Glen Industries IPO opening date is July 8, 2025 and the IPO will close on July 10, 2025. Glen Industries IPO is a book build issue. The company will raise around Rs 63.02 crore through the IPO, which comprises a fresh issue of Rs 63.02 crore and an offer for sale of equity shares with face value of Rs 10 each. The price band of Glen Industries IPO is around Rs 92 to Rs 97 per share. The retail quota is 35%, QIB 50% and HNI 15%. Glen Industries IPO will be listed on BSE on July 15, 2025. The allotment date of Glen Industries IPO will be July 11, 2025.
The company recorded a revenue of ₹171.28 crores in 2025, while it was ₹145.22 crores in 2024. A profit of ₹18.27 crores in 2025, while it was ₹8.58 crores in 2024. This shows that Kapali is constantly expanding, as per the financials it will be beneficial for the IPO investors to invest in the IPO for profit and long term.
GLEN Industries IPO Details
| IPO Open Date: | July 8, 2025 |
| IPO Close Date: | July 10, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹92 to ₹97 Per Share |
| Issue Size: | Approx ₹63.02 Crores |
| Fresh Issue: | Approx ₹63.02 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
GLEN Industries IPO Market Lot
The GLEN Industries IPO minimum market lot is 1200 shares with ₹1,16,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹1,16,400 |
| Retail Maximum | 1 | 1200 | ₹1,16,400 |
| S-HNI Minimum | 2 | 2,400 | ₹2,32,800 |
Revised Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,32,800 |
| Retail Maximum | 2 | 2,400 | ₹2,32,800 |
| S-HNI Minimum | 3 | 3,600 | ₹3,49,200 |
GLEN Industries IPO Dates
The GLEN Industries IPO date is 8 July and the close date is 10 July. The GLEN Industries IPO allotment will be finalized on 11 July and the IPO listing on 15 July.
| IPO Open Date: | July 8, 2025 |
| IPO Close Date: | July 10, 2025 |
| Basis of Allotment: | July 11, 2025 |
| Refunds: | July 14, 2025 |
| Credit to Demat Account: | July 14, 2025 |
| IPO Listing Date: | July 15, 2025 |
Promoters of GLEN Industries IPO
The promoters of the company are Mr. Lalit Agrawal, Mrs. Lata Agrawal, Mr. Nikhil Agrawal, and Mrs. Niyati Seksaria.
About GLEN Industries IPO
Glen Industries Limited, founded in 2007, is one of the leading companies involved in the manufacturing of eco-friendly food packaging and service products, mainly thin Wall Food Containers, Polylactic Acid (PLA) Straws, and Paper Straws especially for the Hotel, Restaurant, and Cafe/Catering (HoReCa) sector, Beverage industry and food packaging industry. Initially, the company started its business as “Glen Stationery Private Limited” and then later changed it to Glen Industries Limited in order to manufacture all types of stationery and printing materials.
As of 2019, the company started its manufacturing operation of Thin Wall Food Containers with a production capacity of 195 MT/month, and with constant expansion and up-gradation of technology, our capacity currently stands at 665 MT/month, running at its maximum capacity. Currently, the company is dedicated to establishing a 90,000 sq. ft. manufacturing facility in Dhulagarh with advanced machines, technologies, and skilled staff in order to improve production and quality. Europe, the USA, Australia, the Middle East, and Africa are some of the countries where the company exports its products. The company has 25 loyal customers shows the company’s commitment to quality and consistency.
GLEN Industries IPO Company Financial Report
The company reported revenue of ₹171.28 crores in 2025 against ₹145.22 crore in 2024. The company reported profit of ₹18.27 crores in 2025 against profit of ₹8.58 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹96.71 | ₹91.68 | ₹3.85 | ₹117.11 |
| 2023 | ₹119.59 | ₹114.15 | ₹0.57 | ₹137.07 |
| 2024 | ₹145.22 | ₹133.70 | ₹8.58 | ₹160.32 |
| 2025 | ₹171.28 | ₹146.65 | ₹18.27 | ₹214.36 |