Standard Glass Lining Ltd IPO

Standard Glass IPO offers shares worth INR 410.05 Cr. Funds to buy machinery, repay loans, invest in subsidiaries, pursue growth, and cover expenses.

Important Details

Open Date : January 6, 2025 Close Date : January 8, 2025 Allotment Date: January 9, 2025 Listing Date: January 13, 2025

Important Details

IPO Price: INR 133-140 per share Lot Size: 107 Shares Total Issue Size: INR 410.05 crores

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Fundamental Analysis

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.

Fundamental Analysis

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.

Peer Comparison

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.

Objective

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.

Risks And Challenges

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.