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Open
6 Jan 2025
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Close
8 Jan 2025
3
Allotment
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Listing
Mon, Jan 13, 2025
Price Band
₹133 to ₹140
Issue Size
2,92,89,367 shares (agg. up to ₹410 Cr)
Lot Size
107 Shares
Listing Date
Mon, Jan 13, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 129.83x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 756.52 | 665.38 | 347.79 | 298.11 |
| Total Income | 312.10 | 549.68 | 500.08 | 241.50 |
| Profit After Tax | 36.27 | 60.01 | 53.42 | 25.15 |
| NET Worth | 447.80 | 409.92 | 156.67 | 69.91 |
| Reserves and Surplus | 261.58 | 389.18 | 139.94 | 53.66 |
| Total Borrowing | 173.80 | 129.32 | 81.96 | 69.81 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mamata Machinery Ltd. | Mainboard | ₹179.35 Cr | ₹243 | 15.3 | ₹630.00 | +159.26% | ₹378.40 (+0.04%) |
| Gala Precision Engineering Ltd. | Mainboard | ₹167.93 Cr | ₹529 | 23.95 | ₹757.15 | +43.13% | ₹1,196.80 (+2.35%) |
| DEE Development Engineers Ltd. | Mainboard | ₹418.01 Cr | ₹203 | 83 | ₹335.32 | +65.18% | ₹703.50 (-2.33%) |
| JNK India Ltd. | Mainboard | ₹649.47 Cr | ₹415 | 43.32 | ₹694.55 | +67.36% | ₹496.85 (-8.78%) |
| Jyoti CNC Automation Ltd. | Mainboard | ₹1,000.00 Cr | ₹331 | 433.43 | ₹434.20 | +31.18% | ₹799.05 (-0.59%) |
| Fabtech Technologies Cleanrooms Ltd. | SME | ₹27.74 Cr | ₹85 | 13.31 | ₹169.57 | +99.49% | ₹385.05 (-4.93%) |
| Boss Packaging Solutions Ltd. | SME | ₹8.41 Cr | ₹66 | 20.72 | ₹86.60 | +31.21% | ₹33.35 (-4.99%) |
| Kataria Industries Ltd. | SME | ₹54.57 Cr | ₹96 | 15.18 | ₹191.50 | +99.48% | ₹99.45 (+1.48%) |
| Prizor Viztech Ltd. | SME | ₹25.15 Cr | ₹87 | 12.17 | ₹173.55 | +99.48% | ₹821.10 (+2.00%) |
| Energy-Mission Machineries (India) Ltd. | SME | ₹41.15 Cr | ₹138 | 14.58 | ₹384.25 | +178.44% | ₹126.60 (-5.52%) |
| Faalcon Concepts Ltd. | SME | ₹12.09 Cr | ₹62 | 16.85 | ₹90.25 | +45.56% | ₹40.95 (+2.63%) |
| Vruddhi Engineering Works Ltd. | SME | ₹4.76 Cr | ₹70 | 17.13 | ₹74.55 | +6.50% | ₹224.25 (+6.76%) |
| Sona Machinery Ltd. | SME | ₹51.82 Cr | ₹143 | 18.8 | ₹131.25 | -8.22% | ₹32.75 (+0.46%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment | 10.00 |
| 2 | Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company and investment in wholly owned Material Subsidiary, S2 Engineering Industry Pvt.Ltd., for repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by S2 Engineering Industry Pvt.Ltd., from banks and financial institutions | 130.00 |
| 3 | Investment in wholly owned Material Subsidiary, S2 Engineering Industry Pvt.Ltd., for funding its capital expenditure requirements towards purchase of machinery and equipment | 30.00 |
| 4 | Funding inorganic growth through strategic investments and/or acquisitions | 20.00 |
| 5 | General Corporate Purposes | 3.43 |
| 6 | Issue Expenses | 32.36 |
| Total | 225.79 |
About Standard Glass Lining IPO
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 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,
Contact Details
Standard Glass Lining Technology Ltd. Address10th Floor, PNR High NestHydernagar, KPHB ColonyHyderabad, Telangana, 500085+ 040 3518 2204corporate@standardglr.comVisit Website