Glottis Limited IPO
MainboardLogistics Solution Provider
Listed On: Oct 7, 2025 at ₹ 84.0(NSE)
₹ 14706 /114 Shares
Check Allotment29 Sep, 2025
Open Date01 Oct, 2025
Close Date03 Oct, 2025
Allotment Date07 Oct, 2025
Listing DatePrice Summary
Last Closing
73.52 (-43.01%)52 Week High
93.0052 Week Low
68.06Last Update
13-Nov-2025 3:30 PMGlottis Limited IPO Live Subscription Details
View Subscription DetailsGlottis Limited IPO Issue Details
- Issue Price ₹120-129 per equity share
- Face Value ₹2 Per Equity Share
- Total Issue Size 2,37,98,740 shares(aggregating up to ₹307 crore)
- Fresh Share 1,24,03,100 shares(aggregating up to ₹160 crore)
- Offer For Sale 1,13,95,640 shares(aggregating up to ₹147 crore)
- Listing at BSE, NSE
- List Price 84.0(NSE)
- Listing Date 2025-10-07
- Lead Manager Pantomath Capital Advisors Pvt Ltd
- Registrar Kfin Technologies Ltd
Market Lot Size
Investors can bid for a minimum of 114 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) | 1 | 114 | ₹14,706 |
| Retail(max) | 13 | 1482 | ₹1,91,178 |
| SHNI(min) | 14 | 1596 | ₹2,05,884 |
| SHNI(max) | 67 | 7638 | ₹9,85,302 |
| BHNI(min) | 68 | 7752 | ₹10,00,008 |
Glottis Limited IPO Reservation
Glottis Limited IPO offers total 23798740 shares. Out of which 2855867 (12%) allocated to QIB, 7139622 (30%) allocated to NII,9519496 (40%) allocated to RII, NA (NA%) allocated to employees and 4283755 (18%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 4283755 (18%) | |
| QIB Shares Offered | 2855867 (12%) | |
| NII (HNI) Shares Offered | 7139622 (30%) | |
| bNII < ₹10L | 4759272 (20%) | |
| sNII < ₹10L | 2379636 (10%) | |
| Retail Shares Offered | 9519496 (40%) | |
| Total Shares Offered | 23798740 (100%) |
Glottis Limited IPO Details
Glottis Limited IPO is a book-built issue of ₹307 crores, The total issue size is ₹307 crores. The IPO of Glottis Limited is priced at ₹120-129 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Sep 29, 2025 and ends on Oct 1, 2025. The allotment for Glottis Limited IPO will be finalized on Oct 3, 2025. Glottis Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 7, 2025. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Ltd is the registrar of the issue.
Retail investors can bid for a minimum of 114 shares, extendable to 14,706. S-HNIs will be able to bid for 1596 shares at ₹2,05,884, while B-HNIs can also apply for a bid of 7752 shares at ₹10,00,008. The book-running lead manager for the IPO is/are Pantomath Capital Advisors Pvt Ltd.
The total issue ₹307 crore, comprising a fresh issue of 1,24,03,100 shares ₹160 crore and having Offer for Sale (OFS) of 1,13,95,640 shares to mop up ₹147 crore.
The Glottis Limited IPO sets its price band at 120-129 for each share. A single application for Glottis Limited IPO must contain at least 114 shares. Sentiment investors need to invest a minimum of 114 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,706 In order to participate in the sNII, investors must purchase at least 14 lots of 1596 shares for ₹2,05,884, while the bNII requires 68 lots of 7752 shares for an investment of ₹10,00,008.
Glottis Limited IPO Subscription Analysis And Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 28,55,867 | 71,39,622 47,59,748 23,79,874 | 95,19,496 | 1,95,14,985 |
Day 1 29-09-25 05:00 PM | 1.76 x | 0.17 0.19 x 0.12 x | 0.23 x | 0.43 x |
Day 2 30-09-25 05:00 PM | 1.76 x | 1.12 1.51 x 0.35 x | 0.60 x | 0.96 x |
Day 3 01-10-25 05:00 PM | 1.84 x | 3.08 3.77 x 1.71 x | 1.47 x | 2.12 x |
Glottis Limited Valuations
Glottis Limited Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 156.10 | 81.72 | 72.08 |
| Revenue | 942.55 | 499.39 | 478.77 |
| Profit After Tax | 56.14 | 30.96 | 22.44 |
| Net Worth | 98.53 | 42.35 | 11.52 |
| Reserves & Surplus | 82.53 | 41.35 | 10.52 |
| Total Borrowing | 22.14 | 8.08 | 30.61 |
About Glottis Limited Company
Established in June 2024, Glottis Limited specializes in logistics solutions across complete transportation services by ocean, air, and land logistics.
The organization is engaged in end-to-end multimodal logistics solutions across different industries, ensuring the most efficient movement of goods between regions. Our portfolio comprises:
Ocean freight forwarding, involving project cargo volumes as well as full container loads both import and export
Air freight forwarding both import and export
Road transport
Ancillary operations like warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearanceGlottis Limited processed about 95,000 TEUs of imports through ocean freight during Fiscal Year 2024.
The company has a presence in India as of Feb 2025 by way of 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin, and registered and corporate offices in Chennai, spread over major transportation hubs.The products of the company have been exported to the nations like Europe, North America, South America, Africa, Middle East and Asia.During the six months ended September 2024 and Fiscals 2024, 2023, and 2022, the company has served 1,246, 1,662, 1,513, and 1,476 customers in 119, 100, 87, and 85 countries, respectively.
As of January 10, 2025, the company has 171 foreign agents, 98 shipping lines, 52 transporters, 43 customs house agents, 22 airlines, and 20 consol agents, established based on long-term relationships.As of January 10, 2025, the company possesses 17 commercial vehicles. Our large vehicle and agency network enables us to expand with growing demand and capture large business opportunities.
Glottis Limited - Promoter(s)
Ramkumar Senthilvel
Kuttappan Manikandan
Pre Issue Share Holding : 98.98%
Post Issue Share Holding : N/A%
Glottis Limited IPO - Issue Objectives
Funding of capital expenditure requirements of the company towards the purchase of commercial vehicles and containers
General Corporate Purposes.
Glottis Limited IPO - Anchor Investors
Glottis IPO: Anchor investors select Rs 55.3 crore worth of shares.
Meru Investment Fund was the highest amongst them investor, buying 11.6 lakh shares for Rs 15 crore, followed by LC Pharos Multi Strategy Fund, and VPK Global Ventures Fund that bought 7.75 lakh shares each for Rs 10 crore.
Abans Finance, M7 Global Fund, The Asio Fund, and Sunrise Investment Opportunities Fund were few of the other investors in the anchor book.
Contact Details
Glottis Limited
New No. 46, Old No. 311, 1st Floor, Thambu Chetty Street, Chennai - 600001, Chennai, Tamil Nadu
+91 444266 5587
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Glottis Limited IPO - FAQs
Ans. Glottis Limited IPO is a Mainboard IPO. The issue is priced at ₹120-129 per equity share. The minimum order quantity is 114 Shares. The IPO opens on Sep 29, 2025, and closes on Oct 1, 2025. Kfin Technologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Glottis Limited IPO opens on Sep 29, 2025 and closes on Oct 1, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Glottis Limited IPO is 2,37,98,740 (aggregating up to ₹307 Cr) Fresh Issue: 1,24,03,100 shares (aggregating up to ₹160.00 Cr) Offer For Sale: 1,13,95,640 shares (aggregating up to ₹147 Cr).
Ans. The Glottis Limited IPO price band is set between ₹120-129 per equity share.
Ans. To apply for Glottis Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Glottis 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 Glottis Limited IPO is Oct 3, 2025.
Ans. The Glottis Limited IPO will be listed on Oct 7, 2025.
Ans. Follow the steps to check the Glottis Limited IPO allotment status online.
