About Glottis Ltd IPO
Incorporated in June 2024, Glottis Limited is a logistics solutions company that offers comprehensive transportation services through ocean, air, and road logistics.
The company provides end-to-end logistics solutions with multimodal capabilities across various sectors, optimizing the movement of goods across different regions. Our services include:
- Ocean freight forwarding, including project cargo loads and full container loads for both import and export
- Air freight forwarding for both import and export
- Road transportation
- Ancillary services such as warehousing, storage, cargo handling, third-party logistics (3PL), and customs clearance
During Fiscal Year 2024, Glottis Limited handled approximately 95,000 TEUs of imports via ocean freight.
As of Feb 2025, the company operates in India through 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru, and Cochin, with registered and corporate offices in Chennai, covering major transportation hubs.
The company has exported its products to the countries such as Europe, North America, South America, Africa, Middle East and Asia.
For the six months ended September 2024 and for Fiscals 2024, 2023, and 2022, the company served 1,246, 1,662, 1,513, and 1,476 customers across 119, 100, 87, and 85 countries, respectively.
As of January 10, 2025, the company had a network of 171 overseas agents, 98 shipping lines, 52 transporters, 43 customs house agents, 22 airlines, and 20 consol agents, built on longstanding relationships.
As of January 10, 2025, the company owns 17 commercial vehicles. Our extensive vehicle and agency network allows us to scale with increasing demand and seize large business opportunities.
Competitive Strength
- One of the leading freight forwarding players operating in the Renewable Energy Industry
- Wide network of Intermediaries coupled with optimum utilisation of our asset portfolio.
- Scaled multimodal logistics operations with capabilities of handling diverse projects.
- Longstanding relationship with a diverse set of customers across industries.
- Widespread international presence.
- Skilled and experienced management team with relevant industry experience.
Glottis Ltd IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 30% | 6037178.7 crores |
| Non-Institutional Investors (NIIs | 30% | 6037178.7 crores |
| Retail Individual Investors (RIIs) | 40% | 8049571.6 crores |
Glottis Ltd IPO Strengths & Weaknesses
No Data Found
Glottis Ltd IPO Important Dates & Issue Details
| Allotment Date | Listing Date |
|---|---|
| 03 Oct '25 | 07 Oct '25 |
Glottis Ltd IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Glottis Ltd ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Glottis Ltd IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app