The Standard Glass Lining IPO allows investors to participate in a public issue of shares through an online application process. To apply, investors need to log in to their trading accounts via a web platform or mobile app and access the IPO section. The process involves entering bid details, selecting the price band, and authorizing payment through UPI. Ensuring accurate details and completing all steps is important for a successful application.
For step-by-step instructions on the process and more details about the IPO, visit the official Standard Glass Lining IPO page on the Bajaj Broking website.
Standard Glass Lining IPO Application Process
The process for applying to the Standard Glass Lining IPO can be completed using your Bajaj Broking trading platform. Follow these steps carefully to ensure your application is submitted correctly.
Step 1: Login to Your Trading Platform
Log in to your Bajaj Broking account through the official website or mobile app. Ensure your login credentials are secure and accurate.
Step 2: Navigate to the IPO Section
After logging in, locate the IPO section to view all active and upcoming IPOs available for application.
Step 3: Select the Open IPO and Click Apply
Find "Standard Glass Lining IPO" in the list of active IPOs and click on the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Input the number of lots you wish to apply for, ensuring that it meets the minimum lot size of 107 shares. Calculate your investment amount based on the price band.
Step 5: Provide Your UPI ID
Enter your UPI ID linked to a valid bank account. Ensure there are sufficient funds in your account for the application.
Step 6: Confirm the Application
Review all entered details, including the quantity, price band, and UPI ID, before submitting your application.
Step 7: Complete the Process and Wait for Allotment
Approve the UPI mandate via your payment app to finalize the application. Once submitted, wait for the allotment results as per the IPO timeline.
How to Check Standard Glass Lining IPO Allotment Status?
You can check the allotment status of your Standard Glass Lining IPO application through various methods, including the registrar’s website, stock exchange platforms, and Bajaj Broking’s platform.
Step 1: Visit the Official Website of the IPO's Registrar
Go to the website of Kfin Technologies, the registrar for Standard Glass Lining IPO.
Step 2: Navigate to the IPO Allotment Status Page
Find the IPO allotment status section, where active IPOs are listed for allotment inquiries.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide the required details to locate your allotment status. Ensure that the information entered is accurate.
Step 4: Click on 'Submit' or 'Check Status'
Submit the information to view the allotment status.
Step 5: Alternative Check on Stock Exchange Websites
Visit the official websites of NSE or BSE to check your allotment status. Use your PAN, application number, or Demat ID.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking’s platform and navigate to the IPO section. Access the IPO Allotment Status page for updates on your application.
About Standard Glass Lining IPO: Overview and Key Facts
Standard Glass Lining Technology Limited, incorporated in 2012, focuses on manufacturing engineering equipment for pharmaceutical and chemical industries. The company provides turnkey solutions, including design, manufacturing, assembly, and installation. Its operations are supported by eight manufacturing units located in Hyderabad, with a nationwide sales network.
The IPO includes a fresh issue worth ₹210 crores and an offer for sale aggregating ₹200.05 crores. The price band is set between ₹133 and ₹140 per share, and the minimum lot size is 107 shares. Retail investors can invest with a minimum amount of ₹14,980 based on the upper price band.
Proceeds from the IPO are allocated for capital expenditure, repayment of debts, and general corporate purposes. The IPO opens on January 6, 2025, and closes on January 8, 2025. The allotment date is January 9, 2025, and shares will be credited to Demat accounts on January 10, 2025.
Investors can check their allotment results through the registrar’s website or via Bajaj Broking. For more details, visit the Standard Glass Lining IPO Allotment Status page.