The bidding window for GLEN Industries SME IPO was open from July 8, 2025, to July 10, 2025. The basis of allotment will be finalised today, July 11, 2025. Here’s how you can check the IPO allotment status.
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GLEN Industries IPO is a book-building issue of ₹63.02 crores, consisting entirely a fresh issue of 64.97 lakh shares. The price band is set at ₹97 per share. The tentative listing on BSE is July 15, 2025.
GYR Capital Advisors Private Limited is the book-running lead manager, and Kfin Technologies is the registrar for the issue.
The net proceeds from the fresh issue will be used to:
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(July 10, 2025, end of the day)
Category |
Subscription (times) |
Qualified Institutional Investors (QIBs) |
192.46 |
Non-Institutional Investors |
350.72 |
Individual Investors (IND category bidding for 2 Lots) |
225.12 |
Eligible Employees (EMP) |
0.36 |
Total |
242.32 |
As of 11 July 2025, GLEN Industries IPO GMP stood at ₹45. The estimated listing price is ₹142, i.e., 46.39% gain per share over the upper price band.
Source: Business Standard Report dated 11 July, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
GLEN Industries manufactures sustainable and high-performance food packaging and service products. Their product range primarily includes Thin Wall Food Containers, Polylactic Acid (PLA) Straws, and Paper Straw.
Furthermore, GLEN’s offerings are segmented into two core categories:
a) Food Containers: Lightweight, durable, and available in multiple configurations for food delivery, take-out, and storage
b) Eco-friendly Straws: Including straight and U-shaped straws in PLA and paper variants, designed for both performance and environmental impact reduction.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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