Standard Glass Lining Technology Ltd. IPO

Standard Glass Lining IPO is a book-built issue totaling Rs 410.05 crores, comprising a fresh issue of Rs 210.00 crores and an offer for sale of Rs 200.05 crores, with a total of 2.93 crore shares. The IPO opens for subscription on January 6, 2025, and closes on January 8, 2025. The allotment is expected on January 9, 2025, with a tentative listing date on January 13, 2025, on BSE and NSE. The price band is set at Rs 133 to Rs 140 per share. Retail investors need Rs 14,980 for a minimum lot of 107 shares, while sNII and bNII investments start at Rs 2,09,720 and Rs 10,03,660, respectively.

RHP
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DRHP
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Open Date

2025-01-06

Close Date

2025-01-08

Standard Glass Lining Technology Ltd. IPO Details

Check out the issue details for Standard Glass Lining Technology Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 140

Price Band

₹ 133 - 140

Issue Size

410.05 Cr.

Issue Type

Book Built

Open

2025-01-06

Close

2025-01-08

Listingprice

₹ 172

ListingGain

22.86%

Listing Date

2025-01-13

CMP

₹ 175.71

Current Return

25.51%

Company Financials

You can get the following financial statements of Standard Glass Lining Technology Ltd. as of now.

Standard Glass Lining IPO Details

The details about the Standard Glass Lining IPO are as follows:

  • The issue size of the IPO is 410.05 Cr.
  • The price band for Standard Glass Lining IPO is Rs 133 to Rs 140.
  • The shares of Standard Glass Lining IPO will list on 13th January 2025.
  • The latest tentative GMP of Standard Glass IPO is Rs 85.
  • The shares of Standard Glass Lining IPO are subscribed 185.48 Times.

 

Standard Glass Lining IPO Valuation

The approx valuation of Standard Glass Lining IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 140
Existing Shares (Qty) 18.44 Cr
Fresh Issue 210 Cr
Market Cap 2791.6 Cr
EPS (FY24) Rs 3.52
PE Ratio 39.77x
Industry PE 55.24x

 

Standard Glass Lining IPO Issue Size

Standard Glass Lining IPO issue size is 410.05 Cr.

Issue Amount
Fresh Issue 210 Cr
Offer For Sale 200.05 Cr

 

Standard Glass Lining IPO Market Lot

An individual can apply for a minimum of 1 lot of 107 shares and a maximum of 13 lots of 1391 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 107 Rs 14,980
Maximum 13 1391 Rs 1,94,740

 

Standard Glass Lining IPO Share Offer

The shares of Standard Glass Lining IPO are subscribed 35.51 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Standard Glass IPO GMP (Grey Market Premium)

As on GMP (Tentative)
9 January 2025 Rs 85

Standard Glass Lining IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Standard Glass Lining IPO Dates

Find below the dates for Standard Glass Lining IPO

Schedule Date
Basis of Allotment 9 January 2025
Refunds 10 January 2025
Credit to Demat Account 10 January 2025
IPO Listing Date 13 January 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Net Sales 152.73 209.72 209.47
Total Expenditure 125.97 177.59 172.94
Operating Profit 26.76 32.14 36.53
Other Income 1.35 3.93 7.66
Interest 3.12 4.48 4.74
Depreciation 3.82 4.5 5
Exceptional Items 0 0 0
Profit Before Tax 21.18 27.08 34.46
Provision for Tax 5.22 6.96 8.08
Net Profit 15.96 20.12 26.37
Adjusted EPS (Rs.) 0.1 0.13 0.15

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 15.3 15.78 18.16
Total Reserves 45.42 98.4 315.61
Borrowings 4.29 2.07 0.03
Other N/C liabilities 15.45 14.4 11.98
Current liabilities 90.35 76.99 106.54
Total Liabilities 170.8 207.66 452.33
Assets
Net Block 38.77 47.91 49.65
Capital WIP 0 2.32 3.07
Intangible WIP 0 0 0
Investments 10.19 10.7 48.64
Loans & Advances 15.67 16.51 51.2
Other N/C Assets 1.04 0.04 0.36
Current Assets 105.13 130.17 299.41
Total Assets 170.8 207.66 452.33
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Profit from operations 21.18 27.08 34.46
Adjustment 6.28 7.39 3.13
Changes in Assets & Liabilities -20.35 -23.79 -42.9
Tax Paid -6.12 -8.85 -6.9
Operating Cash Flow 0.98 1.83 -12.22
Investing Cash Flow -41.23 -25.65 -190.04
Financing Cash Flow 40.36 29.13 212.17
Net Cash Flow 0.11 5.3 9.91
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