glottis limited IPO
IPO Overview
Glottis limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹307.00 Cr. The IPO price band is set at ₹120 to ₹129 per share, and retail investors can apply with a minimum investment of ₹14.7K as per IPO guidelines.
The Glottis limited IPO opens on 29 Sept 2025 and closes on 1 Oct 2025. The IPO allotment is expected to be finalized on 3 Oct 2025, and the equity shares are proposed to be listed on BSE, NSE on 7 Oct 2025.
Investors can refer to the Glottis limited IPO RHP-DRHP for detailed information. The issue is managed by Pantomath Capital Advisors Pvt.Ltd. as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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
General Corporate Purposes