(0.00%)30-Dec-2024 05:04
29-Dec-240
(0.00%)29-Dec-2024 05:03

Standard Glass Lining Technology Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

110714,980

Retail(Max)

131,3911.95 Lakh (1,94,740)

SHNI(Min)

141,4982.10 Lakh (2,09,720)

SHNI(Max)

667,0629.89 Lakh (9,88,680)

BHNI(Min)

677,16910.04 Lakh (10,03,660)

Standard Glass Lining Technology Limited IPO Financial Information (Restated Consolidated)

LabelSep 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets756.52665.38347.79298.11
Revenue312.1549.68500.08241.5
Profit After Tax36.2760.0153.4225.15
Net Worth447.8409.92156.6769.91
Reserves and Surplus261.58389.18139.9453.66
Total Borrowing173.8129.3281.9669.81
Standard Glass Lining Technology Limited Financial Information

About Standard Glass Lining Limited

Incorporated: September 2012
Industry: Engineering Equipment Manufacturing


Business Description

Standard Glass Lining Technology Limited is a leading manufacturer of specialized engineering equipment tailored for the pharmaceutical and chemical industries in India. The company offers end-to-end turnkey solutions, managing the entire production process in-house, including:

  • Design and Engineering
  • Manufacturing and Assembly
  • Installation and Standard Operating Procedures

Product Portfolio

The company’s product range addresses diverse needs within the pharmaceutical and chemical manufacturing value chain:

  1. Reaction Systems
  2. Storage, Separation, and Drying Systems
  3. Plant Engineering and Services

The equipment is manufactured using materials such as glass-lined materials, stainless steel, and nickel alloy, ensuring durability, quality, and efficiency.


Manufacturing and Sales Presence

Manufacturing Facilities:

  • Location: Hyderabad, Telangana
  • Units: Eight strategically located, technologically advanced facilities.

Sales Offices:

  • Vadodara, Gujarat
  • Ankleshwar, Gujarat
  • Mumbai, Maharashtra
  • Vishakhapatnam, Andhra Pradesh

Sales Team Locations:

  • Jhagadia, Gujarat
  • Chennai, Tamil Nadu
  • New Delhi
  • Bengaluru, Karnataka
  • Vijayawada, Andhra Pradesh

Pan-India Reach:
With its extensive network of offices and sales representatives, the company caters to customers across the country.


Key Customers

Standard Glass Lining Technology Limited serves a marquee clientele that includes industry leaders such as:

  • Aurobindo Pharma Limited
  • Cadila Pharmaceutical Limited
  • Granules India Limited
  • Laurus Labs Limited
  • Natco Pharma Limited
  • Piramal Pharma Limited
  • Suven Pharmaceuticals Limited

(Full list available upon request.)


Employees

As of September 30, 2024, the company employs:

  • 460 full-time employees
  • 731 contract laborers

Competitive Strengths

  1. Specialized Equipment Expertise:

    • Leading manufacturer of customized and innovative engineering solutions for pharmaceutical and chemical sectors.
  2. Comprehensive Product Range:

    • Coverage of the entire manufacturing value chain, from reaction systems to storage and drying systems.
  3. Strategic Manufacturing Setup:

    • Advanced facilities in Hyderabad with robust production capabilities.
  4. Strong Client Relationships:

    • Long-term partnerships with key players across multiple industries.
  5. Market Leadership:

    • Among the top three suppliers for polytetrafluoroethylene and pipeline fittings in India.
    • Sole provider of stainless steel glass-lined reactors with a capacity of 10KL in India.
  6. Proven Track Record:

    • Over 11,000 products supplied in the past decade, showcasing consistent quality and growth.

Conclusion

Standard Glass Lining Technology Limited has established itself as a premier provider of engineering equipment, with a strong focus on innovation, quality, and customer satisfaction. Its integrated in-house capabilities, extensive client base, and advanced manufacturing facilities make it a reliable partner for the pharmaceutical and chemical sectors. The company’s sustained growth and market leadership are a testament to its operational excellence and strategic vision.

Standard Glass Lining Technology Limited IPO's documents

Standard Glass Lining Limited Contact Details

10th Floor, PNR High Nest,
Hydernagar, KPHB Colony
Hyderabad- 500085
Phone: + 040 3518 2204
Email: [email protected]
Website: https://www.standardglr.com/

Standard Glass Lining Technology Limited IPO's Promoters

The promoters of the company are Nageswara Rao Kandula, Kandula Krishna Veni, Kandula Ramakrishna, Venkata Mohana Rao Katragadda, Kudaravalli Punna Rao and M/s S2 Engineering Services.

Standard Glass Lining Technology Limited IPO Registrar