Glottis IPO launched with a total issue size of ₹307.00 crore, structured as a combination of a fresh issue and an offer for sale (OFS). The fresh issue comprises 1.24 crore equity shares, aggregating to ₹160.00 crore, while the OFS includes 1.14 crore shares, totaling ₹147.00 crore, allowing existing shareholders to partially offload their stake.
The IPO opens for public subscription on September 29, 2025, and closes on October 1, 2025. The basis of allotment is expected to be finalised by October 3, 2025, with the company's shares proposed to be listed on both the BSE and NSE. The tentative listing date is set for October 7, 2025. The price band for the IPO is fixed at ₹120 to ₹129 per share, with a lot size of 114 shares
Glottis Ltd launched a ₹307 crore Initial Public Offering (IPO), comprising a mix of fresh equity issuance and an offer for sale (OFS). The public issue includes a fresh issue of 1.24 crore equity shares amounting to ₹160 crore, and an OFS of 1.14 crore shares worth ₹147 crore, allowing existing shareholders to divest part of their holdings.
The IPO opens for subscription on September 29, 2025, and will close on October 1, 2025. The allotment of shares is expected to be finalised on October 3, 2025, and the company plans to list on the BSE and NSE with a tentative listing date of October 7, 2025.
The table below breaks down the Glottis share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered | Maximum Allottees |
QIB Shares Offered | 71,39,622 (30.00%) | NA |
NII (HNI) Shares Offered | 71,39,622 (30.00%) | NA |
Retail Shares Offered | 95,19,496 (40.00%) | 83,504 |
Total Shares Offered | 2,37,98,740 (100.00%) |
Data Source: NSE
Category | Subscription (times) |
Qualified Institutional Buyers | 1.80 |
Non-Institutional Investors | 2.61 |
Retail Individual Investors | 1.26 |
Total shares | 1.84 |
Note: The subscription details are as of October 01, 2025, at 3:05 PM
Established in June 2024, Glottis Limited is a rapidly growing logistics solutions provider offering end-to-end multimodal transportation services across ocean, air, and road networks. The company specialises in delivering integrated logistics solutions tailored to the needs of diverse industries, enabling efficient and seamless movement of goods across domestic and international markets.
Glottis Limited’s service portfolio includes:
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Oct 1, 2025, 3:14 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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