Glottis IPO
LiveAlready have an account? Apply now
Schedule of Glottis
| Issue open date | 29 Sep 2025 |
| Issue close date | 01 Oct 2025 |
| UPI mandate deadline | 01 Oct 2025 (5 PM) |
| Allotment finalization | 03 Oct 2025 |
| Refund initiation | 06 Oct 2025 |
| Share credit | 06 Oct 2025 |
| Listing date | 07 Oct 2025 |
| Mandate end date | 15 Oct 2025 |
| Lock-in end date for anchor investors (50%) | 30 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 29 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
Financials of Glottis
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹307 crores |
| Fresh Issue | ₹160 crores |
| Offer for sale | ₹147 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital expenditure | 132.54 (82.8%) |
| General corporate purposes | 27.46 (17.16% ) |
Strengths
- Leading freight forwarder with expertise in Renewable Energy sector.
- Strong intermediary network with efficient asset portfolio utilisation.
- Scaled multimodal logistics for diverse and complex project handling.
- Established global presence and long-term customer relationships.
- Consistent financial growth driven by an experienced management team.
Risks
- Heavy dependence on renewable energy sector affects revenue stability.
- Ocean freight concentration increases vulnerability to market fluctuations.
- Reliance on third-party intermediaries risks operational disruptions.
- Limited warehousing presence concentrated only in Tamil Nadu.
- Significant revenue reliance on few large repeat customers.
Allotment Status for Glottis
To check your allotment status – click here.