
Glottis Limited
Mainboard₹14,706 / 114 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 01 Oct 2025, 06:55 PM |
| QIBs | 1.84 times |
| NII | 3.08 times |
| Retail | 1.47 times |
| Total | 2.12 times |
Glottis Limited IPO Details
The Glottis Limited IPO price band is set between ₹120-129 per equity share, with a face value of ₹2 per share. The issue is managed by Kfin Technologies Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 29 Sep, 2025 and closes on 1 Oct, 2025. Investors can check the allotment status on 3 Oct, 2025, while the listing date is tentatively scheduled for 7 Oct, 2025.
The total issue size is 2,37,98,740 shares, aggregating up to ₹307 crore. Stay tuned for the latest Glottis Limited IPO review and GMP updates.
Glottis Limited IPO Review, Rating & Analysis
Glottis Limited IPO Review
NO REVIEWGlottis Limited IPO Rating
Glottis Limited IPO Highlights
IPO Date
Sep 29, 2025 - Oct 1, 2025
Listing Date
7 Oct, 2025
Face Value
₹2 Per Equity Share
Price Band
₹120-129 per equity share
Lot Size
114 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Glottis Limited IPO Lot Size
The minimum market lot for Glottis Limited IPO is 114 shares with an application amount of ₹14,706. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| 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 | 7752 | ₹10,00,008 |
Glottis Limited IPO Timeline
Issue Price
₹120-129 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LtdLead Manager
Pantomath Capital Advisors Pvt LtdIssue Size
2,37,98,740 shares(aggregating up to ₹307 crore)Glottis Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 156.10 | 942.55 | 56.14 | 98.53 | 82.53 | 22.14 |
| 31 Mar 24 | 81.72 | 499.39 | 30.96 | 42.35 | 41.35 | 8.08 |
| 31 Mar 23 | 72.08 | 478.77 | 22.44 | 11.52 | 10.52 | 30.61 |
All values are in ₹ Cr.
Glottis Limited IPO Valuations
EPS Pre IPO
₹7.02/-EPS Post IPO
₹6.08/-PE Pre IPO
18.38PE Post IPO
21.23ROE
56.98%ROCE
72.58%Debt Equity
0.22RoNW
56.98%PAT Margin
5.97%Price to Book Value
10.47Promoters & Share Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Established in June 2024, Glottis Limited specializes in logistics solutions across complete transportation services by ocean, air, and land logistics.
The organization is engaged in end-to-end multimodal logistics solutions across different industries, ensuring the most efficient movement of goods between regions. Our portfolio comprises:
Ocean freight forwarding, involving project cargo volumes as well as full container loads both import and export
Air freight forwarding both import and export
Road transport
Ancillary operations like warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearanceGlottis Limited processed about 95,000 TEUs of imports through ocean freight during Fiscal Year 2024.
The company has a presence in India as of Feb 2025 by way of 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin, and registered and corporate offices in Chennai, spread over major transportation hubs.The products of the company have been exported to the nations like Europe, North America, South America, Africa, Middle East and Asia.During the six months ended September 2024 and Fiscals 2024, 2023, and 2022, the company has served 1,246, 1,662, 1,513, and 1,476 customers in 119, 100, 87, and 85 countries, respectively.
As of January 10, 2025, the company has 171 foreign agents, 98 shipping lines, 52 transporters, 43 customs house agents, 22 airlines, and 20 consol agents, established based on long-term relationships.As of January 10, 2025, the company possesses 17 commercial vehicles. Our large vehicle and agency network enables us to expand with growing demand and capture large business opportunities.
Glottis Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 28,55,867 | 71,39,622 47,59,748 23,79,874 | 95,19,496 | 1,95,14,985 |
Day 129-09-25 05:00 PM | 1.76 x | 0.17 0.19 x 0.12 x | 0.23 x | 0.43 x |
Day 230-09-25 05:00 PM | 1.76 x | 1.12 1.51 x 0.35 x | 0.60 x | 0.96 x |
Day 301-10-25 05:00 PM | 1.84 x | 3.08 3.77 x 1.71 x | 1.47 x | 2.12 x |
Retail:1.24x
BHNI:0.70x
SHNI:1.57x
Glottis Limited IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Funding of capital expenditure requirements of the company towards the purchase of commercial vehicles and containers | - |
| General Corporate Purposes. | - |
Company Contact Details
Glottis Limited
New No. 46, Old No. 311, 1st Floor, Thambu Chetty Street, Chennai - 600001, Chennai, Tamil NaduRegistrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: glottisltd.ipo@kfintech.com
Frequently Asked Questions about Glottis Limited IPO
When will Glottis Limited IPO open for subscription?
The Glottis Limited IPO opens on 29 Sep, 2025 and closes on 1 Oct, 2025.
What is the investors portion for Glottis Limited IPO?
The investors' portion for QIB is 1.84 x, NII is 3.77 x, and Retail is 1.47 x.
How to apply for Glottis Limited IPO?
You can apply for Glottis Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Glottis Limited IPO?
The issue size of Glottis Limited IPO is approx ₹2,37,98,740 shares(aggregating up to ₹307 crore) crores.
What is the price band of Glottis Limited IPO?
The price band for Glottis Limited IPO is ₹120 to ₹129 per equity share.
What is the lot size of Glottis Limited IPO?
The minimum bid (lot size) for Glottis Limited IPO is N/A shares with an investment of approx ₹14,706 .
What is the allotment date of Glottis Limited IPO?
The allotment date for Glottis Limited IPO is 3 Oct, 2025.
What is the listing date of Glottis Limited IPO?
The listing date for Glottis Limited IPO is expected to be 7 Oct, 2025.
What is the GMP of Glottis Limited IPO?
The latest Grey Market Premium (GMP) for Glottis Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
