31 Mar 2022
Assets298.11
Total Income241.50
Profit After Tax25.15
NET Worth69.91
Reserves and Surplus53.66
Total Borrowing69.81
At a glance
Updated 2026-08-24The shares listed at ₹172.00, a 22.86% move from the issue price. Standard Glass Lining is a Mainboard IPO with an issue size of ₹410.05 crore, proposed for listing on NSE, BSE. The offer opens on 6th Jan 2025 and closes on 8th Jan 2025. The issue structure includes a fresh issue of ₹210.00 crore and an offer-for-sale component of ₹200.05 crore. The current listing schedule points to 13th Jan 2025.
Issue details
Listing atNSE, BSE
Issue typeBook Build Issue
Issue size₹410.05 Cr
Fresh issue₹210.00 Cr
Offer for sale₹200.05 Cr
Face value₹10
Price band₹133.00–₹140.00
Allotment9th Jan 2025
Listing13th Jan 2025
Listing performance
Full performance ↗Issue price₹140.00
Listing price₹172.00
Current price—
Listing gain22.86%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹50.00
GMP / upper price35.71%
Est. listing₹190.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens6th Jan 2025
Closes8th Jan 2025
Allotment9th Jan 2025
Refund10th Jan 2025
Demat10th Jan 2025
Listing13th Jan 2025
Subscription demand
Full bidding ↗Total185.48×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 107 | ₹14,980 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment | ₹10.00 Cr |
| Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company and investment in wholly owned Material Subsidiary, S2 Engineering Industry Pvt.Ltd., for repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by S2 Engineering Industry Pvt.Ltd., from banks and financial institutions | ₹130.00 Cr |
| Investment in wholly owned Material Subsidiary, S2 Engineering Industry Pvt.Ltd., for funding its capital expenditure requirements towards purchase of machinery and equipment | ₹30.00 Cr |
| Funding inorganic growth through strategic investments and/or acquisitions | ₹20.00 Cr |
| General Corporate Purposes | ₹3.43 Cr |
| Issue Expenses | ₹32.36 Cr |
| Total | ₹225.79 Cr |
Financials
Full financials ↗31 Mar 2023
Assets347.79
Total Income500.08
Profit After Tax53.42
NET Worth156.67
Reserves and Surplus139.94
Total Borrowing81.96
31 Mar 2024
Assets665.38
Total Income549.68
Profit After Tax60.01
NET Worth409.92
Reserves and Surplus389.18
Total Borrowing129.32
30 Sep 2024
Assets756.52
Total Income312.10
Profit After Tax36.27
NET Worth447.80
Reserves and Surplus261.58
Total Borrowing173.80
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 20.74% |
| ROCE | 25.49% |
| Debt / Equity | 0.32% |
| RoNW | 20.74% |
| PAT Margin | 10.92% |
| Price to Book Value | 5.7 |
Valuation & shareholding
Pre-IPO EPS3.25
Post-IPO EPS3.64
Pre-IPO P/E43.04
Post-IPO P/E38.5
Promoter holding pre72.49%
Promoter holding post67.04%
Market cap₹2792.88 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding of capital expenditure requirements of the Company towards purchase of machinery and equipment | ₹10.00 Cr |
| Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Company and investment in wholly owned Material Subsidiary, S2 Engineering Industry Pvt.Ltd., for repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by S2 Engineering Industry Pvt.Ltd., from banks and financial institutions | ₹130.00 Cr |
| Investment in wholly owned Material Subsidiary, S2 Engineering Industry Pvt.Ltd., for funding its capital expenditure requirements towards purchase of machinery and equipment | ₹30.00 Cr |
| Funding inorganic growth through strategic investments and/or acquisitions | ₹20.00 Cr |
| General Corporate Purposes | ₹3.43 Cr |
| Issue Expenses | ₹32.36 Cr |
| Total | ₹225.79 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Motilal Oswal Investment Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.