Standard Glass IPO to hit markets next week; sets price band at Rs 133-140 per share

Quick Summary:

Standard Glass Lining Technology Ltd has set a price band of Rs 133-140 per share for its Rs 410.05 crore IPO, opening on January 6, 2025.

The IPO includes a fresh issue worth Rs 210 crore and an OFS of 1.43 crore shares.

Proceeds will primarily be used for debt repayment, subsidiary investment, and strategic acquisitions.

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Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaOman

Topics: Business news Initial public offering IPO price band Standard Glass Lining Technology Equity shares Standard Glass IPO

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 01:35:01 (4 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 835 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Times of India

News ID: 24809061

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