Standard Glass Lining IPO: Hyderabad-based firm garners ₹123 crore from anchor investors ahead of public issue
Live MintStandard Glass Lining Technology Limited has raised ₹123.02 crores from anchor investors ahead of its upcoming initial public offering, set to open for public subscription on Monday, January 6, 2025. The company announced that it has allocated 87,86,809 equity shares to anchor investors at a price of ₹140 per share on Friday, January 3, 2025. Foreign and Domestic Institutions who participated in the anchor included Amansa Holdings Private Ltd, Clarus Capital I, ICICI Prudential MF, Kotak Mahindra Trustee Co Ltd A/C Kotak Manufacture In India Fund, Tata MF, Motilal Oswal MF, 3P India Equity Fund I, Kotak Infinity Fund – Class AC, Massachusetts Institute of Technology, ITI Large Cap Fund. Standard Glass Lining IPO details Standard Glass Lining IPO consists of a fresh issue worth up to ₹210 crore and the sale of up to 1,42,89,367 equity shares by promoter selling, Promoter Group Selling Shareholders, and Other Selling Shareholders.