Standard Glass Lining secures Rs 40 crore pre-IPO funding from Amansa Investments
Standard Glass Lining Technology Limited, a Hyderabad-based specialized engineering equipment manufacturer, secured Rs 40 crore in pre-IPO funding from Amansa Investments. The company issued shares at Rs 140 per share, representing 1.55% of its pre-offer share capital. The funding comes ahead of its planned IPO, comprising a fresh issue of up to Rs 250 crore and an offer for sale of existing shares.
Standard Glass Lining Technology Limited, a Hyderabad-based specialized engineering equipment manufacturer, secured Rs 40 crore in pre-IPO funding from Amansa Investments. The company issued shares at Rs 140 per share, representing 1.55% of its pre-offer share capital. The funding comes ahead of its planned IPO, comprising a fresh issue of up to Rs 250 crore and an offer for sale of existing shares.
