Complete Guide to Glottis IPO: Key Details, Analysis and Insights 2025
Complete Guide to Glottis IPO: Key Details, Analysis and Insights 2025
Glottis is launching its IPO from September 29 to October 1, 2025, and here’s all you need to know about this upcoming initial public offering.
Company Overview
Founded: 2004
Industry: Logistics and Freight Forwarding
Glottis Ltd, operating under the name Glottis Logistics, is a prominent logistics corporation based in India. The company has established itself as a global leader in providing tailored freight forwarding services. With nearly two decades of experience, Glottis focuses on offering innovative logistics solutions that enhance efficiency and sustainability in the booming logistics industry.
IPO Details
- IPO Type: Mainline IPO
- Issue Size: ₹307 crore (with a fresh issue of ₹160 crore and an offer for sale of ₹147 crore)
- Price Band: ₹120-₹129 per share
- Lot Size: 114 shares (minimum investment of ₹14,706)
- GMP (Grey Market Premium): ₹8
- Open Date: September 29, 2025
- Close Date: October 1, 2025
- Listing Date: October 7, 2025
IPO Objectives
The primary purposes of the Glottis IPO are to:
- Fund growth initiatives
- Enhance operational infrastructure
- Strengthen financial position through reduced debt
Pre-IPO Placements
No significant pre-IPO placements have been publicly disclosed.
Financial Highlights
Key financial metrics over the last three years indicate strong growth:
- FY23: Revenue ₹941 crore, PAT ₹31.53 crore, ROE of 12%
- FY24: Revenue increased to approximately ₹497 crore (up 89.3% year-on-year)
- FY25 Forecast: Expected revenue growth driven by increased ocean freight volumes and logistics solutions.
Peer Comparison
In comparison with industry peers, Glottis maintains competitive financial ratios:
- Price to Earnings (PE): 18
- Return on Equity (ROE): 12%
- Market Cap: Commensurable within mid-cap logistics firms.
Strengths
- Established market presence with over 20 years of operational history.
- Strong revenue growth trajectory indicating good management efficiency.
- Technologically advanced logistics solutions catering to diverse customer needs.
Risks
- Significant competition from both established and emerging logistics firms.
- Potential fluctuations in demand due to global economic conditions.
- Dependence on external factors such as fuel prices and regulatory changes.
Expert Verdict
The Glottis IPO offers an opportunity to invest in a well-positioned logistics company with strong growth potential. However, investors should weigh the competitive landscape and market conditions before making investment decisions.
Subscription Status
As of today, the Glottis IPO has witnessed a robust interest with a subscription status indicating:
- Qualified Institutional Buyers (QIB): 20.66x
- Non-Institutional Investors (NII): 18.45x
- Retail Investors: 16.78x
Allotment & Listing Timeline
- UPI Mandate Deadline: 5 PM on October 1, 2025
- Allotment Finalization: October 3, 2025
- Refund Initiation: October 6, 2025
- Share Credit: October 6, 2025
FAQs
What documents are required to apply for Glottis IPO?
A PAN card, a bank account, and a Demat account are necessary.
How can I apply for the IPO?
Investors can apply through their respective brokers or through the ASBA facility provided by banks.
When will the shares be listed?
The shares are expected to be listed on October 7, 2025.
