Thu Jan 09 11:00:03 UTC 2025: ## Standard Glass IPO Allotment Announced; Over 180 Times Subscribed

**MUMBAI, Dec 9, 2024** – The highly anticipated Standard Glass Lining Technology Ltd. Initial Public Offering (IPO) has concluded with an overwhelming response, receiving bids over 183 times the shares offered. The ₹410.05 crore IPO, priced between ₹133 and ₹140 per share, saw a frenzied subscription, being fully subscribed within minutes on its opening day. Anchor investors previously contributed ₹123 crore.

Investors can now check their allotment status. The allotment is expected to be declared today, December 9th. Details can be found on the registrar’s website (KFin Technologies Limited: [https://evault.kfintech.com/ipostatus/](https://evault.kfintech.com/ipostatus/)), or via the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites. Detailed instructions on checking allotment status on each platform are available.

The grey market premium (GMP) for Standard Glass shares is reportedly exceeding 60 percent, with some sources quoting a GMP of ₹85, suggesting a potential listing gain of nearly 60.71 percent. The shares are set to be listed on the BSE and NSE on January 13, 2025.

This IPO’s success follows news of India’s largest regional retail option traders summit, the BOTS event, organized by Traders Gurukul. The event, held on the 2nd or 3rd Sunday of each month across major Indian cities, aims to improve access to information and generate leads for brokers.

Read More