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Glen Industries

BSE SMEListed

IPO Timeline

Issue open date

8 Jul 2025

Issue close date

10 Jul 2025

UPI mandate deadline

10 Jul 2025

Allotment finalization

11 Jul 2025

Refund initiation

14 Jul 2025

Share credit

14 Jul 2025

Listing date

15 Jul 2025

Mandate end date

25 Jul 2025

Lock-in end date for anchor investors (50%)

10 Aug 2025

Lock-in end date for anchor investors (remaining)

9 Oct 2025

Grey Market Premium Trend

₹55
Current GMP
₹152
Est. Listing Price
56.7%
Est. Listing Gain
₹92 - ₹97
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
14 Jul₹55₹15256.70%
13 Jul₹55₹15256.70%
12 Jul₹43₹14044.33%
11 Jul₹43₹14044.33%
10 Jul₹40₹13741.24%
9 Jul₹45₹14246.39%
8 Jul₹35₹13236.08%
7 Jul₹30₹12730.93%
6 Jul₹25₹12225.77%
5 Jul₹25₹12225.77%
4 Jul₹25₹12225.77%
3 Jul₹25₹12225.77%
2 Jul₹18₹11518.56%
1 Jul₹0₹970.00%

Key Dates

Open
8 Jul 2025
Close
10 Jul 2025
Listing
15 Jul 2025

Quick Stats

Issue Size:63cr
Lot Size:1200 shares

Issue Details

Issue Size:63cr

About the Company

Established in 2007, GLEN Industries is a manufacturer of food packaging products specializing in thin wall food containers, PLA straws, and paper straws for the HoReCa sector, beverage industry, and food packaging companies. Originally a stationery company, Glen Industries transitioned to food packaging manufacturing in 2019. Operating from West Bengal with production capacity of 665 MT/month for containers, 160 MT/month for PLA straws, and 95 MT/month for paper straws, the company serves Quick Service Restaurants and food, beverage, and dairy industries. Glen Industries maintains certifications including FSSC 22000, ISO 9001:2015, and HACCP standards. The company exports to Europe, USA, Australia, Middle East, and Africa, serving repeat customers with customized packaging solutions and various printing techniques to meet specific market requirements.

Strengths

  • Experienced promoters and leadership ensure strategic execution and sectoral insight.
  • Strong customer ties and an efficient supply chain support growth and market reach.
  • Advanced in-house facilities enable cost-efficient, high-quality production.
  • Robust quality systems and global certifications ensure product safety and reliability.
  • Strong customization capabilities help clients enhance branding and meet niche needs.

Risks

No risks provided as of now. Please check back later.

Glen Industries IPO – Frequently Asked Questions

  • The price band for the Glen Industries IPO is set at ₹92 to ₹97 per share.
  • The Glen Industries IPO opens on July 8, 2025 and closes on July 10, 2025.
  • The tentative listing date for the Glen Industries IPO is July 15, 2025.
  • You can apply for the Glen Industries IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Glen Industries, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Glen Industries IPO is 1200 shares. Investors must apply for at least one lot (i.e., 1200 shares).