Glen Industries IPO description – Glen Industries specializes in manufacturing a diverse range of food packaging and service products, primarily focusing on thin-wall food containers, polylactic acid (PLA) straws, and paper straws. These products are predominantly supplied to the Hotel, Restaurant, and Café/Catering (HoReCa) sector, as well as the beverage and food packaging industries. The company’s extensive product lineup, available in various shapes and sizes, is highly favored by sectors such as the HoReCa industry, quick service restaurants (QSR), and the food, beverage, and dairy industries.
Glen Industries began manufacturing thin wall food containers with an initial production capacity of 195 MT per month. Through continuous expansion and technological upgrades, the current capacity has increased to 665 MT per month, operating at maximum capacity. In 2019, the company diversified its product line by introducing paper straws and PLA straws, starting with capacities of 21.75 MT per month and 40.60 MT per month, respectively.
Glen Industries regularly exports its products to various regions, including Europe, the USA, Australia, the Middle East, and Africa. The products are specifically designed, developed, and manufactured to cater to the local usage and preferences of each country. As of 30 November 2024, the company has 323 permanent employees.
Promoters of Glen Industries – Mr. Lalit Agrawal, Mrs. Lata Agrawal, Mr. Nikhil Agrawal, and Mrs. Niyati Seksaria
Table of Contents
Glen Industries Issue Details
| Glen Industries IPO Dates | Coming soon |
| Glen Industries Issue Price | Coming soon |
| Fresh issue | 65,00,000 shares |
| Offer For Sale | Nil |
| Total IPO size | 65,00,000 shares |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Glen Industries Financial Performance
| FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 | |
| Revenue | 93.85 | 118.85 | 144.50 | 43.23 |
| Expenses | 91.68 | 114.15 | 133.70 | 36.62 |
| Net income | 3.68 | 1.49 | 8.58 | 5.24 |
Glen Industries Offer News
- Glen Industries RHP
- Glen Industries Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Glen Industries Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 2.09 | 0.85 | 4.88 |
| PE ratio | – | – | – |
| RONW (%) | 30.79 | 11.15 | 39.10 |
| NAV | 12.87 | 20.73 | 25.56 |
| ROCE (%) | 18.78 | 16.50 | 22.84 |
| EBITDA (%) | 13.75 | 11.62 | 17.12 |
| Debt/Equity | 3.19 | 2.24 | 1.98 |
Glen Industries IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Glen Industries IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of shares is not included in the above calculations.
Glen Industries IPO Allotment Status
Glen Industries IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.
Glen Industries IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Glen Industries Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 8777564648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
Glen Industries 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
E-mail: [email protected]
Website: www.kfintech.com
Glen Industries Contact Details
GLEN INDUSTRIES LIMITED
Rajveena, 2nd Floor, 50A, Block-C, New Alipore,
Kolkata, West Bengal, India, 700053
Phone: +91 9831087598
E-mail: [email protected]
Website: www.glen-india.com
IPO FAQs
What is the Glen Industries offer size?
Glen Industries offer size is INR crores.
What is the Glen Industries offer price band?
Glen Industries public offer price is INR per share.
What is the lot size of the Glen Industries IPO?
Glen Industries offer lot size is shares.
What is Glen Industries IPO GMP today?
Glen Industries IPO GMP today is INR NA per share.
What is the Glen Industries kostak rate today?
Glen Industries kostak rate today is INR NA per application.
What is Glen Industries IPO Subject to Sauda rate today?
Glen Industries Subject to Sauda rate today is INR NA per application.