Standard Glass Lining IPO 2025

Standard Glass Lining IPO 2025: Key Details, Timeline, and Investment Opportunities

Standard Glass Lining IPO: Book-Built Issue With the Standard Glass Lining IPO, there is an offer for sale to raise funds with a fresh issue, aggregating ₹410.05 crores. This article has covered the following in detail – details of the IPO, timelines, and how much one would require to invest.

Key Highlights of Standard Glass Lining IPO

1. IPO Details:

  • Total Issue Size: ₹410.05 crores (2,92,89,367 shares)
    • Fresh Issue: 1.50 crore shares aggregating ₹210.00 crores
    • Offer for Sale: 1.43 crore shares aggregating ₹200.05 crores
  • Face Value: ₹10 per share
  • Price Band: ₹133 to ₹140 per share

2. IPO Timeline (Tentative):

  • Opening Date: January 6, 2025 (Monday)
  • Closing Date: January 8, 2025 (Wednesday)
  • Basis of Allotment: January 9, 2025 (Thursday)
  • Initiation of Refunds: January 10, 2025 (Friday)
  • Credit of Shares to Demat Accounts: January 10, 2025 (Friday)
  • Listing Date: January 13, 2025 (Monday)

3. Lot Size & Investment:
Investors can bid for shares in lots, with each lot comprising 107 shares.

Investor TypeLotsSharesInvestment Amount
Retail (Min)1107₹14,980
Retail (Max)131,391₹1,94,740
S-HNI (Min)141,498₹2,09,720
S-HNI (Max)667,062₹9,88,680
B-HNI (Min)677,169₹10,03,660

What Makes This IPO Attractive?

Strong Financial Structure: The IPO’s combination of fresh issues and an offer for sale ensures a balanced capital infusion and provides opportunities for existing shareholders to monetize their holdings.
Growth Potential: The company’s post-issue shareholding will be increased to 19.94 crore shares, which presents tremendous growth potential.
Reasonably priced entry: The minimum retail investment of ₹14,980 makes it affordable for small investors.

Subscription Details & Trading Platforms

  1. The IPO will be listed on both NSE and BSE. Thusit would be easier for investors to have seamless trading. Subscriptions open from January 6, 2025, to January 8, 2025. The UPI mandate cut-off time for confirmation is set at 5 PM on January 8, 2025.

Conclusion:

  1. The Standard Glass Lining IPO is your chance to invest in a promising, future-ready company with a solid track record and unlimited growth potential. With its affordable price band, strategic approach, and seamless accessibility, this IPO is set to attract significant attention from investors of all scales.

    Don’t miss this golden investment opportunity. Get ready to subscribe, diversify your portfolio, and embark on a prosperous investment journey starting January 6, 2025!

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