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Standard Glass Lining Technology Seeks SEBI Nod To Raise Rs 600 Crore Via IPO

Summary by NDTV Profit
Standard Glass Lining Technology Ltd. has filed a draft red herring prospectus with the Securities Exchange Board of India to raise Rs 600 crore through an initial public offer.The Telangana-based firm's IPO consists of a fresh issue of shares with a face value of Rs 10, aggregating up to Rs 250 crore and an offer for sale of 18.4 million shares of Rs 10 each, aggregating up to Rs 350 core.The company's promoters — S2 Engineering, Kandula Ramakr…

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