Glottis IPO was subscribed 2.12 times on the last day. The retail quota was subscribed over 1.47 times, NII was subscribed over 3.08 times, and QIB was subscribed 1.84 times, respectively.
Details About Glottis IPO
Glottis IPO received approval from SEBI for an IPO worth ₹307.00 crores. In this IPO fresh issue was ₹160 crores and offer for sale up to 1,13,95,640 equity shares with face value of ₹2 each.
Further, the Glottis IPO had a set price band between ₹120 to ₹129 per Share.
Glottis IPO consists of 114 shares in 1 lot sizes for retail minimum and for retail maximum categories, 1482 shares in 13 lot sizes as well. While 1,596 shares were in 14 lot sizes for the S-HNI. S-HNI maximum category has shares around 7,638 in 67 lot sizes. B-HNI minimum 7,752 shares in 68 lot sizes.
To invest in the Glottis IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,706.
- Retail Investors: Maximum investment of ₹1,91,178.
- SHNI (S-HNI): Minimum investment of ₹2,05,884.
- S-HNI Maximum investment of ₹9,85,302.
- B-HNI: Minimum Investment of ₹10,00,008.
Glottis IPO Subscription Duration
Glottis IPO opened on September 29, 2025, and closed on October 1, 2025. The Glottis IPO allotment date was scheduled on October 3, 2025. Glottis ‘s IPO listing date is on October 7, 2025.
Glottis IPO funds deployment
A portion of IPO money would be utilised for the Funding of capital expenditure requirements of our Company towards the purchase of commercial vehicles and containers.
A portion of IPO money would be utilized for the General Corporate Purpose.
About the Glottis IPO Company
Glottis Limited, founded in June 2024, is a leading logistics solutions company. It provides comprehensive services across ocean, air, and road transport, offering end-to-end logistics solutions using multiple modes of transportation.
Moreover, the Glottis also offers additional services such as warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearance. Glottis Limited managed around 95,000 TEUs of imported cargo through ocean freight in FY24.
