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15 Days Price Change

Glottis IPO

Closing In

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Profile
Issue Size 259.6 Cr
Profile
Price Range 120  to  129 per share
Profile
Min Investment ₹129
Profile
Lot Size 1
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Face Value ₹2
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Our Company delivers end-to-end logistics solutions with multimodal capabilities across verticals to optimize themovement of goods across geographies including (i) ocean freight forwarding (project cargo load and fullcontainer load, import as well as export); (ii) air freight forwarding (import as well as export); (iii) roadtransportation; along with other ancillary services, including warehousing, storage, cargo handling, third-party159logistics (“3PL”) services and custom clearance, among others. We have handled ~95,000 TEUs of imports duringthe Fiscal 2024. Read More

Basic Info

Face Value 2 per share

Price 120  to  129 per share

P/E (x) 18.4

Sales( Cr.) 941

PAT( Cr.) 56

EPS 7

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Ramkumar Senthilvel Kuttappan Manikandan

Pre Issue Share Holding 99.98%

Post Issue Share Holding 73.36%

Listing Details:

Listing Price: 88

Listing Gain: -46.59%

Current Price: 65.9

Gain On Issue: 65.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 29, 2025
Closing Date Oct 01, 2025
Allotment Oct 02, 2025
Refund Oct 03, 2025
Delivery of Shares Oct 03, 2025
Listing Date Oct 06, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 114 14,706
Retail (Max) 13 1482 191,178
S-HNI (Min) 14 1596 205,884
S-HNI (Max) 67 7638 985,302
B-HNI (Min) 68 7752 1,000,008

Objective of the Issue

1. Funding of capital expenditure requirements of our Company towards purchase of commercial vehicles and containers 2. General Corporate Purposes.

Issue

Category Nos Bid Bid (x)
QIB 2813652 5262240 1.9x
NII 7418690 22003368 3x
Retail 9891587 14028270 1.4x
EMP 0 0 0x
Total 20123929 41293878 2.1x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Glottis Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 479 497 941
Other Income 1 2 1
Total Income 479 499 943
Total Expenditure 445 457 862
Operating Profit 34 43 80
Interest 0 1 3
Depreciation 1 1 2
Exceptional Income / Expenses 0 0 0
Profit Before Tax 33 42 76
Provision for Tax 11 11 20
Profit After Tax 23 31 56
Adjustments 0 0 0
Profit After Adjustments 23 31 56
Adjusted Earnings Per Share 2.8 3.9 7

Glottis Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 10 42 99
Minority's Interest 0 0 0
Borrowings 32 0 2
Other Non-Current Liabilities 1 0 3
Total Current Liabilities 29 38 52
Total Liabilities 72 81 156
Fixed Assets 2 3 16
Other Non-Current Assets 1 4 0
Total Current Assets 69 74 139
Total Assets 72 81 156

Glottis Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 27 8 1
Cash Flow from Operating Activities 25 7 1
Cash Flow from Investing Activities -0 9 -9
Cash Flow from Financing Activities -22 -23 12
Net Cash Inflow / Outflow 3 -7 4
Closing Cash & Cash Equivalent 29 1 5

Glottis Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.82 3.87 7.02
CEPS(Rs) 2.9 3.96 7.22
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 1.24 5.29 12.32
Core EBITDA Margin(%) 7.01 8.18 8.38
EBIT Margin(%) 7.03 8.48 8.36
Pre Tax Margin(%) 6.96 8.36 8.06
PAT Margin (%) 4.72 6.23 5.97
Cash Profit Margin (%) 4.84 6.38 6.14
ROA(%) 31.49 40.58 47.49
ROE(%) 227.94 118.49 79.7
ROCE(%) 79.71 90.95 91.95
Receivable days 27.09 32.74 30.96
Inventory Days 0 0 0
Payable days 0 0 0
PER(x) 0 0 0
Price/Book(x) 0 0 0
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0.01 -0 0.02
EV/Core EBITDA(x) 0.12 -0 0.29
Net Sales Growth(%) 0 3.89 89.3
EBIT Growth(%) 0 25.18 86.69
PAT Growth(%) 0 37.16 81.36
EPS Growth(%) 0 37.16 81.36
Debt/Equity(x) 3.26 0.19 0.22
Current Ratio(x) 2.38 1.95 2.65
Quick Ratio(x) 2.38 1.95 2.65
Interest Cover(x) 98.42 73.03 28.08
Total Debt/Mcap(x) 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 89% 0% 0% 0%
Operating Profit CAGR 86% 0% 0% 0%
PAT CAGR 81% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 80% 142% 142% 142%
ROCE Average 92% 88% 88% 88%

Company Contact Information

Glottis Ltd.

Nibedita Panda

+91 44 4266 8366

info@glottislogistics.in

New No. 46, Old No. 311 1st Floor Thambu Chetty Street

IPO Lead Manager(s)

Glottis Ltd.

Pantomath Capital Advisors Pvt Ltd.

Registrar Info

Glottis Ltd.

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)

Karvy Selenium Tower B, Plot 31-32 Gachibowli,Financial District, Nanakramguda Hyderabad – 500032 Tel. No. 040 67161500 Fax. No. 040 23001153 E-mail: einward.ris@karvy.com Website: www.karvy.com Toll Free No. of exclusive Call Centre:1-800-345001

040 - 67162222/18003094001

einward.ris@kfintech.com

https://www.kfintech.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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