Introduction to Glottis Ltd. IPO
Glottis Ltd. IPO is among the most discussed public issues in India’s logistics sector for 2025, providing retail and institutional investors an opportunity to participate in a rapidly growing industry [IPO Watch][Angel One]. This guide breaks down everything from company details to IPO performance indicators—helping investors make informed decisions.
Before diving into the specifics of this IPO, it’s crucial to understand the fundamentals of market investing. Many Indian investors make critical mistakes that cost them substantial returns. For comprehensive guidance on successful market strategies, read our detailed analysis on Stock Trading vs Stock Investing: Which is Better for You in 2025.
About Glottis Limited
Founded in June 2024, Glottis Ltd. has quickly emerged as a comprehensive logistics solutions provider, covering ocean, air, and road freight, along with warehousing, third-party logistics (3PL), and custom clearance services [Angel One]. The company operates from eight branch offices in major Indian cities, including New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin [Angel One].
Glottis Ltd. serves clients globally—Europe, North America, South America, Africa, Middle East, and Asia—managing international shipments through a network of 256 overseas agents and 124 shipping lines [IPO Watch]. Its ability to handle high-volume cargo and partnerships with major carriers make it a leader in India’s logistics sector.
Glottis Ltd. IPO Details
| Detail | Information |
|---|---|
| Issue Type | Bookbuilding IPO |
| Issue Size | ₹307 Crore (₹160 Cr Fresh Issue + ₹147 Cr OFS) |
| Price Band | ₹120 to ₹129 per share |
| Face Value | ₹2 per share |
| Lot Size | 114 Shares |
| Minimum Investment | ₹14,706 |
| Maximum Retail Lots | 13 lots (1,482 shares, ₹1,91,178) |
| Listing Exchanges | BSE, NSE |
| Lead Manager | Pantomath Capital Advisors Pvt. Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Anchor Bidding Date | September 26, 2025 |
| IPO Open Date | September 29, 2025 |
| IPO Close Date | October 1, 2025 |
| Allotment Date | October 3, 2025 |
| Listing Date | October 7, 2025 |
IPO Reservation Structure
| Investor Category | % Share Offered |
|---|---|
| Qualified Institutional Buyers (QIB) | Up to 30% |
| Retail Individual Investors (RII) | Minimum 40% |
| Non-Institutional Investors (NII) | Minimum 30% |
Retail investors benefit from a significant allocation, highlighting inclusivity for Indian households and small investors [IPO Watch][Angel One].
Glottis IPO Lot Size Details
| Investor Type | Minimum Lot | Shares | Investment Amount |
|---|---|---|---|
| Retail | 1 | 114 | ₹14,706 |
| Retail Max | 13 | 1,482 | ₹1,91,178 |
| S-HNI Min | 14 | 1,596 | ₹2,05,884 |
| S-HNI Max | 67 | 7,638 | ₹9,85,302 |
| B-HNI Min | 68 | 7,752 | ₹10,00,008 |
This setup allows flexibility for both small and high net-worth investors, using SEBI allotment norms [IPO Watch][Angel One].
Financial Performance of Glottis Limited
Key Financials (₹ in Millions)
| Year | Revenue | Expense | PAT | EBITDA | Net Worth | Assets | PAT Margin | EBITDA Margin |
|---|---|---|---|---|---|---|---|---|
| 2023 | 4,782.73 | 4,454.55 | 224.37 | 334.71 | 115.17 | 7,208.00 | 4.69% | 7.00% |
| 2024 | 4,971.77 | 4,578.35 | 309.58 | 403.58 | 423.51 | 8,172.00 | 6.23% | 8.12% |
| 2025 | 9,411.73 | 8,666.80 | 561.44 | 784.50 | 985.29 | 15,610.00 | 5.97% | 8.34% |
Sources show strong revenue growth, robust net worth, and healthy profit margins. The company has consistently improved its EBITDA and EBIT margins, signifying operational efficiency [IPO Watch][IPOji][IPO Platform].
Key Performance Indicators (KPI)
| Indicator | FY2025 Value |
|---|---|
| Return on Equity (ROE) | 56.98% |
| EBITDA Margin | 8.34% |
| PAT Margin | 5.97% |
| Debt to Equity Ratio | 0.22 |
| Earnings Per Share (EPS) | ₹7.02 |
These metrics reflect Glottis Ltd.’s financial strength, low leverage, and significant profitability, ranking favorably in peer comparisons [IPO Watch][IPO Platform].
Objective of the Issue
Glottis Ltd. IPO funds will be used for:
Promoter Holdings
| Detail | Information |
|---|---|
| Pre-IPO Holding | 98.98% |
| Promoters | Ramkumar Senthilvel, Kuttappan Manikandan |
| Post IPO | Will dilute based on new equity issued |
Strong promoter holding pre-IPO indicates confidence and stability in management [IPO Watch][Angel One].
Contact Details & Registrar
| Glottis Ltd. Address | IPO Registrar |
|---|---|
| New No. 46, Old No. 311, 1st Floor Thambu Chetty Street, Chennai, Tamil Nadu, 600001 Phone: +91 444266 5587 Email: info@glottislogistics.in Website: www.glottislogistics.in | Kfin Technologies Ltd. Phone: +91 40 6716 2222 Email: glottisltd.ipo@kfintech.com Website: ipostatus.kfintech.com |
Industry Outlook
- The Indian logistics sector expanded from ₹12.8 trillion (FY19) to ₹23.4 trillion (FY25), CAGR of 10.6%.
- Government aims to reduce logistics costs to 7-8% of GDP.
- India’s rank in World Bank’s Logistics Performance Index improved to 38th globally, evidencing efficiency and infrastructure upgrades [Angel One].
Pros & Cons of Glottis Ltd.
Important Note: Understanding market risks is crucial before investing. Many investors lose money due to lack of proper analysis and emotional decision-making. Learn about the common pitfalls by reading Why People Lose Money in Stock Market: 7 Critical Reasons Indian Investors Must Know.
Pros
- Leading freight forwarder with over two decades of sectoral experience.
- Strong operational efficiency via a vast network of overseas agents.
- Offers integrated multimodal logistics solutions and ancillary services.
- Robust client relationships, ensuring recurring business.
- Plans for expansion and asset acquisition promise future growth [IPO Watch].
Cons
- Heavy reliance on ocean freight (over 94% revenue), exposing risk if contracts change.
- Transition from rented to owned assets poses management challenges.
- Sector dependence—significant exposure to renewable energy industries.
- Cash flow risks due to long credit periods and rising trade receivables.
- Dependent on third-party intermediaries and vendors, raising operational risks [IPO Watch].
Feature Snippet: Glottis Ltd. IPO At-A-Glance
Glottis Ltd. IPO, opening September 29 to October 1, 2025, is a ₹307 Crore bookbuilding issue in the logistics sector. Price band is ₹120-129 per share with a lot size of 114 shares. Retail reservation is 40%; QIB, 30%; NII, 30%. Funds will be used for expanding logistics assets and general purposes [IPO Watch][Angel One].
Peer Comparison Table
| Company | CMP (₹) | EPS | PE Ratio | RoNW % |
|---|---|---|---|---|
| Glottis Limited | [•] | 7.02 | N/A | 56.98 |
| Allcargo Logistics Limited | 31.44 | 1.75 | 17.95 | 2.03 |
| Transport Corp. of India Limited | 1156.50 | 53.43 | 25.60 | 19.42 |
Frequently Asked Questions (FAQs)
How to Apply & Allotment Status
- Apply via official broking platforms with UPI.
- Check allotment on Kfin Technologies website or via registered email notifications after closure.
Conclusion
Glottis Ltd. IPO offers a robust investment opportunity, especially for those seeking exposure to India’s rapidly growing logistics sector. With strong financials, favorable reservation for retail investors, and transparent leadership, Glottis Ltd. could be a strategic investment for 2025, subject to individual risk assessment [IPO Watch][Angel One].
Final Investment Advice: Before making any investment decisions, ensure you understand the complete market dynamics and avoid common investor mistakes. For detailed guidance on building a successful investment strategy, read our comprehensive guide on Why Investors Fail in Stock Market: 10 Critical Reasons That Cost Indians Crores Every Year.
For the latest updates, always verify through official sources and the registrar’s website.
