Glottis IPO
Glottis IPO
Overview
Glottis IPO is a book build issue of ₹307.00 crores. The issue is a combination of fresh issue of 1.24 crore shares aggregating to ₹160.00 crores and offer for sale of 1.14 crore shares aggregating to ₹147.00 crores. Glottis IPO opens for subscription on Sep 29, 2025 and closes on Oct 1, 2025. The allotment for the Glottis IPO is expected to be finalized on Oct 3, 2025. Glottis IPO will list on BSE, NSE with a tentative listing date fixed as Oct 7, 2025. Glottis IPO price band is set at ₹120.00 to ₹129.00 per share . The lot size for an application is 114. The minimum amount of investment required by an retail is ₹14,706 (114 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,596 shares), amounting to ₹2,05,884, and for bNII, it is 68 lots (7,752 shares), amounting to ₹10,00,008. Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
2,37,98,740
Issue Size
₹307.00 Cr
Price Band
₹120 – ₹129
Lot Size
114 shares
Min. Investment
₹14,706
Max. Investment
₹1,91,178
Open Date
29 Sep, 2025
Close Date
01 Oct, 2025
Allotment
03 Oct, 2025
Listing
07 Oct, 2025
Max. Investment
₹1,91,178
Announced
29 Sep, 2025
Opening Date
29 Sep, 2025
Closing Date
01 Oct, 2025
Basis of Allotment
03 Oct, 2025
Initiation of Refunds
06 Oct, 2025
Credit of Shares
06 Oct, 2025
Listing Date
07 Oct, 2025
Live GMP
Est. Listing: ₹134
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About Glottis IPO
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 export
- Air freight
Glottis IPO Share Price
Issue Breakdown
Shareholding
Dilution: 15.5% increase in shares
Glottis IPO Promoters Holding
Glottis IPO Financial Health
Glottis Ltd.'s revenue increased by 89% and profit after tax (PAT) rose by 81% between the financial year ending with March 31, 2025 and March 31, 2024.
Glottis IPO Lot Size
Investors can bid for a minimum of 114 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 114 | ₹14,706 |
| Retail (Max) | 13 | 1482 | ₹1,91,178 |
| S-HNI (Min) | 14 | 1596 | ₹2,05,884 |
| S-HNI (Max) | 67 | 7638 | ₹9,85,302 |
| B-HNI (Min) | 68 | 7754 | ₹10,00,266 |
(All values in CR)
Glottis IPO Valuations
The market capitalization of Glottis IPO is ₹1192.00 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 56.98 |
| ROCE | 72.58 |
| Debt/Equity | 0.22 |
| RoNW | 56.98 |
| PAT Margin | 5.97 |
| EBITDA Margin | 8.34 |
| Price to Book Value | 10.47 |
(All values in CR)
Glottis IPO Strength & Risk
Glottis IPO Strength:
Offers integrated multimodal logistics services including ocean freight, inland transport, warehousing, and customs clearance.
Specializes in handling complex and fragile cargo for the renewable energy sector.
Operates on an asset-light model, using intermediaries efficiently.
Has a global presence across multiple countries.
Serves a diversified clientele across renewable energy, chemicals, and FMCG sectors.
Demonstrates consistent revenue and profit growth with low debt.
Glottis IPO Risk:
Heavy reliance on the renewable energy sector may impact revenue stability.
Exposure to global shipping and freight rate volatility.
Operational risks due to reliance on third-party intermediaries and limited warehousing.
Significant revenue dependence on a few large clients.
IPO success is sensitive to market sentiment and subscription levels.
Glottis IPO Subscriptions Status
Glottis IPO subscribed 2.12 times. The public issue subscribed 1.47 times in the retail category, 1.84 times in QIB (Ex Anchor), and 3.08 times in the NII category by October 1, 2025 4:59:48 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 42,83,755 | 42,83,755 | 55.26 |
| QIB (Ex Anchor) | 1.84 | 28,55,867 | 52,62,240 | 67.883 |
| Non-Institutional Buyers | 3.08 | 71,39,622 | 2,19,96,984 | 283.761 |
| bNII (bids above ₹10L) | 3.77 | 47,59,748 | 1,79,42,004 | 231.452 |
| sNII (bids below ₹10L) | 1.70 | 23,79,874 | 40,54,980 | 52.309 |
| Retail | 1.47 | 95,19,496 | 1,40,18,694 | 180.841 |
| Total | 2.12 | 1,95,14,985 | 4,12,77,918 | 532.485 |
Glottis IPO GMP
Glottis IPO last GMP is ₹5, last updated Oct 1st 2025 04:00 PM. With the price band of 129.00, Glottis IPO's estimated listing price is ₹134 (cap price + today's GMP).The expected percentage gain/loss per share is 3.88%. >> Glottis IPO Retail Subject to Sauda: ₹400 >> Glottis IPO Small HNI Subject to Sauda: ₹5600 The lowest GMP is ₹0.00, while the highest GMP is ₹20.00.
Last updated 01 Oct, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 01 Oct, 2025 | 129 | ₹5 | 400/5600 | ₹134 (3.88%) | 570 | 01 Oct, 2025 |
| 30 Sep, 2025 | 129 | ₹5▼ | 400/5600 | ₹134 (3.88%) | 570 | 30 Sep, 2025 |
| 29 Sep, 2025 | 129 | ₹20▲ | 1700/23800 | ₹149 (15.50%) | 2280 | 29 Sep, 2025 |
| 28 Sep, 2025 | 129 | ₹12 | 1000/14000 | ₹141 (9.30%) | 1368 | 28 Sep, 2025 |
| 27 Sep, 2025 | 129 | ₹12▼ | 1000/14000 | ₹141 (9.30%) | 1368 | 27 Sep, 2025 |
| 26 Sep, 2025 | 129 | ₹15 | 1300/18200 | ₹144 (11.63%) | 1710 | 26 Sep, 2025 |
| 25 Sep, 2025 | 129 | ₹15▲ | 1300/18200 | ₹144 (11.63%) | 1710 | 25 Sep, 2025 |
| 24 Sep, 2025 | 129 | ₹0 | - | ₹129 (0.00%) | - | 24 Sep, 2025 |
| 23 Sep, 2025 | 129 | ₹0 | - | ₹ (%) | - | 23 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Glottis IPO
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Go to IPO Section
Find Glottis IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.