The equity shares are proposed to be listed on bse and the nse

Chennai-based logistics firm glottis proposes to open its initial public offering on September 29. The price band of the offer has been fixed as ₹ 120-129 per share of factor ₹ 2. Bids can be made for a minimum of 114 equity shares.

The IPO Comprises of a Fresh Issue oaggregating up to ₹ 160 Crore and An Offer For Sale of Up to 1.14 Crore Hares by Selling Sharehlders (56.98 Lakh Shares by Each Shares by Each Shares by Manikandan).

The equity shares are proposed to be listed on bse ltd and the national stock exchange of India ltd.

The company offers Multi-modal integrated logistics solutions, which include end to end transportation solutions through Ocean, Air and Road Logistics Services. This includes Ocean Freight Forwarding (Project Cargo Load and full container load, important as well as expert); Air Freight forwarding (import as expert); Road transportation; Along with Other Ancillary Services, Including Warehousing, Storage, Cargo Handling, Third-Party Logistics Services and Custom Clearance, Among others.

We have handled ~ 95,000 teus of imports through Ocean during the fiscal 2024, the company said in its DRHP.

Published on September 24, 2025