Glottis IPO: Should you Apply or Avoid?
Автор: StockGro
Загружено: 2025-09-30
Просмотров: 11369
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Glottis IPO: Should you Apply or Avoid?
Glottis Ltd just opened its ₹307 Cr IPO — but is it worth your money? Let’s break it down:
Business Strengths
95% revenue from ocean freight logistics
Leading renewable energy logistics partner — handled 21 GW solar capacity, ~20% of India’s installed capacity.
Expanding fleet: IPO proceeds (₹160 Cr) to buy trucks & containers.
IPO Details
Total issue: ₹307 Cr
Price Band: ₹120 to ₹129 per share
Lot size: 114 shares
Closing date: 1st October 2025
Listing date: 7th October 2025
Key Risks: High dependency on renewables and cyclical freight demand could pressure margins.
For full analysis and SEBI-verified expert opinions, check out Stoxo — India’s 1st AI Stock Market Research Platform.
Stoxo Link: https://stoxo.stockgro.club/login
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