GLOTTIS LIMITED
₹ 120 - ₹ 129
29-Sep-2025 - 01-Oct-2025
₹ 14706.00

/ 114 Shares

GLOTTIS LIMITED

29-Sep-2025 - 01-Oct-2025

₹ 120 - ₹ 129

Price Band

₹ 14706.00

Minimum Investment

114

Bid Lot

23,798,740

Shares
  • Face Value - ₹ 2/- Per Share

  • Listing at NSE BSE

  • 83,504 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Category % Shares/Amount
QIB 30% 7,139,622 Shares RS.92.10 CR
HNI 1 10% 2,379,874 Shares RS.30.70 CR @ 1491 FORM 1X
HNI 2 20% 4,759,748 Shares RS.61.40 CR @ 2982 FORM 1X
Retail 40% 9,519,496 Shares RS.122.80 CR @ 83504 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
83504 FORM 1X 1491 FORM 1X 2982 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 114 ₹ 14,706
Retail (Upto 2 Lakh) 13 1482 ₹ 191,178
S-HNI (2 Lakh to 10 Lakh) 14 1596 ₹ 205,884
S-HNI (2 Lakh to 10 Lakh) 67 7638 ₹ 985,302
B-HNI (Above 10 Lakh) 68 7752 ₹ 1,000,008

IPO Timeline

  • Open Date

    29-Sep-2025
  • Close Date

    01-Oct-2025
  • Basis of Allotment Date

    03-Oct-2025
  • Initiation of Refunds

    06-Oct-2025
  • Credit Shares to Demat A/c

    06-Oct-2025
  • IPO Listing Date

    07-Oct-2025

Subscription as on
01-Oct-2025 17:40

Category Book Size Subscription No. of Times
QIB 2,855,849 ₹ 36.84 Cr. 5,262,240 ₹ 67.88 Cr. 1.84x
HNI (<10 LAKH) 2,379,874 ₹ 30.70 Cr. 4,061,364 ₹ 52.39 Cr. 1.71x
HNI2 (>10 LAKH) 4,759,748 ₹ 61.40 Cr. 17,942,004 ₹ 231.45 Cr. 3.77x
RETAIL 9,519,496 ₹ 122.80 Cr. 14,028,270 ₹ 180.96 Cr. 1.47x
Total 19,514,967 41,293,878 2.12x
Category Book Size Subscription No. of Times
QIB 2,855,849 ₹ 36.84 Cr. 5,262,240 ₹ 67.88 Cr. 1.84x
HNI (<10 LAKH) 2,379,874 ₹ 30.70 Cr. 4,061,364 ₹ 52.39 Cr. 1.71x
HNI2 (>10 LAKH) 4,759,748 ₹ 61.40 Cr. 17,942,004 ₹ 231.45 Cr. 3.77x
RETAIL 9,519,496 ₹ 122.80 Cr. 14,028,270 ₹ 180.96 Cr. 1.47x
Total 19,514,967 41,293,878 2.12x

*Excluding Anchor

Total No. of Application Approx : ~103770 (1.24 Appwise)

Appwise Subscription
Category Total App App wise
HNIBT 2336.35 1491 (For 1x) 1.57x
HNIAT 2086.47 2382 (For 1x) 0.88x
RETAIL 93433.00 83504 (For 1x) 1.12x

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

Glottis Limited is a dynamic and rapidly growing logistics solutions provider, incorporated in June 2024. The company specializes in comprehensive, end-to-end supply chain management, leveraging its multimodal capabilities in ocean, air, and road freight to optimize the movement of goods globally. While newly incorporated, it has established a significant operational footprint and a strong track record of customer service.

Core Services
Glottis offers a full suite of logistics services, including:

  • Ocean Freight: Full Container Loads (FCL) and project cargo for import and export.

  • Air Freight: Expedited import and export services.

  • Road Transportation: Domestic haulage and distribution.

  • Ancillary Services: Warehousing, storage, cargo handling, Third-Party Logistics (3PL), and customs clearance, providing a truly integrated solution.

Read More

Strengths

Industry Leadership: A recognized leader in providing logistics solutions for the high-growth Renewable Energy industry.

Optimized Network: A vast and well-utilized network of intermediaries and owned assets ensures efficiency and reliability.

Multimodal Expertise: Scaled operations capable of managing complex, diverse projects through seamless integration of ocean, air, and road transport.

Company Promoters

Company Financials

Glottis Ltd.'s revenue increased by 89% and profit after tax (PAT) rose by 81% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 156.10 81.72 72.08
Total Income 942.55 499.39 478.77
Profit After Tax 56.14 30.96 22.44
EBITDA 78.45 40.36 33.47
NET Worth 98.53 42.35 11.52
Reserves and Surplus 82.53 41.35 10.52
Total Borrowing 22.14 8.08 30.61
Amount in ? Crore

Objects of the Issue

The Company Glottis IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (? in crores)
1 Funding of capital expenditure requirements of our Company towards purchase of commercial vehicles and containers; and 132.54
2 General Corporate Purposes

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

Check Allotment