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GLEN Industries IPO GMP & Review: Apply or Avoid?

Posted by : sachet | Mon Jul 07 2025

GLEN Industries IPO GMP & Review: Apply or Avoid?

GLEN Industries IPO is open for bidding on 8th July 2025. It is a book building IPO of 64.97 lakh shares and entirely a fresh issue worth ₹63.02 crores. The issue will be listed on BSE and SME on its tentative listing date, 15th July 2025. 

GLEN Industries IPO Details 

The GLEN Industries IPO date is fixed between 8th July 2025 and 10th July 2025. The face value of GLEN Industries Limited shares stands at ₹10 per share, and the IPO price band is fixed at ₹92 to ₹97 per share. 

Kfin Technologies Limited is the registrar of the GLEN Industries IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

IPO Open Date8th July 2025
IPO Close Date10th July 2025
IPO Allotment Date11th July 2025
Refund Initiation 14th July 2025
Issue Size64,96,800 shares (worth ₹63.02 crore)
Face Value₹10 per share
Lot Size1,200 shares
Issue Price Band₹92 to ₹97 per share
Issue TypeBookbuilding IPO
Listing AtBSE & SME
Listing Date15th July 2025

GLEN Industries IPO Share Reservation

GLEN Industries IPO is a bookbuilding IPO issue of 64.97 lakh shares worth ₹63.02 crores. GLEN Industries Limited shares will be listed on the BSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Investor CategoriesReservation Required 
Market Maker Shares Offered3,25,200 (5.01%)
QIB Shares Offered30,04,800
Retail Shares Offered21,07,200 (32.43%)
NII (HNI) Shares Offered9,06,000 (13.95%)
Employee Shares Offered1,53.600 (2.36%)
Total Shares Offered64,96,800 (100.00%)

GLEN Industries IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the GLEN Industries IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
07-07-2025₹97₹25₹12225.77%
06-07-2025₹97₹25₹12225.77%
05-07-2025₹97₹25₹12225.77%
04-07-2025₹97₹18₹11518.55%
03-07-2025₹97₹0₹970.00%
02-07-2025₹97₹0₹970.00%
01-07-2025₹97₹0₹970.00%

As of 7th July 2025, GLEN Industries IPO GMP stands at ₹25 per share, which means the share will likely show a listing at ₹122 (97+25) on its tentative listing date, 15th July 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the GLEN Industries IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

GLEN Industries IPO Review

Check out the detailed GLEN Industries IPO review for a thorough understanding of its potential to report listing gains on 15th July 2025. The GLEN Industries IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the GLEN Industries IPO.

GLEN Industries Limited’s revenue rose 17.94% from ₹145.22 crores in March 2024 to ₹171.28 crores in March 2025. Moreover, the company’s PAT increased by 112.93% from ₹8.58 crores to ₹18.27 crores.  

GLEN Industries Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the GLEN Industries IPO for its tentative listing day, which is 15th July 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the GLEN Industries IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 9.33
EPS (Earnings Per Share)10.40
RoNW45.43%
ROE (Return on Equity)45.43%
ROCE16.94%
EBITDA Margin23.60%
Price to Book Value0.22
PAT Margin10.70%
Market Capitalisation₹233.40 cr.

The PE ratio of GLEN Industries Limited shares is 9.33, and its Earnings Per Share (EPS) stands at 10.40. Thus, the GLEN Industries IPO can potentially deliver gains on its tentative listing date, 15th July 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of GLEN Industries Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio9.3312.78
EPS 10.407.59

GLEN Industries Limited Peer Comparison

Company NameRevenue (in cr.)PE RatioFace Value (in Rs)EPS RoNW (in %)
GLEN Industries Limited145.229.331010.4039.10%
Rajshree Polypack Limited277.0024.9451.0839.10%

GLEN Industries IPO Subscription Status

GLEN Industries IPO is to be opened for bidding on 8th July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live GLEN Industries IPO Subscription Status. 

Investor CategoryShares OfferedShares SubscribedSubscription in Times
Retail InvestorsYet to be announcedYet to be announcedYet to be announced
QIBYet to be announcedYet to be announcedYet to be announced
NII (sNII+bNII)Yet to be announcedYet to be announcedYet to be announced
TotalYet to be announcedYet to be announcedYet to be announced

About GLEN Industries Limited

GLEN Industries Limited was incorporated in 2007 and is involved in the manufacturing of eco-friendly food packaging and service products. It is committed to meeting the rapidly growing demand of consumers with a new 90,000 square feet manufacturing unit in Dhulagarh. This manufacturing unit is equipped with advanced machinery and skilled employees to enhance production quality. As of March 2025, GLEN Industries Limited was operating with around 300+ employees. Here are the major competitive strengths of GLEN Industries Limited. 

  • Well-established relationship with customers.
  • Experienced management team and promoters.
  • Commitment to quality assurance.
  • Customisation capabilities. 
  • Advanced in-house processing units with focu on cost effectiveness. 

GLEN Industries Limited Financials

The company’s financial analysis is essential before applying for the GLEN Industries IPO. Look at the table to learn about GLEN Industries Limited’s financials. 

Year Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets214.36160.31137.07
Revenue171.28145.22119.59
Profit After Tax18.278.581.49
Debt132.8388.8381.65
Reserves and Surplus40.8039.1630.67
Net Worth40.2126.6518.07

Explanation

GLEN Industries Limited’s revenue rose 17.94% from ₹145.22 crores in March 2024 to ₹171.28 crores in March 2025. Moreover, the company’s PAT increased by 112.93% from ₹8.58 crores to ₹18.27 crores. 

GLEN Industries IPO Bidding Requirements

GLEN Industries IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO. 

Investor CategoryLotsSharesAmount (in Rs)
Retail (Minimum)22,400 shares₹2,32,800
Retail (Maximum)22,400 shares₹2,32,800
S-HNIs (Minimum)33,600 shares₹3,49,200
S-HNI (Maximum)89,600 shares₹9,31,200
B-HNI (Minimum)910,800 shares₹10,47,600
Employee (Minimum)22,400 shares₹2,32,800
Employee (Maximum)44,800 shares₹4,65,600

Use the lot size calculator to find how many shares you should apply!

Also Read : Marc Loire Fashions IPO GMP & Review: Apply or Avoid?

GLEN Industries IPO Promoter Holdings

Have a look at the table below to check the holdings of GLEN Industries Limited’s promoters: Mr. Lalit Agrawal, Mrs. Lata Agrawal, Mr. Nikhil Agrawal, and Mrs. Niyati Seksaria. 

Share Holding Pre-Issue100.00%
Share Holding Post-Issue-%

Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue. 

Aim of GLEN Industries IPO

The primary aim of the GLEN Industries IPO is to raise ₹63.02 crores. On the other hand, GLEN Industries Limited has decided to utilise these funds in different prospects. Explore some of the secondary objectives for the GLEN Industries IPO.

  • To meet general corporate purposes. 
  • To set up a new manufacturing unit at Purba. 

Should I Invest in GLEN Industries IPO?

GIL is engaged in the manufacturing and marketing of diverse range of food packaging and service products. It marked growth in its top and bottom lines for the reported periods. Boosted profits for FY24 onward raise eyebrows and concern over its sustainability as it is operating in a highly competitive and fragmented segment. Based on recent set of financial performance, the issue appears fully priced. Well-informed/cash surplus investors may park moderate funds for long term.”~Dilip Davda (Chief Editor at Chittorgarh)

Explore the pros and cons of GLEN Industries IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of GLEN Industries IPO

  • Customisation Abilities
  • Experienced Promoters and Management

Cons of Chemkart India IPO

  • Low Market Capitalisation
  • Increase in Debt

How to Apply for GLEN Industries IPO?

Check the steps mentioned below to apply for the GLEN Industries IPO

  • Step 1: Conduct thorough research on GLEN Industries IPO GMP, subscription status, issue size, lot size, and other details. 
  • Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Make a bid for 2 lots of 2,400 shares worth ₹2,32,800 of GLEN Industries IPO.   
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the GLEN Industries IPO from more than one demat account to increase your allotment chances. 

How to Check GLEN Industries IPO Allotment Status?

You can check for GLEN Industries IPO allotment in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

  • Visit the BSE Official Website.
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose GLEN Industries IPO.  
  • Choose whether to proceed with the PAN number or the application number.
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your GLEN Industries IPO allotment status.

Let’s Wrap

GLEN Industries IPO is a bookbuilding issue of 64.97 lakh shares worth ₹63.02 crores. The shares of GLEN Industries Limited will be listed on SME and BSE on its tentative listing date of 15th July 2025. Researching the GLEN Industries IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

Also Read : Cedaar Textile IPO GMP & Review: Apply or Avoid?

FAQs on GLEN Industries IPO

How is the GLEN Industries IPO?

Ans. Currently, on 7th July 2025, GLEN Industries IPO GMP (Grey Market Premium) stands at ₹25 (25.77% up). It indicates that the estimated listing price could be ₹122 per share. It is a bookbuilding IPO of 64.97 lakh shares and entirely a fresh issue worth ₹63.02 crore. The face value of each share of GLEN Industries Limited is ₹10. 

What is the GLEN Industries IPO price?

Ans. GLEN Industries IPO price band has been set between ₹92 and ₹97 per share. Retail investors can apply for a minimum of 2 lots consisting of 2,400 shares worth ₹2,32,800. Moreover, HNIs are required to bid for a minimum of 3 lots (3,600 shares) worth ₹3,49,200. 

Is the GLEN Industries IPO good?

Ans. GLEN Industries Limited’s revenue rose 17.94% from ₹145.22 crores in March 2024 to ₹171.28 crores in March 2025. Moreover, the company’s PAT increased by 112.93% from ₹8.58 crores to ₹18.27 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who is the registrar of the GLEN Industries IPO?

Ans. Kfin Technologies Limited is the registrar of the GLEN Industries IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the GLEN Industries IPO allotment and refund, you can contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222 or 04079611000.

What is the issue size of the GLEN Industries IPO? 

Ans. GLEN Industries IPO is a bookbuilding IPO for 64.97 lakh shares worth ₹63.02 crore. Moreover, the IPO is set to open on 8th July 2025 and will close on 10th July 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the GLEN Industries IPO, download the GLEN Industries IPO RHP and GLEN Industries IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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