214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Glottis IPO (Glottis Limited IPO) Detail

Glottis IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 307.00 Cr. The company is based in Chennai and caters to Logistics sector. Pantomath Capital Advisors is the merchant banker of Glottis IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th February 2025. Glottis IPO open date is 29th September 2025 and close date is 1st October 2025. IPO Allotment Date is 3rd October 2025 and Listing date is 7th October 2025.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Glottis IPO Date

Date of DRHP:
8th February 2025
IPO Open Date:
29th September 2025
IPO Close Date:
1st October 2025
IPO Allotment Date:
3rd October 2025
Initiation of Refund:
6th October 2025
IPO Listing Date:
7th October 2025

Glottis Limited IPO Info, Size, Subscription

Glottis IPO size is ₹ 307.00 Cr. with IPO price of ₹ 129.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 307.00 Cr.

Issue Price:
₹ 129.00

Market Capitalisation :
₹ 1,192.00 Cr.

PE multiple :
21.23

Subscription :
2.12 times

Pre Issue Promoter Holding :
98.98 %

Post Issue Promoter Holding :
[●]

Glottis IPO Information

Sub Sector : Multi-modal, integrated logistics service provider
Glottis is a leading multi-modal, integrated logistics service provider with a specialized focus on the energy supply chain solutions. India has a solar potential of 749 GW, assuming that solar PV modules cover 3% of the waste land area. Comparatively, India had an installed cumulative capacity of 82 GW of as on March 2024. Glottis has been instrumental in ocean haulage / freight movement of 13.8GW (cumulative) as on March 2024, indicating 16.83% of the total installed solar capacity. Glottis has supported in shipment of ~6GW solar panels in FY24 which attributes to ~40% of the installed solar capacity in FY24 (15GW solar capacity installed in FY24). India aims to create Solar power capacity of 280 GW by 2030. Glottis delivers end-to-end logistics solutions with
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Object of Issue (Glottis Limited IPO Objectives)

Particulars Amount
Funding of capital expenditure requirements of their Company towards purchase of goods transportation vehicles; 132.54
General corporate purposes [●]

Pantomath Capital Advisors Private Limited is the book-running lead manager of the Glottis IPO. Kfin Technologies Limited is the Registrar for Glottis IPO.

Glottis Limited IPO Registrar (RTA)

Kfin Technologies Limited

Glottis Limited IPO Lead Manager (BRLM)

Pantomath Capital Advisors Private Limited

Glottis IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Glottis IPO?

Glottis IPO, based in Chennai, operates in the   Logistics sector with a focus on Multi-modal, integrated logistics service provider. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Glottis IPO size is ₹ 307.00 Cr. with fresh issue size of ₹ 160 Cr. and Offer for sale being ₹ 147.00 Cr.

When is Glottis Limited IPO allotment?

The IPO allotment date for Glottis IPO is expected to be 3rd October 2025, after the finalization of basis of allotment. Investors can check Glottis IPO allotment status on the registrars website, Kfin Technologies Limited . Glottis IPO refund dates are 6th October 2025.

When is Glottis IPO listing date?

Glottis IPO is expected to be listed on 7th October 2025.

What is the price band for Glottis Limited IPO?

The upper price band for the Glottis IPO is set at ₹ 129.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Glottis IPO Review?

For IPO analysis on Glottis IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Glottis IPO?

To apply for the Glottis IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st October 2025. After submission, funds are blocked until the basis of allotment of Glottis IPO is finalised.

Who is the merchant banker of Glottis Limited IPO?

The merchant banker for Glottis IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Glottis IPO RHP for further details.

Who is the Registrar of Glottis IPO?

The registrar for Glottis IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Glottis IPO through their official website or helpline.

What is the Glottis IPO subscription?

Glottis IPO was subscribed 2.12 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

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Read more details of this IPO

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FAQs

Glottis IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Glottis Financial Review Page

Glottis IPO subscription was 2.12 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Glottis IPO listed at a listing price of 84.00 against the offer price of 129.00.

The current market price of Glottis is 82.75.

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