About Normal Glass Lining Know-how IPO
Normal Glass Lining Know-how IPO is about to roll out a Rs 410.05 crore e-book. This IPO subscription is an amalgamation of a contemporary concern of Rs 210 crore (1.5 crore shares) and an offer-for-sale of Rs 200.05 crore (1.43 crore shares). The corporate is making ready for a twin itemizing on the BSE and NSE.
Retail buyers should make a minimal funding of Rs 14,980 to take part. Small NII buyers want to take a position no less than Rs 2,09,720 for 1,498 shares, equal to 14 heaps. Massive NII buyers want a minimal funding of Rs 10,03,660 for 7,169 shares, which is 67 heaps.
Kfin Applied sciences Ltd will function the registrar for this concern. IIFL Securities Ltd & Motilal Oswal Funding Advisors Ltd are the e-book operating lead managers on this IPO.
Normal Glass Lining Know-how IPO Newest GMP:
The latest GMP of the IPO is Rs 0, as of 1st January, 2025 10:55 AM. The IPO has a value band of Rs 140. The estimated itemizing value for Normal Glass Lining Know-how is Rs 140, reflecting a possible achieve of 0% per share.
Normal Glass Lining Know-how IPO Particulars
Normal Glass Lining Know-how IPO Opening Date and Closing Date | sixth January to eighth January |
Face Worth | Rs 10 per share |
Value Band | Rs 133 to Rs 140 per share |
Lot Measurement | 107 Shares |
Whole Challenge Measurement | 2,92,89,367 shares (aggregating as much as Rs 410.05 Cr) |
Contemporary Challenge | 1,50,00,000 shares (aggregating as much as Rs 210 Cr) |
Provide for Sale | 1,42,89,367 shares (aggregating as much as Rs 200.05 Cr) |
Challenge Kind | Guide-Constructed Kind Challenge |
Itemizing At | NSE, BSE |
Shareholding Pre-Challenge | 18,44,91,662 Shares |
Foundation of Allotment | Thursday, ninth January, 2025 |
Refund Initiation | Friday, tenth January, 2025 |
Credit score of Shares in Demat | Friday, tenth January, 2025 |
Itemizing Date | Monday, thirteenth January, 2025 |
Reduce-off time for UPI mandate affirmation | 5 PM on eighth January, 2025 |
Draft Pink Herring Prospectus | Hyperlink |
Pink Herring Prospectus | Hyperlink |
Normal Glass Lining Know-how Firm Particulars
- Normal Glass Lining Know-how Ltd, established in September 2012, manufactures engineering tools for India’s pharmaceutical and chemical sectors with in-house manufacturing capabilities.
- The corporate provides turnkey options like design, engineering, manufacturing, meeting, set up, and normal working procedures for pharmaceutical and chemical producers.
- Its product portfolio consists of response methods, storage, separation and drying methods, and plant engineering and providers.
- The corporate produces superior engineering tools crafted from glass-lined supplies, chrome steel, and nickel alloy.
- The corporate’s purchasers embody main names like Aurobindo Pharma, Cadila Prescribed drugs, Laurus Labs, and MSN Laboratories, amongst others.
- It operates eight manufacturing items in Hyderabad, Telangana, and has gross sales places of work in Vadodara, Ankleshwar, Mumbai, and Visakhapatnam, with gross sales representatives throughout India.
- As of thirtieth September, 2024, it employed 460 full-time staff and 731 contract laborers.
Normal Glass Lining Know-how IPO Lot Measurement, Shares, And Their Worth:
Utility | Tons | Shares | Quantity |
Retail (Min) | 1 | 107 | Rs 14,980 |
Retail (Max) | 13 | 1,391 | Rs 1,94,740 |
S-HNI (Min) | 14 | 1,498 | Rs 2,09,720 |
S-HNI (Max) | 66 | 7,062 | Rs 9,88,680 |
B-HNI (Min) | 67 | 7,169 | Rs 10,03,660 |
Investor classes and Normal Glass Lining Know-how shares supplied:
Investor Class | Shares Supplied |
QIB Shares Supplied | No more than 50.00% of the supply |
Retail Shares Supplied | Not lower than 35.00% of the Provide |
NII (HNI) Shares Supplied | No more than 15.00% of the Provide |
Normal Glass Lining Know-how Key Funds:
For the interval ended on thirty first March, 2024 & thirty first March, 2023:
Intervals Ended | thirty first Mar, 2024 | thirty first Mar, 2023 |
Belongings | Rs 665.38 Cr. | Rs 347.79 Cr. |
Income | Rs 549.68 Cr. | Rs 500.08 Cr. |
Revenue After Tax | Rs 60.01 Cr. | Rs 53.42 Cr. |
Web Price | Rs 409.92 Cr. | Rs 156.67 Cr. |
Reserves and Provides | Rs 389.18 Cr. | Rs 139.94 Cr. |
Whole Borrowing | Rs 129.32 Cr. | Rs 81.96 Cr. |
Normal Glass Lining Know-how IPO: Price Investing?
Monetary Efficiency:
Income: The corporate generated Rs 312.1 crore in income through the interval ended on thirtieth Sep, 2024.
Web Price: The corporate’s internet value, which represents the whole worth of the corporate’s property minus its liabilities, is Rs 447.8 crore.
Monetary Place:
Belongings: The corporate’s whole property amounted to Rs 756.52 crore.
Reserves and Surplus: The corporate has gathered reserves and surplus of Rs 261.58 crore.
Normal Glass Lining Know-how Key Efficiency Indicators (KPI) and their values:
KPI | Values |
Return on Fairness (ROE) | 20.74% |
Return on Capital Employed (ROCE) | 25.49% |
Return on Web Price (RoNW) | 20.74% |
Debt-to-Fairness (D/E) | 0.32 |
Value to Guide Worth (P/BV) | 5.70 |
PAT Margin (%) | 10.92 |
Targets of Normal Glass Lining Know-how IPO
The Firm plans to make use of the Web Proceeds for the next functions:
- Buying equipment and tools for capital growth.
- Repaying or prepaying a few of its excellent loans and offering funds to its subsidiary, S2 Engineering Business Pvt Ltd, to assist repay its borrowings.
- Investing in S2 Engineering Business Pvt Ltd for its capital wants, together with shopping for equipment and tools.
- Supporting development by strategic investments or acquisitions.
- Assembly basic company bills.
Key Dangers of Investing in Normal Glass Lining Know-how IPO
- Income relies upon closely on pharmaceutical and chemical sectors.
- Excessive prices on account of specialised tools and supplies.
- Smaller international footprint in comparison with rivals.
- Operations rely considerably on contract labor.
- Margins are affected by uncooked materials value modifications.
Some Regularly Requested Questions (FAQs)
What’s the value band of the Normal Glass Lining Know-how IPO?
Value band has been mounted at Rs 133 and Rs 140 per share.
What’s the retail investor quota of Normal Glass Lining Know-how IPO?
A minimal of 35% shares shall go to the retail buyers.
What’s the lot measurement and share distribution for Excessive Web-Price People (HNIs)?
The lot measurement for HNIs is 14 heaps, with a complete of 1,498 shares allotted.
How can I apply for Normal Glass Lining Know-how Preliminary Public Provide?
You possibly can apply by your demat account, banking channels, or different monetary establishments through the IPO interval.
When is the Final Date of IPO subscription for Normal Glass Lining Know-how?
The cut-off time is 5 PM on eighth January, 2025, however many brokers shut purposes earlier, usually between 1-3 PM.
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