247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Glen Industries Limited

Kolkata

Date of DRHP : 30 Dec 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Glen Industries Basic Details

   Packaging & Disposables

Sub Sector: Manufacturing of Food packaging and Service

Exchange:
BSE Emerge

About the Company

Glen Industries Limited is engaged in the manufacturing of diverse range of Food packaging and Service Products primarily Thin Wall Food Containers, Polylactic Acid (PLA) Straws and Paper Straws all mainly supplied to the Hotel, Restaurant, and Café/Catering (HoReCa) sector, Beverage industry and food packaging industry. Their extensive product lineup, available in various shapes and sizes, is widely favored by sectors such as the HoReCa industry, Quick Service Restaurants (QSR), the food, beverage and dairy industry, etc. The Company was originally incorporated as “Glen Stationery Private Limited” for manufacturing all kinds of stationery and printing materials. In the year 2019 their Company commenced manufacturing operation of Thin Wall Food Containers with a production
capacity of 195 MT/month and with constant expansion and up-gradation of technology, their capacity currently stands at 665 MT/month running at its maximum capacity. Company also diversified into manufacturing paper straws and PLA straws in the year 2019 with a modest capacity of 21.75 MT/month and 40.60 MT/month respectively. In the year 2022 their company ventured into manufacturing of U shape straws for the beverage and dairy industry made from Paper and PLA. Present capacity of the PLA straws stands at 160 MT/month and for the paper straws capacity stands at 95 MT/month. The Company reaffirming its dedication to meeting the escalating domestic and international demand with the unveiling of an ambitious project—an advanced manufacturing facility in Dhulagarh, Howrah, West Bengal spanning nearly 90,000 square feet, this facility is poised to be a key asset, empowering the company to elevate its production capacity and fortify its competitive advantage. Their production facility is fully equipped with micro-processor controlled.

Financial Summary (Annualised Basis)

Revenue :
174.64 Cr.

PAT :
20.92 Cr.

Glen Industries IPO Lead Manager(s)

GYR Capital Advisors Private Limited

Glen Industries IPO Registrar

KFin Technologies Limited

Glen Industries DRHP Details

Objects of issue

  • For Setting up a new manufacturing facility at Purba Bardhaman, PS – Jamalpur, Gram Panchayat: Jougram, Mouza – Jaugram, JL no 114, West Bengal 713166
  • General Corporate Purpose

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FAQs

Glen Industries operates in Packaging & Disposables and Manufacturing of Food packaging and Service. The Issue would be listed on SME. The registrar of the Issue is KFin Technologies Limited. The IPO type of Glen Industries is Book Building Process and Object of issue is

  • For Setting up a new manufacturing facility at Purba Bardhaman, PS – Jamalpur, Gram Panchayat: Jougram, Mouza – Jaugram, JL no 114, West Bengal 713166
  • General Corporate Purpose

The DRHP (Draft Red Herring Prospectus) of Glen Industries IPO was filed on 30 Dec 2024.

No, Glen Industries IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Glen Industries are not available now. You can apply in Glen Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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