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  Standard Glass Lining Technology Ltd
Registered Office: D.12 Phase-1 IDA Jeedimetla, , Hyderabad - 500055 , Telangana , India.
Phone : +040 3518 2204   Fax:
Email :  corporate@standardglr.com  
Website :  www.standardglr.com
Initial public offering of 29,289,367 equity shares of face value of 10 each (the "Equity Shares") of Standard Glass Lining Technology Limited ("Company" or "Issuer") for cash at a price of 140 per equity share (the "Offer Price") aggregating to 410.05 crores (the "Offer") comprising a fresh issue of 15,000,000 equity shares of face value 10 each aggregating to 210.00 crores (the "Fresh Issue") and an offer for sale of 14,289,367 equity shares of face value 10 each aggregating 200.05 crores (the "Offer for Sale"), comprising an offer for sale of 11,316,367 equity shares of face value 10 each aggregating to 158.43 crores by the promoter selling shareholders (as defined hereinafter), 1,909,000 equity shares of face value 10 each aggregating to 26.73 crores by the promoter group selling shareholders and 1,064,000 equity shares of face value 10 each aggregating to 14.90 crores by the other selling shareholders (as defined hereinafter) (together, the "Selling Shareholders", and such equity shares, the "Offered Shares"). The face value of the equity shares is 10 each and the offer price is 14 times the face value of the equity shares of face value 10 each.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Jan-25 08-Jan-25 Rs140.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :107  Further Multiples of :107

  RsCr Lead Managers to the Issue
Project Cost 193.43
IIFL Securities Ltd
Project Financed through Current Offer 410.05  
Post Issue Equity Share Capital 199.49  
Issue Price Rs140.00  
 
Projects
 Funding of capital expenditure requirements of the company towards of machinery and equipment Funding inorganic growth through strategic investment and/or acquisitions
 Repayment or prepayment in full or in part of all or portion of certain outstanding borrowings availed by the company and investment in its wholly ownded material subsidiary S2 Eng.ind. P Ltd for repayment or prepayment in full or in part of all General corporate purposes
 Investment in its wholly ownded material subsidiary S2 Engineering Industry Pvt Ltd for funding its capital exp requirements towards purchase of machinery and equipment
Promoted By
 Nageswara Rao Kandula
 Kandula Krishna Veni
 Kandula Ramakrishna
Listing At
 BSE 
 NSE 
Registrar to the Issue
 KFin Techologies Ltd