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Glottis IPO

Open 29th Sep 2025 · Close 1st Oct 2025 · Listing 7th Oct 2025

Price Band₹120.00–₹129.00
Live GMP₹0.00
Subscription2.12×
Issue Size₹307.00 Cr
Allotment3rd Oct 2025

At a glance

Updated 2026-08-24

Glottis is a Mainboard IPO with an issue size of ₹307.00 crore, proposed for listing on BSE, NSE. The offer opens on 29th Sep 2025 and closes on 1st Oct 2025. The issue structure includes a fresh issue of ₹160.00 crore and an offer-for-sale component of ₹147.00 crore. The current listing schedule points to 7th Oct 2025.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹307.00 Cr
Fresh issue₹160.00 Cr
Offer for sale₹147.00 Cr
Face value₹2
Price band₹120.00–₹129.00
Allotment3rd Oct 2025
Listing7th Oct 2025

Grey market

GMP page ↗
Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹129.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens29th Sep 2025
Closes1st Oct 2025
Allotment3rd Oct 2025
Refund6th Oct 2025
Demat6th Oct 2025
Listing7th Oct 2025

Subscription demand

Full bidding ↗
Total2.12×

Lot size

InvestorLotsSharesAmount
Minimum Bid1114₹14,706

Company

Use of proceeds

ObjectAmount
Funding of capital expenditure requirements of the Company towards purchase of commercial vehicles and containers₹132.54 Cr
General Corporate Purposes₹12.66 Cr
Issue Expenses₹28.39 Cr
Total₹173.60 Cr

31 Mar 2023

Assets72.08
Total Income478.77
EBITDA33.47
Profit After Tax22.44
NET Worth11.52
Reserves and Surplus10.52
Total Borrowing30.61

31 Mar 2024

Assets81.72
Total Income499.39
EBITDA40.36
Profit After Tax30.96
NET Worth42.35
Reserves and Surplus41.35
Total Borrowing8.08

31 Mar 2025

Assets156.10
Total Income942.55
EBITDA78.45
Profit After Tax56.14
NET Worth98.53
Reserves and Surplus82.53
Total Borrowing22.14
Trend chart₹ crore

KPIs

KPIMar 31, 2025
ROE56.98%
ROCE72.58%
Debt / Equity0.22%
RoNW56.98%
PAT Margin5.97%
EBITDA Margin8.34%
Price to Book Value10.47

Valuation & shareholding

Pre-IPO EPS7.02
Post-IPO EPS6.08
Pre-IPO P/E18.38
Post-IPO P/E21.23
Promoter holding pre98.98%
Promoter holding post74.23%
Market cap₹1192.00 Cr.

Issue expenses

ExpenseAmount
Funding of capital expenditure requirements of the Company towards purchase of commercial vehicles and containers₹132.54 Cr
General Corporate Purposes₹12.66 Cr
Issue Expenses₹28.39 Cr
Total₹173.60 Cr

Registrar & lead managers

Registrar

Kfin Technologies Ltd.

Lead managers

  • Pantomath Capital Advisors Pvt.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.