Glottis Ltd IPO
Price Range
₹120 - ₹129
-
Min. Quantity
114 Shares
Closes on
1 October 2025
-
Min. investment
₹14,706
Glottis Ltd IPO Timeline
| Event | Date |
|---|---|
| Glottis Ltd IPO Opening Date | 29 September 2025 |
| Glottis Ltd IPO Closing Date | 1 October 2025 |
| Basis of Allotment | 3 October 2025 |
| Initiation of Refunds | 6 October 2025 |
| Credit of Shares to Demat | 6 October 2025 |
| Glottis Ltd IPO Listing Date | 7 October 2025 |
Glottis Ltd IPO Details
| Glottis Ltd IPO Date | 29 September 2025 to 1 October 2025 |
| Glottis Ltd IPO Face Value | ₹2 per share |
| Glottis Ltd IPO Price | ₹120 to ₹129 per share |
| Glottis Ltd IPO Lot Size | 114 |
| Issue Size | Shares of ₹2 (aggregating up to ₹307 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹160 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹147 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 28,13,652 of the Net Offer |
| Retail Shares Offered | Not less than 98,91,587 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 74,18,690 of the Net Offer |
| Company Promoters | Ramkumar Senthilvel, Kuttappan Manikandan |
Glottis Ltd IPO Lot Size
The Glottis Ltd IPO lot size is 114 shares. A retail-individual investor can apply for up to 13 lots (1,482 shares or ₹1,91,178).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 114 | ₹14,706 |
| Maximum | 13 | 1,482 | ₹1,91,178 |
- Strengths
- Risks
- Opportunities
- Glottis delivers end-to-end logistics solutions with multimodal capabilities across verticals to optimize the movement of goods across geographies.
- One of the leading freight forwarding player operating in the Renewable Energy Industry.
- Wide network of Intermediaries coupled with optimum utilisation of our asset portfolio.
- Scaled multimodal logistics operations with capabilities of handling diverse projects.
- Longstanding relationship with diverse set of customers across industries.
- Widespread international presence.
- Financial growth backed by demonstrable performance metrics.
- Skilled and experienced management team with relevant industry experience.
Company Financials
Glottis Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 156.1 | 942.55 | 56.14 |
| 03-2024 | 85.17 | 499.62 | 31.53 |
| 03-2023 | 71.98 | 479.06 | 22.57 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure requirements of the company towards purchase of commercial vehicles and containers
- General corporate purposes
Glottis Ltd IPO Promoter Holding
| Pre Issue Share Holding | 49.49% |
| Post Issue Share Holding | 36.68% |
Glottis Ltd IPO Subscription Status (Bidding Detail)
The Glottis Ltd IPO is subscribed 2.05 times on 1 October 2025 05:00:00 PM. The public issue subscribed 1.4182 times in the retail category, 1.8703 times in the QIB category, and 2.9659 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.8703 | 2.9659 | 1.4182 | - | 2.05 |
Glottis Ltd IPO Prospectus
Glottis Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE, NSE |
| ISIN | INE0TQE01026 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
New No.46 Old No.311 1st FlrThambu Cheety Street,Chennai-600001
Phone: +91 44 4266 5587/2525 0222
Email: info@glottislogistics.in
Website: www.glottislogistics.in
Glottis Ltd IPO Registrar
Glottis Ltd IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd
How to Check the Allotment Status of Glottis Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Glottis Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Glottis Ltd IPO
Glottis Limited was originally formed as a Partnership Firm named M/s Glottis' pursuant to a Deed of Partnership dated June 24, 2004. Subsequently, the Partnership Firm was converted into a Private Limited Company pursuant to a Certificate of Incorporation dated April 18, 2022, issued by the Deputy Registrar of Companies, Central Registration Centre and Company got incorporated as Glottis Private Limited'. The status of the Company converted into a Public Limited Company dated May 14, 2024 and the name was changed to Glottis Limited'.
FAQ
What is the issue size of Glottis Ltd IPO?
I have pre-applied for Glottis Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.