glottis limited

glottis limited

GLOTTIS • ISIN: INE0TQE01026

BSE, NSE

Listing Price: ₹84

-34.88% Loss
About Company

Incorporated in June 2024, Glottis Limited is a logistics solutions company that offers comprehensive transportation services through ocean, air, and road logistics.

The company provides end-to-end logistics solutions with multimodal capabilities across various sectors, optimizing the movement of goods across different regions. Our services include:

Ocean freight forwarding, including project cargo loads and full container loads for both import and export
Air freight forwarding for both import and export
Road transportation
Ancillary services such as warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearance

During Fiscal Year 2024, Glottis Limited handled approximately 95,000 TEUs of imports via ocean freight.



As of Feb 2025, the company operates in India through 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin, with registered and corporate offices in Chennai, covering major transportation hubs.

The company has exported its products to the countries such as Europe, North America, South America, Africa, Middle East and Asia.

For the six months ended September 2024 and for Fiscals 2024, 2023, and 2022, the company served 1,246, 1,662, 1,513, and 1,476 customers across 119, 100, 87, and 85 countries, respectively.

As of January 10, 2025, the company had a network of 171 overseas agents, 98 shipping lines, 52 transporters, 43 customs house agents, 22 airlines, and 20 consol agents, built on longstanding relationships.

As of January 10, 2025, the company owns 17 commercial vehicles. Our extensive vehicle and agency network allows us to scale with increasing demand and seize large business opportunities.

Competitive Strength

One of the leading freight forwarding players operating in the Renewable Energy Industry
Wide network of Intermediaries coupled with optimum utilisation of our asset portfolio.
Scaled multimodal logistics operations with capabilities of handling diverse projects.
Longstanding relationship with a diverse set of customers across industries.
Widespread international presence.
Skilled and experienced management team with relevant industry experience.

Investment Objective

Funding of capital expenditure requirements of the Company towards purchase of commercial vehicles and containers; and

General Corporate Purposes

₹120 to ₹129

Price Band

307.00 Cr

Issue Size

14.7K

Min Investment

114 shares

Lot Size

21.23x

P/E Ratio

Important Dates

Issue Opens

29 Sept 2025

Issue Closes

1 Oct 2025

Allotment

3 Oct 2025

Listing

7 Oct 2025

Financial Performance
Offer Documents
RHP
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Issue Details
Issue TypeBB
Face Value₹2
Lead ManagersPantomath Capital Advisors Pvt.Ltd.
Min Quantity114
Max Quantity3,875
Company Promoters
Ramkumar Senthilvel
Kuttappan Manik
an
Website

https://www.glottislogistics.in/

Email

info@glottislogistics.in

Phone+91 444266 5587
Address

Glottis Ltd.
New No. 46, Old No. 311
1st Floor
Thambu Chetty Street
Chennai, Tamil Nadu, 600001