
Glottis IPO GMP & Review: Should You Apply or Avoid?
Posted by : sachet | Mon Sep 29 2025

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Glottis IPO is open for bidding from 29th September 2025 to 1st October 2025. It is a book-building IPO of ₹307.00 crores, comprising an entirely fresh issue of ₹1.24 crore, and an offer for sale of 1.14 crore shares. The problem will be listed on BSE and SME on its tentative listing date, 7th October 2025.
Glottis IPO Details
The Glottis IPO date is scheduled between September 29, 2025, and October 1, 2025. The face value of Glottis’ IPO shares is ₹2 per share, and the IPO price is set between ₹120 and ₹129 per share.
Kfin Techniologies Limited is the registrar of the Glottis IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 29th September 2025 |
IPO Close Date | 1st October 2025 |
IPO Allotment Date | 3rd October 2025 |
Refund Initiation | 6th October 2025 |
Issue Size | 2,37,98,740 shares(aggregating up to ₹307.00 Cr) |
Fresh Issue | 1,24,03,100 share(aggregating up to ₹160.00 Cr) |
Offer for Sale | 1,13,95,640 shares of ₹2(aggregating up to ₹147.00 Cr) |
Face Value | ₹2 per share |
Lot Size | 114 shares |
Issue Price Final | ₹120 to ₹129 per Share |
Issue Type | Bookbuilding IPO |
Listing At | BSE & NSE |
Listing Date | 7th October 2025 |
Glottis IPO Share Reservation
Glottis IPO is a book-building issue of ₹307.00 crores, comprising an entirely fresh issue of ₹0.33 crores, which will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
Investor Categories | Shares Offered |
---|---|
QIB Shares Offered | Not more than 30% of the Net offer |
Retail Shares Offered | Not less than 40% of the net offer |
NII (HNI) Shares Offered | Not less than 30% of the Net offer |
Glottis 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. Would you like to receive live updates on the Glottis IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
26-09-2025 | ₹- | ₹- | ₹- | ₹- |
25-09-2025 | ₹- | ₹- | ₹- | ₹- |
24-09-2025 | ₹129.00 | ₹0.00 | ₹129.00 | 0.00% |
23-09-2025 | ₹129.00 | ₹0.00 | ₹129.00 | 0.00% |
22-09-2025 | ₹129.00 | ₹0.00 | ₹129.00 | 0.00% |
21-09-2025 | ₹129.00 | ₹0.00 | ₹129.00 | 0.00% |
20-09-2025 | ₹129.00 | ₹0.00 | ₹129.00 | 0.00% |
As of 24th September 2025, Glottis IPO GMP stands at ₹0 per share, indicating that the share is likely to list at ₹129 on its tentative listing date, 7th October 2025.
GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Glottis GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Glottis IPO GMP Review
Check out the detailed Glottis GMP IPO review for a thorough understanding of its potential to report listing gains on 7th October 2025. The Glottis 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. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the Glottis IPO.
Glottis Limited’s revenue increased by 89% from ₹499.39 crores in March 2024 to ₹942.55 crores in March 2025. Moreover, the company’s PAT rose by 81% from ₹30.96 crores to ₹56.14 crores.
Glottis Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Glottis IPO for its tentative listing day, 7th October 2025.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Glottis IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 18.38 |
EPS (Earnings Per Share) | 7.02 |
RoNW | 56.98% |
ROCE | 72.58% |
ROE | 56.98% |
PAT Margin | 5.97% |
Price to Book Value | 10.47 |
Market Capitalisation | ₹1192.00 Cr. |
The P/E ratio of Glottis Limited’s share is 18.38, and its Earnings Per Share (EPS) stands at 7.02. Thus, the Glottis Limited IPO can potentially deliver gains on its tentative listing date, 1st October 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Glottis Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.
Glottis Limited IPO Peer Comparison
Company Name | EPS | P/E Ratio | RoNW | Face value | Revenue |
Glottis Limited | 7.02 | – | 56.98 | ₹2 | 942.55 |
Allcargo Logistics | 1.75 | 17.95 | 2.03 | ₹2 | 16,091 |
Transport Corporation of India | 53.43 | 25.60 | 19.42 | ₹2 | 4,538 |
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Glottis IPO Subscription Status
The Glottis IPO is scheduled to open for bidding on September 29, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Glottis IPO subscription status.
Investor Categories | Shares Offered | Shares Subscribed | Subscription to the Times |
QIB Shares Offered | Not more than 30% of the Net offer | Yet to be announced | Yet to be announced |
Retail Shares Offered | Not less than 40% of the net offer | Yet to be announced | Yet to be announced |
NII (HNI) Shares Offered | Not less than 30% of the Net offer | Yet to be announced | Yet to be announced |
About Glottis Limited
Glottis Limited was established in June 2024. Glottis Limited is a logistics solutions company that offers comprehensive transportation services through ocean, air, and road logistics.
The company offers comprehensive logistics solutions with multimodal capabilities across various sectors, streamlining the movement of goods across different regions. Our services include:
- Ocean freight forwarding, including project cargo loads and full container loads for both import and export
- Air freight forwarding for both import and export
- Road transportation
- Ancillary services such as warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearance
During Fiscal Year 2024, Glottis Limited handled approximately 95,000 TEUs of imports via ocean freight.
Glottis Limited Financials
The company’s financial analysis is essential before applying for the Glottis IPO. Refer to the table to learn about Glottis Limited’s financial information.
Year Ended | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr) |
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 |
EBITDA | 78.45 | 40.36 | 33.47 |
Reserve and Surplus | 82.53 | 41.35 | 10.52 |
Total Borrowing | 22.14 | 8.08 | 30.61 |
Explanation
Glottis Limited’s revenue increased by 89% from ₹499.39 crores in March 2024 to ₹942.55 crores in March 2025. Moreover, the company’s PAT rose by 81% from ₹30.96 crores to ₹56.14 crores.
Glottis IPO Bidding Requirements
Investors can bid for a minimum of 114 shares and in multiples thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
Individual Investors (Retail) (Min) | 1 | 114 | ₹14,706 |
Individual Investors (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 | 7,852 | ₹10,00,008 |
Glottis’ IPO has reserved lot sizes for different investor categories. Refer to the table below to view the requirements for applying to this IPO.
Use the lot size calculator to find how many shares you should apply for!
Glottis IPO Promoter Holding
Refer to the table below to review the holdings of Glottis Limited’s promoters: Sanjay Singhania, Ajay DD Singhania, Bajrang Bothra, Laxmi Pat Bothra and Nikhil Bothra.
Share Holding Pre-Issue | 98.98% |
Share Holding Post-Issue | – |
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
Aim of the Glottis IPO
The primary aim of the Glottis IPO is to raise ₹307.00 crore. On the other hand, Glottis has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Glottis IPO.
- To fund the capital expenditure requirements of our Company towards the purchase of commercial vehicles and containers
- To General Corporate Purposes
Should I Invest in the Glottis IPO?
Explore the pros and cons of Glottis to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s efficiency in generating profits in the coming decades.
Pros of Glottis IPO
- The Company has a widespread presence.
- The company maintains a longstanding relationship with a diverse range of customers across various industries.
- The company has a skilled and experienced management team with relevant industry experience.
Cons of Glottis IPO
- The company has a heavy dependence on renewable energy
- The company has a negative cash flow and past cash flow volatility
- The company’s debt is relatively modest, as logistics assets often require additional investment.
How to Apply for the Glottis IPO?
Please follow the steps outlined below to apply for a position at Glottis Limited.
- Step 1: Conduct thorough research on the Glottis IPO, including GMP, subscription status, issue size, lot size, and other relevant details.
- Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Place a bid for one lot of 114 shares, valued at ₹14,706.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Glottis IPO from more than one demat account to increase your chances of allotment.
How to Check the Glottis IPO Allotment Status?
You can check whether the Glottis IPO allotment has been completed in different ways. These include BSE and the registrar portal. Refer to the steps 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 the Glottis 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 Glottis IPO allotment status.
Let’s Wrap
Glottis’ IPO is a fresh issue of shares worth ₹ 307.00 crore. The shares of Glottis Limited will be listed on BSE and NSE on its tentative listing date of 7th October 2025. Researching the Glottis 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!
FAQs on Glottis IPO
How is the Glottis IPO?
Ans. Currently, on 24th September 2025, the Glottis IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹129 per share. It is a book-building IPO of ₹307.00 crores, comprising an entirely fresh issue of 1.24 crore shares. The face value of each share of Glottis Limited is ₹2 per share.
What is the IPO price of Glottis?
Ans. The DSM Projects IPO price is set at ₹120 and ₹129 per share. Retail investors can apply for a minimum of 1 lot, each consisting of 114 shares, worth ₹14,706. Moreover, HNIs are required to bid for a minimum of 14 lots (1,596 shares) worth ₹2,05,884.
Is the Glottis IPO a good investment?
Ans. Glottis Limited’s revenue increased by 89% from ₹499.39 crores in March 2024 to ₹942.55 crores in March 2025. Moreover, the company’s PAT rose by 81% from ₹30.96 crores to ₹56.14 crores.
Who is the registrar of the Glottis IPO?
Ans. Kfin Technologies Limited is the registrar of the Glottis IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Glottis allotment and refund, you can contact kfin Technologies Limited at glottisltd.ipo@kfintech.com or 04067162222, 04079611000.
What is the issue size of the Glottis IPO?
Ans. Glottis’ IPO is a book-building IPO of ₹307.07 crores, comprising an entirely fresh issue of 1.24 crore shares, and an offer for sale of 1.14 crore shares. Moreover, the IPO is set to open on 29th September 2025 and will be closed on 1st October 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Glottis IPO, download the Glottis IPO RHP and the Glottis IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.
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