Glottis IPO worth ₹307Cr, will open for subscription from 29 Sep to 1 Oct 2025. Glottis IPO allotment is expected on 3 Oct, and shares are likely to be listed on BSE & NSE on 7 Oct. Price band for the IPO is set between ₹120 and ₹129 per share, and Glottis IPO GMP today stands at 0.78%.
Glottis IPO GMP Live Rates Day by Day
Glottis GMP today (2nd Oct 2025) stands at 0.78%. GMP values change daily, and we’ll keep you updated with the latest figures.
Remember, Grey Market Premium (GMP) is an unofficial price at which an IPO trades before listing, offering an early hint of its performance. A positive GMP indicates potential gains, while a negative GMP signals a discount. However, since GMP is highly volatile, investors should not rely on it alone and must consider other factors before investing in Glottis IPO.
GMP figures are for news purposes only. We neither trade nor recommend trading in the grey market.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit |
|---|---|---|---|---|
| 3-10-2025 | ₹129 | ₹1 | ₹130 (0.78%) | ₹114 |
| 2-10-2025 | ₹129 | ₹1 | ₹130 (0.78%) | ₹114 |
| 1-10-2025 | ₹129 | ₹1 | ₹130 (0.78%) | ₹114 |
| 30-09-2025 | ₹129 | ₹5 | ₹134 (3.88%) | ₹570 |
| 29-09-2025 | ₹129 | ₹20 | ₹149 (15.50%) | ₹2280 |
| 28-09-2025 | ₹129 | ₹12 | ₹141 (9.30%) | ₹1368 |
| 27-09-2025 | ₹129 | ₹12 | ₹141 (9.30%) | ₹1368 |
| 26-09-2025 | ₹129 | ₹15 | ₹144 (11.63%) | ₹1710 |
| 25-09-2025 | ₹129 | ₹15 | ₹144 (11.63%) | ₹1710 |
Glottis IPO Details
- Glottis’s IPO is worth ₹307 Cr, which is a combination of fresh issue of 1.24 Cr shares aggregating to ₹160.00 Cr and OFS of 1.14 Cr shares aggregating to ₹147.00 Cr..
- Glottis’s IPO will open for subscription on 29 Sep 2025 and close on 1 Oct 2025. Glottis’s IPO allotment is likely to take place on 3 Oct 2025 and the shares are expected to be listed on BSE and NSE on 7 Oct 2025.
- Glottis’s promoters currently hold 98.98% of the company but after the IPO, promoters' holdings will come down.
- IPO proceeds will be used for capital expenditure of ₹132.54 crore (82.8%) and general corporate purposes of ₹27.46 crore (17.16%).
- Kfin Technologies Ltd. will be the registrar for Glottis's IPO.
Glottis IPO Dates
Here are some important dates for Glottis IPO.
| IPO Open Date | 29-Sep-25 |
| IPO Close Date | 01-Oct-25 |
| IPO Allotment Date | 03-Oct-25 |
| Initiation of Refunds | 06-Oct-25 |
| Demat Credits | 06-Oct-25 |
| Listing Date | 07-Oct-25 |
| Listing on | BSE, NSE |
Glottis IPO Reservation
For Glottis IPO, 40% has been reserved for retail investors.
| Investor Category | Shares Offered |
|---|---|
| QIB Investors | 30% |
| Retail Investors | 40% |
| NII (HNI) Investors | 30% |
Glottis IPO Lot Size
Retail investors can apply for a minimum of 1 lot, which includes 114 shares costing ₹14,706. Maximum investment allowed for retail investors is 13 lots, which totals 1,482 shares and costs ₹1,91,178.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 114 | ₹ 14,706 |
| 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 | 7,752 | ₹ 10,00,008 |
About Glottis IPO
Incorporated in June 2024, Glottis is a logistics solutions provider offering transportation services through ocean, air, and road logistics.
The company delivers end-to-end, multimodal logistics solutions across sectors, covering freight movement and related services such as warehousing, storage, cargo handling, 3PL, and customs clearance.
It operates across India with 8 branches. Glottis exports to regions including Europe, North America, South America, Africa, the Middle East, and Asia.
Glottis IPO Financial Performance
Glottis reported a PAT of ₹56.14 Cr on 31 March 2025 and in FY24 reported ₹30.96Cr. Over the past 3 years, the company has reported positive PAT. All financial details are provided in the table below.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹Cr) | 156.1 | 81.72 | 72.08 |
| Total income (₹Cr) | 942.55 | 499.39 | 478.77 |
| PAT (₹Cr) | 56.14 | 30.96 | 22.44 |
| EBITDA (₹Cr) | 78.45 | 40.36 | 33.47 |
| Net Worth | 98.53 | 42.35 | 11.52 |
| Reserves and Surplus (₹Cr) | 82.53 | 41.35 | 10.52 |
| Total Borrowing (₹Cr) | 22.14 | 8.08 | 30.61 |
| Debt/Equity | 0.22 | 0.19 | 2.66 |
| PAT Margin (%) | 5.97 | 6.23 | 4.69 |
| ROE (%) | 56.98 | 73.1 | 194.82 |
| ROCE (%) | 72.58 | 95.91 | 256.67 |
Glottis IPO Peer Comparison from RHP
Glottis IPO has the decent EPS compared to its peers. Higher EPS is always considered better. Below is a quick comparison of Glottis vs Allcargo Logistics.
The table below shows peer comparison from RHP data.
| Company | EPS Diluted (₹) | P/E (x) |
|---|---|---|
| Glottis | 7.02 | 21.22 |
| Allcargo Logistics | 1.75 | 17.95 |
| Transport Corporation of India | 53.43 | 25.6 |
Glottis IPO Strengths and Weaknesses
Knowing about the strengths and weaknesses of Glottis IPO helps you make an informed decision.
- A leading freight forwarder with strong expertise in the renewable energy sector.
- Ability to handle large and complex logistics projects across multiple modes.
- Strong global presence with long-term customer relationships.
- Steady financial growth backed by an experienced management team.
- Heavy reliance on the renewable energy sector makes revenue less stable.
- High dependence on ocean freight exposes the company to market fluctuations.
- Dependence on third-party partners could disrupt operations.
- Warehousing facilities are limited and concentrated only in Tamil Nadu.
- A large share of revenue comes from a few repeat customers, adding concentration risk.
Glottis IPO GMP FAQs
What is Glottis IPO GMP Today?
Glottis IPO GMP today is Rs 1 up.
What are Glottis IPO Expected Returns?
Glottis IPO Expected Returns is 0.78%, as of 2nd Oct, this may change in the coming days.
When will Glottis IPO open and close?
Glottis’s IPO will open for subscription on 29 Sep 2025 and close on 1 Oct 2025.
What is the lot size for Glottis IPO?
Retail Investors can bid for a minimum of 1 lot, which includes 114 shares. And one lot will cost you around ₹14,706.
What is the share allotment date for Glottis IPO?
The allotment of shares is expected to be completed by 3 Oct 2025.
Who is the registrar of Glottis IPO?
Kfin Technologies Ltd is the registrar for Glottis’s IPO.
Is Glottis IPO good to buy?
Glottis IPO may attract investors with its strong financials, healthy ROE and ROCE, and consistent positive PAT over the past 3 years.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
