Standard Glass Lining Technology Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹14,9801107

About Standard Glass Lining Technology Limited

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
read more >

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.

Standard Glass Lining Technology Limited IPO Details

IPO DateJanuary 6, 2025 to January 8, 2025
Face Value₹10 per share
Price Band₹133 to ₹140 per share
Lot Size107 Shares
Total Issue Size2,92,89,367 shares
(aggregating up to ₹410.05 Cr)
Fresh Issue1,50,00,000 shares
(aggregating up to ₹ 210.00 Cr)
Offer for Sale1,42,89,367 shares of ₹10
(aggregating up to ₹200.05 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE, BSE
Share Holding Pre Issue18,44,91,662 shares
Share Holding Post Issue19,94,91,662 shares
IPO Open DateMonday, January 6, 2025
IPO Close DateWednesday, January 8, 2025
Basis of AllotmentThursday, January 9, 2025
Initiation of RefundsFriday, January 10, 2025
Credit of Shares to DematFriday, January 10, 2025
Listing DateMonday, January 13, 2025
Cut-off time for UPI mandate confirmation5 PM on January 8, 2025

Standard Glass Lining Technology Limited IPO Prospectus

Standard Glass Lining Technology Limited Financial Snapshot (in Crore)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets756.52665.38347.79298.11
Revenue312.1549.68500.08241.5
Profit After Tax36.2760.0153.4225.15
Net Worth447.8409.92156.6769.91
Reserves and Surplus261.58389.18139.9453.66
Total Borrowing173.8129.3281.9669.81

Standard Glass Lining Technology Limited Promoters Holding

Nageswara Rao Kandula, Kandula Krishna Veni, Kandula Ramakrishna, Venkata Mohana Rao Katragadda, Kudaravalli Punna Rao and M/s S2 Engineering Services

Standard Glass Lining Technology Limited Contact Details

Standard Glass Lining Technology Limited
10th Floor, PNR High Nest,
Hydernagar, KPHB Colony
Hyderabad- 500085
Phone: + 040 3518 2204
Email: corporate@standardglr.com
Website: https://www.standardglr.com/

0
Comments are closed