The Standard Glass Lining IPO got fully subscribed within minutes of opening for share sale. Check latest GMP, subscription status.

The ₹1,250 crore issue includes a fresh equity offering of up to ₹210 crore and an offer for sale of up to 1.42 crore shares, with bidding open until January 8. The issue has been subscribed 4.34 times so far.

Here are the key details of the Capital Infra Trust IPO, outlined by the company in its Red Herring Prospectus (RHP)

Fabtech Technologies Cleanrooms Ltd. reported a revenue of Rs 62.22 crore and a net profit of Rs 5.4 crore for the period ended Sept. 30, 2024. In FY24, its revenue declined by 22% to Rs 98 crore from Rs 125.10 crore in FY23. The net profit during this period decreased 27% year-on-year to Rs 5.78 crore from Rs 7.96 crore.

The firm’s maiden offering has been priced in the range of Rs 133 to Rs 140 per equity share. The company generated Rs 123.02 crore from the anchor investors ahead of its subscription window.

The retail investor quota for Standard Glass Lining's IPO has been subscribed over 10 times, while the non-institutional investors (NII) category has been subscribed 13.74 times.

Standard Glass Lining’s initial public offering is poised to open for public bidding on Monday, January 6. The IPO is a mix of fresh issue and offer-for-sale.

Standard Glass Lining Technology's IPO was oversubscribed within an hour of opening, driven by strong retail and non-institutional investor interest. The company plans to use proceeds for capital expenditure,

Unlisted shares of Standard Glass Lining Ltd continue to trade at Rs 237 apiece in the grey market, which is a 69.29 per cent premium over the upper IPO price of Rs 140. It indicates a robust listing gain for investors on January 13.