Glottis
Upcoming
Upcoming
IPO Timeline
Issue open date
29 Sep 2025Issue close date
1 Oct 2025UPI mandate deadline
1 Oct 2025Allotment finalization
3 Oct 2025Refund initiation
6 Oct 2025Share credit
6 Oct 2025Listing date
7 Oct 2025Mandate end date
15 Oct 2025Lock-in end date for anchor investors (50%)
30 Oct 2025Lock-in end date for anchor investors (remaining)
29 Dec 2025Grey Market Premium Trend
₹15
Current GMP
₹144
Est. Listing Price
11.6%
Est. Listing Gain
₹120 - ₹129
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 26 Sep | ₹15 | ₹144 | 11.63% |
| 25 Sep | ₹15 | ₹144 | 11.63% |
| 24 Sep | ₹15 | ₹144 | 11.63% |
| 23 Sep | ₹0 | ₹129 | 0.00% |
| 22 Sep | ₹0 | ₹129 | 0.00% |
Key Dates
Open
29 Sep 2025Close
1 Oct 2025Listing
7 Oct 2025Quick Stats
Issue Size:307cr
Lot Size:114 shares
Issue Details
Issue Size:307cr
Offer for Sale:1,13,95,640 Shares
Face Value:₹2
Listing At:BSE, NSE
Additional Resources
About the Company
Glottis Limited, founded by Ramkumar Senthilvel and Kuttappan Manikandan in 2004, provides multimodal logistics and freight forwarding services. Based in Chennai, the company mainly handles ocean freight and serves sectors like renewable energy, engineering, and consumer goods.
Strengths
- Leading freight forwarder with expertise in Renewable Energy sector.
- Strong intermediary network with efficient asset portfolio utilisation.
- Scaled multimodal logistics for diverse and complex project handling.
- Established global presence and long-term customer relationships.
- Consistent financial growth driven by an experienced management team.
Risks
No risks provided as of now. Please check back later.
Glottis IPO – Frequently Asked Questions
- The price band for the Glottis IPO is set at ₹120 to ₹129 per share.
- The Glottis IPO opens on September 29, 2025 and closes on October 1, 2025.
- The tentative listing date for the Glottis IPO is October 7, 2025.
- You can apply for the Glottis IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Glottis, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Glottis IPO is 114 shares. Investors must apply for at least one lot (i.e., 114 shares).