The ₹1,250 crore issue includes a fresh equity offering of up to ₹210 crore and an offer for sale of up to 1.42 crore shares, with bidding open until January 8. The issue has been subscribed 4.34 times so far.

The strong subscription aligns with grey market trends, as Standard Glass Lining's unlisted shares were commanding a premium of Rs 96 or 68.57 per cent over the upper end of the IPO price band

Standard Glass Lining Technology's IPO was oversubscribed within an hour of opening, driven by strong retail and non-institutional investor interest. The company plans to use proceeds for capital expenditure,

Quadrant Future Tek IPO experienced a strong opening with full subscription within hours, driven by high demand in the retail and NII categories. Proceeds will support various financial needs. Positive market response is evident with a GMP of Rs 170,

Unlisted shares of Standard Glass Lining Ltd continue to trade at Rs 237 apiece in the grey market, which is a 69.29 per cent premium over the upper IPO price of Rs 140. It indicates a robust listing gain for investors on January 13.

IPO News, Indobell Insulation IPO opens today & Standard Glass Lining Technology IPO GMP Day 1 Live Updates: Follow the latest updates on the Standard Glass Lining Technology IPO and Indobell Insulation IPO as they open for subscription today.

Standard Glass Lining Technology's Rs 1,250 crore IPO opens today, with a price band of Rs 133-140 per share and a GMP indicating a 69% premium. The issue includes fresh equity for capital expenditure,