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Glottis IPO_ Price, Analysis, Allotment, and GMP

The Glottis IPO is one of the most-awaited Mainboard IPOs of 2025. Glottis Ltd., a key player in ocean haulage, air freight, and overland transport, is raising Rs. 307 crore through this issue. The IPO combines a fresh issue of Rs. 160 crore and an offer for sale (OFS) of Rs. 147 crore.

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Glottis IPO_ Price, Analysis, Allotment, and GMP

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  1. GlottisIPO:Price,Analysis,Allotment, andGMP • TheGlottisIPOisoneofthemost-awaitedMainboardIPOsof2025.GlottisLtd.,akeyplayerin oceanhaulage,airfreight,andoverlandtransport,israisingRs.307crorethroughthisissue. • TheIPOcombinesafreshissueofRs.160croreandanofferforsale(OFS)ofRs.147crore. • Inthisguide,wecovertheGlottisIPOprice,GMP, allotmentstatus,companyfinancials, strengths,weaknesses,andsectoroutlook,helpinginvestorsmakeinformeddecisions. • GlottisIPO-CompanyOverview • GlottisLtd.hasadiverseoperationalfootprint: • Full-TruckLoad(FTL),Less-than-TruckLoad(LTL),andexpressparcelservices. • Oceanandairfreightforwarding. • Roadtransportation, warehousing, storage,cargohandling, third-party logistics (3PL), andcustomsclearance. • Additionally, GlottisisactiveinIndia’srenewableenergylogistics,handlingaround21.09GWof solarhaulagebyFY25,whichisnearly19.8%ofIndia’sinstalledsolarcapacity. GlottisIPODetails • IPOOpenDate:September29, 2025 • IPOCloseDate:October1,2025 • AllotmentDate:October3,2025(Tentative) • Refunds:October6,2025(Tentative) • ListingDate:October7,2025(Tentative) • PriceBand:Rs.120toRs.129pershare • IssueSize:Rs.307crore(1.24crorefreshissue+1.14croreOFS) • LotSize:114sharesperlot • TheIPOwillbelistedonbothBSEandNSE. • Retailinvestorscaninvestfrom1lot(Rs.14,706)upto13lots(Rs.1,91,178),whileS-HNIand B-HNIinvestorshavehigherlotlimits.Theissueallocationis40%forretailinvestors,30%for institutions, and30%fornon-institutionalinvestors.

  2. IndustryOutlook • TheIndianlogisticssectorisprojectedtogrowataCAGRof9.6%,drivenbyincreasing demandforexpressdelivery,e-commercegrowth,andrenewableenergylogistics.GlottisLtd.is well-positionedtobenefitfromthesetrends. • GlottisLtd-FinancialHighlights • GlottisLtd.hasshownstronggrowthoverthepastthreeyears: • TotalIncome:Rs.942.55lakhinFY25(upfromRs.499.39lakhinFY24) • ProfitAfterTax(PAT): Rs.56.14lakhinFY25(up~4xfromFY23) • EBITDA:Rs.78.45lakhinFY25 • NetWorth:Rs.98.53lakh • Thecompanyhasstrengtheneditsbalancesheetwithreduceddebtandhasmaintaineda steadyROEof56.98%. • TheobjectiveoftheIPOistofundcapitalexpenditureforcommercialvehiclesandcontainers (~Rs.132.54crore)andgeneralcorporatepurposes. GlottisIPOStrengths • Strongpresenceinrenewableenergylogistics(~19.8%shareinIndia’ssolarcapacity haulage). • Diversifiedfreightservicescoveringocean,air,androadlogistics. • RobustfinancialperformancewithsignificantPATgrowthfromFY23toFY25. • Reducedleverageandastrongbalancesheet. GlottisIPOWeaknesses • Vulnerabletoglobalfreightvolatility(portcongestion,tariffs,fuelprices). • Dependenceonrenewableenergyhaulageandgovernmentpoliciesmayaffectgrowth. • EBITDAmarginsarelowercomparedtopeerslikeAllcargoTerminals. • ExecutionrisksexistinexpandingexpressparcelandLTLsegments. • GlottisIPOGMPandListingPrice • AsofSeptember26,2025,theGlottisIPOGMP(greymarketpremium)isaroundRs. 15.Basedonthis,theestimatedlistingpricecouldbeapproximatelyRs.144,factoringintheupper pricebandandcurrentGMP.

  3. GlottisIPOAllotment InvestorscanchecktheirGlottisIPOallotmentstatusontheKfinTechnologieswebsiteorvia BSE/NSEallotmentportals.TheallotmentprocesswillbecompletedbyOctober3,2025, with refundsstartingonOctober6. TheGlottisIPOoffersinvestorsachancetoparticipateinagrowinglogisticscompanywith significantexposuretorenewableenergysupplychains.Thecompanyhasdemonstratedstrong financialgrowthandbalancesheetimprovement. However,potentialinvestorsshouldconsiderrisksrelatedtoglobalfreightvolatility,sector dependence,andmarginpressures. Disclaimer:Thisblogisforeducationalpurposesonlyanddoesnotconstitutefinancialadvice. InvestorsshouldconsulttheirfinancialadvisorbeforeapplyingforanyIPO.

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