The Initial Public Offering of Standard Glass Lining Technology Limited was subscribed 182.57 times on the final day of bidding.
The issue received bids of 3,80,27,61,70 shares against the offered 2,08,29,567 equity shares, at a price band of ₹133-140, according to the data available on the stock exchanges.
Qualified Institutional Buyer Portion and Non-Institutional Investors Portion were subscribed 331.60 times and 267.99 times respectively, whereas Retail Portion was subscribed 63.99 times.
IIFL Capital Services Limited, and Motilal Oswal Investment Advisors Limited are the book running lead managers and KFin Technologies Limited is the registrar to the offer. The equity shares are proposed to be listed on BSE and NSE.