Glottis IPO GMP, Price, Date, Allotment

Glottis IPO Review	Glottis vs Allcargo vs Transport Corp of India
Glottis IPO SWOT Analysis	Glottis IPO Subscription

Glottis IPO Description – Glottis is a multimodal logistics company offering integrated end-to-end transportation solutions through ocean, air, and road services, complemented by warehousing, 3PL, and customs clearance. As of Fiscal 2024, the company handled approximately 1,12,146 TEUs of ocean imports, marking a 88.74% increase from 59,417 TEUs in Fiscal 2023. Glottis operates PAN-India through 8 branch offices and maintains a global presence across 125 countries via international freight forwarding agents and group entities in Singapore, UAE, and Vietnam.

The company served 1,908 customers in Fiscal 2025, with key revenue contributions from the renewable energy sector—including solar, wind, and hydro—alongside clients in engineering, chemicals, home appliances, and agro-industries. Glottis leverages its pre-booking capabilities and widespread international network to ensure capacity, reduce cost volatility, and offer reliable service delivery.

Its structured, technology-driven approach to shipment tracking and customer communication differentiates it in a market dominated by unorganized players. With operations spanning Europe, Africa, the Americas, the Middle East, and Asia, Glottis has emerged as a trusted logistics partner for complex, high-volume supply chains across sectors.

Promoters of Glottis – Ramkumar Senthilvel and Kuttappan Manikandan

Glottis IPO Details

Glottis IPO Dates	29 September – 1 October 2025
Glottis IPO Price	INR 120 – 129 per share
Fresh issue	INR 160 crore
Offer For Sale	1,13,95,640 shares (INR 136.75 – 147.00 crore)
Total IPO size	INR 296.75 – 307.00 crore
Minimum bid (lot size)	114 shares (INR 14,706)
Face Value	INR 2 per share
Retail Allocation	40%
Listing On	NSE, BSE

Glottis Financial Performance

	FY 2023	FY 2024	FY 2025
Revenue	478.27	497.18	941.17
Expenses	445.45	457.83	866.6
Net income	22.44	30.96	56.14
Margin (%)	4.69	6.23	5.97

Glottis Offer News

• Glottis RHP
• Glottis DRHP
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

Glottis Valuations & Margins

	FY 2023	FY 2024	FY 2025 (Pre-Issue)	FY 2025 (Post-Issue)*
EPS	65.92	3.87	7.02	6.08
PE Ratio	–	–	17.09 – 18.38	19.74 – 21.22

	FY 2023	FY 2024	FY 2025
RONW (%)	194.82	73.10	56.98
NAV	1.44	5.29	12.32
ROCE (%)	256.67	95.91	72.58
EBITDA (%)	7.00	8.12	8.34
Debt/Equity	2.66	0.19	0.22

Glottis IPO GMP Today (Daily Trend)

Date	Day-wise IPO GMP	Subject to Sauda
4 October 2025	1	100
3 October 2025	1	100
1 October 2025	15	1,200
30 September 2025	18	1,500
29 September 2025	15	1,300
27 September 2025	20	1,500

Glottis IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

• Funding of capital expenditure requirements of the company towards purchase of commercial vehicles and containers – INR 132.54 crore
• General corporate purposes

Glottis IPO Subscription – Live Updates

Category	QIB	NII	Retail	Total
Shares Offered	28,13,652	74,18,690	98,91,587	2,01,23,929
1 Oct 2025	1.87	2.97	1.42	2.05
30 Sep 2025	1.79	1.08	0.58	0.93
29 Sep 2025	1.79	0.16	0.22	0.42

42,83,755 shares allotted to anchor investors are not included in these calculations.

Glottis – Comparison With Listed Peers

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
Glottis	21.22	6.08	56.98	12.32	941.17
Allcargo Logistics	17.95	1.75	2.03	24.65	16,021.53
Transport Corporation of India	25.60	53.43	19.42	279.65	4,491.78

Glottis IPO Allotment Status

Glottis IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.

Glottis IPO Dates & Listing Performance

IPO Opening Date	29 September 2025
IPO Closing Date	1 October 2025
Finalization of Basis of Allotment	3 October 2025
Initiation of refunds	3 October 2025
Transfer of shares to demat accounts	6 October 2025
Glottis IPO Listing Date	7 October 2025
Opening Price on NSE	INR 84 per share (down 34.88%)
Closing Price on NSE	INR 83.70 per share (down 35.12%)

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Glottis Offer Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Pantomath Nucleus House, Saki Vihar Road,
Andheri East, Mumbai – 400 072 Maharashtra, India
Phone: 18008898711
Email: [email protected]
Website: www.pantomathgroup.com

Glottis Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222/180 030 94001
E-mail: [email protected]
Website: www.kfintech.com

Glottis Contact Details

GLOTTIS LIMITED
Plot Number 164, 13th Cross Street, Defence
Officers Colony, Ekkattuthangal, Nandambakkam,
Chennai – 600 032, Tamil Nadu, India
Phone: +91 44 4266 8366
Email: [email protected]
Website: www.glottislogistics.in

Glottis IPO FAQs