IPO Schedule
1
Open
6 Jan
2
Close
8 Jan
3
Allotment
-
4
Listing
13 Jan
Standard Glass Lining Technology IPO
Issue:₹140
List:₹172
CMP:₹149.83
NSELot: 107Mainboard
LISTEDMAINBOARD
Issue Price₹140
Listing₹172
Current₹149.83
Content
About Standard Glass Lining Technology
Standard Glass Lining Technology is a manufacturer specializing in glass-lined equipment, catering primarily to the chemical, pharmaceutical, and allied industries. Their products are crucial for processes requiring corrosion resistance and product purity. The IPO aims to fund expansion and working capital requirements.
Subscription Status
QIB
1.80x
NII
26.21x
Retail
15.08x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 327.76x | 4.63x | 1.80x |
| NII | 275.21x | 80.38x | 26.21x |
| Retail | 65.71x | 33.97x | 15.08x |
| Total | 185.48x | 35.54x | 13.67x |
Risk Factors
•Dependence on specific industries (chemical and pharmaceutical) makes them vulnerable to cyclical downturns in these sectors.
•Competition from both domestic and international players in the glass-lined equipment market.
•Fluctuations in raw material prices (steel, glass) could impact profitability.
•Risk of technological obsolescence if the company fails to innovate and adapt to new materials or processes.