GLEN Industries IPO is a bookbuilding of ₹63.02 crores. The issue is entirely a fresh issue of 64.97 lakh shares.
GLEN Industries IPO opens for subscription on July 8, 2025 and closes on July 10, 2025. The allotment for the GLEN Industries IPO is expected to be finalized on Friday, July 11, 2025. GLEN Industries IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, July 15, 2025.
GLEN Industries IPO price band is set at ₹92 to ₹97 per share. The lot size for an application is 1200. The minimum amount of investment required by an individual investor (retail) is ₹2,20,800 (2400 shares). The minimum lot size investment for HNI is 3 lots (3,600 shares) amounting to ₹3,49,200.
The issue includes a reservation of up to 1,53,600 shares for employees offered at a discount of ₹5.00 to the issue price.
| IPO Date | July 8, 2025 to July 10, 2025 |
| Listing Date | July 15, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 92 to ₹ 97 / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 64,96,800 shares (Aggregating up to ₹63.02 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | 5 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,75,64,570 shares |
| Share holding post issue | 2,40,61,370 shares |
| Market Maker portion | 3,25,200 shares |
GLEN Industries Limited IPO opens on July 8, 2025, and closes on July 10, 2025.
| IPO Open Date | July 8, 2025 |
| IPO Close Date | July 10, 2025 |
| Basis of Allotment | July 11, 2025 |
| Initiation of Refunds | July 14, 2025 |
| Credit of Shares to Demat | July 14, 2025 |
| Listing Date | July 15, 2025 |
| Cut-off time for UPI mandate confirmation | July 10, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by individual investors (retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | Rs.232,800 |
| Retail (Max) | 2 | 2,400 | Rs.232,800 |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 3 | 3,600 | Rs.349,200 |
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
GLEN Industries IPO offers a total 64,96,800 shares. Out of which 30,04,800 is allocated to QIB, 30,04,800 is allocated to QIB, 9,06,000 (13.95%) allocated to NII, and 21,07,200 (32.43%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 3,25,200 5.01% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 30,04,800 |
|
| NII (HNI) Shares Offered | 9,06,000 13.95% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 21,07,200 32.43% |
|
| Employee Shares Offered | 1,53,600 2.36% |
|
| Total Shares Offered | 64,96,800 100% |
GLEN Industries IPO raises ₹0.00 crore from anchor investors. GLEN Industries IPO Anchor bid date is July 7, 2025.
| Bid Date | 2025-07-07 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | August 10, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 9, 2025 |
Glen Industries Limited (GIL), which was founded in 2007, produces environmentally friendly food packaging and service items.
Serving industries like hotels, restaurants, cafés/catering (HoReCa), the beverage industry, and food packaging, the company specializes in making compostable straws and thin-wall food containers.
With a new 90,000 square foot manufacturing facility in Dhulagarh, outfitted with cutting-edge machinery and knowledgeable employees to improve output and quality, the company is dedicated to satisfying the increasing demand.
Customized to local tastes, the company exports its goods to Europe, the United States, Australia, the Middle East, and Africa. The company's dedication to quality and reliability is demonstrated by its more than 25 devoted clients.
The market capitalization of the GLEN Industries IPO is ₹233.40 Cr.
| KPI | Values |
|---|---|
| ROE | |
| ROCE | 16.94% |
| Debt/Equity | 2.28 |
| RoNW | 45.43% |
| P/BV | 0.22 |
| PAT Margin (%) | 10.70% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.40 | 7.59 |
| P/E (x) | 9.33 | 12.78 |
GLEN Industries Limited Rajveena, 2nd Floor, 50A, Block-C, New Alipore Kolkata, West Bengal, 700053 Phone: +91 9831087598 Email: [email protected] Website: http://www.glen-india.com/ |
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: [email protected] |
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