
2.03x
subscribed
Glottis IPO
2.03x
subscribed
About Glottis Limited
Glottis Limited IPO Overview
Glottis Limited IPO date
Glottis Limited IPO will open for subscription on September 29, 2025, and the closing date for the IPO is October 01, 2025. After this, investors are expected to be updated about the allotment status on October 03, 2025.
Investors who have been allotted shares can expect them to be credited to their demat account on October 06, 2025. The shares will be listed on the NSE and the BSE on Tuesday, October 07, 2025.
Glottis Limited IPO price band
The IPO includes a fresh issue and an offer for sale. The IPO price band has been set between ₹120 to ₹129 per share. Interested investors can choose a price within this band to apply for the IPO.
The IPO is a book-building issue, comprising a fresh issue of ₹160 crore.
Glottis Limited's IPO listing price will be determined on October 07, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.
Glottis Limited IPO lot size
Glottis Limited IPO details have been declared. The minimum lot size for an application is 114 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹307 crore.
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Strength and Weakness
With over two decades of experience, Glottis is one of the leading freight forwarding players operating in the renewable energy sector, import and export in India. Its expertise in handling complex and fragile cargo, global presence, and scalable operations position it strongly to benefit from rising renewable energy demand and industry tailwinds.
The company had a network of 256 overseas agents, 124 shipping lines and agencies, 77 transporters, 59 customs house agents, 16 airlines, 32 consol agents and container freight stations, among others. As part of the ocean freight operations, the company obtains the majority of assets and services required for executing its orders from third parties, enabling it to mobilise larger volumes of cargo, reduce the cost and time involved in executing an order.
The company’s logistics services with multimodal capabilities across verticals, with ocean freight import contributing 82.97% of revenue, ocean freight export contributing 11.73%, air freight import 1.47%, air freight export 0.45 % and road transport contributing 3.38 % in FY25.
The company has established long-standing customer relationships with 871 repeat customers served in FY25. It also has a diverse customer base and caters to 1,908 customers spread across multiple industries, including the renewable energy industry, engineering products, home appliances, etc
The operations were spread across 125 countries in FY25. It has operations across regions, including Asia, contributing 89.98% of revenue, North America contributing 3.77%, Africa contributing 2.24% and Europe contributing 2.10% in FY25.
About Glottis Limited
IPO Subscription Status
Frequently asked questions
How to invest in the IPO?
What is the issue size of Glottis IPO ?
What is 'pre-apply' for Glottis IPO ?
Which exchanges will Glottis IPO shares list on?
- Pre-apply26 Sep 2025
- Bidding starts29 Sep 2025
- Bidding ends1 Oct 2025
- Allotment finalisation3 Oct 2025
- Release of funds6 Oct 2025
- Demat transfer6 Oct 2025
- Listing7 Oct 2025