This video covers the company overview of Standard Glass Lining Technology. IPO will be open from 6 Jan to 8 Jan 2025.<\/p>\n
My take is subscribe<\/p>\n
Standard Glass Lining is coming with IPO at upper price band of Rs.140 per share implying at PE of 39.7x. Compared with its peer group which match more with GMM Pfaudler and HLE Glascoat, the company is offering shares a low valuation and that means a significant upside potential for listing
\nGMP of Rs. 80 also suggest good listing gains potential
\nMoreover, investment for long term also makes sense with company having significant market share (16%) of glass lined equipment market in India. With market growth anticipated in coming years this company will also grow in size and there is potential wealth generation opportunity<\/p>\n
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