Motilal Oswal to ICICI Prudential-10 List of Upcoming IPOs THIS Monday
Standard Glass Lining IPO Date
Standard Glass Lining's IPO opens for subscription on Monday, January 6th. This is the first IPO of the new year to be listed on the mainboard.
Company raises ₹123 crore pre-IPO
Standard Glass Lining has already raised ₹123 crore from anchor investors, including several prominent names.
Standard Glass Lining IPO Anchor Investors
Anchor investors include Amansa Holdings, Clarus Capital 1, ICICI Prudential MF, Kotak Mahindra Trustee, Tata MF, Motilal Oswal MF, 3P India Equity Fund 1, and Kotak Infinity Fund.
Standard Glass Lining IPO Price Band
The IPO price band is set at ₹133-140. Investors must bid for a lot of 107 shares and multiples thereof.
Standard Glass Lining IPO Details
The company aims to raise ₹410 crore through a fresh issue of ₹210 crore and an offer for sale of 1.42 crore shares. Retail investors have a 35% allocation.
Standard Glass Lining IPO GMP
Positive market sentiment has driven the grey market premium (GMP) to ₹88. Listing is estimated around ₹228, a 63% premium.
Should you invest in this IPO?
GMP can fluctuate significantly. Consult market experts before investing.
Standard Glass Lining IPO Listing Date
The IPO is expected to list on January 13, 2025.
Note
Investing in the stock market involves risks. Consult your market expert before investing.