What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 10 Jan 2025.

Standard Glass Lining Technology Limited

ListedMainboard

Capital Goods / Industrial Manufacturing · NSE / BSE

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.

Price Band

₹133 – ₹140

Issue Size

₹410 Cr

Lot Size

107 shares

GMP

₹52

+37.1%

Est. Listing

₹192

at current GMP

Subscribed

183.35x

overall

Open

6 Jan 2025

8 Jan 2025

Allotment

9 Jan 2025

Refund

10 Jan 2025

Demat Credit

11 Jan 2025

Listing

13 Jan 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Standard Glass Lining Technology Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

9 Jan 2025

Basis finalization

Refunds Initiate

10 Jan 2025

Mandate release

Demat Credit

11 Jan 2025

Shares in demat

Listing Debut

13 Jan 2025

Trading begins

How to Check Standard Glass Lining Technology Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Standard Glass Lining Technology Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Standard Glass Lining Technology Limited Public Issue & Market Profile

Standard Glass Lining Technology Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹410.05 Crores. The shares are offered at a price band of ₹133 to ₹140 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 107 shares (approx. ₹14,980 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-01-11, while un-allotted funds or UPI block mandates will be released on 2025-01-10.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.