
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
+37.1%
Est. Listing
₹192
at current GMP
Subscribed
183.35x
overall
Open
6 Jan 2025
Close
8 Jan 2025
Allotment
9 Jan 2025
Refund
10 Jan 2025
Demat Credit
11 Jan 2025
Listing
13 Jan 2025
Overall Subscription
183.35x
Total Demand
QIB Multiplier
327.76x
Institutions & Funds
NII / HNI
275.74x
High Net-Worth
Retail (RII)
66.74x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 5,857,875 | 1,919,991,629 | 327.76x |
| NIB | 4,393,405 | 1,211,447,259 | 275.74x |
| HNIs(10L +) | 2,928,937 | 885,148,512 | 302.21x |
| HNIs (2-10L) | 1,464,468 | 326,298,747 | 222.81x |
| RETAIL | 10,251,278 | 684,217,920 | 66.74x |
| Total | 24,895,963 | 5,027,104,067 | 183.35x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 95,806 | 6,394,560 | 66.74x |
| HNIs(10L +) | 1,955 | 590,887 | 302.24x |
| HNIs (2-10L) | 978 | 217,823 | 222.72x |
| Total Applications | 98,739 | 7,203,270 | 72.95x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Standard Glass Lining Technology Limited IPO is ₹52 per equity share. Based on the upper price band of ₹133 to ₹140 per equity share, the estimated listing price is ₹192 (+37.1% expected listing gain).
With a lot size of 107 shares and current GMP of ₹52, the expected profit per application lot is approx ₹5,564 (+37.1% gain). Minimum application cost is approx ₹14,980.
The Standard Glass Lining Technology Limited IPO aggregate issue size is ₹410.05 Crores with an equity price band set at ₹133 to ₹140 per equity share. The retail lot size is 107 shares requiring a minimum capital outlay of approx. ₹14,980.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 183.35x (Retail: 66.74x, QIB: 327.76x, NII: 275.74x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-01-09. Investors can verify status using PAN card or application number.
Standard Glass Lining Technology Limited shares are scheduled to list on NSE and BSE on 2025-01-13.