247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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

Standard Glass Lining Technology Limited is an Engineering based company, located in Hyderabad, Standard Glass Lining Technology Limited IPO size was 410.05 Cr. and was issued at 140.00 per share. The share of Standard Glass Lining Technology Limited were listed at 163.35 per share and are currently trading at 177.18 per share.

Type :
Sub Sector : Manufacturer Of Engineering Equipment For The Pharmaceutical And Chemical Sectors In India.
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
624.20 Cr.

PAT :
72.54 Cr.

Pricing Report

Issue Price :
140.00

Listing Price :
163.35

Current Market Price :
177.18

Issue Price vs CMP :
37.18 (26.56%)

listing Price vs CMP :
13.83 (8.47%)

Performance Report (CAGR* wise)

CAGR : 4643223.47
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Standard Glass Lining Technology

Company Information
Standard Glass Lining Technology is one of the top five specialised engineering equipment manufacturer for pharmaceutical and chemical sectors in India, in terms of revenue in Fiscal 2024, with in house capabilities across the entire value chain. Standard Glass Lining Technology 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 portfolio comprises core equipments used in the manufacturing of pharmaceutical and chemical products, which can be categorized into: (i) Reaction Systems; (ii) Storage, Separation and Drying Systems; and (iii) Plant, Engineering and Services (including other ancillary parts). Standard Glass Lining Technology is also one of India’s top three manufacturers of glass-lined, stainless steel,
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Object of Issue
  • Funding of capital expenditure requirements of the Company 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 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;
  • Investment in their wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment
  • Funding inorganic growth through strategic investments and/or acquisitions
  • General corporate purposes.

Standard Glass Lining Technology MainBoard IPO Details (at the time of IPO)

IPO Type :
Book building
IPO Date :
Jan, 2025
IPO Size :
410.05 Cr.
Market Cap :
2792.88 Cr.   
IPO Subscription :
185.48 X     
PE Multiple :
38.50
Merchant Banker :
Iifl Securities Limited
IPO Registrar:
KFin Technologies Limited

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FAQs

Standard Glass Lining Technology operates in Engineering and Manufacturer Of Engineering Equipment For The Pharmaceutical And Chemical Sectors In India.. The Issue is listed on MainBoard in Jan, 2025. Standard Glass Lining Technology IPO size was 410.05 Cr. with Issue price of 140.00 .

Merchant Banker(s) of Standard Glass Lining Technology IPO: Iifl Securities Limited , Motilal Oswal Investment Advisors Limited

Standard Glass Lining Technology IPO subscription was 185.48 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Standard Glass Lining Technology IPO listed at a listing price of 163.35 against the offer price of 140.00.

The current market price of Standard Glass Lining Technology is 177.18.

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