Strong Debut! Standard Glass Lining shares list at ₹172 on NSE, up 22.8% from IPO price
Standard Glass Lining Technology IPO listing: Standard Glass Lining Technology shares made a strong debut on Monday, January 13, listing at ₹172 on NSE, a premium of 22.8 per cent over the issue price of ₹140. Meanwhile, on BSE, it was listed at ₹176, up 25.71 per cent.
Standard Glass Lining’s initial public offering (IPO), valued at ₹410 crore, was open for subscription from January 6 to January 8. The IPO price band was fixed at ₹133-140 per equity share.
Following the three days of bidding, Standard Glass Lining IPO closed with exemplary demand, garnering 185.48 times bids. The IPO received bids for 380.27 crore shares against 2.05 crore shares on offer. The retail investor segment was booked 65.71 times, while the…
