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The Standard Glass Lining IPO is a book-built issue valued at ₹410.05 crores. It consists of a fresh issue of 1.50 crore shares, totaling ₹210.00 crores, and an offer for sale of 1.43 crore shares, amounting to ₹200.05 crores.
Bidding for the Standard Glass Lining IPO opened on January 6, 2025, and closed on January 8, 2025. The allotment for the IPO is scheduled to be finalized on Thursday, January 9, 2025. The shares will be listed on NSE and BSE, with the tentative listing date set for Monday, January 13, 2025.
The IPO price band is ₹133 to ₹140 per share. Retail investors can apply for a minimum lot size of 107 shares, requiring an investment of ₹14,980. For sNII investors, the minimum investment is 14 lots (1,498 shares), amounting to ₹2,09,720, and for bNII investors, it is 67 lots (7,169 shares), totaling ₹10,03,660.
| IPO Date | January 6, 2025 to January 8, 2025 |
| Listing Date | January 13, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹133 to ₹140 per share |
| Lot Size | 107 Shares |
| Total Issue Size | 2,92,89,367 shares (aggregating up to ₹410.05 Cr) |
| Fresh Issue | 1,50,00,000 shares (aggregating up to ₹ 210.00 Cr) |
| Offer for Sale | 1,42,89,367 shares of ₹10 (aggregating up to ₹200.05 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Share Holding Pre Issue | 18,44,91,662 shares |
| Share Holding Post Issue | 19,94,91,662 shares |
| IPO Open Date | Monday, January 6, 2025 |
| IPO Close Date | Wednesday, January 8, 2025 |
| Basis of Allotment | Thursday, January 9, 2025 |
| Initiation of Refunds | Friday, January 10, 2025 |
| Credit of Shares to Demat | Friday, January 10, 2025 |
| Listing Date | Monday, January 13, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 8, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,980 |
| Retail (Max) | 13 | 1391 | ₹1,94,740 |
| S-HNI (Min) | 14 | 1,498 | ₹2,09,720 |
| S-HNI (Max) | 66 | 7,062 | ₹9,88,680 |
| B-HNI (Min) | 67 | 7,169 | ₹10,03,660 |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 87,86,809 (30%) | NA |
| QIB Shares Offered | 58,57,875 (20%) | NA |
| NII (HNI) Shares Offered | 43,93,405 (15%) | |
| bNII > ₹10L | 29,28,937 (10%) | site < ₹10L |
| sNII < ₹10L | 14,64,468 (5%) | 977 |
| Retail Shares Offered | 1,02,51,278 (35%) | 95,806 |
| Total Shares Offered | 2,92,89,367 (100%) |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 756.52 | 665.38 | 347.79 | 298.11 |
| Revenue | 312.1 | 549.68 | 500.08 | 241.5 |
| Profit After Tax | 36.27 | 60.01 | 53.42 | 25.15 |
| Net Worth | 447.8 | 409.92 | 156.67 | 69.91 |
| Reserves and Surplus | 261.58 | 389.18 | 139.94 | 53.66 |
| Total Borrowing | 173.8 | 129.32 | 81.96 | 69.81 |
Maximizing Opportunities with Standard Glass Lining Technology Limited IPO
The Standard Glass Lining Technology Limited IPO presents an exciting investment opportunity, offering a blend of fresh issues and offers for sale, with a price band of ₹133 to ₹140 per share. With strong backing and a well-structured offering, the IPO aims to raise ₹410.05 crores, appealing to retail and institutional investors. The company’s listing on the NSE and BSE, scheduled for January 13, 2025, marks a significant step towards its growth. Investors looking to participate in this IPO should carefully consider the lot sizes and the associated investment amounts, as the offer is expected to garner considerable attention from the market.
