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Standard Glass Lining Technology IPO: BSE IPO Allotment Status
The highly anticipated Initial Public Offering (IPO) of Standard Glass Lining Technology Ltd has received overwhelming response from investors across various categories, making it one of the most successful IPOs in recent times. As the bidding period has come to an end, investors are eagerly waiting for the Standard Glass Lining Technology IPO allotment date to be announced.
Standard Glass Lining IPO: A Brief Overview
The Standard Glass Lining Technology Ltd IPO opened for subscription on January 6 and closed on January 8, garnering a significant response from investors. The issue was subscribed over 183 times, indicating a high level of confidence in the company’s growth prospects.
IPO Allotment Date and Listing Date
As per industry reports, the Standard Glass Lining IPO allotment date is likely to be today, January 9, while the listing date is expected to be January 13. Once the IPO allotment status is released, the company will credit the equity shares into the demat accounts of eligible allottees and initiate refunds to unsuccessful investors.
How to Check Standard Glass Lining IPO Allotment Status
Investors can check their IPO allotment status online through various platforms. Here are the steps to follow:
Standard Glass Lining IPO Allotment Status on BSE
To check the allotment status on the Bombay Stock Exchange (BSE), investors can visit the following link: https://www.bseindia.com/investors/appli_check.aspx
- Select ‘Equity’ in the Issue Type.
- Choose ‘Standard Glass Lining Technology Limited’ in the Issue Name dropdown menu.
- Enter either Application No. or PAN.
- Verify by ticking on ‘I am not robot’ and click on ‘Search’.
- Your Standard Glass Lining IPO allotment status will be displayed on the screen.
Standard Glass Lining IPO Allotment Status on Kfin Technologies
To check the allotment status on Kfin Technologies, investors can visit the following link: https://kosmic.kfintech.com/ipostatus/
- Choose ‘Standard Glass Lining Technology Limited’ in the Select IPO dropdown menu.
- Select either Application No., Demat Account, or PAN.
- Enter the details as per the option selected.
- Enter the Captcha code and click on Submit.
- Your Standard Glass Lining IPO allotment status will be displayed on the screen.
Standard Glass Lining IPO GMP Today
The trends for Standard Glass Lining Technology shares remain bullish in the unlisted market, with a decent grey market premium (GMP) today. According to stock market observers, Standard Glass Lining IPO GMP today is ₹91 per share. This indicates that in the grey market, Standard Glass Lining Technology shares are trading higher by ₹91 than their issue price.
Estimated Listing Price (BSE IPO Allotment Status)
Considering the Standard Glass Lining IPO GMP today, the estimated listing price of Standard Glass Lining Technology shares would be ₹231 apiece, a premium of 65% to the issue price of ₹140 per share. This indicates that investors are expecting significant returns on investment from this IPO.
Standard Glass Lining IPO Details
The company raised ₹410.05 crore from the book-built issue, which comprised a combination of fresh issue of 1.50 crore equity shares worth ₹210 crore and offer for sale of 1.43 crore shares amounting to ₹200.05 crore. The Standard Glass Lining IPO price band was set at ₹133 to ₹140 per share.
IPO Subscription Figures
The company received robust demand, with the issue being subscribed 183.18 times in total at the end of the bidding process on Wednesday. The Retail Investors category is booked 64.99 times, while the Non-Institutional Investors (NII) portion is subscribed 268.50 times.
Book Running Lead Managers and IPO Registrar
IIFL Securities and Motilal Oswal Investment Advisors are the book running lead managers of the Standard Glass Lining IPO, while Kfin Technologies is the IPO registrar.
In conclusion (BSE IPO Allotment Status)
The Standard Glass Lining Technology Ltd IPO has received overwhelming response from investors, making it one of the most successful IPOs in recent times. As the bidding period has come to an end, investors are eagerly waiting for the IPO allotment date to be announced. Investors can check their IPO allotment status online through various platforms, including BSE and Kfin Technologies.
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