Glottis Ltd Logo

Glottis Ltd IPO

BSELot: 114

LISTEDMAINBOARD
Issue Price129
Listing84
Current51.2
Price Band
120 - ₹129
Lot Size
114
Issue Size
₹307 Cr
GMP
0
Subscription
0.43x

IPO Schedule

1
Open
29 Sept
2
Close
1 Oct
3
Allotment
3 Oct
4
Listing
7 Oct

About Glottis Ltd

Glottis Ltd operates in [Specify Industry Sector] and is involved in [Specify Core Business Activities]. The company has established a presence in [Specify Geographic Markets] with a focus on [Specify Target Customer Segment].

Subscription Status

QIB
1.76x
NII
0.17x
Retail
0.23x
CategoryDay 3Day 2Day 1
QIB1.84x1.76x1.76x
NII3.08x1.12x0.17x
Retail1.47x0.60x0.23x
Total2.12x0.96x0.43x

Risk Factors

Dependence on [Mention Key Suppliers or Customers] could impact revenue if relationships weaken.
Competitive pressures from existing players and new entrants in the [Industry sector] market.
Uncertainty in [Mention macroeconomic factors or regulatory changes] could affect business operations.

Promoters & Management

The key management team of Glottis Limited consists of experienced professionals in the logistics and finance industries. Ramkumar Senthilvel, one of the promoters, serves as the Managing Director, overseeing import operations. Kuttappan Manikandan, the other promoter, also serves as the Managing Director, leading export operations. Thirumazhisai Puttam Shridar is a Non-Executive Director. Naveen Mehta, Aruna Subbaraman and Vijaya Kumar Partha Sarathy are Independent Directors. Rajasree is the Chief Financial Officer, responsible for the company's financial matters. Nibedita Panda is the Company Secretary and Compliance Officer, ensuring regulatory compliance. Muthukrishnakanth Rajagopal Nadar is the Chief Operating Officer, managing air freight operations. Subash Selvan R is the General Manager – Malaysia & Med Ports. Narendran Ranganathan is the General Manager - Vietnam and Thailand. Rahman Khan H is the Chief Sales Officer. Satheesh is the Senior Manager – Trade Lane Development Exports. Vinothkumar M is the Manager – Ocean Exports. The Board of Directors has constituted several committees, including the Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee, and Corporate Social Responsibility Committee.