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Glottis IPO

  • Status: Closed
  • RHP:
  • ₹ 13,680 / 114 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    07 Oct 2025

  • Listing Price

    ₹88.00

  • Listing Change

    -31.78%

  • Last Traded Price

    ₹58.96

Glottis IPO Details

  • Open Date

    29 Sep 2025

  • Close Date

    01 Oct 2025

  • Listing Date

    07 Oct 2025

  • IPO Price Range

    ₹ 120 to ₹129

  • IPO Size

    ₹ 307.00 Cr

  • Listing Exchange

    BSE, NSE

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Timeline Financials SWOT FAQ Contacts

Glottis IPO Timeline

Glottis IPO Subscription Status

Last Updated: 01 October 2025 5:49 PM by 5paisa

Glottis Limited, launching a ₹307.00 crores IPO, is a logistics solutions company offering comprehensive transportation services via ocean, air, and road. Providing end-to-end, multimodal logistics across various sectors, the company optimises the movement of goods globally. Its services include ocean and air freight forwarding, road transport, warehousing, cargo handling, 3PL, and customs clearance. In FY 2024, Glottis handled around 95,000 TEUs of imports. Operating from 8 branches across India, it exports to Europe, the Americas, Africa, the Middle East, and Asia.
 
Established in: 2024
 
Managing Directors:  Mr.  Ramkumar Senthilvel, Mr. Kuttappan Manikandan.

Name of the company Glottis Limited Allcargo Logistics Limited Transport Corporation of India Limited
Market Price (MP) (₹) [●] 31.44 1156.50
Face Value (₹ per share) 2 2 2
Revenue from operations (₹ in Cr) 941.17 16021.53 4491.78
EPS (₹) - Basic & Diluted 7.02 1.75 55.43
PAT (₹ in Cr) 5.97 0.31 9.26
NAV (₹ Per Share) 12.32 24.65 279.65
P/E [●] 17.95 25.60
RoNW(%) 56.98 2.03 19.42

Glottis Objectives

1. The company will fund capital expenditure for vehicles and containers, ₹132.54 crore.
2. To meet the general corporate purposes of the company.

Glottis IPO Size

Types Size
Total IPO Size ₹ 307.00 Cr
Offer For Sale ₹ 147.00 Cr
Fresh Issue ₹ 160.00 Cr

Glottis IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 114 13,680
Retail (Max) 13 1,482 1,91,178
S-HNI (Min) 14 1,596 1,91,520
S-HNI (MAX) 67 7,638 9,16,560
B-HNI (Min) 68 7,752 9,30,240

Glottis IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB (Ex Anchor) 1.84 28,55,867 52,62,240 67.883
NII (HNI) 3.08 71,39,622 2,20,03,368 283.843
bNII (bids above ₹10L) 3.77 47,59,748 1,79,42,004 231.452
 sNII (bids below ₹10L) 1.71 23,79,874 40,61,364 52.392
Retail Investors 1.47 95,19,496 1,40,20,632 180.866
Total** 2.12 1,95,14,985 4,12,86,240 532.592

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (In ₹Crores.) FY23 FY24 FY25
Revenue 478.27 497.18 941.17
EBITDA 33.47 40.36 78.45
PAT 22.44 30.96 56.14
Particulars (In ₹Crores.) FY23 FY24 FY25
Total Assets 72.08 81.72 156.10
Share Capital 1.00 1.00 16.00
Total Borrowing 30.61 8.08 22.14
Particulars (In ₹Crores.) FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities 25.24 6.82 1.09
Net Cash Generated From / (used in) Investing Activities -19.72 8.78 -8.64
Net Cash Generated From / (used in) financing activities -22.54 -22.74 11.73
Net Increase (Decrease) In Cash And Cash Equivalents -17.02 -7.15 4.18


Strengths

1. The company offers end-to-end multimodal logistics solutions.
2. Strong presence with eight branches across India.
3. Expertise in ocean, air, and road transport.
4. Handles large import volumes, around 95,000 TEUs.

Weaknesses

1. Limited international branch presence outside India.
2. Heavy reliance on freight forwarding services.
3. High capital expenditure requirements for fleet expansion.
4. Potential operational complexities with multimodal transport management.

Opportunities

1. Expanding exports to emerging international markets.
2. Growing demand for integrated 3PL and warehousing services.
3. Adoption of technology for logistics optimisation.
4. Strategic partnerships with global shipping companies.
 
 

Threats

1. Intense competition in domestic logistics sector.
2. Fluctuations in fuel and transportation costs.
3. Regulatory changes impacting import-export operations.
4. Global economic slowdown affecting trade volumes.

1. The company has strong multimodal logistics capabilities.
2. Established network across major Indian transportation hubs.
3. Growing demand for 3PL and freight solutions.
4. Experienced management with proven operational expertise.

The logistics industry in India is rapidly expanding due to growing trade, e-commerce, and infrastructure development. Glottis Limited, with its multimodal capabilities across ocean, air, and road transport, is well-positioned to capitalise on this growth. Increasing demand for integrated 3PL services, warehousing, and efficient supply chain solutions presents significant opportunities. The company’s established network and expertise enable it to capture rising domestic and international freight volumes effectively.

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FAQs

Glottis IPO opens from September 29, 2025 to October 1, 2025.

The size of  Glottis IPO is ₹307.00 Cr.

The price band of Glottis IPO is fixed at ₹120 to ₹129 per share.

To apply for Glottis IPO, follow the steps given below:
 
1. Login to your 5paisa demat account and select the issue in the current IPO section    
2. Enter the number of lots and the price at which you wish to apply for the Glottis IPO.    
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    
 
You will receive a mandate notification to block funds in your UPI app.

The minimum lot size of  Glottis IPO is of 114 shares and the investment required is ₹14,706.

The share allotment date of Glottis IPO is October 3, 2025

The Glottis IPO will likely be listed on October 7, 2025.

Pantomath Capital Advisors Pvt. Ltd. is the book running lead manager for Glottis IPO.

Glottis IPO plans to utilise the raised capital from the IPO for:
1. The company will fund capital expenditure for vehicles and containers, ₹132.54 crore.
2. To meet the general corporate purposes of the company.