Glottis IPO allotment finalised: How to check status online on KFin Technologies, NSE, BSE; listing date and time here

Glottis IPO allotment: The basis of allotment of Glottis Ltd was finalised on Friday, October 3. The details are available on the websites of registrar KFin Technologies, the NSE and the BSE.

The ₹307 crore initial public offering was subscribed 2.05 times, as it secured bids for 4,12,93,878 shares compared to 2,01,23,929 shares on offer.

The part reserved for non-institutional investors was booked 2.97 times, while the category for qualified institutional buyers was subscribed 1.87 times. Retail investors' quota was subscribed 1.42 times.

The Chennai-based company's IPO, with a price band of ₹120 to ₹129 per share, comprised a fresh issue of ₹160 crore and an offer for sale of up to ₹147 crore by the promoters.

The fresh issue proceeds will be utilised for buying commercial vehicles, debt clearance and general corporate purposes.

Glottis is a leading integrated logistics service provider with a focus on energy supply chain solutions.

Glottis IPO allotment date and time

Glottis IPO allotment status online on NSE; check full steps

• Go to this page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Opt for ‘Equity & SME IPO bid details’
• Choose 'GLOTTIS' from the 'Select Symbol' list
• Add your PAN and application number
• Hit the 'Submit' button

How to check Glottis IPO allotment status online on BSE

• Open the IPO allotment website of BSE: https://bseindia.com/investors/appli_check.aspx
• Choose the 'Equity' option
• Pick 'Glottis Ltd' from the issue names
• Mention your application number and PAN card details
• Click on the 'Search' button

Steps to check Glottis IPO allotment status online on KFin Technologies

• Visit the IPO allotment website of KFin Technologies: https://ipostatus.kfintech.com/
• In the ‘Select IPO’ list, pick ‘Glottis Ltd’
• Add IPO application number, Demat account number or PAN
• Press ‘Submit’

Glottis IPO listing date

Shares of Glottis will be listed on the NSE and the BSE on Tuesday, October 7.

Glottis IPO GMP

According to investorgain.com and media reports, Glottis' unlisted shares are trading at ₹130 per share, reflecting a grey market premium of 0.78% over the upper price band of ₹129.