Glottis IPO

Glottis IPO is a book build issue of Rs 307.00 crores, comprising a fresh issue of 1.24 crore shares worth Rs 160.00 crores and an offer for sale of 1.14 crore shares worth Rs 147.00 crores. The IPO opens on September 29, 2025, and closes on October 1, 2025. Allotment is expected on October 3, with listing on BSE and NSE scheduled for October 7, 2025. The price band is Rs 120 to Rs 129 per share. The lot size is 114 shares, requiring a minimum retail investment of Rs 14,706. Pantomath Capital Advisors Pvt. Ltd. is the lead manager.

Glottis IPO Details

Check out the issue details for Glottis IPO as disclosed in SEBI.

Price Band

₹ 120 - 129

Issue Size

307 Cr.

Issue Type

Book Built

Open

2025-09-29

Close

2025-10-01

Glottis News

Glottis coming with an IPO to raise upto Rs 319 crore25 Sep 2025, 4:45PM Glottis gets SEBI’s nod for IPO24 Jun 2025, 3:22PM Glottis files DRHP with SEBI to raise funds via IPO 27 Sep 2024, 2:35PM

Company Financials

You can get the following financial statements of Glottis as of now.

Company Name

Glottis

Exchange

NSE: GLOTTIS

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Glottis IPO Details

The details about the Glottis IPO are as follows:

  • The issue size of the IPO is Rs 307.00 Cr.
  • The price band for Glottis IPO is Rs 120 to Rs 129.
  • The shares of Glottis IPO will list on BSE and NSE.
  • The latest tentative GMP of Glottis IPO is Rs .
  • The shares of Glottis IPO are subscribed _ Times.

 

Glottis IPO Valuation

The approximate valuation of Glottis IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 129
Existing Shares (Qty) 8 Cr
Fresh Issue Rs 160 Cr
Market Cap Rs 1192 Cr
EPS (FY24) Rs 3.87
PE Ratio 33.33x
Industry PE 25.64x

 

Glottis IPO Issue Size

Glottis IPO issue size is Rs 307.00 Cr.

Issue Amount
Fresh Issue Rs 160.00 Cr
Offer For Sale Rs 147.00 Cr

 

Glottis IPO Market Lot

An individual can apply for a minimum of 1 lot of 114 shares and a maximum of 13 lots (1,482 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 114 Rs 14,706
Retail Maximum 13 1,482 Rs 1,91,178

 

Glottis IPO Share Offer

The shares of Glottis IPO are subscribed _ Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 30%
Non-Institutional Not less than 30%
Retail Individual Not less than 40%

 

Glottis IPO GMP (Grey Market Premium)

As on GMP (Tentative)
25 September 2025 Rs

Glottis IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Glottis IPO Dates

Find below the dates for Glottis IPO

Schedule Date
Basis of Allotment 3 Oct 2025
Refunds 6 Oct 2025
Credit to Demat Account 6 Oct 2025
IPO Listing Date 7 Oct 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2023 Mar 2024
Net Sales 478.57 497.41
Total Expenditure 445 456.25
Operating Profit 33.57 41.16
Other Income 0.7 2.21
Interest 0.34 0.47
Depreciation 0.61 0.92
Exceptional Items 0 0
Profit Before Tax 33.32 41.98
Provision for Tax 10.75 10.46
Net Profit 22.57 31.53
Adjusted EPS (Rs.) 0.28 0.39

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 1 1
Total Reserves 8.9 40.26
Borrowings 32.33 9.01
Other N/C liabilities 0.6 3.34
Current liabilities 28.85 30.71
Total Liabilities 71.67 84.32
Assets
Net Block 2.41 6.39
Capital WIP 0 3.51
Intangible WIP 0 0
Investments 0 0
Loans & Advances 0.47 0.58
Other N/C Assets 0.14 0.33
Current Assets 68.66 73.51
Total Assets 71.67 84.32
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2023 Mar 2024
Profit from operations 33.32 41.98
Adjustment 0.28 0.57
Changes in Assets & Liabilities 0.87 -20.83
Tax Paid -9.56 -14.18
Operating Cash Flow 24.9 7.53
Investing Cash Flow -0.07 -7.92
Financing Cash Flow -22.18 -19.86
Net Cash Flow 2.66 -20.26

Glottis IPO: Date, Share Price, Review & Details

Glottis Limited, a Chennai-based multimodal logistics company, is set to launch its Initial Public Offering (IPO) on September 29, 2025. The company plans to raise approximately Rs 307 crore through this public issue, which includes a mix of fresh shares and an Offer for Sale (OFS).

About Glottis Ltd.

Glottis Limited specialises in providing integrated, end-to-end logistics solutions. The company's business model is built on offering a comprehensive suite of services that cater to the complex supply chain needs of various industries. Its key services include:

  • Multimodal Transportation: Offering transportation services via ocean, air, and road.

  • Warehousing and 3PL: Providing warehousing and third-party logistics solutions.

  • Customs Clearance: Assisting with customs clearance for international shipments.

Glottis has a strong operational scale, having managed approximately 95,000 twenty-foot equivalent units (TEUs) of imports through ocean freight in FY24. The company has a pan-India presence with 8 branch offices and a global network spanning 125 countries through international agents and group entities in Singapore, the UAE, and Vietnam. Its client base is diverse, with significant revenue from the renewable energy sector, as well as engineering, chemicals, and home appliances industries.

Glottis IPO Details (2025)

  • IPO Open Date: September 29, 2025

  • IPO Close Date: October 1, 2025

  • Price Band: Rs 120 – Rs 129 per share

  • Lot Size: 114 shares

  • Minimum Investment: Rs 14,706 for retail investors at the upper price band.

  • Issue Size: Rs 307 crore, consisting of a fresh issue of shares worth Rs 160 crore and an Offer for Sale (OFS) of 1.14 crore shares by the promoters.

  • Listing: The shares will be listed on both the BSE and NSE, with a tentative listing date of October 7, 2025.

  • Registrar: Kfin Technologies Ltd. has been appointed as the registrar for the IPO.

Use of IPO Proceeds

The net proceeds from the fresh issue will be utilised for:

  • Capital expenditure for the purchase of commercial vehicles and containers (Rs 132.5 crore).

  • General corporate purposes.

Financial Performance

Glottis Limited has shown robust financial growth. For the fiscal year ending March 31, 2025, the company reported:

  • Revenue: Rs 942.55 crore, a significant increase from Rs 499.39 crore in FY24.

  • Net Profit: Rs 56.14 crore, a substantial jump from Rs 30.96 crore in the previous fiscal year.

  • Key Ratios: The company boasts strong financial metrics, with a Return on Equity (ROE) of 56.98% and a debt-to-equity ratio of 0.22.

What You Can Find on This Page

This page provides a comprehensive overview of the Glottis IPO, including:

  • Live IPO Subscription Status: Track the subscription numbers for QIB, NII, and retail categories in real-time.

  • Grey Market Premium (GMP): Get the latest GMP updates to gauge market sentiment. As of September 24, 2025, the GMP has not yet been updated.

  • Allotment and Listing Information: Find out the allotment status and track the share price once it is listed. The allotment is expected to be finalised on October 3, 2025.

  • Financial Data: Access detailed financial statements and key performance indicators.

  • Analyst Reviews: Read expert opinions and recommendations on whether to subscribe to the IPO.

Frequently Asked Questions (FAQs) about Glottis IPO

Q1: What are the key dates for the Glottis IPO?
The IPO is open from September 29 to October 1, 2025. The tentative listing date is October 7, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 120 to Rs 129 per share, with a minimum lot size of 114 shares.

Q3: What is the total issue size of the IPO?
The total IPO size is approximately Rs 307 crore, comprising a fresh issue of Rs 160 crore and an OFS of 1.14 crore shares.

Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, Kfin Technologies Ltd., after the allotment date, which is scheduled for October 3, 2025.

For the latest updates on the Glottis IPO, including subscription details, GMP, and listing information, keep visiting this page.

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