GLEN Industries IPO

180.77x

subscribed

GLEN Industries IPO

Packaging
listed
₹2.21LMin. investment
  1. Pre-apply
    7 Jul
  2. Bid start
    8 Jul
  3. Bid end
    10 Jul
  4. Allotment
    11 Jul
  5. Release of funds
    14 Jul
  6. Demat transfer
    14 Jul
  7. Listing
    15 Jul

GLEN Industries Limited IPO Details

SectorPackaging
Price range₹92.00 – ₹97.00
IPO type
SME
Lot size1200 shares
Issue size₹63Cr
Red Herring Prospectus
Read
Market Cap
₹233.4CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹170.66CrLower than sector avg
Growth rate3Y CAGR
19.83%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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AGI Greenpac LtdAGI Greenpac Ltd
Uflex LtdUflex Ltd
TCPL Packaging LtdTCPL Packaging Ltd
Revenue
Higher revenue means strong sales and good market demand
This IPO
₹170.66Cr
This sector
₹548.46Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
19.83%
This sector
0.02%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹18.27Cr
This sector
₹22.31Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹233.4Cr
This sector
₹769.01Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
9.33
This sector
26.76
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
2.28
This sector
0.72
Compare with companies

Objectives

Capital expenditure
75.73%
General corporate purposes
24.20%

About GLEN Industries Limited

Incorporated in 2007, Glen Industries manufactures a diverse range of food packaging products, including thin-wall food containers, polylactic acid straws, and paper straws, primarily serving the hotel, restaurant, catering and beverage industry. It operates through two primary segments: thin-wall food containers (contributing 73.53% of FY25 revenue) and straws including PLA straws (20.22% of revenue) and Paper straws (5.68% of revenue). The company also exports its products to Europe, the USA, Australia, the Middle East, and Africa. The company has received repeated business from 25+ customers over the years. In FY25, domestic sales contributed 66.52% while exports contributed 33.48% to total revenue.

GLEN Industries IPO Subscription Status

Date
QIB
NII
Retail
Total
08-Jul-25
0.0 times (X)
1.81 times (X)
2.24 times (X)
1.08 times (X)
09-Jul-25
0.65X
11.81X
18.37X
8.62X
10-Jul-25
77.17X
390.89X
222.85X
180.77X

Frequently asked questions

How to invest in the GLEN Industries IPO ?

Investors can apply for the GLEN Industries IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of GLEN Industries IPO ?

The issue size of the GLEN Industries IPO is 63 Cr.

What is 'pre-apply' for GLEN Industries IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will GLEN Industries IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.