Glottis IPO Date, Review, Price, Allotment Details
Glottis IPO will open on September 29, 2025, and close on October 1, 2025. This is a Book Built Issue through which the company plans to raise about ₹307 crore, comprising a fresh issue of ₹160 crore and an offer for sale of up to 1,13,95,640 equity shares with a face value of ₹2 each.
The price band has been set at ₹120–₹129 per share. The allocation is 40% for retail investors, 30% for QIBs, and 30% for HNIs. The IPO is expected to list on both the BSE and NSE on October 7, 2025, with the share allotment scheduled for October 3, 2025.
For the financial year 2025, the company reported revenue of ₹942.55 crore, rising from ₹499.39 crore in 2024, and a profit of ₹56.14 crore, compared to ₹30.96 crore in 2024. Considering these financials, investors may view this IPO as a long-term investment opportunity.
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:
During 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.
Glottis IPO Details:
Face Value
₹2 Per Equity Share
Fresh Issue
Approx ₹160 Crores
Ipo Date
September 29, 2025
Issue Price
₹120 to ₹129
Issue Type
Book Built Issue
Listing At
BSE, NSE
Listing Date
October 7, 2025
Listing Day Close
--
Listing Day Gain
--
Lot Amount
14,706
Lot Size
1
Offer For Sale
Approx 1,13,95,640 Equity Shares
Price Band
₹120 to ₹129 Per Share
Profit Loss
--
Share Holding Post Issue
--
Share Holding Pre Issue
--
Total Issue Size
Approx ₹307 Crores
--
--
Glottis IPO Timeline (Tentative Schedule)
Basis Of Allotment
2025-10-03
Credit Of Shares To Demat
2025-10-06
Cut Off Time For Upi Mandate
2025-09-30T23:30:00.000Z
Initiation Of Refunds
2025-10-06
Ipo Close Date
2025-10-01
Ipo Open Date
2025-09-29
Listing Date
2025-10-07
Key Performance Indicator
KPI
Values
Debt Equity
0.22
P Bv
--
Pat Margin
5.97
Roce
72.58
Roe
56.98
Ronw
56.98
Objects of the Issue (Glottis IPO Objectives)
Funding of capital expenditure requirements of our Company towards purchase of commercial vehicles and containers; and
General Corporate Purpose
Glottis IPO Review (Apply)
Glottis IPO Company Financial Report (₹ in Crores)
Company Promoters
Upcoming IPO
SME IPO
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