Standard Glass Lining IPO

Standard Glass Lining Technology Ltd

₹14,231 /107 sharesMinimum Investment

Standard Glass Lining IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
6 Jan ‘25 - 8 Jan ‘25₹14,231107₹133 - ₹140
Issue SizeIPO Doc
410.05Cr
RHP PDF

About Standard Glass Lining

Standard Glass Lining Technology is an engineering equipment manufacturer serving India's pharmaceutical and chemical industries. The company provides end-to-end solutions, including design, engineering, manufacturing, assembly, installation, and commissioning solutions as well as establishing standard operating procedures for pharmaceutical and chemical manufacturers on a turnkey basis. The company’s product portfolio focuses on essential equipment used in manufacturing processes. It is divided into three main categories – Reaction Systems, Storage, Separation and Drying Systems, and Plant, Engineering, and Services.;
Founded in
2012
Managing director
Mr. Nageswara Rao Kandula
Parent organisation
Standard Glass Lining Technology Ltd

Strengths & Financials of Standard Glass Lining

Strengths
Risks
Standard Glass Lining Technology has in-house capabilities to manufacture specialised engineering equipment that is needed for the production of active pharmaceutical ingredients (APIs) and fine chemical products. Over the past decade, the company has delivered more than 11,000 products.
The company’s customer base includes pharmaceutical and chemical companies like Apitoria Pharma, Aurobindo Pharma, CCL Food and Beverages, Cohance Lifesciences, Cadila Pharmaceuticals, Deccan Fine Chemicals, Dasami Lab, Laurus Labs, Granules India, Macleods Pharmaceuticals, MSN Laboratories, Natco Pharma, Honour Lab, Hetero Drugs, Hetero Labs, Hazelo Lab, Piramal Pharma, Sanvira Biosciences, Suven Pharmaceuticals, Tagros Chemicals, Vamsi Labs, and Viyash Life Sciences.
Standard Glass Lining Technology has an agreement with HHV Pumps Private Limited for vacuum pump supply and private labelling. Additionally, the company collaborates with Japan-based Asahi Glassplant Inc. and GL Hakko Co. Ltd to procure specific grades of glass for its glass lining division. These partnerships have helped solidify the company’s position in the glass lining and vacuum pumps market in India.
As of September 30, 2024, the company offers a diverse portfolio of more than 65 products for the pharmaceutical and chemical sectors.
The company’s manufacturing facilities are capable of producing up to 100 reactors per month, 30 Agitated Nutsche Filter Dryers (ANFDs) per month, and 9,000 units of polytetrafluoroethylene (PTFE)-lined pipes and fittings a month.
The company’s manufacturing facilities are equipped with technologies such as 3D computer-aided design (CAD), robotic welding, and precision computer numerical control (CNC) manufacturing.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 240.19 crore in FY22 to Rs 497.59 crore in FY23 to Rs 543.67 crore in FY24. PAT increased from Rs 25.14 crore in FY22 to Rs 53.42 crore in FY23 to Rs 60.01 crore in FY24.

Standard Glass Lining Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Standard Glass Lining IPO

Apply asPrice bandApply upto
Regular133 - 140₹2 Lakh
High Networth Individual133 - 140₹2 - 5 Lakh
For Standard Glass Lining IPO, eligible investors can apply as Regular.
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