The ₹1,250 crore issue includes a fresh equity offering of up to ₹210 crore and an offer for sale of up to 1.42 crore shares, with bidding open until January 8. The issue has been subscribed 4.34 times so far.

The firm’s maiden offering has been priced in the range of Rs 133 to Rs 140 per equity share. The company generated Rs 123.02 crore from the anchor investors ahead of its subscription window.

Standard Glass Lining IPO opens for public subscription today. Check details, lot size, price band, GMP, brokerage reviews, key dates, and more

Standard Glass Lining Technology's IPO was oversubscribed within an hour of opening, driven by strong retail and non-institutional investor interest.

The Standard Glass Lining Technology IPO received 27,75,52,115 bids against offered 2,08,29,567 equity shares. The issue was subscribed over 13.32 times at the end of the first day of subscription.

The strong subscription aligns with grey market trends, as Standard Glass Lining's unlisted shares were trading at Rs 237, reflecting a grey market premium (GMP) of Rs 97 or 69.29 per cent

The subscription window to apply for the Standard Glass Lining IPO is scheduled to close on Wednesday, January 8, 2025

The IPO of Standard Glass Lining Technology Ltd saw overwhelming demand, subscribing 13.32 times over. The issue, a mix of new shares and Offer For Sale, aims to raise Rs 410.05 crore for debt repayment and expansion.

Standard Glass Lining Technology's IPO was fully subscribed within hours of opening, achieving a 13.32 times oversubscription on its first day. The highest demand came from non-institutional investors with 25.