Standard Glass Lining Technology Ltd. aims to raise Rs 410.5 Crores through this offering, with a fresh issue of Rs 200 Crores. The face value of the equity shares Rs 10 each, whit a price band ranging from Rs 133 to Rs 144 per share. The minimum order quantity is 107 shares, translating to a minimum investment of Rs 14,980.
The book running lead managers for this IPO are IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited, ensuring a smooth and efficient process for all investors. ICICI Bank Limited and HDFC Bank Limited have been appointed as the sponsor banks, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is KFin Technologies Limited, offering reliable services for all share-related processes.
Standard Glass Lining Technologies Limited Key Dates
| IPO Open Date | 6-Jan-2025 |
|---|---|
| IPO Close Date | 8-Jan-2025 |
| Allotment Date | 9-Jan-2025 |
| Credit of Share to Demat | 10-Jan-2025 |
| Listing Date | 13-Jan-2025 |
Standard Glass Lining Technology Limited IPO Financial Information
| 30-Sep-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | |
|---|---|---|---|---|
| Assets | 756.52 | 665.37 | 347.78 | 298.10 |
| Borrowing | 173.8 | 129.32 | 81.96 | 69.81 |
| Income | 312.09 | 549.68 | 500 | 241.50 |
| Expenses | 262.35 | 469.88 | 428.22 | 207.73 |
| PBT | 49.73 | 79.80 | 71.85 | 33.77 |
| PAT | 36.26 | 60.01 | 53.42 | 25.14 |
Standard Glass Lining IPO Key Performance Indicator
RoNW 20.74%
NAV 24.55
EPS 3.52
ROCE 25.49%
ROE 20.74%
PAT Margin 10.92%
Standard Glass Lining IPO Peers Comparison
| Name of the Company | Total Income (Cr) | Face Value | P/E | EPS (Diluted) | EPS | Return on Net Worth % |
|---|---|---|---|---|---|---|
| Standard Glass Lining Tech. | 549.68 | 10.00 | - | 3.52 | 3.52 | 20.74% |
| GMM Pfaudler Ltd. | 3466.50 | 2.00 | 30.64 | 39.79 | 39.80 | 20.23% |
| HLE Glascoat Ltd | 976.73 | 2.00 | 56.54 | 6.52 | 6.52 | 7.99% |
| Thermax Ltd | 9556.03 | 2.00 | 81.24 | 57.28 | 57.30 | 15.53% |
| Praj Industries | 3509.77 | 2.00 | 52.54 | 15.42 | 15.42 | 24.09% |