Glottis IPO Listing at 34.88% Discount at ₹129 Per Share

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Posted by : sachet | Tue Oct 07 2025

Glottis IPO Listing at 34.88% Discount at ₹129 Per Share

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Glottis IPO Listing: The Glottis IPO was subscribed 2.12 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 1.84 times the allocation, and non-institutional investors (NIIs) received 3.08 times the allocation. The retail quota of the issue was subscribed to 40.00%. Before delving deeper into the topic, go through the details of the Glottis IPO.

Table of Contents

Glottis IPO Listing

On the NSE (National Stock Exchange), shares are listed at ₹84 per share, representing a 34.88% discount to the issue price of ₹ 129 per share. On the other hand, BSE (Bombay Stock Exchange) shares are listed at ₹88 per share, reflecting a discount of 31.78%.

Glottis IPO Details

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. 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.

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

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.

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