Standard Glass Lining IPO Allotment Status: Key Details

The Standard Glass Lining Technology IPO allotment status is expected to be finalized today, Thursday, January 9, 2025. The IPO, which closed on Wednesday, January 8, 2025, witnessed overwhelming demand, being oversubscribed by 183.18 times.

Investors can check the allotment status through the official websites of BSE, NSE, or the registrar, Kfin Technologies. Below are the steps and links for checking the IPO allotment status.

How to Check Standard Glass Lining IPO Allotment Status

1. On BSE Website

1. Visit BSE IPO Allotment Page.
2. Select “Equity” under Issue Type.
3. Choose “Standard Glass Lining Technology” from the dropdown menu.
4. Enter your Application Number or PAN.
5. Click on “Search” to view your allotment status.

2. On Kfin Technologies Website

1. Visit Kfin IPO Allotment Page.
2. Enter your Application Number, DP ID/Client ID, or PAN.
3. Provide the Captcha Code displayed on the page.
4. Click “Submit” to check your status.

3. On NSE Website

1. Visit NSE IPO Allotment Page.
2. Log in using your credentials.
3. Enter the necessary details like PAN or Application Number.
4. Check your allotment status.

Standard Glass Lining IPO Final Subscription Status

• Issue Size: ₹410.05 crore
• Price Band: ₹133–140 per share
• Lot Size: 107 shares
• Total Bids Received: 3,81,56,56,808 shares
• Oversubscription: 183.18 times

Subscription Breakdown:

• Qualified Institutional Buyers (QIBs): 331.60 times
• Non-Institutional Investors (NIIs): 268.50 times
• Retail Individual Investors (RIIs): 64.99 times

Grey Market Premium (GMP) Update

The unlisted shares of Standard Glass Lining are trading at ₹231, implying a GMP of ₹91, or 65% premium over the upper IPO price band of ₹140.

Listing Date and Expected Price

• Listing Date: Monday, January 13, 2025
• Predicted Listing Price: Around ₹231 (based on GMP trends)

About Standard Glass Lining Technology

Standard Glass Lining Technology is a key player in the manufacturing of engineering equipment for the pharmaceutical and chemical sectors in India.

Key Highlights:

• Product Portfolio: Reaction systems, storage systems, and plant engineering services.
• Facilities: 8 manufacturing units in Hyderabad and sales offices across India.
• Workforce: 460 full-time employees and 731 contract laborers (as of September 30, 2024).

With robust demand during the IPO phase and promising GMP trends, Standard Glass Lining is poised for a strong market debut. However, investors should exercise caution and make decisions based on personal financial goals.