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GLOTTISEQ / NSE, BSEListed
Glottis

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.

₹120 - ₹1292.12x sub
Listed Price₹84.00
Listing Gain-34.88%

IPO Schedule & Timeline

Bookbuilding IPO
Open29 Sep 2025
Close01 Oct 2025
Allotment03 Oct 2025
Listing07 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor42,83,755 shares
18%
QIB28,55,867 shares
12%
HNI71,39,622 shares
30%
Retail95,19,496 shares
40%

Minimum Application Lots

Retail1 Lot (114 shares)
₹14,706
sHNI14 Lots (1,596 shares)
₹2,05,884
bHNI68 Lots (7,752 shares)
₹10,00,008

Company Promoters

Ramkumar SenthilvelKuttappan Manikandan

Company Background

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 2...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹942.55 Cr
Growth+96.9%
Revenue Trend (₹ in Crores)
0.0361.3722.61.1kMar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-25942.5556.14156.1022.14
Mar-24499.3930.9681.728.08
Mar-23478.7722.4472.0830.61

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-257.0256.98%72.58%18.3821.23
Mar-243.8773.10%95.91%00
Mar-2365.92194.82%256.67%00

Peer Comparison & Valuation

Financial Performance

Allcargo Logistics Limited

NAV/Share (₹)24.65
RONW(%)2.03
EPS (Basic) (₹)1.75

Glottis Limited

NAV/Share (₹)12.32
RONW(%)56.98
EPS (Basic) (₹)7.02

Transport Corporation of India Limited

NAV/Share (₹)279.65
RONW(%)19.42
EPS (Basic) (₹)53.43

Valuation

Allcargo Logistics Limited

P/E(X)17.95
CMP* (₹)31.44
Face value (₹)2.00

Glottis Limited

P/E(X)NA
CMP* (₹)NA
Face value (₹)2.00

Transport Corporation of India Limited

P/E(X)25.6
CMP* (₹)1,156.50
Face value (₹)2.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
03 Oct 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
07 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Glottis. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization03 Oct 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date07 Oct 2025Trading commences on exchange

How to Check Glottis Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Glottis from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Glottis IPO

Complete issue overview for Glottis (GLOTTIS) IPO. The issue features an equity share price band of ₹120 – ₹129 per share with a minimum retail lot size of 114 Shares (minimum application amount of ₹14,706). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions