GLEN Industries Limited IPO
SME BSE Allotment OutOffer Date: Jul 8, 2025 - Jul 10, 2025
Exp. Premium: 40-43 (41.24%)
₹ 116400 /1200 Shares
Check Allotment*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
08 Jul, 2025
Open Date10 Jul, 2025
Close Date11 Jul, 2025
Allotment Date15 Jul, 2025
Listing DateIssue Price
₹92-97 per equity shareFace Value
₹10 Per Equity ShareListing at Group
SME BSERegistrar
Kfin Technologies LimitedMarket Lot
Individual(Retail)(Min) : 2400 Shares (₹232,800/-)Individual(Retail)(Max) : 2400 Shares (₹232,800/-)
HNI(Min) : 3600 Shares (₹349,200/-)
Lead Manager
GYR Capital Advisors Private LimitedIssue Size
64,96,800 shares(aggregating up to ₹63.02 Cr)Retail Portion
35%Subscription
260.28 timesIPO Docs
DRHPGLEN 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 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
EPS Pre IPO
₹10.40/-EPS Post IPO
₹7.59/-P/E Pre IPO
9.33P/E Post IPO
12.78ROE
%ROCE
16.94%Debt/Equity
2.28RoNW
45.43%PAT Margin
10.70%Price to Book Value
0.22GLEN Industries Company Financials All values are in ₹ Cr.
| 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 The 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)
Pre Issue Share Holding: %
Post Issue Share Holding: %
- Mr. Lalit Agrawal
- Mrs. Lata Agrawal
- Mr. Nikhil Agrawal
- Mrs. Niyati Seksaria
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
Other Details
GLEN Industries
Rajveena, 2nd Floor, 50A, Block-C, New Alipore, Kolkata, West Bengal, 700053Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: gil.ipo@kfintech.com
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. The size of GLEN Industries Limited IPO is 64,96,800 shares(aggregating up to ₹63.02 Cr).
Ans. The IPO price band is set between ₹92-97 per equity share.
Ans. To apply for GLEN Industries Limited IPO 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 allotment status for GLEN Industries Limited IPO here.
