ad

Glottis IPO GMP & Review: Should You Apply or Avoid?

Posted by : sachet | Mon Sep 29 2025

Glottis IPO GMP & Review: Should You Apply or Avoid?

Click & Sign Up to Get Latest Updates on Glottis IPO

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 Date29th September 2025
IPO Close Date1st October 2025
IPO Allotment Date3rd October 2025
Refund Initiation 6th October 2025
Issue Size2,37,98,740 shares(aggregating up to ₹307.00 Cr)
Fresh Issue1,24,03,100 share(aggregating up to ₹160.00 Cr)
Offer for Sale1,13,95,640 shares of ₹2(aggregating up to ₹147.00 Cr)
Face Value₹2 per share
Lot Size114 shares
Issue Price Final₹120 to ₹129 per Share
Issue TypeBookbuilding IPO
Listing AtBSE & NSE
Listing Date7th 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 CategoriesShares Offered
QIB Shares OfferedNot more than 30% of the Net offer
Retail Shares OfferedNot less than 40% of the net offer
NII (HNI) Shares OfferedNot 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 DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
26-09-2025₹-₹-₹-₹-
25-09-2025₹-₹-₹-₹-
24-09-2025₹129.00₹0.00₹129.000.00%
23-09-2025₹129.00₹0.00₹129.000.00%
22-09-2025₹129.00₹0.00₹129.000.00%
21-09-2025₹129.00₹0.00₹129.000.00%
20-09-2025₹129.00₹0.00₹129.000.00%

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 IndicatorsValue
PE Ratio (Price-to-Earnings) 18.38
EPS (Earnings Per Share)7.02
RoNW56.98%
ROCE72.58%
ROE56.98%
PAT Margin5.97%
Price to Book Value10.47
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. 

IndicatorsPre-IPOPost-IPO
PE Ratio18.3821.23
EPS 7.026.08

Glottis Limited IPO Peer Comparison

Company NameEPSP/E RatioRoNWFace valueRevenue
Glottis Limited7.0256.98₹2942.55
Allcargo Logistics1.7517.952.03₹216,091
Transport Corporation of India53.4325.6019.42₹24,538

Download the Univest iOS App or Univest Android App to get daily stock recommendations and insightful research pieces!

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 CategoriesShares OfferedShares SubscribedSubscription to the Times
QIB Shares OfferedNot more than 30% of the Net offerYet to be announcedYet to be announced
Retail Shares OfferedNot less than 40% of the net offerYet to be announcedYet to be announced
NII (HNI) Shares OfferedNot less than 30% of the Net offerYet to be announcedYet 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:

  1. Ocean freight forwarding, including project cargo loads and full container loads for both import and export
  2. Air freight forwarding for both import and export
  3. Road transportation
  4. 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 Ended31st March 2024 (in cr.)31st March 2023 (in cr.)31st March 2022 (in cr)
Assets156.1081.7272.08
Revenue942.55499.39478.77
Profit After Tax56.1430.9622.44
Net Worth98.5342.3511.52
EBITDA78.4540.3633.47
Reserve and Surplus82.5341.3510.52
Total Borrowing22.148.0830.61

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)1114₹14,706
Individual Investors (Retail) (Max131,482₹1,91,178
S-HNI (Min)141,596₹2,05,884
S-HNI (Max)677,638₹9,85,302
B-HNI (Min) 687,852₹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-Issue98.98%
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.

Upcoming IPOs

IPO NamesExpected Year of IPO
PhonePe IPO2025
Bajaj Energy IPO2025
OYO IPO2025
Flipkart IPO2025
Zepto IPO2025
boAt IPO2025
Meesho IPO2025
Jio IPO2026
NSE IPO2025

Current & Previous IPOs

CompanyIPO OpenIPO CloseType
ARC Insulation  & Insulators IPO21st August 202525th August 2025SME
Mangal Electricals Industries IPO20th August 202522nd August 2025Mainboard
Patel Retail IPO19th August 202521st August 2025Mainboard
Vikram Solar IPO19th August 202521st August 2025Mainboard
Gem Aromatics IPO19th August 202521st August 2025Mainboard
Shreeji Shipping Global IPO19th August 202521st August 2025Mainboard
LGT Business Connextions IPO19th August 202521st August 2025SME
Studio LSD IPO18th August 202520th August 2025SME
Regaal Resources IPO12th August 202514th August 2025Mainboard
Bluestone Jewellery IPO11th August 202513th August 2025Mainboard
JSW Cement IPO7th August 202511th August 2025Mainboard

Read Our Articles on the Best Stocks

Tech Stocks in India to Invest in 2025 | Tech Sector Stocks 

Best Battery Stocks in India to Invest in 2025 | Battery Sector Stocks 

Best Shipping Stocks in India to Invest in 2025 | Shipping Sector Stocks 

Paint Stocks in India to Invest in 2025 | Paint Sector Stocks 

Paper Stocks in India to Invest in 2025 | Paper Sector Stocks 

Best Semiconductor Stocks in India 2025 

Best Large Cap Stocks in India 2025 

Green Energy Penny Stocks

Best Cement Stocks To Invest in India

Also Explore

Best Stocks Multibagger Stocks Penny StocksFundamentally Strong Stocks Sector-Wise StocksPSU /Government Stocks
For the Next 10 YearsFor the Next 5 YearsSolar Penny StocksOn BSESolar Energy SectorPSU Stocks List
Long Term Below 100 RsTop 5 Penny StocksFor Long-TermHospitality Sector PSU Stocks in 2025
Best Bike StocksFor 2025Best Penny Stocks in IndiaPenny SharesHotel SectorGovernment Stocks in 2024
Best Liquor StocksHigh-Growth StocksFor 2025Agriculture SectorGovernment Stocks List
Best Railway StocksUnder 500Penny Stocks Pharma SectorGovernment Stocks in 2025
Best Auto StocksFor 2026Oil and Gas Sector

Univest Screeners

ExclusiveIndicesBreakouts
Buy in the Short TermNifty Small Cap 100Daily Fresh Breakouts
Buy in the Long TermNifty MidcapWeekly Breakouts
FII Holdings ChangeNifty BankOversold Stocks
Golden CrossoverSensexNearing Breakout
Upcoming DividendsNifty Fin Service
DII Holdings ChangeBankex
High Dividend StocksNifty Mid Cap 100
Earnings AnnouncedNifty 50
Fundamentally Strong 
Top Gainers
Top Losers
Low Debt Mid Caps
Cash-Rich Small Caps
Volume Shockers
52-Week High 
52-Week Low

Explore Webstories on Univest 

1. Best Time To Buy Dividend Stocks

2. How RBI Policies Affect Dividend Stocks

3. Can Dividend Stocks Beat Inflation

4. What Is The Dividend Aristocrat List

5. Which Indian Psus Offer The Best Dividends

6. Large Cap Vs Small Cap Dividend Stocks

icon

100% Safe & Secure Platform.

Univest encrypts all data and transactions to ensure a completely secure experience for our members.

Copyright

2025 Univest. All rights reserved. | Designed with ❤️ in India
About Univest
About: Univest is a cutting-edge stock market platform designed to help traders and investors maximize their returns with expert-driven advisory services and seamless trading execution. Whether you're a seasoned trader or just starting, Univest simplifies your investment journey with actionable trade recommendations, AI-powered portfolio insights, and a fully integrated brokerage experience. With Univest, you gain access to proven stock market advisory, offering expert trade ideas for stocks, futures, options, and commodities. Our one-click trade execution feature eliminates slippage, ensuring instant execution through our advisory-first brokerage. Smart portfolio management allows you to identify underperforming stocks, optimize your investments, and receive real-time alerts. Additionally, Univest provides seamless investment opportunities beyond stocks, including mutual funds, bonds, fixed deposits, and insurance (coming soon). Join over 40 lakh active investors who trust Univest to make informed and profitable trading decisions. Start investing smarter today! 🚀  
Attention Investors : To ensure a smooth trading experience and prevent unauthorized transactions, investors must update their mobile number and email ID with their stockbroker or depository participant. As per regulatory requirements, investors are required to pay a stipulated amount as an upfront margin for trading in the Cash/FO segment. We encourage all investors to regularly check their securities in the Consolidated Account Statement (CAS) issued by depository to verify their holdings.Always verify alerts and transaction details received directly from the exchange or NSDL before proceeding with any trades. Please do not make payments through unverified email links, WhatsApp, or SMS. Always trade through a registered stockbroker and verify all details before making financial decisions.
 
Disclaimer: Investments in the securities market are subject to market risks. Please read all related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. For more disclaimer /disclosure, visit https://univest.in/stock-broker or Univest App.We collect and use your contact information for legitimate business purposes, including providing updates on our products and services. We do not sell or rent your contact information to third parties. By submitting your details, you authorize us to contact you via Call/SMS, even if you are registered under DND. This authorization remains valid for 12 months.For grievances, please contact us at hello@unibrokers.in .
 
Univest Stock Broking Disclosures
Univest Stock Broking Private Limited - SEBI Reg. No. INZ000317437 (Stock Broker), NSE TM Code: 90392, BSE TM Code: 6866, MCX TM Code: 57290 and ICCL- Self Clearing Member Code: 6866, SEBI Reg. No. IN-DP-779-2024 (Participant), NSDL DP ID: IN304748.
 Risk Disclosures on Derivatives
1. 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
2. On an average, loss makers registered net trading loss close to ₹ 50,000
3. Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
4. Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Attention Investors: As per NSE circular dated July 6, 2022: https://nsearchives.nseindia.com/content/circulars/INSP52900.pdf, BSE circular dated July 6, 2022: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220706-55, MCX circular dated July 11, 2022: https://www.mcxindia.com/docs/default-source/circulars/english/2022/july/circular-418-2022.pdf?sfvrsn=9401991_0, investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. 
Investors are further cautioned to avoid practices like:
a. Sharing 
i) trading credentials – login id and passwords including OTPs.
ii) trading strategies,
iii) position details.
b. Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.
c. Writing/ selling options or trading in option strategies based on tips, without basic knowledge and understanding of the product and its risks.
d. Dealing in unsolicited tips through platforms like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.
e. Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.
 Kindly read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets: https://nsearchives.nseindia.com/content/circulars/INSP49434.pdf
Kindly, read the advisory as prescribed by the Exchange with reference to their circular: NSE/ISC/51035 dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: https://www.nseindia.com/resources/exchange-communication-circulars# 
Attention Investors: Prevent unauthorised transactions in your Demat account by updating your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your Demat account directly from NSDL on the same day. Prevent unauthorised transactions in your Trading account by updating your mobile numbers/email addresses with your stock brokers. Receive information on your transactions directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of investors. KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (Broker, DP), you need not undergo the same process again when you approach another intermediary. As a business, we don’t give stock tips and have not authorised anyone to trade on behalf of others. If you find anyone claiming to be part of Univest Stock Broking Private Limited and offering such services, please send us an email at hello@unibrokers.in
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
Update your email ID and mobile number with your stockbroker/depository participant and receive an OTP directly from the depository on your registered email ID and/or mobile number. Check your securities/mutual funds/bonds in the Consolidated Account Statement (CAS) issued by NSDL every month.
Attention Investors: SEBI has established an Online Dispute Resolution Portal (ODR Portal) for resolving disputes in the Indian Securities Market. This circular streamlines the existing dispute resolution mechanism, offering online conciliation and arbitration, benefiting investors and listed companies https://www.sebi.gov.in/legal/circulars/jul-2023/online-resolution-of-disputes-in-the- indian-securities-market_74794.html. ODR portal for Investors - https://smartodr.in/login.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.
General
arrow down