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glottis ltd

Glottis Ltd

Issue
Opens On	Closes On
29-Sep-25	01-Oct-25

Money Payable On
Application	Allotment
129.00	0.00

Minimum Application for shares in Nos : 114 Further Multiples of : 114

Lead Managers to the Issue
Project Cost (₹.Cr)	0.00	Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr)	307.00
Post Issue Equity Share Capital (₹.Cr)	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

Listing At

BSE

NSE

Registrar to the Issue

No Data Available

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 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.