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Glottis IPO Review

Glottis IPO has been reviewed by 6 analysts, and the overall consensus is Strong Apply — carrying a score of 95. Out of the 6 analysts who have covered this IPO, 5 recommend subscribing while 1 advises caution or avoidance — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹120-129 per share, with a minimum application size of 114 shares (minimum investment of approximately ₹14,706 at the upper band). Subscription ran from 29 Sep 2025 to 01 Oct 2025. The issue size is ₹307 crore, a mix of fresh issue and offer for sale. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
95/ 100
Strong Apply 5 of 6 recommend subscribing
How analysts voted
Apply 5
May apply 1
Not rated 1

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Glottis is a freight forwarding and logistics company whose revenue nearly doubled from ₹499.39 crore in FY24 to ₹942.55 crore in FY25, with operating margin improving to 8.3 percent and EBITDA of ₹78.45 crore. Five of the seven analysts said subscribe, one advised caution and one gave no rating.

Listing gains

At the upper band the notes value the issue at about 18.4 times FY25 earnings on a small ₹307 crore offer. Analysts consider that reasonable given how fast the business has scaled. With five subscribe ratings and no avoid rating, the coverage pointed to a positive listing.

Short-term strategy

Growth has been exceptional, with one note citing revenue, EBITDA and profit CAGRs of 40.3, 53.1 and 58.2 percent, and ocean volumes compounding at 37.4 percent to 1,12,146 TEU. The near-term question is whether a near doubling of revenue in one year can be repeated.

Long-term strategy

The long-term case in the notes rests on helping customers reduce logistics costs and integrate their supply chains, which is what drives repeat business in freight forwarding. Because margins are thin at around 8 percent, long-term returns depend on volume growth rather than any pricing improvement.

How this is written: an AI-assisted summary of the 7 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Glottis IPO?

The analyst consensus for Glottis IPO tracked on this page is Strong Apply, with a score of 95/100. Out of 6 analysts who have reviewed this IPO, 5 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 95 mean for Glottis IPO?

The score of 95 is an aggregate of all analyst ratings tracked for Glottis IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Read the individual analyst verdicts above for more context.

What was the actual listing price of Glottis IPO?

Glottis IPO listed on October 7, 2025 at ₹84, against the issue price of ₹129 — a loss of -34.88% (₹45 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Glottis IPO?

Glottis IPO was priced at ₹120-129 per share. The minimum lot size is 114 shares, making the minimum investment approximately ₹14,706 at the upper end of the price band. Subscription ran from 29 Sep 2025 to 01 Oct 2025.

Explore Glottis IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Glottis IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Strong Apply
Score
95 / 100
Listed at
₹84
Full IPO details