IPO IPO-Synopsis
Glottis Ltd

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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 Rs2/- each ("Equity Shares") of the company for cash at a price of Rs[*] per equity share (Including a Share Premium of Rs[*] per Equity Share) ("Offer Price") aggregating up to Rs[*] crores (the "Offer") comprising a fresh issue of up to [*] equity shares of face value of Rs2/- each aggregating up to Rs160.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 11,395,640 equity shares of face value of Rs2/- each, comprising up to 5,697,820 equity shares of face value of Rs2/- each aggregating up to Rs[*] crores by Ramkumar Senthilvel and up to 5,697,820 equity shares of face value of Rs2/- each aggregating up to Rs[*] 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: Rs120/- to Rs129/- for equity share of face value of Rs2 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 Rs120.00-129.00 Rs0.00-0.00
Minimum Application for shares in Nos :114  Further Multiples of :114

  Rs 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 Rs120.00  
Projects
Funding capital expenditure requirements of the company towards purchase of commercial vehicles and containersGeneral corporate purposes
Promoted By
Ramkumar Senthilvel
Kuttappan Manikandan
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd