The Glottis IPO began on 29 September 2025. It will close on 01 October 2025. The Total IPO Size is 307 Crores. The company set its IPO price at 129 Rs Per Share.
There are three basic categories in Glottis IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Glottis offer multi-modal integrated logistics solutions, which include end to end transportation solutions through
ocean, air and road logistics services.
The Company delivers end-to-end logistics solutions with multimodal capabilities across verticals to optimize the movement of goods across geographies including (i) ocean freight forwarding (project cargo load and full container load, import as well as export); (ii) air freight forwarding (import as well as export); (iii) road transportation; along with other ancillary services, including warehousing, storage, cargo handling, third-party logistics (“3PL”) services and custom clearance, among others.
They operate PAN-India through a network of 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru and Cochin; and registered and corporate offices in Chennai to cover major transportation hubs.
Glottis IPO (Object of the Issue)
1. Funding of capital expenditure requirements of our Company towards purchase of commercial vehicles and containers; and
2. General corporate purposes.
IPO Promoters
Ramkumar Senthilvel and Kuttappan Manikandan are Promoters of the company.
Glottis IPO Date, Details & Price Band
The Glottis IPO Price Band, IPO Dates, Market lot and other details mentioned in the table below.
IPO Opening Dates | 29-September-2025 |
IPO Closing Dates | 01-October-2025 |
Price | 120-129 Rs |
Fresh Issue | 160.00 Crores |
Offer for sale | 147.00 Crores |
Total IPO size | 307.00 Crores |
Face Value | 2 INR Per Share |
Issue Type | Book Built Issue |
QIB Allocation | 50% |
HNI Allocation | 15% |
Retail Allocation | 35% |
Listing On | NSE, BSE |
Glottis IPO Market Lot
The Glottis IPO minimum market lot is 114 shares with a 14,706 ₹ Amount per application.
Lot | No of Shares | Amount | |
Retail Minimum | 1 | 114 | 14,706 ₹ |
Retail Maximum | 13 | 1,482 | 1,91,178 ₹ |
S-HNI Minimum | 14 | 1,482 | 2,05,884 ₹ |
S-HNI Maximum | 67 | 7,638 | 9,85,302 ₹ |
B-HNI Minimum | 68 | 7,752 | 10,00,008 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
Total Assets | Total Revenue | Profit After Tax | |
31-Mar-25 | 156.10 | 942.55 | 56.14 |
31-Mar-24 | 81.72 | 499.39 | 30.96 |
31-Mar-23 | 72.08 | 478.77 | 22.44 |
Glottis IPO GMP & Grey Market Premium
The Glottis IPO GMP (Grey Market Premium) has started today. Check the Latest Glottis IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Glottis IPO Prospectus
The Glottis IPO Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the Glottis IPO Prospectus.
DRHP | Download |
RHP | Download |
Anchor Investor List | – |
Glottis IPO Allotment Date & Details
Allotment Date | 03-Oct-2025 |
Initiation of refunds | 06-Oct-2025 |
Transfer of shares to Demat accounts | 06-Oct-2025 |
Listing Date | 07-Oct-2025 |
Check Allotment Status | Click here |
Registrar of Glottis
KFin Technologies Limited
Selenium Tower B, Plot No. 31 and 32
Financial District, Nanakramguda
Serilingampally, Hyderabad – 500 032, Telangana, India.
Telephone: +91 40 6716 2222/180 030 94001
Email: [email protected]
Website: www.kfintech.com
Investor grievance e-mail: [email protected]
Contact person: M. Murali Krishna
SEBI registration no.: INR000000221
CIN: L72400TG2017PLC117649
Glottis Contact Details
Glottis Ltd.
New No. 46, Old No. 311
1st Floor
Thambu Chetty Street
Chennai, Tamil Nadu, 600001
Phone: +91 444266 5587
Email: [email protected]
Website: https://www.glottislogistics.in/
Glottis IPO Lead Managers
Pantomath Capital Advisors Private Limited
Pantomath Nucleus House, Saki Vihar Road
Andheri East, Mumbai – 400 072
Maharashtra, India.
Telephone: 180 088 98711
Email: [email protected]
Investor grievance email: [email protected]
Contact Person: Ashish Baid/ Ritu Agarwal
Website: www.pantomathgroup.com
SEBI Registration number: INM000012110
CIN: U64990MH2013PTC248061