The Standard Glass Lining Technology Limited (SGLTD) IPO opened for subscription on January 6, 2025, and closed on January 8, 2025, with a price band set between ₹133 and ₹140 per share. This IPO aimed to raise ₹410.05 crore and saw overwhelming demand, achieving a subscription rate of 34.85 times, including 32.87 times by retail investors and 78.17 times by non-institutional investors. The allotment status will be finalized on January 9, 2025, with shares credited to accounts by January 10, 2025, and the listing date scheduled for January 13, 2025 on both the BSE and NSE.
What is the SGLTD IPO GMP?
The SGLTD IPO GMP (Grey Market Premium) is a key indicator of investor sentiment. As of now, the SGLTD IPO GMP stands at ₹97, which is 69% above the upper end of the price band of ₹140. This indicates strong expectations of a positive debut on the listing date.
Investors are closely watching the SGLTD IPO GMP, as it reflects the market’s confidence in the company’s fundamentals and growth potential.
SGLTD IPO Allotment Status and How to Check
The SGLTD IPO allotment status will be finalized on January 9, 2025. Investors can check their SGLTD IPO allotment status online through the registrar’s website or their broker’s platform.
Steps to Check the SGLTD IPO Allotment Status
- Visit the registrar’s website or your broker’s portal.
- Enter your PAN number or application ID.
- Click on “Submit” to view the SGLTD IPO allotment status.
Ensure to check your account by January 10, 2025, as the shares will be credited by this date.
SGLTD IPO Listing Date
The SGLTD IPO listing date is set for January 13, 2025, on both the BSE and NSE. On the SGLTD IPO listing date, the stock is expected to debut strongly, fueled by the impressive SGLTD IPO GMP and robust subscription figures.
Detailed SGLTD IPO Review
Key Highlights of the SGLTD IPO
- Issue Size: ₹410.05 crore
- Price Band: ₹133 – ₹140 per share
- Lot Size: 107 shares
- Minimum Investment: ₹14,980
- Subscription Dates: January 6 – January 8, 2025
Subscription Breakdown
| Investor Category | Subscription Rate |
|---|---|
| Qualified Institutional Buyers (QIB) | 4.69 times |
| Retail Individual Investors (RII) | 32.87 times |
| Non-Institutional Investors (NII) | 78.17 times |
The subscription rates highlight strong demand across all investor categories, making this IPO highly sought-after.
Why is SGLTD IPO GMP So High?
The SGLTD IPO GMP of ₹97 reflects positive sentiment due to:
- Strong Industry Position: Serving the growing pharmaceutical and chemical sectors.
- Robust Financials: Well-aligned profit margins and growth trajectory.
- High Investor Demand: The SGLTD IPO allotment status and subscription rates underscore this.
- Growth Potential: Funds from the IPO will support expansion and debt reduction.
SGLTD IPO Listing Date: What to Expect
On the SGLTD IPO listing date, the stock is expected to open at a significant premium due to the high SGLTD IPO GMP and investor confidence. Make sure you monitor the market closely on January 13, 2025, to capitalize on this opportunity.
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Frequently Asked Questions (FAQs)
What is the current GMP for SGLTD IPO?
The current Grey Market Premium (GMP) for SGLTD IPO is ₹97, reflecting a 69% premium over the upper price band.
How can I check my SGLTD IPO allotment status?
Visit the registrar’s website, enter your PAN or application ID, and click “Check Status” to view the allotment.
What is the listing date for SGLTD IPO?
The SGLTD IPO listing date is January 13, 2025, on the BSE and NSE.
What is the price band for SGLTD IPO?
The price band for SGLTD IPO is ₹133 to ₹140 per share.
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