GLEN Industries IPO
GLEN Industries is SME BSE IPO listed on the SME BSE platform, priced at ₹92–₹97 per share. The stock debuted at ₹157, delivering a listing gain of 61.9%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,16,400.
GLEN Industries Limited IPO
- IPO Dates
- Jul 8, 2025 – Jul 10, 2025
- Price band
- ₹92-97 per equity share
- Minimum Investment
- ₹1,16,400
- Issue size
- ₹63.02 Cr
- Lot size
- 1200
- Allotment Date
- Jul 11, 2025
- Listing
- Jul 15, 2025
- Listing At
- SME BSE
IPO timeline
-
Jul 8, 2025
Open Date
Completed
-
Jul 10, 2025
Close Date
Completed
-
Jul 11, 2025
Allotment Date
Completed
-
Jul 15, 2025
Listing Date
Completed
GLEN Industries IPO Essentials
GLEN Industries IPO Details
GLEN Industries IPO is priced at ₹92-97 per share with a total issue size of 63.02 crore. The IPO has a lot size of 1200 shares and is listed on SME BSE.
- Issue price
- ₹92-97 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 64,96,800 shares(aggregating up to ₹63.02 Cr)
- Total issue size
- 64,96,800 shares
(aggregating up to ₹63.02 crore) - Fresh issue
- 64,96,800 shares
(aggregating up to ₹63.02 crore) - Listing at
- SME BSE
- List price
- 157.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
GYR Capital Advisors Private 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 Documents
GLEN Industries IPO Reservation
GLEN Industries IPO reservation details show category-wise allocation of shares. Out of the total 32,64,000 shares, approximately 18.97% are reserved for QIB, 14.26% for NII, 33.28% for retail investors, 5.05% for market maker, and 28.43% for 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 Analytics
GLEN Industries IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
GLEN Industries IPO Subscription Status
GLEN Industries IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹10.40/-
- EPS Post IPO
- ₹7.59/-
- P/E Pre IPO
- 9.33
- P/E Post IPO
- 12.78
Returns
- ROCE
- 16.94%
- RoNW
- 45.43%
- PAT Margin
- 10.70%
Fundamentals
- Debt / Equity
- 2.28
- Price / Book
- 0.22
GLEN Industries Financials( In Crs.)
| 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 |
GLEN Industries Company & Offer Insights
About GLEN Industries
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 are the company's promoters of GLEN Industries.
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 Information
Contact Details
GLEN Industries
+91 9831087598
Rajveena, 2nd Floor, 50A, Block-C, New Alipore, Kolkata, West Bengal, 700053
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
GLEN Industries IPO is a book-built IPO worth ₹63.02 crore. The price band is ₹92–₹97 per share. The IPO opens on Jul 8, 2025 and closes on Jul 10, 2025. It will be listed on SME BSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of GLEN Industries IPO is ₹92 to ₹97 per share.
The lot size of GLEN Industries IPO is 1200 shares.
The minimum investment for GLEN Industries IPO is approximately ₹1,16,400 based on the upper price band .
GLEN Industries IPO opens on Jul 8, 2025 and closes on Jul 10, 2025.
The allotment date of GLEN Industries IPO is Jul 11, 2025.
GLEN Industries IPO is expected to be listed on Jul 15, 2025, on SME BSE SME Platform.
GLEN Industries IPO valuation snapshot: P/E 12.78, EPS ₹7.59/-, P/B 0.22, RoNW 45.43%, and market cap N/A.
To apply for GLEN Industries IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of GLEN Industries IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for GLEN Industries IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check GLEN Industries IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the GLEN Industries IPO allotment status on IPO Ji for quick and easy access.