Standard Glass Lining Sees Bulls and Bears on Final Day of IPO

Standard Glass Lining Sees Bulls and Bears on Final Day of IPO

In a highly awaited and closely watched initial public offering (IPO), the ₹ 410.05 crore-worth Standard Glass Lining made a substantial debut in the market on January 7, 2025. The firm is now ending its day three of subscriptions with several key indicators still to be revealed as markets continue to monitor the issue's performance.

According to the latest information available at press time, the ₹ 210 crore fresh share issue and the offer-for sale (OFS) of up to 1.43 crore equity shares by its promoters and other stakeholders would determine the final success of this coveted IPO.

Investors and retail buyers hoping to snag a piece of this glass giant now eagerly await the fate of their GMP (Grey Market Price) stocks, as well as updates on subscription details that could make all the difference in whether or not they manage to secure shares at the issue price.