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Standard Glass Lining Technology Limited

  • Minimum Investment
    ₹14,231
  • Price Range
    ₹133 - ₹140
  • Issue Size
    ₹410.05 Cr
  • Lot Size
    107 shares

Proceeds of this IPO to be used for

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 its wholly owned material subsidiary

Investment in its wholly owned material subsidiary, S2 Engineering Industry, for funding its capital expenditure requirements towards the purchase of machinery and equipment

Funding inorganic growth through strategic investments and/or acquisitions

General corporate purposes

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Strengths & Weaknesses of Standard Glass Lining Technology Limited

Diverse product portfolio

The company is among the few in India providing end-to-end customized solutions for specialized engineering equipment in the pharmaceutical and chemical sectors. As of September 30, 2024, its portfolio includes over 65 products, covering Reaction Systems, Storage, Separation and Drying Systems, and Plant, Engineering, and Services

Long term relationships

The company has built strong, long-standing relationships with marquee clients in the pharmaceutical and chemical industries. Its expertise in delivering customized solutions, technical know-how, and timely order fulfillment has fostered these relationships across its product categories

Geographical advantage

The company operates eight manufacturing facilities spanning over 400,000 sq. ft., strategically located in Hyderabad, Telangana, India's "Pharma Hub," which contributes 40% of the country's bulk drug production (Source: F&S Report)

Dependent on few vendors for raw materials

The company relies on a limited number of suppliers for key raw materials like stainless steel, carbon/mild steel, nickel alloy, and others. Loss of these suppliers could disrupt manufacturing, delay deliveries, and adversely affect financial performance and operations

Risk of under-utilization

Under-utilization of operational production lines and ineffective use of expanded manufacturing capacities could negatively impact the company's business, future prospects, and financial performance

Delay or default in payments

Delays or defaults in customer payments, or reduced credit periods from service providers, may strain cash flows, leading to significant working capital requirements. Inability to meet these needs could adversely impact the company's business, cash flows, and financial condition

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Standard Glass Lining Technology Limited

Standard Glass Lining Technology Ltd. was incorporated on September 6, 2012. The company is a specialized engineering equipment manufacturer for the pharmaceutical and chemical sectors, offering in-house capabilities across the value chain, including design, manufacturing, installation, and turnkey solutions
  • Promoter
    Nageswara Rao Kandula
  • Promoter
    Kandula Krishna Veni
  • Promoter
    Kandula Ramakrishna
  • Promoter
    Kudaravalli Punna Rao
  • Promoter
    Venkata Mohana Rao Katragadda
  • Promoter
    M/s S2 Engineering Services

Standard Glass Lining Technology Limited IPO FAQs

What is Standard Glass Lining Technology Limited IPO?

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Standard Glass Lining Technology Limited IPO refers to the initial public offering of shares by Standard Glass Lining Technology Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Standard Glass Lining Technology Limited IPO?

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For Standard Glass Lining Technology Limited IPO the issue size is ₹410 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Standard Glass Lining Technology Limited IPO?

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For Standard Glass Lining Technology Limited IPO the minimum investment is ₹14,231. The minimum investment for Standard Glass Lining Technology Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Standard Glass Lining Technology Limited IPO?

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For Standard Glass Lining Technology Limited IPO the lot size is 107 shares. The lot size of Standard Glass Lining Technology Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Standard Glass Lining Technology Limited IPO on Share.Market?

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To apply for Standard Glass Lining Technology Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Standard Glass Lining Technology Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Standard Glass Lining Technology Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Standard Glass Lining Technology Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Standard Glass Lining Technology Limited IPO?

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For Standard Glass Lining Technology Limited IPO the allotment date is January 9, 2025. The allotment date of Standard Glass Lining Technology Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Standard Glass Lining Technology Limited IPO?

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For Standard Glass Lining Technology Limited IPO, the subscription opens on January 6, 2025 and closes on January 8, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
182.44x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
182.44x Oversubscribed
Trade