GLEN Industries Limited IPO
SME BSEListed On: Jul 15, 2025 at ₹ 157.0
₹ 232800 /2400 Shares
*Min Investment
08 Jul, 2025
Open Date10 Jul, 2025
Close Date11 Jul, 2025
Allotment Date15 Jul, 2025
Listing DateGLEN Industries IPO Issue Details
- Issue Price ₹92-97 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 64,96,800 shares(aggregating up to ₹63.02 crore)
- Fresh Share 64,96,800 shares(aggregating up to ₹63.02 crore)
- Listing at SME BSE
- List Price 157.0
- Listing Date 2025-07-15
- Lead Manager GYR Capital Advisors Private Limited
- Registrar Kfin Technologies Limited
Market Lot Size
Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2400 | ₹2,32,800 |
| Retail(max) | 2 | 2400 | ₹2,32,800 |
| NII (min) | 3 | 3,600 | ₹3,49,200 |
GLEN Industries IPO Reservation
GLEN Industries IPO offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (28.43%) | |
| Market Maker Shares Offered | NA (5.05%) | |
| QIB Shares Offered | NA (18.97%) | |
| NII (HNI) Shares Offered | 4,65,600 (14.26%) | |
| Retail Shares Offered | 10,86,400 (33.28%) | |
| Total Shares Offered | 32,64,000 (100%) |
GLEN Industries IPO Documents
GLEN Industries IPO Details
GLEN Industries Limited IPO is an SME IPO, priced at ₹92-97 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the SME BSE platform. The IPO comprises a total issue of 64,96,800 equity shares, aggregating up to ₹63.02 crores..
The IPO bidding window is open from Jul 8, 2025 to Jul 10, 2025. The allotment is expected to be finalized on Jul 11, 2025, and the tentative listing date is Jul 15, 2025.
The minimum lot size for retail investors is 2400 shares, with a minimum investment of ₹2,32,800. For HNIs, the minimum application size is 3 lots , amounting to ₹ 3,49,200.
GYR Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and
GLEN Industries IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 12,04,800 / 9,06,000 | 21,07,200 | 43,71,600 |
Day 1 08-07-25 06:00 PM | 0.00 / 2.19 x | 1.54 x | 1.39 x |
Day 2 09-07-25 06:00 PM | 1.62 / 14.21 x | 12.25 x | 11.19 x |
Day 3 10-07-25 06:00 PM | 192.46 / 476.25 x | 225.15 x | 260.28 x |
GLEN Industries Valuations
GLEN Industries Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 214.36 | 160.31 | 137.07 |
| Revenue | 171.28 | 145.22 | 119.59 |
| Profit After Tax | 18.27 | 8.58 | 1.49 |
| Net Worth | 40.21 | 26.65 | 18.07 |
| Reserves & Surplus | 40.80 | 39.16 | 30.67 |
| Total Borrowing | 132.83 | 88.83 | 81.65 |
About GLEN Industries Company
Established in 2007, Glen Industries Limited (GIL) is involved in the production of environmentally friendly food packaging and service items.
Thin-wall food containers and compostable straws are its specialties, with services provided to industries like Hotels, Restaurants, Cafés/Catering (HoReCa), the beverage sector, and food packing.
The company maintains a customer focus by fulfilling increasing demand through a new 90,000 sq. ft. Dhulagarh production facility that features state-of-the-art machines and experienced personnel for increased production and quality.
Products are exported to Europe, USA, Australia, the Middle East, and Africa, customer-specific according to local tastes. More than 25 consistent customers are a testimonial to the company's adherence to quality and consistency.
The company had 306 permanent employees as of May 31, 2025.
GLEN Industries - Promoter(s)
Mr. Lalit Agrawal
Mrs. Lata Agrawal
Mr. Nikhil Agrawal
Mrs. Niyati Seksaria
Pre Issue Share Holding : %
Post Issue Share Holding : %
GLEN Industries IPO - Issue Objectives
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
Contact Details
GLEN Industries
Rajveena, 2nd Floor, 50A, Block-C, New Alipore, Kolkata, West Bengal, 700053
+91 9831087598
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
GLEN Industries IPO - FAQs
Ans. GLEN Industries Limited IPO is a SME IPO. The issue is priced at ₹92-97 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jul 8, 2025, and closes on Jul 10, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on SME BSE.
Ans. The GLEN Industries Limited IPO opens on Jul 8, 2025 and closes on Jul 10, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of GLEN Industries Limited IPO is 64,96,800 shares(aggregating up to ₹63.02 Cr).
Ans. The GLEN Industries Limited IPO price band is set between ₹92-97 per equity share.
Ans. To apply for GLEN Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find GLEN Industries Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of GLEN Industries Limited IPO is Jul 11, 2025.
Ans. The GLEN Industries Limited IPO will be listed on Jul 15, 2025.
Ans. Follow the steps to check the GLEN Industries Limited IPO allotment status online.
