Standard Glass Lining Technology Ltd

Initial public offering of up to [] equity shares of face value of Rs. 10 each (the Equity Shares) of Standard Glass Lining Technology Limited (Company or Issuer) for cash at a price of Rs. [] per equity share (the Offer Price) aggregating up to Rs. [] crores (the Offer) comprising a fresh issue of up to [] equity shares of face value Rs. 10 each aggregating up to Rs. 250.00 crores (the Fresh Issue) and an offer for sale of up to 18,444,000 equity shares of face value Rs. 10 each aggregating up to Rs. [] crores (the Offer for Sale), comprising an offer for sale of up to 15,086,000 equity shares of face value Rs. 10 each aggregating up to Rs. [] crores by the promoter selling shareholders (as defined hereinafter), up to 1,844,000 equity shares of face value Rs. 10 each aggregating to Rs. [] crores by the promoter group selling shareholders and up to 1,514,000 equity shares of face value Rs. 10 each aggregating to Rs. [] crores by the other selling shareholders (as defined hereinafter) (together, the Selling Shareholders, and such equity shares, the Offered Shares). The company, in consultation with the brlms, may consider an issue of specified securities, as may be permitted under applicable law, to any person(s), aggregating up to Rs. 50.00 crores at its discretion, with the roc (pre-ipo placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended. The pre-ipo placement, if undertaken, shall not exceed 20.00% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken) shall be appropriately made in the relevant sections of the red herring prospectus and the prospectus. The face value of the equity shares is Rs. 10 each and the offer price is [*] times the face value of the equity shares of face value Rs. 10 each. The price band, and the minimum bid lot will be decided by the company.