GLEN Industries IPO Details
| IPO Open Date: | July 8, 2025 |
| IPO Close Date: | July 10, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹92 to ₹97 Per Share |
| Issue Size: | Approx ₹63.02 Crores |
| Fresh Issue: | Approx ₹63.02 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
GLEN Industries IPO Market Lot
The GLEN Industries IPO minimum market lot is 1200 shares with ₹1,16,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹1,16,400 |
| Retail Maximum | 1 | 1200 | ₹1,16,400 |
| S-HNI Minimum | 2 | 2,400 | ₹2,32,800 |
Revised Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,32,800 |
| Retail Maximum | 2 | 2,400 | ₹2,32,800 |
| S-HNI Minimum | 3 | 3,600 | ₹3,49,200 |
GLEN Industries IPO Dates
The GLEN Industries IPO date is 8 July and the close date is 10 July. The GLEN Industries IPO allotment will be finalized on 11 July and the IPO listing on 15 July.
| IPO Open Date: | July 8, 2025 |
| IPO Close Date: | July 10, 2025 |
| Basis of Allotment: | July 11, 2025 |
| Refunds: | July 14, 2025 |
| Credit to Demat Account: | July 14, 2025 |
| IPO Listing Date: | July 15, 2025 |
Promoters of GLEN Industries IPO
The promoters of the company are Mr. Lalit Agrawal, Mrs. Lata Agrawal, Mr. Nikhil Agrawal, and Mrs. Niyati Seksaria.
About GLEN Industries IPO
Glen Industries Limited, founded in 2007, is one of the leading companies involved in the manufacturing of eco-friendly food packaging and service products, mainly thin Wall Food Containers, Polylactic Acid (PLA) Straws, and Paper Straws especially for the Hotel, Restaurant, and Cafe/Catering (HoReCa) sector, Beverage industry and food packaging industry. Initially, the company started its business as “Glen Stationery Private Limited” and then later changed it to Glen Industries Limited in order to manufacture all types of stationery and printing materials.
As of 2019, the company started its manufacturing operation of Thin Wall Food Containers with a production capacity of 195 MT/month, and with constant expansion and up-gradation of technology, our capacity currently stands at 665 MT/month, running at its maximum capacity. Currently, the company is dedicated to establishing a 90,000 sq. ft. manufacturing facility in Dhulagarh with advanced machines, technologies, and skilled staff in order to improve production and quality. Europe, the USA, Australia, the Middle East, and Africa are some of the countries where the company exports its products. The company has 25 loyal customers shows the company’s commitment to quality and consistency.
GLEN Industries IPO Company Financial Report
The company reported revenue of ₹171.28 crores in 2025 against ₹145.22 crore in 2024. The company reported profit of ₹18.27 crores in 2025 against profit of ₹8.58 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹96.71 | ₹91.68 | ₹3.85 | ₹117.11 |
| 2023 | ₹119.59 | ₹114.15 | ₹0.57 | ₹137.07 |
| 2024 | ₹145.22 | ₹133.70 | ₹8.58 | ₹160.32 |
| 2025 | ₹171.28 | ₹146.65 | ₹18.27 | ₹214.36 |
GLEN Industries IPO Valuation – FY2025
Check GLEN Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 45.43% |
| ROCE: | 16.94% |
| EBITDA Margin: | 23.60% |
| PAT Margin: | 10.70% |
| Debt to equity ratio: | 2.28 |
| Earning Per Share (EPS): | ₹10.4 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 45.43% |
| Net Asset Value (NAV): | ₹33.23 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Rajshree Polypack Limited | 1.09 | 24.94 | 4.98% | 21.73 | 334.70 Cr. |
Objects of the Issue
- Setting Up a new manufacturing facility at Purba Bardhaman, PS – Jamalpur, Gram Panchayat: Jougram, Mouza – Jaugram, JL no 114, West Bengal 713166
- General Corporate Purpose
GLEN Industries IPO Review
- IPO Watch – May Apply
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GLEN Industries IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
GLEN Industries Limited
Rajveena, 2nd Floor,
50A, Block-C,
New Alipore
Phone: +91 9831087598
Email: [email protected]
Website: http://www.glen-india.com/
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Note: The GLEN Industries IPO price band and date are officially announced. The (GLEN Industries IPO grey market premium) will be added to the IPO GMP page as it will start).
