Glottis Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.129
Issue Size:
Rs.307.00 Cr
Lot Size:
114 shares
Open Date:
September 29
Glottis Ltd. IPO Overview
Bidding Dates
September 29 - October 1
Min Investment
₹14,706
Price Range
₹129
Issue Size
₹307.00 Cr
IPO DRHP Doc
Company Overview
Glottis Limited, incorporated in June 2024, is a logistics solutions company providing comprehensive transportation services via ocean, air, and road logistics. The company operates through 8 branch offices in India and has a network of 171 overseas agents and various transport partners. It has exported products globally and served thousands of customers across multiple countries.
IPO Timeline
Opens
Sep 29
Closes
Oct 1
Allotment
Oct 3
Refunds
Oct 6
Shares Credit
Oct 6
Listing
Oct 7
Opens
Sep 29
Closes
Oct 1
Allotment
Oct 3
Refunds
Oct 6
Shares Credit
Oct 6
Listing
Oct 7
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.76x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 1.12x | Oversubscribed |
| RII (Retail Individual Investors) | 0.60x | Partially Subscribed |
| Total Subscription | 0.96x | Partially Subscribed |
Last updated: Sep 30, 2025, 05:07 PM
Current GMP:
No Premium
Est. Listing:
Rs.129
Est. Gain:
0%
Star Rating:
★★★★★(0/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹156.1 Cr | ₹81.72 Cr | ₹72.08 Cr |
| EBITDA | ₹78.45 Cr | ₹40.36 Cr | ₹33.47 Cr |
| NET Worth | ₹98.53 Cr | ₹42.35 Cr | ₹11.52 Cr |
| Profit After Tax | ₹56.14 Cr | ₹30.96 Cr | ₹22.44 Cr |
| Reserves and Surplus | ₹82.53 Cr | ₹41.35 Cr | ₹10.52 Cr |
| Total Borrowing | ₹22.14 Cr | ₹8.08 Cr | ₹30.61 Cr |
| Total Income | ₹942.55 Cr | ₹499.39 Cr | ₹478.77 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Leading freight forwarder with expertise in Renewable Energy sector.
- Strong intermediary network with efficient asset portfolio utilisation.
- Scaled multimodal logistics for diverse and complex project handling.
- Established global presence and long-term customer relationships.
- Consistent financial growth driven by an experienced management team.
IPO Details
Glottis IPO Details
| Face Value | ₹2 per share |
| Fresh Issue | 1,24,03,100 shares (aggregating up to ₹160.00 Cr) |
| IPO Date | September 29, 2025 to October 1, 2025 |
| Issue Price Band | ₹120 to ₹129 per share |
| Issue Price Final | ₹129 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | October 7, 2025 |
| Lot Size | 114 Shares |
| Offer for Sale | 1,13,95,640 shares of ₹2 (aggregating up to ₹147.00 Cr) |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Share Holding Post Issue | 9,24,03,100 shares |
| Share Holding Pre Issue | 8,00,00,000 shares |
| Total Issue Size | 2,37,98,740 shares (aggregating up to ₹307.00 Cr) |
Glottis IPO Reservation
Share Reservation Distribution
Retail
9,519,496 shares (40%)
HNI (NII)
7,139,622 shares (30%)
QIB
7,139,622 shares (30%)
bNII (>₹10L)
4,759,748 shares (20%)
Anchor Investors
4,283,755 shares (18%)
QIB (Ex-Anchor)
2,855,867 shares (12%)
sNII (<₹10L)
2,379,874 shares (10%)
Glottis IPO Promoter Holding
| Promoter Holding Post Issue | |
| Promoter Holding Pre Issue | 98.98% |
Glottis IPO Listing Details
| BSE Script Code | 544557 |
| Final Issue Price | ₹129 per share |
| ISIN | INE0TQE01026 |
| Listing Date | October 7, 2025 |
| NSE Listing Group | EQ (Rolling) |
| NSE Symbol | GLOTTIS |
Key Dates
Open Date:September 29
Close Date:October 1
Listing Date:October 7
