Standard glass lining ipo share price is INR 133 – 140 per share.

Standard Glass Lining Technology: History

The company was incorporated in the year 2012 and it is a leading manufacturer of engineering equipment for the below-listed sectors in India –

1. Pharmaceutical sectors and
2. Chemical sectors

The company can manage the entire production process in-house.

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Standard Glass Lining Technology: Business

Standard glass lining company is

• one of  the  top  five  manufacturers  for  chemical and pharmaceutical sectors in the country,
• one of India’s top three manufacturers of glass-lined, stainless steel, and nickel alloy-based specialised engineering equipment, and
• one of the top three suppliers of polytetrafluoroethylene (PTFE) lined pipelines and fittings in India.

The Company’s capabilities include –

(1) designing,

(2) engineering,

(3) manufacturing,

(4) assembly,

(5) installation, and commissioning solutions

as well as establishing standard operating procedures for chemical and pharmaceutical manufacturers on a turnkey basis.

Standard Glass Lining Technology: Portfolio

The company’s portfolio comprises core equipment used in the manufacturing of pharmaceutical and chemical products, which can be categorized into –

1. Reaction Systems;
2. Storage, Separation, and Drying Systems; and
3. Plant, Engineering and Services (including other ancillary parts)

Standard Glass Lining Technology: Client

The company has a diversified client base in sectors such as chemicals, beverages, biotechnology, pharmaceutical, paint, food and fertilizer.

Some of its prestigious clients include –

• Aurobindo Pharma Limited,
• Cadila Pharmaceutical Limited,
• Granules India Limited,
• Laurus Labs Limited,
• Natco Pharma Limited,
• Piramal Pharma Limited,
• Suven Pharmaceuticals Limited,
• Tagros Chemicals India Private Limited, and
• Viyash Life Sciences Private Limited

Manufacturing Facilities & Network

The Company operates through its 8 manufacturing facilities located in the state of Telangana and Hyderabad.

It has a distribution network in Andhra Pradesh, Gujarat, Karnataka, Maharashtra, and Tamil Nadu.

Strategies Ahead

• Expand and improve its existing product portfolio and enter into additional end-user industries.
• Expand capacity by increasing the capabilities of its existing manufacturing plants as well as setting up new manufacturing plants.
• Capitalise on increasing demand from international markets to grow its exports.
• Grow inorganically through strategic acquisitions and alliances

Company Promoters

1. Nageswara Rao Kandula,
2. Kandula Krishna Veni,
3. Kandula Ramakrishna,
4. Venkata Mohana Rao Katragadda,
5. Kudaravalli Punna Rao, and
6. M/S S2 Engineering Services

IPO Details

Standard Glass Lining Technology IPO date = 6 Jan to 8 Jan 2025

Minimum Amount = INR 14,980

Face Value (FV) = INR 10

Minimum Bid = 107 Shares

Listing On = NSE, BSE

Book Running Lead Managers

IIFL Securities Limited,

Motilal Oswal Investment Advisors Limited

FINANCIALS

CONCLUSION

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