How to Check Glottis IPO Allotment Status?

Glottis Limited is a logistics solutions company offering comprehensive transportation services through ocean, air, and road logistics, incorporated in June 2024, providing end-to-end logistics solutions with multimodal capabilities across various sectors optimizing movement of goods, offering services including ocean freight forwarding with project cargo loads and full container loads for import and export, air freight forwarding, road transportation, and ancillary services such as warehousing, storage, cargo handling, third-party logistics, and customs clearance, having handled approximately 95,000 TEUs of imports via ocean freight during Fiscal Year 2024, operating through 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin with registered and corporate offices in Chennai, serving 1,246 customers across 119 countries for six months ended September 2024, maintaining network of 171 overseas agents, 98 shipping lines, 52 transporters, 43 customs house agents, 22 airlines, and 20 consol agents as of January 10, 2025, owning 17 commercial vehicles.

The Glottis IPO came with a total issue size of ₹307.00 crore, comprising a fresh issue of 1.24 crore shares aggregating to ₹160.00 crore and offer for sale of 1.14 crore shares aggregating to ₹147.00 crore. The IPO opened on September 29, 2025, and closed on October 1, 2025. The allotment for the Glottis IPO is expected to be finalized on Friday, October 3, 2025. The Glottis IPO share price band was set at ₹120 to ₹129 per share.

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Steps to Check Glottis IPO Allotment Status on Registrar Site

• Visit the Kfin Technologies Ltd.
• Select "Glottis" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Glottis IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Glottis" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Glottis IPO Subscription Status

Glottis IPO received moderate investor interest, being subscribed 2.12 times overall. The subscription showed balanced confidence with solid participation across categories. Here is a category-wise breakdown of the subscription as of 5:04:50 PM on October 1, 2025:

• Non-Institutional Investors (NII): 3.08 times.
• QIB Category (Ex Anchor): 1.84 times.
• Retail Investors: 1.47 times.

Glottis IPO Share Price and Investment Details

The Glottis IPO stock price band was set at ₹120 to ₹129 per share with a minimum lot size of 114 shares. The minimum investment required for retail investors was ₹14,706 for 1 lot (114 shares). The issue included up to 42,83,755 shares allocated to anchor investors raising ₹55.26 crore. Given the moderate subscription response of 2.12 times overall, with solid NII participation at 3.08 times, modest institutional interest at 1.84 times, and moderate retail subscription at 1.47 times, the Glottis IPO share price is expected to list with modest premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Capital expenditure for purchase of commercial vehicles and containers: ₹132.54 crore.
• General corporate purposes: Remaining amount.

Business Overview

Glottis Limited operates as one of leading freight forwarding players in Renewable Energy Industry, wide network of intermediaries coupled with optimum utilization of asset portfolio, scaled multimodal logistics operations with capabilities of handling diverse projects, longstanding relationships with diverse set of customers across industries, widespread international presence across over 100 countries, and skilled experienced management team while demonstrating exceptional financial performance with 89% revenue increase and 81% PAT rise between FY24-FY25, maintaining outstanding financial metrics with 56.98% ROE and low debt-equity ratio of 0.22, though the extraordinary earnings for FY25 raise questions about sustainability. The company, incorporated only in June 2024, enjoys positioning in integrated logistics solutions sector with multimodal capabilities and strong international network, positioned to benefit from India's growing logistics sector and renewable energy industry expansion.