31 Mar 2023
Assets72.08
Total Income478.77
EBITDA33.47
Profit After Tax22.44
NET Worth11.52
Reserves and Surplus10.52
Total Borrowing30.61
At a glance
Updated 2026-09-10Glottis is a Mainboard IPO with an issue size of ₹307.00 crore, proposed for listing on BSE, NSE. The offer opens on 29th Sep 2025 and closes on 1st Oct 2025. The issue structure includes a fresh issue of ₹160.00 crore and an offer-for-sale component of ₹147.00 crore. The current listing schedule points to 7th Oct 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹307.00 Cr
Fresh issue₹160.00 Cr
Offer for sale₹147.00 Cr
Face value₹2
Price band₹120.00–₹129.00
Allotment3rd Oct 2025
Listing7th Oct 2025
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹129.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th Sep 2025
Closes1st Oct 2025
Allotment3rd Oct 2025
Refund6th Oct 2025
Demat6th Oct 2025
Listing7th Oct 2025
Subscription demand
Full bidding ↗Total2.12×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 114 | ₹14,706 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of capital expenditure requirements of the Company towards purchase of commercial vehicles and containers | ₹132.54 Cr |
| General Corporate Purposes | ₹12.66 Cr |
| Issue Expenses | ₹28.39 Cr |
| Total | ₹173.60 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue942.55₹ Cr · +88.7% vs prior year
EBITDA78.45₹ Cr · +94.4% vs prior year
PAT56.14₹ Cr · +81.3% vs prior year
Assets156.10₹ Cr · +91.0% vs prior year
Net Worth98.53₹ Cr · +132.7% vs prior year
Borrowing22.14₹ Cr · +174.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets81.72
Total Income499.39
EBITDA40.36
Profit After Tax30.96
NET Worth42.35
Reserves and Surplus41.35
Total Borrowing8.08
31 Mar 2025
Assets156.10
Total Income942.55
EBITDA78.45
Profit After Tax56.14
NET Worth98.53
Reserves and Surplus82.53
Total Borrowing22.14
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 56.98% |
| ROCE | 72.58% |
| Debt / Equity | 0.22% |
| RoNW | 56.98% |
| PAT Margin | 5.97% |
| EBITDA Margin | 8.34% |
| Price to Book Value | 10.47 |
Valuation & shareholding
Pre-IPO EPS7.02
Post-IPO EPS6.08
Pre-IPO P/E18.38
Post-IPO P/E21.23
Promoter holding pre98.98%
Promoter holding post74.23%
Market cap₹1192.00 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Glottis IPO | — | 21.23 x | — | — |
| Skyways Air IPO | — | 31.57 x | — | — |
| Horizon Industrial IPO | — | - | — | — |
| Shiprocket Limited IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding of capital expenditure requirements of the Company towards purchase of commercial vehicles and containers | ₹132.54 Cr |
| General Corporate Purposes | ₹12.66 Cr |
| Issue Expenses | ₹28.39 Cr |
| Total | ₹173.60 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Pantomath Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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