| Standard Glass Lining Technology Ltd |
|
|
| Initial public offering of 29,289,367 equity shares of face value of Rs. 10 each (the "Equity Shares") of Standard Glass Lining Technology Limited ("Company" or "Issuer") for cash at a price of Rs. 140 per equity share (the "Offer Price") aggregating to Rs. 410.05 crores (the "Offer") comprising a fresh issue of 15,000,000 equity shares of face value Rs. 10 each aggregating to Rs. 210.00 crores (the "Fresh Issue") and an offer for sale of 14,289,367 equity shares of face value Rs. 10 each aggregating Rs. 200.05 crores (the "Offer for Sale"), comprising an offer for sale of 11,316,367 equity shares of face value Rs. 10 each aggregating to Rs. 158.43 crores by the promoter selling shareholders (as defined hereinafter), 1,909,000 equity shares of face value Rs. 10 each aggregating to Rs. 26.73 crores by the promoter group selling shareholders and 1,064,000 equity shares of face value Rs. 10 each aggregating to Rs. 14.90 crores by the other selling shareholders (as defined hereinafter) (together, the "Selling Shareholders", and such equity shares, the "Offered Shares").
The face value of the equity shares is Rs. 10 each and the offer price is 14 times the face value of the equity shares of face value Rs. 10 each.
|
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application |
| 06-Jan-25 |
08-Jan-25 |
₹ 140.00 |
₹ 140.00 |
| Minimum Application for shares in Nos :107 Further Multiples of :107 |
| |
|
Lead Managers to the Issue |
| Project Cost |
₹ 193.43 Cr |
| IIFL Securities Ltd | | Motilal Oswal Investment Advisors Ltd |
|
| Project Financed through Current Offer |
₹ 410.05 Cr |
|
| Post Issue Equity Share Capital |
₹ 199.49 Cr |
|
| Face Value |
₹ 10 |
|
|