Standard Glass Lining Technology IPO subscribed over 17 times on Day 2. Check key dates, price band, GMP and review

Standard Glass Lining Technology's IPO, which opened for subscription on January 6, had been subscribed 17.61 times by day two, with the highest demand from non-institutional investors. The raised funds will be utilized for capital expenditure, debt repayment, and strategic investments. The issue is valued at FY24 P/E 47.8x based on the upper price band.