The Glottis IPO will open on September 29, 2025, and close on October 1, 2025. The Glottis IPO is a book-built issue. The company will raise approximately ₹307.00 crore through the IPO, consisting of a fresh issue of shares worth ₹160 crore and an offer for sale of 1,13,95,640 equity shares with a face value of ₹2.
The price band for the Glottis IPO is ₹120 to ₹129 per share. The share is 40% for retail investors, 30% for QIB investors, and 30% for HNI investors. The Glottis IPO will be listed on the BSE and NSE on October 7, 2025. The IPO allotment date for the Glottis IPO is October 3, 2025.
The company reported revenue of ₹942.55 crore in 2025, compared to ₹499.39 crore in 2024. The company reported a profit of ₹56.14 crore in 2025, compared to ₹30.96 crore in 2024. Based on the financials, IPO investors should invest in the IPO GMP for the long term.
Glottis IPO Details
| IPO Open Date | September 29, 2025 |
| IPO Close Date | October 1, 2025 |
| Face Value | ₹2 Per Equity Share |
| IPO Price Band | ₹120 to ₹129 Per Share |
| Issue Size | Approx ₹307 Crores |
| Fresh Issue | Approx ₹160 Crores |
| Offer for Sale: | Approx 1,13,95,640 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Glottis IPO Market Lot
The Glottis IPO minimum market lot is 114 shares with ₹14,706 application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 114 | ₹14,706 |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| S-HNI Maximum | 67 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 30% |
| NII Shares Offered | – Shares | 30% |
| Retail Shares Offered | – Shares | 40% |
Glottis IPO Anchor Investors
| Anchor Bidding Date | September 26, 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | October 29, 2025 |
| lock-in period end date 50% shares (90 Days) | December 28, 2025 |
Glottis IPO Dates
The Glottis IPO date is September 29 and the close date is October 1. The Glottis IPO allotment will be finalized on October 3 and the IPO listing on October 7.
| IPO Open Date: | September 29, 2025 |
| IPO Close Date: | October 1, 2025 |
| Basis of Allotment: | October 3, 2025 |
| Refunds: | October 6, 2025 |
| Credit to Demat Account: | October 6, 2025 |
| IPO Listing Date: | October 7, 2025 |
| IPO Bidding Cut-off Time: | October 1, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Ramkumar Senthilvel and Kuttappan Manikandan..
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 8,00,00,000 | 98.98% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding of capital expenditure requirements of our Company towards purchase of commercial vehicles and containers; and | 132.54 |
| General Corporate Purpose | – |
About Glottis IPO
To be updated soon
Glottis IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹478.77 | ₹445.45 | ₹22.44 | ₹72.08 |
| 2024 | ₹499.39 | ₹457.83 | ₹30.96 | ₹81.72 |
| 2025 | ₹942.55 | ₹866.68 | ₹56.14 | ₹156.10 |
Glottis IPO Valuation – FY2025
Check Glottis IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 56.98% |
| ROCE: | 72.58% |
| EBITDA Margin: | 8.34% |
| PAT Margin: | 5.97% |
| Debt to equity ratio: | 0.22 |
| Earning Per Share (EPS): | ₹7.02 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 56.98% |
| Net Asset Value (NAV): | ₹12.32 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Allcargo Logistics Limited | 1.75 | 17.95 | 2.03% | 24.65 | 16,021.53 Cr. |
| Transport Corporation of India Limited | 53.43 | 25.60 | 19.42% | 279.65 | 4,491.78 Cr. |