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GLEN Industries Limited Logo

GLEN Industries Limited

Jul 08, 2025 – Jul 10, 2025
Listed Price:
₹157.00
(+61.86%)
Price Band₹92 - ₹97
Lot Size1,200 Shares
Allotment DateJul 11, 2025
Listing DateJul 15, 2025
Subscription260.27 Times
Issue Size₹63.02 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹55
(56.70%)

Premium (ELP)

GLEN Industries Limited's successfully completed its Initial Public Offering and commenced trading on Jul 15, 2025 at the BSE exchange. The company raised 64,96,800 Shares through this public offering, comprising 64,96,800 Shares in fresh capital.

The IPO was priced within the band of ₹92 to ₹97, with minimum application lots of 1200 shares. The offering attracted significant investor interest during its subscription period from Jul 08, 2025 to Jul 10, 2025.

Share allotment was finalized on Jul 11, 2025, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

GLEN Industries IPO Details
IPO Date
:
Jul 08, 2025 to Jul 10, 2025
Allotment Date
:
Jul 11, 2025
List Date
:
Jul 15, 2025
Lot Size
:
1,200 share
Issue Price
:
₹92 - ₹97
Issue Size
:
64,96,800 (aggregating up to 63.02 Cr)
Fresh Issue
:
64,96,800 (aggregating up to 63.02 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
1,75,64,570
Share Holding Post-Issue
:
2,40,61,370
Market Marker Portion
:
3,25,200
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares64,96,800
RETAIL
32.43%(21,07,200)
BHNI
9.31%(6,04,800)
SHNI
4.64%(3,01,200)
Anchor
27.71%(18,00,000)
QIB
18.54%(12,04,800)
Employee
2.36%(1,53,600)
Market Maker
5.01%(3,25,200)
Total
100.00%(64,96,800)
GLEN Industries IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials ( In Crores)
GLEN Industries IPO About Company

Incorporated in 2007, Glen Industries Limited (GIL) is involved in the manufacturing of eco-friendly food packaging and service products. The company focuses on producing thin-wall food containers and compostable straws, catering to various sectors including Hotels, Restaurants, Cafés/Catering (HoReCa), the beverage industry, and food packaging. To meet the increasing market demand, GIL has established a new 90,000 sq. ft. manufacturing facility in Dhulagarh, equipped with advanced machinery and a skilled workforce aimed at improving production efficiency and quality standards. The company exports its products to regions such as Europe, the USA, Australia, the Middle East, and Africa, customizing offerings based on local preferences. With a base of over 25 loyal customers, GIL emphasizes its commitment to quality and consistency. The product range includes thin-wall food containers, which began production in 2011 with an initial capacity of 80 MT/month, later scaling up to 665 MT/month by 2022. In 2019, the company diversified into compostable straws made of paper and PLA, achieving monthly production capacities of 95 MT and 160 MT, respectively. In 2022, it further expanded the product line with U-shaped straws designed for the beverage and dairy industries. As of May 31, 2025, GIL employed 306 permanent staff members.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅GLEN Industries IPO Strength Factors
  1. Experienced Leadership: backed by promoters and management with strong industry expertise
  2. Customer Loyalty: trusted by 25+ global customers through long-term relationships
  3. Efficient Manufacturing: operates advanced in-house facilities for quality and cost efficiency
⚠️GLEN Industries IPO Risk Factors
  1. Raw Material Dependency: exposed to price changes and reliance on third-party suppliers
  2. Intra-Group Competition: subsidiary in the same industry without non-compete creates conflict risk
  3. Promoter Influence Risk: absence of checks may allow promoters to favor related entities over GIL
🏦GLEN Industries IPO Lead Manager(s)
GYR Capital Advisors Private Limited
👤GLEN Industries IPO Promoter(s)
  1. Mr. Lalit Agrawal
  2. Mrs. Lata Agrawal
  3. Mr. Nikhil Agrawal
  4. Mrs. Niyati Seksaria
🏢GLEN Industries IPO Company Details

GLEN Industries Limited

Phone:+91 9831087598
address:Rajveena, 2nd Floor, 50A, Block-C, New Alipore Kolkata, West Bengal, 700053
📋GLEN Industries IPO Registrar

Kfin Technologies Limited

Name:Kfin Technologies Limited
Phone:04067162222
❓GLEN Industries IPO FAQs
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