Standard Glass Lining IPO & GMP
Standard Glass Lining IPO coming with issue of ₹410.05 crore, With the price band of 140.00, Standard Glass Lining IPO’s estimated listing price is ₹228 (cap price + today’s GMP).The expected percentage gain/loss per share is 62.86% as on 4th of Jan 2025. The IPO opens for subscription on January 6, 2025, and closes on January 8, 2025. The allotment is expected to be finalized on 9th of Jan 2025, with the listing date tentatively set for 13th of Jan, 2025, on both NSE and BSE.
The IPO price band is ₹133 to ₹140 per share. The minimum application size is 107 shares, Retail investor require to investment of ₹14,980 for a single lot. For sNII ( small non-institutional investor), the minimum investment is ₹2,09,720 (1,498 shares in 14 lots), while for bNII (Big Non-Institutional Investor), it is ₹10,03,660 (7,169 shares in 67 lots).
| IPO Activity | Date |
|---|---|
| IPO Open Date | 06-01-2025 |
| IPO Close Date | 08-01-2025 |
| Basis of Allotment Finalisation Date* | 09-01-2025 |
| Refunds Initiation* | 10-01-2025 |
| Credit of Shares to Demat Account* | 10-01-2025 |
| IPO Listing Date* | 13-01-2025 |
Price Metrics
| Metric | Pre-IPO | Post-IPO |
| P/E (x) | 3.25 | 3.64 |
| EPS (₹) | 43.04 | 38.5 |
Registrar for Standard Glass Lining IPO
Kfin Technologies Limited
- Contact Number: 04067162222, 04079611000
- Email Address: sgltl.ipo@kfintech.com
Website: Standard Glass Lining IPO Registrar
Specialists in Glass Lining Technology
Standard Glass Lining Technology Limited (SGL), located in Hyderabad, Telangana, specialises in manufacturing of glass-lined, stainless steel, and high-alloy based specialised engineering equipment suppliers of polytetrafluoroethylene (“PTFE”) lined pipelines and fittings.
Primarily serving the Chemical, Pharmaceutical, Food and Fertiliser sectors, SGL operates through our eight manufacturing facilities spread across built-up/floor area of over 400,000 sq. ft., strategically located in Hyderabad, Telangana. These facilities have a production capacity of over 300 vessels per month, ranging from 63 to 40,000 litres.
Under the leadership of Managing Director Mr. Nageswara Rao Kandula, the experienced SGL team boasts over three decades of expertise in creating glass-lined products that meet international standards for a wide range of chemically aggressive applications.
Website: Standard Glass LiningFinancial Performance| Particulars | For period ended Septmeber 30, 2024 | Year ending on March 31, 2024 | Year ending on March 31, 2023 | Year ending on March 31, 2022 |
|---|---|---|---|---|
| Revenue from Operation (in ₹ lakh) | 3,071.95 | 5,436.69 | 4,975.88 | 2,401.87 |
| Profit After Tax (PAT) (in ₹ lakh) | 362.68 | 600.11 | 534.24 | 251.45 |
| Total Borrowings (in ₹ lakh) | 1,737.95 | 1,293.24 | 819.62 | 698.08 |
| Net Worth (in ₹ lakh) | 4,478.04 | 4,099.24 | 1,566.67 | 699.06 |
| Return on Capital Employed (%) | 10.81% | 25.49% | 43.43% | 42.03% |
| Return on Equity (%) | 8.06% | 20.74% | 47.56% | 54.89% |
| Debt to Equity Ratio (x) | 0.39 | 0.32 | 0.53 | 1.01 |
| Earning Per Share (EPS)-in absolute ₹ | 1.89 | 3.52 | 3.49 | 2.22 |
Source: NewIPO
