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 23,798,741 equity shares of face value of Rs2/- each ("Equity Shares") of the company for cash at a price of Rs129 per equity share (Including a Share Premium of Rs127 per Equity Share) ("Offer Price") aggregating up to Rs307.00 crores (the "Offer") comprising a fresh issue of up to 12,403,101 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 Rs73.50 crores by Ramkumar Senthilvel and up to 5,697,820 equity shares of face value of Rs2/- each aggregating up to Rs73.50 crores by Kuttappan Manikandan ("the Selling Shareholders" or "Promoter Selling Shareholders") ("Offer for Sale"). The offer constituted 25.76% of the post-offer paid-up equity share capital. Price Band: Rs120/- to Rs129/- for equity share of face value of Rs10 each. The floor price is 12.00 times times the face value and cap price is 12.90 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 Rs129.00-0.00 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 307.00  
Post Issue Equity Share Capital 18.48  
Issue Price Rs129.00  
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