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Issue Open Date
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06-Jan-25
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Issue Closing Date
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08-Jan-25
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Application Money
|
100
|
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Allotment Money
|
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Price Band (Rs.)
|
133
-
140
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Minimum Bid Quantity.
|
107
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Issue Size (Shares)
|
20829567
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Market Lot
|
1
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Objective :
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1. Funding of capital expenditure requirements of our Company towards purchase of machinery andequipment;2. Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company and investment in our wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by S2 Engineering Industry Private Limited, from banks and financial institutions;3. Investment in our wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment;4. Funding inorganic growth through strategic investments and/or acquisitions; and5. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
|
|
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Offered / Reserved |
Bid For |
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|
Non-Institutional Investors
|
4511826
|
1211447259
|
268.5
|
|
Qualified Institutional Buyers
|
5790147
|
1919991629
|
331.6
|
|
Retail Individual Investors
|
5790147
|
1919991629
|
331.6
|
|
|
|
|
Business Description
We are one of the top five specialised engineering equipment manufacturer for pharmaceutical and chemicalsectors in India, in terms of revenue in Fiscal 2024 (Source: F&S Report), with in house capabilities across theentire value chain. Our capabilities include desig...
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Promoter's Holding
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Total Share Capital
|
137486350
|
|
Offered to Public
|
20829567
|
|
Promoter's Holding (Pre-Issue)
|
75.69
|
|
Promoter's Holding (Post-Issue)
|
60.41
|
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More |
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Address |
D.12
Phase-1
Ida Jeedimetla
Hyderabad
,
Telangana
,
500055
Phone :
040 3518 2204
Email :
corporate@standardglr.com
Website :
www.standardglr.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
IIFL Securities Ltd.
Motilal Oswal Investment Advisors Pvt Ltd
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Promoters |
Kandula Krishna Veni
Kandula Ramakrishna
Kudaravalli Punna Rao
Nageswara Rao Kandula
S2 Engineering Services
Venkata Mohana Rao Katragadda
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