Standard Glass Lining IPO Share Allotment Today : The IPO of engineering equipment manufacturing company Standard Glass Lining Technology has received a huge subscription of more than 185 times. At the same time, its premium in the gray market also remains high. Looking at the overall indications and outlook of the company, this first IPO of the year is expected to make a strong entry in the stock market. Share allotment under IPO is expected to be finalized today. If you have subscribed then you can check your allotment status from the website of BSE and Registrar.
SGLTL IPO Subscription: Subscribed 185.48 times
The IPO of Standard Glass Lining Technology has been subscribed more than 185 times overall. The size of the IPO was Rs 410.05 crore, while it received bids of Rs 53,238.58 crore.
About 50 percent of the IPO was reserved for Qualified Institutional Buyers (QIB) and it was filled a total of 327.76 times. In this, about 35 percent share was reserved for retail investors and it has been filled overall 65.71 times. While the remaining 15 percent was reserved for Non-Institutional Investors (NII) and it was filled a total of 275.21 times.
GMP: Premium in gray market 64%
There is a craze in the gray market regarding the IPO of Standard Glass Lining Technology. The unlisted stock of the company is trading at a premium of Rs 90 in the gray market. This is a 64 percent premium compared to the upper price band of IPO of Rs 140. GMP suggests that this stock may be listed at Rs 230 as compared to the IPO price of Rs 140.
Allotment Status Check: From BSE website
For this, first you have to go to BSE website.
Link: bseindia.com/investors/appli_check.aspx
After that the equity box has to be checked.
Then you have to enter the name of the issue Standard Glass Lining in the dropdown.
After that you have to type your application number in the box.
After that you will have to provide information about your PAN number.
Finally you will have to click on the search button, after which complete information will appear.
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Allotment Status Check: From Registrar’s website
KFin Technologies Limited is the registrar of this issue. For this IPO you have to visit the registrar’s website.
For this IPO you will have to visit the registrar’s website.
Link: https://kosmic.kfintech.com/ipostatus
Type the company name Standard Glass Lining in the dropdown.
After this enter PAN number, application number or depository/client ID in the box.
Then enter the captcha and click on the search button. Then you will know your status.
