Standard Glass Lining IPO: GMP of standard glass lining is the trending question of the hour! Let’s learn what this equipment engineering manufacturer in India has to offer its investors through its IPO!
Overview of Standard Glass Lining
With in-house skills throughout the whole value chain, making them one of India’s top five manufacturers of specialized technical equipment for the chemical and pharmaceutical industries, Standard Glass can build, design, assemble, manufacture, install, and commission systems with creation of standard operating procedures. The business works on a portfolio of: Drying, Storage, Reaction and separation Systems. It also includes plant, services and engineering of distinctive parts that are ancillary.
Standard Glass Lining IPO Status Check
From the time standard Glass has disclosed its bidding date, investors were waiting for the allotment of standard glass. Given below are a few instrumental highlights of this IPO:
| IPO Opening Date | 6 January 2025 |
| IPO Closing Date | 8 January 2025 |
| Lot size | 107 shares |
| Listed At | NSE, BSE |
| Issue size | 410.05 Crores |
| Price Range | ₹133-140 |
Allotment Status of Standard Glass Lining
Investors who purchased shares in Standard Glass’ mammoth offering can check their allocation status on KFin Technologies Limited’s official website (https://evault.kfintech.com/ipostatus/). The websites of the BSE and NSE exchanges provide additional confirmation of the share finalization.
Standard Glass Lining Allotment Date
9th January 2025 was the anticipated allotment date and since then the investors are curious regarding their present status. Finally, the Standard Glass IPO allotment was finalized as of January 10th, 2025, and the dates of listing were also established for January 13th, 2025. However, the precise listing price is determined by investor demand and market conditions and so the dates can differ.
Standard Glass Lining IPO GMP Allotment
The most recent GMP for Standard Glass IPO is ₹65, as of 04:30 PM on January 10, 2025. The expected listing price of the Standard Glass IPO, with a price band of 140.00, is ₹205 (cap price plus today’s GMP). 46.43% is the anticipated percentage gain or loss per share.
Standard Glass Lining Order Book
The ₹450 crore order book of Standard Glass Technology highlights operational and automation efficiency. The current price-to-earnings (P/E) ratio of 39.77x is favorable for the company when contrasted with the average industry of 52.50x.
Final Verdict
Because of its solid position in the market and emphasis on innovation, Standard Glass Lining has shown steady growth in both revenue and profit in recent years. It is anticipated that the chemical and pharmaceutical industries, which are Standard Glass Lining’s main end users, would keep expanding, opening up new business prospects for the company and this will be a good reason for positive news for all its investors.
For more such insights, check out the Angelone application, wherein you can create your Demat account with a single tap and start your investor journey instantly.
Disclaimer: Demat Dive is not giving any buying advice on any stock. Consult a SEBI-registered advisor before investing anywhere.