The GLEN Industries Ltd IPO date has been confirmed from July 8, 2025, and closes on July 10, 2025. Read the post to learn about GLEN Industries Ltd IPO GMP.
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 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.
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Bidding Dates
July 8-10Price Range
₹92 to ₹97 per shareFace Value
₹10 per shareGMP
₹18GLEN Industries Ltd IPO GMP
The GLEN Industries Ltd IPO GMP Today is ₹18.
IPO Overview
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 Ltd IPO Details
| IPO Date | July 8, 2025 to July 10, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹92 to ₹97 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 64,96,800 shares (aggregating up to ₹63.02 Cr) |
| Reserved for Market Maker | 3,25,200 shares (aggregating up to ₹3.15 Cr)Giriraj Stock Broking Private Limited |
| Net Offered to Public | 61,71,600 shares (aggregating up to ₹59.86 Cr) |
| Employee Discount | ₹5.00 |
| 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 |
GLEN Industries Ltd Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 214.36 | 160.31 | 137.07 |
| Revenue | 171.28 | 145.22 | 119.59 |
| Profit After Tax | 18.27 | 8.58 | 1.49 |
| EBITDA | 40.43 | 24.87 | 13.89 |
| Net Worth | 40.21 | 26.65 | 18.07 |
| Reserves and Surplus | 40.80 | 39.16 | 30.67 |
| Total Borrowing | 132.83 | 88.83 | 81.65 |
| Amount in ₹ Crore | |||
GLEN Industries Ltd IPO Timeline
| IPO Open Date | Tue, Jul 8, 2025 |
| IPO Close Date | Thu, Jul 10, 2025 |
| Tentative Allotment | Fri, Jul 11, 2025 |
| Initiation of Refunds | Mon, Jul 14, 2025 |
| Credit of Shares to Demat | Mon, Jul 14, 2025 |
| Tentative Listing Date | Tue, Jul 15, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 10, 2025 |
Company Profile
Under the visionary leadership of Mr. Lalit Agrawal, manufacturing at Ostern Pvt. Ltd. (OPL) began in 1998 with ball point pens. Seizing new market opportunities, he diversified into thin-wall food containers in 2010 with an initial capacity of 80 MT/month, scaling up to 180 MT/month by 2017. In 2019, this growing business transitioned to Glen Industries Limited, setting the stage for rapid growth with a current capacity of 665 MT/month. Driven by innovation and sustainability, Glen Industries also entered the eco-friendly segment by producing compostable PLA and paper straws in 2019, followed by compostable U-shape straws in 2022—emerging as a trusted partner to leading HORECA and beverage brands across India. With state-of-the-art machinery from Japan, Taiwan, and China, the company now exports to over 25 countries and holds prestigious certifications including 2-Star Export House by the Government of India and AEO Tier 2 (MSME) by Indian Customs.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | gil.ipo@kfintech.com |
| Website | https://kosmic.kfintech.com/ipostatus/ |
Contact Details
| Name | GLEN Industries Limited |
| Phone number | +91 9831087598 |
| Email ID | info@glen-india.com |
| Website | http://www.glen-india.com/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
GLEN Industries Ltd IPO FAQs
When GLEN Industries IPO will open?
The GLEN Industries IPO opens on July 8, 2025 and closes on July 10, 2025.
What is the lot size of GLEN Industries IPO?
GLEN Industries IPO lot size is 1200, and the minimum amount required is ₹2,32,800.
When is GLEN Industries IPO listing date?
The GLEN Industries IPO listing date is not yet announced. The tentative date of GLEN Industries IPO listing is Tuesday, July 15, 2025.
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