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Logistics
Sub Sector: 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 multimodal capabilities across verticals to optimize the movement of goods across geographies including (i) ocean freight forwarding (project cargo load and full container load, import as well as export); (ii) air freight forwarding (import as well as export); (iii) road transportation; along with other ancillary services, including warehousing, storage, cargo handling, third-party 159 logistics (3PL) services and custom clearance, among others. Glottis have handled ~95,000 TEUs of imports during the Fiscal 2024.
KFin Technologies Limited
Glottis operates in Logistics and Integrated logistics service provider. The Issue would be listed on MainBoard. The registrar of the Issue is KFin Technologies Limited. The IPO type of Glottis is Book Building Process and Object of issue is
Merchant Banker of Glottis IPO is Pantomath Capital Advisors Private Limited
The DRHP (Draft Red Herring Prospectus) of Glottis IPO was filed on 08 Feb 2025.
No, Glottis IPO is not yet listed. See other upcoming MainBoard IPOs here.
The IPO open date and IPO close date of Glottis are not available now. You can apply in Glottis 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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