Price Band
₹92 - ₹97
Lot Size
1200
Issue Size
₹62.94 Cr
GMP
N/A
Subscription
260.28x
Analyzing...
IPO Schedule
1
Open
8 Jul 2025
2
Close
10 Jul 2025
3
Allotment
-
4
Listing
15 Jul 2025
About GLEN Industries
GLEN Industries is an SME focused on [Please provide details about the company's specific business, e.g., manufacturing, trading, or providing services in a particular sector]. They operate primarily in [Mention geographical area of operations].
Key Strengths
- Relatively low P/E ratio compared to industry averages (assuming comparable companies exist)
- Fixed price IPO eliminates price discovery risk compared to book-built IPOs
- Opportunity to tap into growth potential of the SME sector
- Clearly defined issue size and lot size for investors
- [Add a strength based on the company's specific business - e.g., Established relationships with key suppliers or customers]
Risk Factors
- •Lack of historical ROE data makes financial performance assessment challenging
- •SME segment investments carry higher risk compared to large-cap companies
- •Limited information available due to being an SME IPO
- •Dependence on specific industry or geographical area could be a risk if conditions change negatively
- •Small issue size may lead to limited liquidity post-listing
Valuation Analysis
The P/E ratio of 9.33 suggests potentially attractive valuation, however, thorough due diligence is necessary to assess the sustainability of earnings and compare it against similar companies in the sector. Investors should carefully consider the risks associated with SME IPOs before investing.
IPO Details
ExchangeBSE
SegmentSME
ISININE0UMC01019
NSE SymbolGLEN
Face Value₹10
Lot Size1200
Issue Size₹62.94 Cr
Key Metrics
ROCE16.94%
P/E Ratio9.33
Industry P/E20
EPS10.40
PAT Margin10.70%
Debt/Equity2.28
Growth & Quality
ProfitableYes ✓
Subscription
Total1.54x
Documents
RHP not available
Key Dates
Open Date8 Jul 2025
Close Date10 Jul 2025
Listing15 Jul 2025