Glottis Limited
ListedMainboardLogistics · NSE / BSE
Glottis Limited, incorporated in June 2024, is a logistics solutions provider offering a full range of transportation services across ocean, air, and road networks. The company delivers end-to-end multimodal logistics solutions, including freight forwarding, warehousing, cargo handling, 3PL, and customs clearance, serving diverse sectors and regions. In FY 2024, it handled about 95,000 TEUs of ocean imports, highlighting its strong operational scale. Headquartered in Chennai with eight branch offices in key cities like New Delhi, Mumbai, and Kolkata, Glottis has built a global presence, exporting to regions such as Europe, North and South America, Africa, the Middle East, and Asia. Its customer base has steadily expanded, serving 1,246 clients in the six months ended September 2024, and over 1,600 in FY 2024, across more than 100 countries. The company’s robust network includes 171 overseas agents, 98 shipping lines, 52 transporters, 43 customs house agents, 22 airlines, and 20 consol agents, along with 17 owned commercial vehicles, giving it the capacity to meet growing demand and capitalize on large-scale opportunities in the logistics industry.
Price Band
₹120 – ₹129
Issue Size
₹307 Cr
Lot Size
114 shares
GMP
—
Est. Listing
₹129
at current GMP
Subscribed
2.12x
overall
Open
29 Sep 2025
Close
1 Oct 2025
Allotment
3 Oct 2025
Refund
4 Oct 2025
Demat Credit
5 Oct 2025
Listing
7 Oct 2025
Last updated 12 days ago
Overall Subscription
2.12x
Total Demand
QIB Multiplier
1.84x
Institutions & Funds
NII / HNI
3.08x
High Net-Worth
Retail (RII)
1.47x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,855,867 | 5,262,240 | 1.84x |
| NIB | 7,139,622 | 22,003,368 | 3.08x |
| HNIs(10L +) | 4,759,748 | 17,942,004 | 3.77x |
| HNIs (2-10L) | 2,379,874 | 4,061,364 | 1.71x |
| RETAIL | 9,519,496 | 14,028,270 | 1.47x |
| Total | 26,654,607 | 63,297,246 | 2.12x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 83,504 | 103,853 | 1.24x |
| HNIs(10L +) | 2,982 | 2,086 | 0.70x |
| HNIs (2-10L) | 1,491 | 2,336 | 1.57x |
| Total Applications | 87,977 | 108,275 | 1.23x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Glottis Limited Public Issue & Market Profile
Glottis Limited is bringing an initial public offering (IPO) in the Logistics sector with an aggregate issue size of ₹307 Crores. The shares are offered at a price band of ₹120 to ₹129 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 114 shares (approx. ₹14,706 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-05, while un-allotted funds or UPI block mandates will be released on 2025-10-04.
Frequently Asked Questions
What is Glottis Limited IPO GMP today?
Currently, Glottis Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹120 to ₹129 per equity share.
What is the expected profit per lot for Glottis Limited IPO?
The retail lot size is 114 shares requiring a minimum application amount of ₹14,706. Expected listing price is ₹129 per equity share.
What is the issue size and price band for Glottis Limited IPO?
The Glottis Limited IPO aggregate issue size is ₹307 Crores with an equity price band set at ₹120 to ₹129 per equity share. The retail lot size is 114 shares requiring a minimum capital outlay of approx. ₹14,706.
How can I check Glottis Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.12x (Retail: 1.47x, QIB: 1.84x, NII: 3.08x). You can track live multiples directly on our dedicated subscription page.
Where and when will Glottis Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-10-03. Investors can verify status using PAN card or application number.
When is the listing date for Glottis Limited IPO?
Glottis Limited shares are scheduled to list on NSE and BSE on 2025-10-07.