GLEN Industries Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 08-07-2025 | 10-07-2025 | ₹10 per share | 0 | 1,200 Shares | BSE SME | 64,96,800 shares (aggregating up to ₹63.02 Cr) | 0000-00-00 00:00:00 | 2025-07-14 00:00:00 | 2025-07-14 00:00:00 | 15-07-2025 |
About The Company
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 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 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.
The issue includes a reservation of up to 1,53,600 shares for employees offered at a discount of ₹5.00 to the issue price.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2023 | 137 | 120 | 1 | 18.07 | 30.67 | 81.65 |
| 31-03-2024 | 160 | 145 | 9 | 26.65 | 39.16 | 88.83 |
| 01-01-1970 | 214 | 171 | 18 | 40.21 | 40.8 | 132.83 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | 232800 |
| Individual investors (Retail) (Max) | 2 | 2400 | 232800 |
| HNI (Min) | 3 | 3600 | 349200 |
IPO Listing Details
| Listing Date | 15-07-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Mr. Lalit Agrawal, Mrs. Lata Agrawal, Mr. Nikhil Agrawal, and Mrs. Niyati Seksaria are the promoters of the company.
Contact Information of the Company
GLEN Industries Limited
Rajveena, 2nd Floor,
50A, Block-C,
New Alipore
Kolkata, West Bengal, 700053
Phone: +91 9831087598
Email: info@glen-india.com
Website: http://www.glen-india.com/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: gil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
GYR Capital Advisors Private Limited (Past IPO Performance)