Glottis Ltd IPO

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IPO Details

  • Open Date TBA
  • Close Date TBA
  • Lot Size -
  • IPO Size -
  • IPO Price Range -
  • Min Investment -
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

About Glottis Ltd

Initial public offering of up to [*] equity shares of face value of Rs. 2 each (equity shares) of Glottis Limited (the company or the issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. [*] crores (the offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 2 each aggregating up to Rs. 200.00 crores by the company (the fresh issue) and an offer for sale of upto 14,571,000 equity shares of face value of Rs. 2 each comprising 7,285,500 equity shares of face value of Rs. 2 each by Ramkumarsenthilvel and upto 7,285,500 equity shares of face value of Rs. 2 each by Kuttappan Manikandan (the selling shareholder or promoter selling shareholders) (offer for sale). The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked