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IPO Synopsis

Glottis Ltd
Initial public offering of up to [*] equity shares of face value of Rs. 2/- 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 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. [*] crores by Ramkumar Senthilvel and up to 5,697,820 equity shares of face value of Rs. 2/- 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: Rs. 120/- to Rs. 129/- for equity share of face value of Rs. 2 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
Opens On Closes On
29-Sep-25 01-Oct-25
Money Payable On
Application Allotment
120.00 0.00
Minimum Application for shares in Nos : 114 Further Multiples of : 114
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 296.75  
Post Issue Equity Share Capital (.Cr) 18.48
Issue Price () 120.00
Projects
Funding capital expenditure requirements of the company towards purchase of commercial vehicles and containers
General corporate purposes
Promoted By
Ramkumar Senthilvel
Kuttappan Manikandan
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd
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