Markets / IPO / Standard Glass Lining Technology

Standard Glass Lining Technology IPO

Updated 17:56

Mainboard IPO on NSE and BSE

Status

Listed

Price band

₹133–140

Lot size

107 shares · ₹14,980

Subscribed

183.18×

Key dates

Bidding opens	6 Jan 2025
Bidding closes	8 Jan 2025
Allotment	9 Jan 2025
Refunds and shares in demat	10 Jan 2025
Listing	13 Jan 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	87,86,809	29.67%	–
Institutions (QIB)	57,90,147	19.55%	–
HNI / NII	45,11,826	15.23%	–
HNI, above ₹10 lakh	30,07,884	10.16%	419
HNI, ₹2–10 lakh	15,03,942	5.08%	1,003
Retail	1,05,27,594	35.55%	98,388

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	107	₹14,980
Retail (maximum)	13	1,391	₹1,94,740
Small HNI (minimum)	14	1,498	₹2,09,720
Small HNI (maximum)	66	7,062	₹9,88,680
Big HNI (minimum)	67	7,169	₹10,03,660

At ₹140 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 65

Retail allotments available

98,388 × one lot

Retail portion subscribed

64.99×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	57,90,147	1,91,99,91,629	331.60×
HNI / NII	45,11,826	1,21,14,47,259	268.50×
HNI, above ₹10 lakh	30,07,884	88,51,48,512	294.28×
HNI, ₹2–10 lakh	15,03,942	32,62,98,747	216.96×
Retail	1,05,27,594	68,42,17,920	64.99×
Total	2,08,29,567	3,81,56,56,808	183.18×

NSE and BSE bids together, as of 8 Jan 2025 19:00.

Demand at each price

Top price ₹140	32,122.94 lakh shares	84.1%
Cut-off final price, whatever it is; mostly retail	6,044.79 lakh shares	15.8%
Lower prices ₹133–139	23.88 lakh shares	0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	3 Jan 2025
Anchor shares	87,86,809
Raised from anchors	₹123.02 cr
Lock-in ends for the first 50% (30 days)	7 Feb 2025
Lock-in ends for the remaining 50% (90 days)	8 Apr 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

Financial results appear here once the company files them with NSE, usually within a few weeks of listing. Until then, the red herring prospectus has the company's past financials.

IPO details

Price band	₹133–140
Final issue price	₹140
Lot size	107 shares
Minimum investment	₹14,980 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹10 per Equity Share
Issue size	₹410.05 crore (about 2.93 crore shares) · Fresh issue + offer for sale: fresh ₹210.00 cr, offer for sale ₹200.05 cr
Registrar	KFin Technologies Limited Helpline: +91 40 6716 2222, sgltl.ipo@kfintech.com
Lead managers	IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 9 Jan 2025. Check it on the registrar's page (KFin Technologies Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Standard Glass Lining Technology IPO price band and lot size?

The price band is ₹133–140 per share, and one lot is 107 shares (₹14,980 at the upper price).

When is the Standard Glass Lining Technology IPO allotment date?

Allotment was finalised on 9 Jan 2025, the next working day after bidding closed on 8 Jan 2025.

How many times was the Standard Glass Lining Technology IPO subscribed?

In total 183.18 times, on NSE and BSE together; retail 64.99 times.

What is the Standard Glass Lining Technology IPO listing date?

It listed on 13 Jan 2025 on NSE and BSE.

What is the chance of getting Standard Glass Lining Technology IPO shares?

At least 1 in 65 retail applicants got the minimum lot: 98,388 retail allotments with the retail portion subscribed 64.99 times. Winners are picked by lottery.

When does the Standard Glass Lining Technology anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 7 Feb 2025 and the 90-day lock-in on the rest ends on 8 Apr 2025; they can sell from the next trading day.