Last Updated on January 11, 2025 by IPO Manthan Team
Standard Glass Lining Technology Limited has made waves in the stock market with its recent IPO. Investors and market analysts alike are eager to understand the company’s business prospects, financial performance, and long-term stock trajectory. Let’s delve into the details about Standard Glass Lining Technology Share Price Target and explore what the future holds for this promising enterprise.
Standard Glass Lining Technology IPO Details
The IPO of Standard Glass Lining Technology Limited saw overwhelming investor interest. Here are the key highlights:
| Parameter | Details |
|---|---|
| Issue Size | ₹410.05 crores |
| Fresh Issue | ₹210 crores (1.50 crore shares) |
| Offer for Sale | ₹200.05 crores (1.43 crore shares) |
| Price Band | ₹133 to ₹140 per share |
| Lot Size | 107 shares |
| Minimum Investment | ₹14,980 |
Standard Glass Lining Technology IPO Subscription Overview
The IPO, open from January 6 to January 8, 2025, recorded:
| Investor Type | Subscription Times |
|---|---|
| Qualified Institutional Buyers (QIBs) | 327.76x |
| Non-Institutional Investors (NIIs) | 275.21x |
| Retail Investors | 65.71x |
| Overall Subscription | 185.48x |
The high subscription rates indicate robust demand, particularly from institutional buyers.
Standard Glass Lining Technology Company Information
Founded in 2012 and headquartered in Hyderabad, Telangana, Standard Glass Lining Technology Limited specializes in manufacturing glass-lined equipment for pharmaceutical and chemical industries.
Core Offerings
Glass-lined reactors
- Storage tanks
- Heat exchangers
- Nutsche filters
- Dryers
The company serves over 443 clients, including industry leaders like Aurobindo Pharma, Laurus Labs, and Cadila Pharmaceuticals.
Standard Glass Lining Technology Business Overview
SGL’s operations are supported by cutting-edge technologies like robotic welding, precision CNC manufacturing, and CAD tools for product design. It also adheres to international standards, including ISO and ASME, ensuring high-quality production.
Standard Glass Lining Technology Financial Performance
SGL has exhibited strong financial growth over the past three years:
| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Revenue (₹ Crores) | 240 | 498 | 544 |
| Net Income (₹ Crores) | 25.14 | 53.42 | 60.01 |
| EBITDA (₹ Crores) | 42.36 | 77.07 | 100.91 |
| Debt-to-Equity Ratio | 1.01 | 0.53 | 0.32 |
Standard Glass Lining Technology Shareholding Pattern
After the IPO, the shareholding structure is as follows:
| Category | Percentage Holding |
|---|---|
| Promoters | 72.49% |
| Qualified Institutional Buyers | 50% |
| Non-Institutional Investors | 15% |
| Retail Investors | 35% |
Standard Glass Lining Technology Share Price Target 2025 To 2040
Based on the company’s growth trajectory and market conditions, here are the speculative Standard Glass Lining Technology share price targets:
| Year | Price Target (₹) |
|---|---|
| 2025 | ₹150-₹300 |
| 2026 | ₹250-₹400 |
| 2027 | ₹350-₹500 |
| 2028 | ₹450-₹600 |
| 2029 | ₹600-₹800 |
| 2030 | ₹800-₹1,000 |
| 2040 | ₹2,000-₹2,500 |
Standard Glass Lining Technology Peer Comparison
SGL operates in a competitive market alongside companies like GMM Pfaudler, HLE Glascoat, and Praj Industries.
| Company | EPS (₹) | ROE (%) | P/E Ratio |
|---|---|---|---|
| Standard Glass Lining | 3.52 | 20.74 | NA |
| GMM Pfaudler | 10.30 | 24.50 | 35.00 |
| HLE Glascoat | 8.50 | 22.30 | 30.00 |
FAQs
1. Is investing in SGL a good idea?
SGL’s consistent growth and robust market demand suggest it has strong potential for long-term returns.
2. How does SGL compare to its competitors?
Though relatively new, SGL is rapidly gaining market share with its innovative offerings.
3. Can SGL’s share price reach ₹2,500 by 2040?
With sustained growth and industry expansion, this target is achievable under favorable conditions.
Final Word
Standard Glass Lining Technology Limited is a rising star in the engineering equipment sector. Its focus on innovation, quality, and customer satisfaction, coupled with strong financial growth, positions it as a promising investment. The Standard Glass Lining Technology Share Price Target underscores the potential for long-term profitability. Investors should, however, stay informed and consider market dynamics before making decisions.
This blog uses Standard Glass Lining Technology Share Price Target strategically for optimal SEO and readability.