Glottis IPO Date, Review, Price, Allotment Details
Glottis IPO will open on September 29, 2025, and close on October 1, 2025. It is a Book Built Issue, through which the company plans to raise approximately ₹307.00 crores. The issue comprises a fresh issue of ₹160 crores and an offer for sale of up to 1,13,95,640 equity shares with a face value of ₹2 each.
The price band for the IPO is ₹120 to ₹129 per share, with the allocation divided as 40% for retail investors, 30% for QIBs, and 30% for HNIs. The allotment is expected on October 3, 2025, and the IPO will be listed on BSE and NSE on October 7, 2025.
Financially, the company has shown significant growth, with revenue rising from ₹499.39 crores in 2024 to ₹942.55 crores in 2025. Net profit increased from ₹30.96 crores in 2024 to ₹56.14 crores in 2025. Based on these strong financials, the IPO appears attractive for long-term investors.
Glottis IPO Details
IPO Open Date September 29, 2025 IPO Close Date October 1, 2025 Face Value ₹2 Per Equity Share IPO Price Band ₹120 to ₹129 Per Share Issue Size Approx ₹307 Crores Fresh Issue Approx ₹160 Crores Offer for Sale: Approx 1,13,95,640 Equity Shares Issue Type Book Built Issue IPO Listing BSE, NSE DRHP Draft Prospectus 
RHP Draft Prospectus
Glottis IPO Market Lot
The minimum market lot for the Glottis IPO is 114 shares, requiring an application amount of ₹14,706 (at the upper price band of ₹129). Retail investors can apply for up to 13 lots, which equals 1,482 shares with a total investment of ₹1,91,274.
Application Lot Size Shares Amount Retail Minimum 1 114 ₹14,706 Retail Maximum 13 – ₹- S-HNI Minimum 14 – ₹- S-HNI Maximum 67 – ₹- B-HNI Minimum 68 – ₹-
IPO Reservation
Investor Category Share Offered -% Shares Anchor Investor – Shares -% QIB (Ex. Anchor) – Shares 30% NII Shares Offered – Shares 30% Retail Shares Offered – Shares 40%
Glottis IPO Anchor Investors
Anchor Bidding Date September 26, 2025 Anchor Investors List Shares Offered [.] Shares Anchor Size [.] Cr. Lock-in period end date 50% shares (30 Days) October 29, 2025 Lock-in period end date 50% shares (90 Days) December 28, 2025
Glottis IPO Dates
The Glottis IPO opens on September 29 and closes on October 1. The allotment will be finalized on October 3, and the IPO is scheduled to list on October 7.
IPO Open Date: September 29, 2025 IPO Close Date: October 1, 2025 Basis of Allotment: October 3, 2025 Refunds: October 6, 2025 Credit to Demat Account: October 6, 2025 IPO Listing Date: October 7, 2025 IPO Bidding Cut-off Time: October 1, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company are Ramkumar Senthilvel and Kuttappan Manikandan.
Particular Shares % Share Promoter Holding Pre-Issue 8,00,00,000 98.98% Promoter Holding Post Issue – -%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores Funding of capital expenditure requirements of our Company towards the purchase of commercial vehicles and containers; and 132.54 General Corporate Purpose –
About Glottis IPO
To be updated soon
Glottis IPO Company Financial Report
Amount in Crores (₹)
Period Ended Revenue Expense PAT Assets 2023 ₹478.77 ₹445.45 ₹22.44 ₹72.08 2024 ₹499.39 ₹457.83 ₹30.96 ₹81.72 2025 ₹942.55 ₹866.68 ₹56.14 ₹156.10
Glottis IPO Valuation – FY2025
Check Glottis IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 56.98% ROCE: 72.58% EBITDA Margin: 8.34% PAT Margin: 5.97% Debt-to-equity ratio: 0.22 Earning Per Share (EPS): ₹7.02 (Basic) Price/Earnings (P/E) Ratio: N/A Return on Net Worth (RoNW): 56.98% Net Asset Value (NAV): ₹12.32
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Allcargo Logistics Limited 1.75 17.95 2.03% 24.65 16,021.53 Cr. Transport Corporation of India Limited 53.43 25.60 19.42% 279.65 4,491.78 Cr.
IPO Lead Managers aka Merchant Bankers
- Pantomath Capital Advisors Pvt. Ltd.
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: glottisltd.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Company Address
Glottis Ltd.
New No. 46, Old No. 311
1st Floor
Thambu Chetty Street
Chennai, Tamil Nadu, 600001
Phone: +91 444266 5587
Email: info@glottislogistics.in
Website: https://www.glottislogistics.in/