Standard Glass Lining Technology Limited was founded in September 2012 and specialises in the manufacture of technical equipment for the pharmaceutical and chemical sectors in India. The range of services includes developing, designing, manufacturing, assembling, installing and commissioning solutions and establishing standard operating procedures for pharmaceutical and chemical manufacturers on a turnkey basis. The company’s portfolio comprises core equipment for the manufacture of pharmaceutical and chemical products, which can be divided into the following categories:
- Reaction systems,
- Storage, separation and drying systems and
- Equipment, engineering and services (including other accessories).
They are also manufacturers of glass-lined, stainless steel, and nickel-alloy speciality equipment and suppliers of polytetrafluoroethylene (“PTFE”) – lined piping and fittings in India. The company has a diversified customer base that includes end users in the pharmaceutical, chemical, paint, biotechnology and food and beverage sectors. Its key customers include 30 of the approximately 80 pharmaceutical and chemical companies included in the NSE 500 Index as of June 30, 202.
The company has entered into a contract with HHV Pumps Private Limited (“HHV”) for the supply of vacuum pumps and a private label contract. The Company has also entered into a supply and purchase agreement for India with Japanese companies Asahi Glassplant Inc. and GL Hakko Co Ltd (“GL Hakko”) for procurement of certain types of glass for its glass lining division. Standard Glass Lining Technology Limited was established in September 2012 and specialises in the manufacture of technical equipment for the pharmaceutical and chemical industries in India.
The company is capable of developing engineering solutions, designing, manufacturing, assembling, installing, commissioning and setting up standard operating procedures for pharmaceutical and chemical companies. The company’s portfolio includes core equipment for the manufacture of pharmaceutical and chemical products, which can be categorised as (i) reaction systems, (ii) storage, separation and drying systems and (iii) equipment, engineering and services (including other ancillary parts).
They are also manufacturers of glass-lined, stainless steel, and nickel-alloy speciality equipment and suppliers of polytetrafluoroethylene (“PTFE”)- lined piping and fittings in India. The company has a diversified customer base, including end users in the pharmaceutical, chemical, paint, biotechnology and food and beverage sectors. Its key customers include 30 of the approximately 80 pharmaceutical and chemical companies.
Standard Glass Lining IPO Details
| IPO Opening Date | 6th Jan 2025 |
| IPO Closing Date | 8th Jan 2025 |
| Issue Price | ₹ 133 to 140 Per Share |
| Market Lot | 107 Shares |
| 1 Lot Amount | ₹14980 |
| Small HNI Lot | ₹ 2 to10 Lakhs |
| Big HNI Lot | ₹ 10 + Lakhs |
| Issue Size | ₹ 410.5 Cr |
| Offer for sale | ₹ 200.5 Cr |
| Fresh Issue | ₹ 210 Cr |
| IPO Listing at | BSE/NSE |
| Allotment Date | 9th Jan 2025 |
| Refund Initiation | 10th Jan 2025 |
| Credit Of Shares to Demat Account | 10th Jan 2025 |
| Listing Dates | 13th Jan 2025 |
| Allotment Status check at BSE | Click here |
| Allotment Status check at NSE | Click here |