IPO - Initial Public Offerings

 GLOTTIS

  

GLOTTIS LTD. IPO

29 Sep, 10:00 AM

Issue Open

01 Oct, 05:00 PM

Issue Close

114

Lot Size

₹ 120.00 – ₹ 129.00

Price Range

IPO Issue Details

Issue size 307.00 Cr
Market Price 129.00
Registrar Kfin Technologies Ltd
Face Value RS.2 /- Per share
Listing at NSE BSE

About

GLOTTIS LTD. IPO
Incorporated in June 2024, Glottis Limited is a logistics solutions company that offers comprehensive transportation services through ocean, air, and road logistics. The company provides end-to-end logistics solutions with multimodal capabilities across various sectors, optimizing the movement of goods across different regions. Our services include: Ocean freight forwarding, including project cargo loads and full container loads for both import and export Air freight forwarding for both import and export Road transportation Ancillary services such as warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearance During Fiscal Year 2024, Glottis Limited handled approximately 95,000 TEUs of imports via ocean freight. As of Feb 2025, the company operates in India through 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin, with registered and corporate offices in Chennai, covering major transportation hubs. The company has exported its products to the countries such as Europe, North America, South America, Africa, Middle East and Asia. For the six months ended September 2024 and for Fiscals 2024, 2023, and 2022, the company served 1,246, 1,662, 1,513, and 1,476 customers across 119, 100, 87, and 85 countries, respectively. As of January 10, 2025, the company had a network of 171 overseas agents, 98 shipping lines, 52 transporters, 43 customs house agents, 22 airlines, and 20 consol agents, built on longstanding relationships. As of January 10, 2025, the company owns 17 commercial vehicles. Our extensive vehicle and agency network allows us to scale with increasing demand and seize large business opportunities.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 114 ₹ 14,706.00
Retail (Max) 13 1482 ₹ 1,91,178.00
S-HNI (Min) 14 1596 ₹ 2,05,884.00
S-HNI (Max) 67 7638 ₹ 9,85,302.00
B-HNI (Min) 68 7752 ₹ 10,00,008.00

IPO TimeLine

Open Date 29-Sep-2025
Close Date 01-Oct-2025
Basis of Allotment Date 03-Oct-2025
Initiation of Refunds 06-Oct-2025
Credit Shares to Demat A/c 06-Oct-2025
IPO Listing Date 07-Oct-2025