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Glottis Ltd

Glottis Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹129
₹129
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹129
Based on GMP
Min. Investment
₹14,706
1 lot × 114 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
29 Sep 2025
Close Date
01 Oct 2025
Allotment
03 Oct 2025
Listing Date
07 Oct 2025
Exchange
NSE & BSE
Price Band
₹129
Listing Price
See chart
Allotment Status
Price Band
₹129
Per share
Face Value
₹2 per share
 
Lot Size
114 Shares
per lot
Issue Size
2,37,98,740 shares (aggregating up to ₹307.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,706
1 lot
Pre-IPO Holding
8,00,00,000 shares
Promoters
Post-IPO Holding
9,24,03,100 shares
Promoters
P/E (Pre)
18.38x
 
P/E (Post)
21.23x
 
EPS (Pre)
₹7.02
 
EPS (Post)
₹6.08
 
UPI Deadline
2025-10-01
Mandate
Anchor AllotmentSun, 28 Sep 2025
Basis of AllotmentFri, 03 Oct 2025
Refund InitiationMon, 06 Oct 2025
Demat CreditMon, 06 Oct 2025
Listing DayTue, 07 Oct 2025
UPI Mandate Deadline2025-10-01
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,24,03,100 shares (aggregating up to ₹160.00 Cr)
Offer for Sale1,13,95,640 shares of ₹2 (aggregating up to ₹147.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Glottis Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Oct 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
100% ₹307.00
Lot Size & Investment
Lot Size
114
Shares per Lot
Issue Price
₹129.00
Upper Band
Min Investment
₹14,706
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2228₹29,412
Retail (Max — 13 Lots)131,482₹191,178
S-HNI (Min — 14 Lots)141,596₹205,884
B-HNI (Min — 68 Lots)687,752₹1,000,008
* Issue Price ₹129 × Lot Size 114 shares
IPO Schedule
Anchor
28 Sep 2025
✓ Done
IPO Open
29 Sep 2025
✓ Done
IPO Close
01 Oct 2025
✓ Done
Allotment
03 Oct 2025
✓ Done
Refunds
06 Oct 2025
✓ Done
Demat Credit
06 Oct 2025
✓ Done
Listing Day
07 Oct 2025
✓ Done
Glottis Ltd — Live Price LIVE
₹129.00
INR · BSE
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Issue ₹129.00 Live Price
About Glottis Ltd
Incorporated in June 2024, Glottis Limited is a logistics solutions company that offers comprehensive transportation services through ocean, air, and road logistics.The company provides end-to-end logistics solutions with multimodal capabilities across various sectors, optimizing the movement of goods across different regions. Our services include:Ocean freight forwarding, including project cargo loads and full container loads for both import and exportAir freight forwarding for both import and exportRoad transportationAncillary services such as warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearanceDuring Fiscal Year 2024, Glottis Limited handled approximately 95,000 TEUs of imports via ocean freight. As of Feb 2025, the company operates in India through 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin, with registered and corporate offices in Chennai, covering major transportation hubs.The company has exported its products to the countries such as Europe, North America, South America, Africa, Middle East and Asia.For the six months ended September 2024 and for Fiscals 2024, 2023, and 2022, the company served 1,246, 1,662, 1,513, and 1,476 customers across 119, 100, 87, and 85 countries, respectively.As of January 10, 2025, the company had a network of 171 overseas agents, 98 shipping lines, 52 transporters, 43 customs house agents, 22 airlines, and 20 consol agents, built on longstanding relationships.As of January 10, 2025, the company owns 17 commercial vehicles. Our extensive vehicle and agency network allows us to scale with increasing demand and seize large business opportunities.Competitive StrengthOne of the leading freight forwarding players operating in the Renewable Energy IndustryWide network of Intermediaries coupled with optimum utilisation of our asset portfolio.Scaled multimodal logistics operations with capabilities of handling diverse projects.Longstanding relationship with a diverse set of customers across industries.Widespread international presence.Skilled and experienced management team with relevant industry experience.
Objects of the Issue
1
Funding of capital expenditure requirements of our Company towards purchase of commercial vehicles and containers; and
2
General Corporate Purposes
Glottis Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹478.8
31 Mar 2023
₹499.4
31 Mar 2024
₹942.6
31 Mar 2025
Profit After Tax (PAT)
₹22.4
31 Mar 2023
₹31.0
31 Mar 2024
₹56.1
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 942.55 499.39 478.77
EBITDA 78.45 40.36 33.47
Profit After Tax (PAT) 56.14 30.96 22.44
Net Worth 98.53 42.35 11.52
Total Assets 156.10 81.72 72.08
Reserves & Surplus 82.53 41.35 10.52
Borrowings 22.14 8.08 30.61
EBITDA Margin (%) 8.34%
PAT Margin (%) 5.97%
P/BV Ratio
10.47
RoE
56.98%
RoCE
72.58%
RoNW
56.98%
PAT Margin
5.97%
EBITDA Margin
8.34%
Debt/Equity
0.22
Issue Structure & Shareholding
Total Shares OfferedN/A
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding8,00,00,000 shares
Post-Issue Promoter Holding9,24,03,100 shares
P/BV Ratio10.47
RoE56.98%
RoCE72.58%
Debt / Equity0.22
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Glottis Ltd IPO subscribed?

Glottis Ltd IPO is subscribed 1.00 times by Oct 01, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Glottis Ltd IPO retail subscription status?

The Glottis Ltd IPO retail category is subscribed 1.00 times as of 01 Oct 2025. The retail portion is oversubscribed.

How to subscribe Glottis Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 29 Sep 2025 and closes 01 Oct 2025. Min investment: ₹14,706 (1 lot = 114 shares). UPI mandate: 2025-10-01.

How many times Glottis Ltd IPO subscribed?

The Glottis Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Glottis Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Oct 2025. Refunds: on 06 Oct 2025.

When Glottis Ltd IPO will be listed?

The Glottis Ltd IPO listing date is 07 Oct 2025, Tuesday. Listed on: NSE & BSE. Issue price: ₹129. Estimated listing: ₹129. GMP: NIL.

When Glottis Ltd IPO close?

The Glottis Ltd IPO closes on 01 Oct 2025, Wednesday. UPI mandate: 2025-10-01. Allotment: 03 Oct 2025. Listing: 07 Oct 2025.