Standard Glass Lining Technology Limited
The company is a specialized engineering equipment manufacturer for the pharmaceutical and chemical sectors, with in-house capabilities covering the entire value chain. Its expertise spans designing, engineering, manufacturing, assembly, installation, commissioning, and developing standard operating procedures on a turnkey basis. Over the past decade, it has supplied over 11,000 products. In FY 2024, revenue distribution was 81.79% from the pharmaceutical sector and 12.54% from the chemical sector.
Price Band₹133 - ₹140 |
Dates06 Jan - 08 Jan |
GMP₹32 (22.86%) |
Subscriptions183.18 times |
Issue Size₹410.05 Crs |
Standard Glass IPO Objects
1. Funding of capital expenditure requirements towards purchase of machinery and equipment
2. Repayment of certain outstanding borrowings by company and wholly owned Material Subsidiary
3. Investment in our wholly owned Material Subsidiary, S2 Engineering Industry, for funding its capital expenditure requirements towards purchase of Fixed assets;
4. Funding inorganic growth through strategic investments and/or acquisitions
5. General corporate purposes
Standard Glass IPO Details
Price Band₹133 - ₹140 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹210.00 Cr (1.50 Cr Shares) |
Offer For Sale₹200.05 Cr (1.43 Cr Shares) |
Total Issue₹410.05 Cr (2.93 Cr Shares) |
Face Value₹10 per equity share |
Standard Glass IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
107
14,980
Maximum
13
1,391
1,94,740
|
|||
| Small HNI |
Minimum
14
1,498
2,09,720
Maximum
66
7,062
9,88,680
|
|||
| Big HNI |
Minimum
67
7,169
10,03,660
|
|||
Standard Glass IPO Subscription
Updated as on 08-Jan-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 331.60 | 57,90,147 | 1,91,99,91,629 |
| NII | 268.50 | 45,11,826 | 1,21,14,47,259 |
| bNII (bids above ₹10L) | 294.28 | 30,07,884 | 88,51,48,512 |
| sNII (bids between ₹2L to ₹10L) | 216.96 | 15,03,942 | 32,62,98,747 |
| Retail | 64.99 | 1,05,27,594 | 68,42,17,920 |
| Total | 183.18 | 2,08,29,567 | 3,81,56,56,808 |
Subscription data excludes the Anchor Investor portion.
Standard Glass IPO GMP
The estimated Grey Market Premium of Standard Glass IPO is ₹32 per share (22.86%)
- GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
- The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Standard Glass IPO Financials
| Particulars | Sep 24 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|
| Revenue from Operations | 307.20 | 543.67 | 497.59 | 240.19 |
| Profit after Tax | 36.27 | 60.01 | 53.42 | 25.15 |
| Net Worth | 447.80 | 409.92 | 156.67 | 69.91 |
| Total Borrowing | 173.80 | 129.32 | 81.96 | 69.81 |
| Total Assets | 756.52 | 665.38 | 347.79 | 298.11 |
| NAV per share (in ₹) | 24.40 | 24.55 | 10.17 | 6.08 |
| EPS - Basic (in ₹) | 1.89 | 3.52 | 3.49 | 2.22 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| ROCE | 25.49% |
| ROE | 20.74% |
| Debt to Equity | 0.32 |
| EBITDA (%) | 18.36% |
| PAT (%) | 10.92% |
| Price to earning (PE) | 39.77 |
| Mkt Cap (in Crs.) | 2,793.00 |
| Price to Book (PB) | 5.70 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Standard Glass IPO Peer Comparision
| Particulars | Standard Glass | GMM Pfaudler | HLE Glascoat | Thermax | Praj Industries |
|---|---|---|---|---|---|
| Total Income | 549.68 | 3,466.50 | 976.74 | 9,556.03 | 3,509.78 |
| Profit after Tax | 60.01 | 174.10 | 40.89 | 643.19 | 283.39 |
| EPS (Basic) | 3.52 | 39.80 | 6.52 | 57.30 | 15.42 |
| NAV per share | 24.55 | 215.22 | 61.06 | 394.10 | 69.36 |
| Price to Earning | 39.77 | 30.64 | 56.54 | 81.24 | 52.54 |
| EBITDA Margin | 18.36% | 14.33% | 12.38% | 10.78% | 12.29% |
| PAT Margin | 10.92% | 5.02% | 4.19% | 6.73% | 8.07% |
| Debt equity ratio | 0.32 | 0.94 | 0.93 | 0.29 | 0.13 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 20, 2024 for Peers
Standard Glass IPO Peer Comparision
| Particulars | Standard Glass |
|---|---|
| Total Income | 549.68 |
| Profit after Tax | 60.01 |
| EPS (Basic) | 3.52 |
| NAV per share | 24.55 |
| Price to Earning | 39.77 |
| EBITDA Margin | 18.36% |
| PAT Margin | 10.92% |
| Debt equity ratio | 0.32 |
| GMM Pfaudler | HLE Glascoat | Thermax | Praj Industries |
|---|---|---|---|
| 3,466.50 | 976.74 | 9,556.03 | 3,509.78 |
| 174.10 | 40.89 | 643.19 | 283.39 |
| 39.80 | 6.52 | 57.30 | 15.42 |
| 215.22 | 61.06 | 394.10 | 69.36 |
| 30.64 | 56.54 | 81.24 | 52.54 |
| 14.33% | 12.38% | 10.78% | 12.29% |
| 5.02% | 4.19% | 6.73% | 8.07% |
| 0.94 | 0.93 | 0.29 | 0.13 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 20, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Kandula Ramakrishna | 25.44% |
| Kandula Krishna Veni | 21.45% |
| M/s S2 Engineering Services | 13.02% |
| Other Promoters | 5.4% |
Management Details
| Name | Designation |
|---|---|
| Nageswara Rao Kandula | Managing Director |
| Anjaneyulu Pathuri | Chief Financial Officer |
| Sambasiva Rao Gollapudi | Non-Executive Chairman |
Company Details
STANDARD GLASS LINING TECHNOLOGY LIMITED
D.12, Phase-1, IDA Jeedimetla, Hyderabad, Telangana 500055, India
E-mail: corporate@standardglr.com
Tel: + 040 3518 2204
Website :www.standardglr.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Standard Glass IPO is a Mainboard IPO having an issue size of Rs. ₹410.05 Crs. Standard Glass IPO is priced at ₹133 - ₹140 per share. The issue opens on 06 Jan 25 and closes on 08 Jan 25.
Standard Glass IPO opens on 06 Jan 25 and closes on 08 Jan 25.
The estimated Grey Market Premium of Standard Glass IPO is ₹32 per share (22.86%).
The minimum lot size of Standard Glass IPO is 107 shares & the minimum application amount is Rs. 14980.
The allotment date of Standard Glass IPO is 09 Jan 25.
The listing date of Standard Glass IPO is 13 Jan 25.
Standard Glass IPO is subscribed 183.18 times.
Standard Glass IPO is priced at ₹133 - ₹140 per share.
Click the allotment link on Standard Glass IPO page of IPO360.
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