Standard Glass Lining IPO Share Price Allotment Highlights: The Standard Glass Lining IPO opened for subscription on January 6. It closed the IPO bidding on January 8. The price band was set between Rs 133 to Rs 140 per share. With a total value of Rs 410.05 crores, this issue comprises a fresh issue of 1.50 crore shares, valued at Rs 210.00 crores, and an offer for sale of 1.43 crore shares, amounting to Rs 200.05 crores.
The allotment for the IPO is expected to be finalised on January 9, 2025, with the listing of shares on the NSE and BSE scheduled for January 13, 2025.
Standard Glass Lining IPO Day 3 Live Updates: About the company
Standard Glass Lining Technology, established in September 2012, manufactures engineering equipment primarily for the pharmaceutical and chemical industries in India. The company is capable of handling the entire production process internally. Its product range includes reaction systems, storage, separation, and drying systems, plant engineering and Sservices. The company operates eight manufacturing facilities located in Hyderabad, Telangana.