Standard glass lining technology IPO details Today : Standard glass lining technology IPO details Today is Open on [.] 2024 and Close on [.] 2024. Standard glass lining technology IPO to Raise [.] shares (Approx ₹[.] Cr) via IPO. The Fresh issue of [.] shares (Approx ₹[.] Cr) and The Offer For Sale is [.] shares (Approx ₹[.] Cr).
We are one of the top five specialised engineering equipment manufacturer for pharmaceutical and chemical sectors in India.
Our capabilities include designing, engineering, manufacturing, assembly, installation and commissioning solutions as well as establishing standard operating procedures for pharmaceutical and chemical manufacturers on a turnkey basis .
Our portfolio comprises core equipments used in the manufacturing of pharmaceutical and chemical products, which can be categorized into.
- Reaction Systems.
- Storage Separation and Drying Systems.
- Plant Engineering and Services (including other ancillary parts).
We are also one of India’s top three manufacturers of glass-lined, stainless steel, and nickel alloy based specialised engineering equipment, in terms of revenue in Fiscal 2024.
We are also one of the top three suppliers of polytetrafluoroethylene (“PTFE”) lined pipelines and fittings in India, in terms of revenue in Fiscal 2024.
We possess in-house capabilities to manufacture all the core specialised engineering equipment required in the active pharmaceutical ingredient (“API”) and fine chemical products manufacturing process.
Over the last decade we have supplied over 11,000 products. The below graphic illustrates our presence across the core functions of API or fine chemical product manufacturing process.
Our engineered solutions are used in processes across pharmaceutical, chemical, food and beverage, biotechnology and fertilizer sectors.
We customise our products basis the unique process requirements of our customers. We also provide turnkey automated equipment solutions, optimising processes like vacuum
distillation, solvent recovery and gas dispersion.
We have a diversified customer base including end users operating in a range of sectors across pharmaceutical, chemicals, paint, bio technology and food and beverages. Our marquee customer base includes 30 out of approximately 80 pharmaceutical and chemical companies.
Our Customers Include
- Apitoria Pharma Private Limited,
- Aurobindo Pharma Limited,
- CCL Food and Beverages Private Limited,
- Cohance Lifesciences Limited,
- Cadila Pharmaceutical Limited,
- Deccan Fine Chemicals (India) Private Limited,
- Dasami Lab Private Limited,
- Laurus Labs Limited,
- Granules India Limited,
- Macleods Pharmaceuticals Limited,
- MSN Laboratories Private Limited,
- Natco Pharma Limited,
- Honour Lab Limited,
- Hetero Drugs Limited,
- Hetero Labs Limited,
- Hazelo Lab Private Limited,
- Piramal Pharma Limited,
- Sanvira Biosciences Private Limited,
- Suven Pharmaceuticals Limited,
- Tagros Chemicals India Private Limited,
- Vamsi Labs Limited
- Viyash Life Sciences Private Limited.
Object of the Issue
- Funding of capital expenditure requirements of our Company towards purchase of machinery and equipment.
- 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 MaterialSubsidiary, 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 EngineeringIndustry Private Limited, from banks and financial institutions.
- Investment in our wholly owned Material Subsidiary, S2 Engineering Industry Private Limited, for funding its capital expenditure requirements towards purchase of machinery and equipment.
- Funding inorganic growth through strategic investments and/or acquisitions.
- General corporate purposes.
Our Company Promoters
- Nageswara Rao Kandula
- Kandula Krishna Veni
- Kandula Ramakrishna
- Kudaravalli Punna Rao
- Venkata Mohana Rao Katragadda
- M/s S2 Engineering Services
Qualitative Factors
- One of the top five specialised engineering equipment manufacturers for pharmaceutical and chemical sectors in India with products across entire value chain.
- Customized and innovative product offering across the entire pharmaceutical and chemical manufacturing value chain.
- Strategically located manufacturing facilities with advanced technological capabilities.
- Long term relationships with marquee clientele across sectors.
- Consistent track record of profitable growth.
- Experienced promoters and management team.
Comparison of Accounting Ratios with Listed Peer Group Companies
- Pfaudler Ltd
- HLE Glascoat Ltd
- Thermax Ltd
- Praj Industries
Also Read: Senores Pharmaceuticals IPO
Standard glass lining technology Company Contact Details
D.12, Phase-1, IDA Jeedimetla,
Hyderabad, Telangana-500055, India
E-mail: corporate@standardglr.com
Tel: + 040 3518 2204
Webiste: www.standardglr.com
Contact Person: Kallam Hima Priya
Standard glass lining technology IPO Registrar
KFin Technologies Limited
Selenium, Tower B, Plot No. 31 and 32, Financial District
Nanakramguda, Serilingampally, Hyderabad 500 032, Telangana,
India
Telephone: +91 40 6716 2222
E-mail: sgltl.ipo@kfintech.com
Investor Grievance e-mail: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M. Murali Krishna
