Standard Glass Lining shares jump nearly 17% in market debut trade

Shares of Standard Glass Lining Technology Ltd closed with a nearly 17% premium against the issue price, debuting at Rs 176 on the BSE, with a valuation of Rs 3,258.70 crore. The IPO saw a 182.57 times subscription with proceeds for debt repayment, investments, and acquisitions.

Standard Glass Lining shares jump nearly 17% in market debut trade
Shares of Standard Glass Lining Technology Ltd closed with a nearly 17% premium against the issue price, debuting at Rs 176 on the BSE, with a valuation of Rs 3,258.70 crore. The IPO saw a 182.57 times subscription with proceeds for debt repayment, investments, and acquisitions.