Standard Glass Lining Technology IPO opens tomorrow: GMP, review, other details among 10 key things to know
Live MintStandard Glass Lining Technology's initial public offering is set to open for public bidding on Monday, January 6, and will close on Wednesday, January 8. Standard Glass Lining Technology IPO Price Band: The company has fixed the price band for the public issue at ₹133 to ₹140 per share, with a face value of ₹10 per share. Standard Glass Lining Technology IPO Objective: The company aims to use up to ₹10 crore to fund its capital expenditure requirements towards the purchase of machinery and equipment. Standard Glass Lining Technology IPO Reservation: The company has reserved up to 50 per cent of the public issue for Qualified Institutional Buyers, not less than 15 per cent for Non-Institutional investors, and not less than 25 per cent for retail investors, according to the RHP data. Standard Glass Lining Technology IPO Managers: IIFL Securities and Motilal Oswal Investment Advisors are the book-runners for the public issue, while Kfin Technologies is the registrar of the offer.