Standard Glass Lining Technology Limited (SGL), established in September 2012, is a prominent Indian manufacturer specializing in glass-lined, stainless steel, and high-alloy engineering equipment. Headquartered in Hyderabad, Telangana, SGL primarily serves the chemical, pharmaceutical, fertilizer, and food sectors.
Products and Services:
SGL’s product portfolio includes:
- Reactors
- ReceiversStorage
- TanksHeat
- ExchangersDryers
The company also offers services such as enamel spraying, equipment repair, and refurbishing.
Manufacturing Capabilities:
Operating from eight manufacturing facilities covering over 400,000 square feet, SGL has a production capacity exceeding 300 vessels per month, with sizes ranging from 63 to 40,000 liters. The company employs advanced technologies, including 3D CAD, robotic welding, and precision CNC machinery, to ensure high-quality products.
Quality and Standards:
SGL adheres to international standards such as ISO, DIN, ASME, and API, ensuring their products meet global quality benchmarks. Their glass-lining technology offers exceptional resistance to chemical and abrasive attacks, accommodating various mechanical forces across a broad range of process media types, temperatures, concentrations, and pressures.
Standard Glass Lining Technology Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 06 Jan 2025 |
| IPO Close Date | 08 Jan 2025 |
| Allotment Date | 09 Jan 2025 |
| IPO Listing Date | 13 Jan 2025 |
Standard Glass Lining Technology Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 133 to Rs. 140 Per Equity Share |
| Market Lot | 107 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 410 Crore. |
Standard Glass Lining Technology Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 107 | Rs. 14980 |
| Maximum | 13 | 1391 | Rs. 194740 |
| Small HNI (Minimum) | 14 | 1498 | Rs. 209720 |
| Big HNI (Minimum) | 67 | 7169 | Rs. 1003660 |
Standard Glass Lining Technology Limited IPO Allotment Status
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Company Financials:
| Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Total Assets | 665.38 | 347.79 | 298.11 |
| Total Revenue | 549.68 | 500.08 | 241.50 |
| Profit After Tax | 60.01 | 53.42 | 25.15 |
Company Promoters:
The Promoters of the Company are Nageswara Rao Kandula, Kandula Krishna Veni, Kandula Ramakrishna, Venkata Mohana Rao Katragadda, Kudaravalli Punna Rao and M/s S2 Engineering Services.
Objects of this Issue:
- Funding of capital expenditure requirements of the Company towards the purchase of machinery and equipment.
- Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company and investment in the wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by S2 Engineering Industry Private Limited, from banks and financial institutions.
- Investment in the wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment.
- Funding inorganic growth through strategic investments and/or acquisitions.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Standard Glass Lining Technology Limited 10th Floor, PNR High Nest, Hydernagar, KPHB Colony Hyderabad- 500085 Phone: + 040 3518 2204 Email: corporate@standardglr.com Website: https://www.standardglr.com | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: sgltl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus |
