Standard Glass Lining Technology Limited
Jan 6, 2025 - Jan 8, 2025
Standard Glass Lining Technology Limited IPO Details
Mainline
Status
listed
Issue Price
₹133.00 - ₹140.00
Lot Size
107 Shares
Subscription
185.48 times
Listing Price
₹172 (22.86%)
Face Value
₹10 Per share
Issue Size
Approx ₹410.05 Cr
Fresh Issue
Approx ₹210 Cr
Total Shares Offered
Approx ₹200.05 Cr
Retail Quota
-
QIB Quota
-
HNI Quota
-
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Kfin Technologies Limited
NSE Code
SGLTL
BSE Code
544333
IPO Tentative Timetable
Open Date
Mon Jan 06 2025
Close Date
Wed Jan 08 2025
Allotment Date
Thu Jan 09 2025
Refunds Initiation
Fri Jan 10 2025
Demat Transfer
Fri Jan 10 2025
Listing Date
Mon Jan 13 2025
Valuation
Earning Per Share (EPS)
0
Price/Earning P/E Ratio
0
Return on Net Worth (RoNW)
0
Net Asset Value (NAV)
0
Promoters
Pre issue Share Holding
72.49%
Post issue Share Holding
-
Company Promoters
- -
Lead Managers
Iifl Securities Ltd
Motilal Oswal Investment Advisors Limited
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Jan 6, 2025 | 1.8 | 26.21 | 23.81 | 31 | 15.08 | 13.67 |
| Jan 7, 2025 | 4.63 | 80.38 | 78.51 | 84.14 | 33.97 | 35.54 |
| Jan 8, 2025 | 327.76 | 275.21 | 302.21 | 221.21 | 65.71 | 185.48 |
Lot Size
| 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 |
IPO Reservation
| 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%) | 1,955 |
| 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%) | - |
Company Financial
| 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 |
About Company
Incorporated in September 2012, Standard Glass Lining Technology Limited is a manufacturer of engineering equipment for the pharmaceutical and chemical sectors in India. The company has the capability to manage the entire production process in-house.
The company provides turnkey solutions, including design, engineering, manufacturing, assembly, installation, and standard operating procedures for pharmaceutical and chemical manufacturers.
The company's product product portfolio includes
Reaction Systems;
Storage, Separation and Drying Systems; and
Plant, Engineering and Services
The company manufactures specialized engineering equipment using glass-lined materials, stainless steel, and nickel alloy.
The company's customer includes Apitoria Pharma Private Limited, Aurobindo Pharma Limited, CCL Food and Beverages Private Limited, Cohance Lifesciences Limited, Cadila Pharmaceutical Limited, Deccan Fine Chemicals (India) Private Limited, Dasami Lab Private Limited, Laurus Labs Limited, Granules India Limited, Macleods Pharmaceuticals Limited, MSN Laboratories Private Limited, Natco Pharma Limited, Honour Lab Limited, Hetero Drugs Limited, Hetero Labs Limited, Hazelo Lab Private Limited, Piramal Pharma Limited, Sanvira Biosciences Private Limited, Suven Pharmaceuticals Limited, Tagros Chemicals India Private Limited, Vamsi Labs Limited and Viyash Life Sciences Private Limited.
The company has eight manufacturing units situated in Hyderabad, Telangana.
The company's sales offices are situated in Vadodara, Gujarat, Ankleshwar, Gujarat, Mumbai, Maharashtra and Vishakhapatnam, Andhra Pradesh and sales team members are in Jhagadia, Gujarat, Chennai, Tamil Nadu, New Delhi, Bengaluru, Karnataka and Vijayawada, Andhra Pradesh with pan-India reach.
As of September 30, 2024, the company had 460 full-time employees and 731 contract labourers.
Competitive Strength
Specialised engineering equipment manufacturers for the pharmaceutical and chemical sectors.
Customized and innovative range of products throughout the entire pharmaceutical and chemical manufacturing value chain.
Strategically located manufacturing facilities with advanced technological capabilities.
Long term relationships with marquee clientele across sectors.
Consistent track record of profitable growth.
The company provides turnkey solutions, including design, engineering, manufacturing, assembly, installation, and standard operating procedures for pharmaceutical and chemical manufacturers.
The company's product product portfolio includes
Reaction Systems;
Storage, Separation and Drying Systems; and
Plant, Engineering and Services
The company manufactures specialized engineering equipment using glass-lined materials, stainless steel, and nickel alloy.
The company's customer includes Apitoria Pharma Private Limited, Aurobindo Pharma Limited, CCL Food and Beverages Private Limited, Cohance Lifesciences Limited, Cadila Pharmaceutical Limited, Deccan Fine Chemicals (India) Private Limited, Dasami Lab Private Limited, Laurus Labs Limited, Granules India Limited, Macleods Pharmaceuticals Limited, MSN Laboratories Private Limited, Natco Pharma Limited, Honour Lab Limited, Hetero Drugs Limited, Hetero Labs Limited, Hazelo Lab Private Limited, Piramal Pharma Limited, Sanvira Biosciences Private Limited, Suven Pharmaceuticals Limited, Tagros Chemicals India Private Limited, Vamsi Labs Limited and Viyash Life Sciences Private Limited.
The company has eight manufacturing units situated in Hyderabad, Telangana.
The company's sales offices are situated in Vadodara, Gujarat, Ankleshwar, Gujarat, Mumbai, Maharashtra and Vishakhapatnam, Andhra Pradesh and sales team members are in Jhagadia, Gujarat, Chennai, Tamil Nadu, New Delhi, Bengaluru, Karnataka and Vijayawada, Andhra Pradesh with pan-India reach.
As of September 30, 2024, the company had 460 full-time employees and 731 contract labourers.
Competitive Strength
Specialised engineering equipment manufacturers for the pharmaceutical and chemical sectors.
Customized and innovative range of products throughout the entire pharmaceutical and chemical manufacturing value chain.
Strategically located manufacturing facilities with advanced technological capabilities.
Long term relationships with marquee clientele across sectors.
Consistent track record of profitable growth.
Company Contact
10th floor, pnr high nest,hydernagar, kphb colonyhyderabad- 500085
Phone: + 040 3518 2204
Email: corporate@standardglr.com
Website: https://www.standardglr.com/
Registrar Contact
Phone: 04067162222, 04079611000
Email: sgltl.ipo@kfintech.com