Standard Glass Lining Technology Limited

Company Profile
Company Name Standard Glass Lining Technology Limited
Open Date 06-01-2025
Close Date 08-01-2025
Exchange BSE, NSE
Lot Size 107 Shares
Issue Price ₹133 to ₹140 per share
Issue Size 2,92,89,367 shares
Application Amount ₹14,980
Recommendation Apply

Incorporation: Incorporated in September 2012, the company’s registered office is situated in Hyderabad, Telangana.
Business Activity: Standard Glass Lining Technology Limited is a manufacturer of engineering equipment for the pharmaceutical and chemical sectors in India. They provide turnkey solutions, including design, engineering, manufacturing, assembly, installation, and standard operating procedures for pharmaceutical and chemical manufacturers.
Human Resource: As of September 30, 2024, 460 full-time employees and 731 contract labourers.

(Read more on the review)

Financial Summary in Cr

KPI’s FY 22 FY 23 FY 24 Sep-24
Revenue 240.19 497.59 543.67 307.20
EBITDA 40.46 85.77 94.91 57.81
Net Profit 25.15 53.42 60.01 36.27
RoCE 37.82% 43.39% 20.21% 11.49%
ROE 36.46% 34.31% 14.67% 8.12%
P/E 63.06 40.11 *Annualised 39.77 38.50

Tentative Timeline

Opening Date 06/01/2025
Closing Date 08-01-2025
Basis of Allotment 09-01-2025
Initiation of Refunds 10-01-2025
Credit of Shares to Demat 10-01-2025
Listing Date 13-01-2025

Objects of the Issue

Funding of capital expenditure requirements of the Company towards the 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 the 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 the 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 and
General corporate purposes

Contact Information

Registered Office 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/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email sgltl.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Anchor Investor Shares Offered 87,86,809 (30%)
QIB Shares Offered 58,57,875 (20%)
NII (HNI) Shares Offered 43,93,405 (15%)
bNII > ₹10L 29,28,937 (10%)
sNII < ₹10L 14,64,468 (5%)
Retail Shares Offered 62,14,489 (35%)
NII (HNI) Shares Offered 26,63,352 (15%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 72.49%
Share Holding Post Issue (Promoters) 58.14%

Contact Us to Enable Your Success!