Standard Glass IPO offers shares worth INR 410.05 Cr. Funds to buy machinery, repay loans, invest in subsidiaries, pursue growth, and cover expenses.
Open Date : January 6, 2025 Close Date : January 8, 2025 Allotment Date: January 9, 2025 Listing Date: January 13, 2025
IPO Price: INR 133-140 per share Lot Size: 107 Shares Total Issue Size: INR 410.05 crores
Standard Glass Lining IPO shows mixed performance: 1. Stable profitability, strong equity growth, and improving efficiency. 2. Concerns over equity dilution and declining RONW may affect returns.
Standard Glass Lining IPO shows mixed performance: 1. Stable profitability, strong equity growth, and improving efficiency. 2. Concerns over equity dilution and declining RONW may affect returns.
Standard Glass Lining IPO Comparison: 1. Standard Glass: 20.74% RoNW, ₹3.52 EPS. 2. GMM Pfaudler and Praj: Strong growth, high NAVs of ₹215.22 & ₹69.36. 3. Thermax leads in revenue but has a high P/E.
Standard Glass Lining IPO Objective: 1. ₹10 Cr for machinery, ₹60 Cr for debt repayment. 2. ₹70 Cr for subsidiary funding, ₹20 Cr for acquisitions. 3. Remaining funds for corporate purposes.
Standard Glass Lining IPO Risks: 1. Reliant on pharmaceutical and chemical sectors, vulnerable to downturns. 2. Negative cash flows, high adaptation costs may impact operations and profitability.