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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Glottis Ltd
Registered Office: New No.46 Old No.311 1st Flr, Thambu Cheety Street, Chennai - 600001, Tamil Nadu
Phone: 1
Email: 1
Website: 1
Initial public offering of up to 23,798,741 equity shares of face value of Rs. 2/- each ("Equity Shares") of the company for cash at a price of Rs. 129 per equity share (Including a Share Premium of Rs. 127 per Equity Share) ("Offer Price") aggregating up to Rs. 307.00 crores (the "Offer") comprising a fresh issue of up to 12,403,101 equity shares of face value of Rs. 2/- each aggregating up to Rs. 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 Rs. 2/- each, comprising up to 5,697,820 equity shares of face value of Rs. 2/- each aggregating up to Rs. 73.50 crores by Ramkumar Senthilvel and up to 5,697,820 equity shares of face value of Rs. 2/- each aggregating up to Rs. 73.50 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: Rs. 120/- to Rs. 129/- for equity share of face value of Rs. 10 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-2025 01-Oct-2025 129.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 307.00
Post Issue Equity Share Capital 18.48
Issue Price 129.00
Projects
Funding capital expenditure requirements of the company towards purchase of commercial vehicles and containers
General corporate purposes
Promoted By
Ramkumar Senthilvel
Kuttappan Manikandan
BSE
NSE
Registrar to the Issue
Attention Investor
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