Standard Glass Lining Technology Limited

Price
₹133 - ₹140
Lot
107
Subs.
5.27
Expected Listing Earning

Exp. Premium(GMP):
82.60(59.00%)
IPO Details

Open Date: 06-Jan-2025
Close Date: 08-Jan-2025
Allotment Date: 09-Jan-2025
Listing Date: 13-Jan-2025
Listing Price: N/A
Face Value: ₹₹10 Per Equity Share Per Equity Share
Issue Price: ₹₹133-140 per equity share Per Equity Share
Issue Size: Total ₹410.05 Cr : #Fresh Issue : 1,50,00,000 shares(aggregating up to ₹210.00 Cr)
Market Lot (Min Amount): 107 Shares (₹14,980/-)
Valuations

Earning Per Share(EPS)N/A
P/E RatioN/A
RoNWN/A
Net Asset Value (NAV) - Post Issue:N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,2024665.38549.6860.01
31 Mar,2023347.79500.0853.42
31 Mar,2022298.11241.525.15
Promoter(s)

Pre Issue Share HoldingN/A
Post Issue Share HoldingN/A
Company Promoter(s)
1. Nageswara Rao Kandula
2. Kandula Krishna Veni
3. Kandula Ramakrishna
4. Venkata Mohana Rao Katragadda
5. Kudaravalli Punna Rao
6. M/s S2 Engineering Services
Issue Objective(s)

  1. Funding of capital expenditure requirements of the Company towards the purchase of machinery and equipment.
  2. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and investment in the wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by S2 Engineering Industry Private Limited, from banks and financial institutions.
  3. Investment in the wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment.
  4. Funding inorganic growth through strategic investments and/or acquisitions.
  5. General corporate purposes
About Company

Established in 2012, Standard Glass Lining Technology Limited is an India-based company that deals with the production of special engineering equipment for pharmaceutical and chemical industries. It provides a turnkey solution, involving design, engineering, manufacturing, assembly, and installation, for the entire manufacturing value chain.

They encompass, reaction systems, storage and separation systems, and dryings systems, made from a glass-lined material, and nickel alloys, stainless steel. The company has the most advanced manufacturing units which are eight in number spread over Hyderabad and a very effective sales network all across India, thus ensuring adequate service and delivery.

Operating with marquee clients as Aurobindo Pharma, Laurus Labs and Cadila Pharmaceuticals, amongst others, the company also offers customized solutions, advance technology, and a healthy growth record.

Choose Standard Glass Lining for innovative and reliable solutions in the pharmaceutical and chemical sectors.

Disclaimer

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