The basis of allotment for the ₹307 crores Glottis IPO will be announced today, 3 October 2025. The bidding window was open from September 29, 2025, to October 1, 2025, during which the IPO received a total subscription of 2.12x
Glottis IPO is a book-building issue of ₹307 crore, comprising a fresh issue of 160 crore shares and an offer for sale (OFS) of ₹147 crore. The price band is set between ₹120 and ₹129 per share.
Booking-running lead manager for the IPO is Pantomath Capital Advisors Pvt. Ltd., while KFin Technologies Limited is the registrar to the issue.
[1 October, 2025, End of the day]
Investor Category |
Subscription (Times) |
Qualified Institutional Buyers(QIBs) |
1.84 |
Non-Institutional Investors |
3.08 |
Retail Individual Investors(RIIs) |
1.47 |
Total |
2.12 |
The net proceeds from the fresh issue will be used towards the following objectives:
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