Standard Glass Lining Technology Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹133 - ₹140
- Lot size
- 107 shares
- Issue amount
- ₹410.05 cr
- Total subscription
- 183.35×
- Opens
- 6 Jan 2025
- Closes
- 8 Jan 2025
- Allotment
- 9 Jan 2025
- Listing
- 13 Jan 2025
Offer at a glance
Issue overview
- Issue size
- 2,92,89,367 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,231
- Fresh issue
- ₹210 cr
- Offer for sale
- ₹200.05 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,980
- Issue type
- Bookbuilding IPO
- Shares before issue
- 18,44,91,662
- Shares after issue
- 0
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 107 | ₹14,980 |
| sHNI | 14 | 1,498 | ₹2,09,720 |
| bHNI | 67 | 7,169 | ₹10,03,660 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 95,806 | 63,94,560 |
| HNIs(10L +) | 1,955 | 5,90,887 |
| HNIs (2-10L) | 978 | 2,17,823 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 82.01 | 26,879.88 |
| RETAIL | 143.52 | 9,579.05 |
| HNIs 2+ | 20.5 | 4,568.18 |
| HNIs 10+ | 41.01 | 12,392.08 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 1.89 | 3.52 | 3.49 |
| ROE | 8.06 | 20.74 | 47.56 |
| ROCE | 10.81 | 25.49 | 43.43 |
| RONW | 8.06 | 20.74 | 47.56 |
| PRE IPO (PE) | 0 | 43.04 | 0 |
| POST IPO (PE) | 38.5 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in September 2012, Standard Glass Lining Technology Limited is a reliable Indian manufacturer of engineering equipment for the pharmaceutical and chemical sectors. The company offers complete in-house solutions, from design and manufacturing to installation and operational support. Its product range includes reaction systems, storage and drying systems, and plant engineering services, built using high-quality materials like glass-lined steel, stainless steel, and nickel alloys. With eight manufacturing units in Hyderabad and sales offices in Vadodara, Ankleshwar, Mumbai, and Visakhapatnam, the company serves clients such as Aurobindo Pharma, Cadila Pharmaceuticals, Laurus Labs, and Natco Pharma. Supported by 460 full-time employees and 731 contract workers as of September 30, 2024, Standard Glass Lining continues to deliver innovative and dependable engineering solutions across India.
Strengths
- Expertise in Specialized Equipment: We create high-quality, custom-engineered equipment for the pharmaceutical and chemical industries, supporting every stage of the manufacturing process.
- State-of-the-Art Facilities: Our strategically located units in Hyderabad are equipped with advanced technology for seamless and efficient production.
- Complete Turnkey Solutions: From design and engineering to installation and operational support, we offer end-to-end services with a focus on customer needs and innovative solutions.
Risk factors
- Location Dependence: Since all our manufacturing facilities are in Telangana, our operations could be affected by local disruptions, such as economic, political, or natural events.
- Skilled Workforce Reliance: We depend on a highly skilled team, so workforce shortages or retention challenges could impact our work and productivity.
- Supplier Dependence: Relying on a few key suppliers for raw materials means any supply issues could delay production and affect our client relationships and results.
Promoters
Nageswara Rao Kandula
Kandula Krishna Veni
Kandula Ramakrishna
Venkata Mohana Rao Katragadda
Kudaravalli Punna Rao
M/s S2 Engineering Services
Registrar & documents
Lead manager
Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
10th Floor, PNR High Nest, Hydernagar, KPHB Colony Hyderabad- 500085
+040 3518 2204
[email protected]Company website ↗Understanding SGLTL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.