Standard Glass Lining IPO, one of the upcoming IPOs, allotment status is set for today, January 9, 2025. You can check the Standard Glass Lining IPO allotment status on the registrar’s website, Kfin Technologies Limited, as well as on the BSE and NSE websites.
Successful bidders will have the shares credited to their demat accounts on Friday, January 10, 2025. Refunds for unsuccessful applicants are also expected on the same day.
Standard Glass Lining IPO was opened from January 6, 2025, to January 8, 2025. As of January 8, 2025, 6:19 PM, the IPO received an overall subscription of 185.48 times. The qualified institutional buyers (QIB) category was subscribed 327.76 times, while the non-institutional investor (NII) and retail investor portions saw subscriptions of 275.21 times and 65.71 times, respectively.
Standard Glass Lining Technology Limited IPO was a book-built issue of ₹410.05 crore. It contained a fresh issue of 1.50 crore shares and an offer for sale of 1.43 crore shares.
The price band for the IPO was set between ₹133 to ₹140 per share. The minimum lot size for an application is 107. The minimum amount of investment required by retail investors is ₹14,980.
Standard Glass Lining shares are scheduled to be listed on the BSE and NSE on Monday, January 13, 2025.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 9, 2025, 8:29 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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