Glottis IPO : All you Need to know

Glottis IPO Details
The Glottis IPO will open for subscription on 29 September 2025 to 01 October 2025. The Company will planning to raise ₹307 cr through this public issue, The which is mix of fresh issue and OFS (offer for sale).
- IPO Price Band: ₹ 120-129
- Lot Size: 114 shares
- Minimum Investment (Retail): ₹13,680-₹14706
- Allotment Date: 03 Oct 2025
- Listing Date: 07 Oct 2025 on NSE and BSE
| Details | Information |
| IPO Open Date | 29 Sep 2025 |
| IPO Close Date | 01 Oct 2025 |
| Price Band | ₹120-₹129 Per Share |
| Lot Size | 114 shares |
| Minimum Investment | ₹13,680 – ₹14706/- |
| Issue Size | ₹307 cr. |
| Allotment Date | 03 Oct 2025 |
| Listing Date | 07 Oct 2025 on NSE and BSE |
| Glottis GMP | – |
Glottis IPO Issue Size
The Glottis IPO will open for subscription on 29 September 2025 to 01 October 2025. The Company wiill planning to raise ₹307 cr through this public issue, which is mix of fresh issue and Offer for sale (OFS).
Fresh Issue: ₹160 cr funds raised here will go directly into the company for expansion, debt repayment, and working capital needs.
Offer For Sale: ₹147 cr existing shareholders will sell part of their stake, but the proceeds will not go to the company.
Glottis Lot Size
Investors can apply for the IPO in lots. The Glottis Lot Size is fixed at 114 shares per lot.
Below is the table showing lot size details for Retail Investors and **HNIs (High Net Worth Individuals):
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 73 | ₹14,706 |
| Retail (Max) | 13 | 1,482 | ₹1,91,178 |
| S-HNI (Min) | 14 | 1,596 | ₹2,05,884 |
| S-HNI (Max) | 67 | 7,638 | ₹9,85,302 |
| B-HNI (Min) | 68 | 7,752 | ₹10,00,008 |
Glottis DRHP
Glottis IPO Reservation
The IPO shares are divided among different investor categories. Here is the Glottis IPO reservation (quota) details:
| Investor Category | Reservation % |
| QIB (Qualified Institutional Buyers) | 40% of the issue |
| NII / HNI (Non-Institutional Investors) | 30% of the issue |
| Retail Investors | 40% of the issue |
How to Apply for Glottis IPO
Applying for the Glottis IPO is simple. You can apply through your demat account, net banking (ASBA), or brokerage app like Zerodha, Upstox, Groww, Angel One, ICICI Direct, etc.
Step-by-Step Guide
- Login to Your Demat Account
- Open your broker app (like Zerodha, Groww, Upstox) or net banking (like HDFC, ICICI, SBI).
- Go to IPO Section
- Look for the “IPO” tab or “Current Issues” option.
- Select
- Click on Glottis IPO Apply option.
- Choose Your Category & Lot Size
- Retail Investor: Minimum 1 lot = 114 shares.
- HNI (sHNI/bHNI): Higher multiples (check the Glottis lot size table above).
- Enter Bid Price
- You can bid at the cut-off price (safest option) or enter a price within the band ₹120 – ₹129
- Confirm & Submit
- Enter your UPI ID (if using UPI) and approve the mandate on your UPI app.
- For ASBA (net banking), the amount will be a blocked in your bank account.
- IPO closes on 01 October 2025.
- Allotment date: 03 October 2025.
- Check status on kFin Technologies Limited
Glottis IPO Promoter Holding
- Ramkumar Senthilvel
- Kuttappan Manikandan
| Description | Percentage (%) |
| Promoter Holding Pre-Issue | 98.98% |
| Promoter Holding Post-Issue |
Key Performance Indicators for Glottis IPO
| KPI | Value |
| Return on Capital Employed (ROCE) | 72.58% |
| Price to Earning (P/E) Pre IPO | 18.38 |
| Return on Net Worth (RoNW) | 56.98% |
| PAT Margin (%) | 5.97% |
| Return On Equity (ROE) | 56.98% |
| Price to Book Value (P/BV) | 10.47 |
| Debt/Equity | 29.00 |
Glottis IPO Registrar and Lead Managers
Glottis Ltd. IPO Lead Managers
- Pantomath Capital Advisors Pvt Ltd
Registrar for Glottis IPO
- Contact Number: 04067162222, 04079611000
- Email Address: glottisltd.ipo@kfintech.com
Epack Prefab Technologies Ltd. IPO Registrar website- ipostatus.kfintech.com
Glottis Financials (in Crs)
| 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 |
| Reserve And Surplus | 82.53 | 41.35 | 10.52 |
| Total Borrowing | 22.14 | 8.08 | 30.61 |
About Glottis Ltd. Company
Glottis Ltd. Incorporated in June 2024,Headquater in Chennai, Tamil Nadu, India. Glottis Limited is a logistics solutions company that offers comprehensive transportation services through ocean, air, and road logistics.
Business Verticals of Glottis Ltd.
- Ocean freight forwarding (import/export)
- Air freight forwarding
- Road transportation
- Warehousing, cargo handling, customs clearance, 3PL (third-party logistics) services
- Focus segments include energy infrastructure / renewable energy industries, engineering products, home appliances, etc.
Glottis Limited
New No. 46, Old No. 311, 1st Floor, Thambu Chetty Street, Chennai – 600001, Chennai, Tamil Nadu
Phone: +91 444266 5587
Email: info@glottislogistics.in
Website:www.glottislogistics.in
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