Basis Of Allotment

Standard Glass Lining Technology Ltd.
Issue Open Date 06-Jan-25  
Issue Closing Date 08-Jan-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 133 - 140  
Minimum Bid Quantity. 107  
Issue Size (Shares) 20829567  
Market Lot 1  
Objective :

1. Funding of capital expenditure requirements of our Company towards purchase of machinery andequipment;2. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and investment in our 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;3. Investment in our wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment;4. Funding inorganic growth through strategic investments and/or acquisitions; and5. General corporate purposes.

Business Description

We are one of the top five specialised engineering equipment manufacturer for pharmaceutical and chemicalsectors in India, in terms of revenue in Fiscal 2024 (Source: F&S Report),...

Promoter's Holding
Total Share Capital   137486350  
Offered to Public   20829567  
Promoter's Holding (Pre-Issue)   75.69  
Promoter's Holding (Post-Issue)   60.41  
Address
D.12
Phase-1
Ida Jeedimetla

Hyderabad ,
Telangana ,
500055
Phone : 040 3518 2204
Email : corporate@standardglr.com
Website : www.standardglr.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
IIFL Securities Ltd.
Motilal Oswal Investment Advisors Pvt Ltd
Promoters
Kandula Krishna Veni
Kandula Ramakrishna
Kudaravalli Punna Rao
Nageswara Rao Kandula
S2 Engineering Services
Venkata Mohana Rao Katragadda

Attention Investors

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month, Issued in the interest of Investors.

BSE / NSE SEBI Registration No. INZ000279232, Depository Participant SEBI Registration No. – IN DP CDSL 132-2015
Mutual funds - ARN No. 81648 , Investment Adviser SEBI Registration No. : INA000008668.
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