Standard Glass Lining IPO Date, Review, Price, Allotment Details

Standard Glass Lining IPO Details

Standard Glass Lining IPO Market Lot

The Standard Glass Lining IPO minimum market lot is 107 shares with ₹14,980 application amount. The retail investors can apply up-to 13 lots with 1391 shares of ₹1,94,740 amount.

Standard Glass Lining IPO Dates

The Standard Glass Lining IPO date is January 6 and the close date is January 8. The Standard Glass Lining IPO allotment will be finalized on January 9 and the IPO listing on January 13.

Promoters of Standard Glass Lining IPO

The promoters of the company are Nageswara Rao Kandula, Kandula Krishna Veni, Kandula Ramakrishna, Venkata Mohana Rao Katragadda, Kudaravalli Punna Rao and M/s S2 Engineering Services.

About Standard Glass Lining IPO

Standard Glass Lining Technology Limited was founded in 2012 and started manufacturing engineering equipment for pharmaceuticals and chemical areas. It handles all of the processes on its own with efficiency. It provides complete solutions to all such as designing, engineering, manufacturing, assembling, and installing to create standard operating procedures for pharmaceutical and chemical companies. Their consumers are from paint, biotechnology, pharmaceutical, and food beverages. Their promoters play a crucial role in the growth of the company as they are skilled and experts in leadership. It’s famous as an outstanding manufacturing company for glass lined, stainless steel, and high alloy and top three suppliers for polytetrafluoroethylene and pipeline fittings in India. This firm also provides in-house capabilities core specialized equipment and significant engineering equipment for manufacturing and 11,000 products have been supplied over ten years. It is noticeable that this firm is the only firm to provide stainless steel glass-lined rectors suppliers with a capacity of 10KL in India.

Standard Glass Lining IPO Company Financial Report

The company reported revenue of ₹549.68 crores in 2024 against ₹500.08 crore in 2023. The company reported profit of ₹60.01 crores in 2024 against Profit of ₹53.42 crores in 2023.

Amount ₹ in Crores

Standard Glass Lining IPO Valuation – FY2024

Check Standard Glass Lining IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

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

Standard Glass Lining IPO Review

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Standard Glass Lining IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

• Iifl Securities Ltd
• Motilal Oswal Investment Advisors Limited

Company Address

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

Standard Glass Lining IPO FAQs