Standard Glass Lining Technology is launching its IPO from January 6 to January 8, 2025, with an aim to raise ₹410.05 crore. Priced between ₹133 and ₹140 per share, the IPO includes a fresh issue worth ₹210 crore and an offer-for-sale of 1.43 crore shares. With a strong grey market premium (GMP) of ₹93, indicating a potential 69% listing gain, analysts are optimistic about its long-term potential, given its robust financial growth in the pharmaceutical and chemical engineering sectors.
Key Highlights of Standard Glass Lining IPO Listing Date and Details
1. Standard Glass Lining IPO Details
- Total Size: ₹410.05 crore
- Fresh Issue: ₹210 crore
- Offer-for-Sale: 1.43 crore shares
2. Subscription and Standard Glass Lining IPO Listing Date Timeline
- Opening Date: January 6, 2025
- Closing Date: January 8, 2025
- Basis of Allotment: January 9, 2025
- Standard Glass Lining IPO Listing Date: January 13, 2025
3. Standard Glass Lining IPO Price and Minimum Investment
- Price Range: ₹133 to ₹140 per share
- Minimum Lot Size: 107 shares (minimum investment of ₹14,980)
4. Investor Allocation in Standard Glass Lining IPO
- Retail Investors: 35%
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII): 15%
Standard Glass Lining Company Details
Standard Glass Lining Technology specializes in providing cutting-edge engineering solutions to the pharmaceutical and chemical sectors. Known for its strong market positioning, the company has consistently delivered high-quality products, making it a trusted name in its field.
Financial Performance and Growth of Standard Glass Lining IPO
- Revenue Growth: Approximately 50% year-on-year
- Profit After Tax Growth: Around 52% year-on-year
- Return on Equity (ROE): Averaging 41% over the last three years
- Price-to-Earnings (P/E) Ratio: Approximately 48 at the upper price band
These figures highlight the company’s financial health and growth potential, making the IPO an attractive option for investors.
Market Sentiment and Standard Glass Lining IPO GMP
The grey market premium (GMP) for this IPO stands at ₹93, signaling strong investor demand. This premium reflects a high likelihood of significant listing gains, with shares expected to debut at around ₹233—a 69% increase over the issue price.
Standard Glass Lining IPO Review: Is It Good or Bad?
The Good:
- Robust financial growth with impressive revenue and profit metrics
- Strong market positioning in a niche and growing sector
- Positive market sentiment, as evidenced by the high GMP
The Considerations:
- High P/E ratio indicates the stock might be priced on the higher side compared to peers
- Investors should assess market conditions and risk appetite before subscribing
Overall, analysts recommend subscribing for long-term investment due to the company’s strong fundamentals and growth prospects.
Why Analysts Are Bullish on Standard Glass Lining IPO
- Sectoral Growth: The pharmaceutical and chemical sectors are witnessing rapid expansion, benefiting companies like Standard Glass Lining.
- Geographical Expansion: The company is diversifying its product range and expanding into new markets, projected to boost revenues by 20-25% in the medium term.
- Solid Financial Track Record: Consistent revenue and profit growth underline its strong business model.
How to Make the Most of This Opportunity
If you want to create a demat account to invest in this IPO, click the button below:
GRM Bulls offers comprehensive financial services to ensure you maximize your investment opportunities. We also provide trading assistance and expert guidance to help you navigate the stock market.
Learn to Analyze Like a Pro
Want to learn how to analyze IPOs like this or even better? Visit GRM IIT, where we teach everything about trading and financial analysis. From free resources on our YouTube channel to in-depth paid courses, we have you covered.
Don’t let this opportunity pass you by! If you’re serious about mastering the stock market and avoiding costly mistakes, GRM IIT is your ultimate destination.
Conclusion
The Standard Glass Lining IPO stands out as one of the most promising investment opportunities in early 2025. With a strong financial track record, high GMP, and positive market sentiment, it’s worth considering for both short-term gains and long-term growth.
Join the ranks of successful investors today. Whether you’re looking to learn trading or seeking financial services, GRM Bulls and GRM IIT are here to guide you every step of the way.
Frequently Asked Questions (FAQ)
Frequently Asked Questions
1. What is the price range for the Standard Glass Lining IPO?
The price range for this IPO is set between ₹133 and ₹140 per share.
2. What is the minimum investment required?
Investors need to purchase at least 107 shares, requiring a minimum investment of ₹14,980.
3. When is the Standard Glass Lining IPO listing date?
The IPO is expected to be listed on January 13, 2025.
4. What is the GMP of the Standard Glass Lining IPO?
The Grey Market Premium (GMP) for this IPO is ₹93.
5. Should I invest in this IPO for long-term gains?
Yes, given its strong financial performance and sectoral growth potential, analysts recommend this IPO for long-term investment.
