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Glottis Ltd
Back
Registered Office:
New No.46 Old No.311 1st Flr,Thambu Cheety Street , Chennai - 600001 , Tamil Nadu , India.
Phone : +91 44 4266 5587/2525 0222 Fax:
Email :
info@glottislogistics.in
Website :
www.glottislogistics.in
Initial public offering of up to [*] equity shares of face value of
R
s
2/- each ("Equity Shares") of the company for cash at a price of
R
s
[*] per equity share (Including a Share Premium of
R
s
[*] per Equity Share) ("Offer Price") aggregating up to
R
s
[*] crores (the "Offer") comprising a fresh issue of up to [*] equity shares of face value of
R
s
2/- each aggregating up to
R
s
160.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 11,395,640 equity shares of face value of
R
s
2/- each, comprising up to 5,697,820 equity shares of face value of
R
s
2/- each aggregating up to
R
s
[*] crores by Ramkumar Senthilvel and up to 5,697,820 equity shares of face value of
R
s
2/- each aggregating up to
R
s
[*] crores by Kuttappan Manikandan ("the Selling Shareholders" or "Promoter Selling Shareholders") ("Offer for Sale"). The offer will constitute [*] % of the post-offer paid-up equity share capital. the offer price is [*] times the face value of the equity shares. the price band and the minimum bid lot will be decided by the company. Price Band:
R
s
120/- to
R
s
129/- for equity share of face value of
R
s
2 each. The floor price is 60 times times the face value and cap price is 64.50 times of the face value of the equity shares. Bids can made for a minimum of 114 equity shares and in multiples of 114 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
29-Sep-25
01-Oct-25
R
s
120.00-129.00
R
s
0.00-0.00
Minimum Application for shares in Nos :114 Further Multiples of :114
R
s
Cr
Lead Managers to the Issue
Project Cost
0.00
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
296.75
Post Issue Equity Share Capital
18.48
Issue Price
R
s
120.00
Projects
Funding capital expenditure requirements of the company towards purchase of commercial vehicles and containers
General corporate purposes
Promoted By
Ramkumar Senthilvel
Kuttappan Manikandan
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd