Glottis IPO

Glottis IPO Details

Glottis IPO is a book-built issue worth ₹307.00 crore. The issue is a mix of fresh issue of 1.24 crore shares worth ₹160.00 crores and offer for sale (OFS) of 1.14 crore shares, valuing ₹147.00 crore. The IPO will open for subscription on September 29, 2025, and close on October 01, 2025.

The basis of allotment is expected to be finalised on October 03, 2025, with tentative listing scheduled on BSE and NSE for October 07, 2025. The price band for the Glottis IPO has been fixed between ₹120 to ₹129 per share.

Investors can bid for Glottis IPO with a minimum of 1 lot of 114 shares. For retail investors, the minimum investment required is ₹14,706. For small non-institutional investors (sNII), the lot size stands at 14 lots, equal to 1,596 shares, amounting to ₹2,05,884. For big non-institutional investors (bNII), the lot size is 68 lots, which translates to 7,752 shares, requiring an investment of ₹10,00,008.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager (BRLM) and Kfin Technologies Ltd is the registrar of the issue. Detailed information is available in the Glottis IPO RHP.

Glottis IPO Objectives

The company will deploy the funds from the public issue towards following:

• Funding capital expenditure requirements.&nbsp
• General corporate purposes.

About Glottis Limited

Glottis Limited, incorporated in June 2024, was established as a comprehensive logistics solutions provider, offering end-to-end transportation services via ocean, air, and road. The company positioned itself as a key player in the logistics industry by catering to a wide range of sectors and facilitating the seamless movement of goods across regional and global markets.

The company provides integrated logistics services with multimodal capabilities, allowing clients to benefit from a single-window solution for their freight needs. Its core offerings included ocean freight forwarding, including full container loads (FCL) and project cargo for both import and export, air freight services for international shipments, and domestic road transportation.

In addition, Glottis Limited extended ancillary logistics services, such as warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearance—enabling clients to streamline their supply chains efficiently.

As of February 2025, Glottis Limited operated through eight branch offices located in major logistics and port cities across India—namely New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin.

The company exported cargo to a wide range of international markets, including Europe, North America, South America, Africa, the Middle East, and Asia. This broad geographical reach positioned Glottis Limited as a global logistics facilitator, capable of managing cross-border shipments with efficiency and reliability.

Glottis Limited earned a strong reputation for managing large-scale cargo mobilization across industries. Its ability to handle high volumes stemmed from its well-established network of international freight forwarding agencies. These partners provided valuable insights into carrier availability, route optimization, and prevailing freight rates in various global markets.

Industry Outlook

1. The Indian logistics sector has witnessed significant growth, expanding from ₹12.8 trillion in FY19 to ₹23.4 trillion (US$ 276.7 billion) in FY25, registering a CAGR of 10.6%. The industry is expected to further grow at a CAGR of 9.6%, reaching approximately ₹37 trillion (US$ 437.6 billion) by FY30.
2. To improve global competitiveness, the Indian government is actively working to reduce logistics costs from the current ~13% of GDP to 7–8%, aligning with global benchmarks.
3. Sustained investments in transportation infrastructure, warehousing capacity, and supply chain digitisation are acting as key growth enablers. Both public and private sectors are contributing to building a more efficient and technology-enabled logistics ecosystem, which is essential for supporting India's fast-growing economy.
4. India made a notable improvement in the World Bank’s Logistics Performance Index (LPI), moving up 9 positions to rank 38th globally in CY23. This jump reflects better performance in customs, infrastructure, shipment handling, and tracking.

How To Apply for the Glottis IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Glottis IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

How To Check the Allotment Status of Glottis IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Glottis IPO

New No. 46, Old No. 311, 1st Floor, Thambu Chetty Street, Chennai - 600 001, Tamil Nadu, India.

Phone: +91 44 4266 8366

E-mail: Info@glottislogistics.in

Glottis IPO Reservation

Glottis IPO Lot Size Details

Glottis IPO Promoter Holding

Ramkumar Senthilvel and Kuttappan Manikandan are the promoters of the company.

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

Key Performance Indicators for Glottis IPO

Glottis IPO Prospectus

• Glottis IPO DRHP
• Glottis IPO RHP

Glottis IPO Registrar and Lead Managers

Glottis IPO Lead Managers

• Pantomath Capital Advisors Pvt.Ltd

Registrar for Glottis IPO

Kfin Technologies Ltd

• Contact Number: +91 40 6716 2222

Email Address: glottisltd.ipo@kfintech.com