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GLEN Industries Ltd.

GLEN Industries Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹97
₹97
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹97
Based on GMP
Min. Investment
₹116,400
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
08 Jul 2025
Close Date
10 Jul 2025
Allotment
11 Jul 2025
Listing Date
15 Jul 2025
Exchange
BSE SME
Price Band
₹97
Listing Price
See chart
Allotment Status
Price Band
₹97
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
64,96,800 shares (aggregating up to ₹62.94 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹116,400
1 lot
Pre-IPO Holding
1,75,64,570 shares
Promoters
Post-IPO Holding
2,40,61,370 shares
Promoters
P/E (Pre)
9.33x
 
P/E (Post)
12.78x
 
EPS (Pre)
₹10.40
 
EPS (Post)
₹7.59
 
UPI Deadline
2025-07-10
Mandate
Anchor AllotmentMon, 07 Jul 2025
Basis of AllotmentFri, 11 Jul 2025
Refund InitiationMon, 14 Jul 2025
Demat CreditMon, 14 Jul 2025
Listing DayTue, 15 Jul 2025
UPI Mandate Deadline2025-07-10
Sale TypeFresh Capital
Net Offer to Public61,71,600 shares (aggregating up to ₹59.79 Cr)
Market Maker Quota3,25,200 shares (aggregating up to ₹3.15 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
GLEN Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 10 Jul 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
325,200
₹3.15
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,496,800
100% ₹63.02
IPO Shares Offered
GLEN Industries Ltd. IPO total issue size: ₹63.02 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 325,200 ₹3.15
5.01%
Total 6,496,800 ₹63.02
100.00%
* Based on upper price band ₹97 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹97.00
Upper Band
Min Investment
₹116,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹232,800
Retail (Max — 13 Lots)1315,600₹1,513,200
S-HNI (Min — 14 Lots)1416,800₹1,629,600
B-HNI (Min — 68 Lots)6881,600₹7,915,200
* Issue Price ₹97 × Lot Size 1,200 shares
IPO Schedule
Anchor
07 Jul 2025
✓ Done
IPO Open
08 Jul 2025
✓ Done
IPO Close
10 Jul 2025
✓ Done
Allotment
11 Jul 2025
✓ Done
Refunds
14 Jul 2025
✓ Done
Demat Credit
14 Jul 2025
✓ Done
Listing Day
15 Jul 2025
✓ Done
GLEN Industries Ltd. — Live Price LIVE
₹97.00
INR · BSE
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Issue ₹97.00 Live Price
About GLEN Industries Ltd.
Incorporated in 2007, Glen Industries Limited (GIL) is engaged in the manufacturing of eco-friendly food packaging and service products.The company specializes in producing thin-wall food containers and compostable straws, serving sectors such as Hotels, Restaurants, Cafés/Catering (HoReCa), the beverage industry, and food packaging.The company is committed to meeting growing demand with a new 90,000 sq. ft. manufacturing facility in Dhulagarh, equipped with advanced machines and skilled staff to enhance production and quality.The company exports products to Europe, USA, Australia, the Middle East, and Africa, tailored to local preferences. Over 25 loyal customers reflect the company's commitment to quality and consistency.Product Portfolio:Thin-Wall Food Containers: GIL commenced production in 2011 with a capacity of 80 MT/month, expanding to 665 MT/month by 2022.Compostable Straws: The company ventured into manufacturing paper and PLA straws in 2019, with capacities of 95 MT/month and 160 MT/month, respectively. In 2022, GIL introduced U-shaped straws made from paper and PLA for the beverage and dairy industries.As of May 31, 2025, the company had 306 permanent employees.Competitive Strengths:Experienced Promoters, management and operating teamEstablished relationships with customersAdvanced in-house processing facilities with focus on cost competitivenessQuality AssuranceCustomization Capabilities
Objects of the Issue
1
1 Setting Up a new manufacturing facility at Purba Bardhaman, PS – Jamalpur, Gram Panchayat: Jougram, Mouza – Jaugram, JL no 114, West Bengal 713166
2
2 General Corporate Purpose
3
3 Public Issue Expense
GLEN Industries Ltd. Financials (Amount In Crore)
Revenue from Operations
₹119.6
31 Mar 2023
₹145.2
31 Mar 2024
₹171.3
31 Mar 2025
Profit After Tax (PAT)
₹1.5
31 Mar 2023
₹8.6
31 Mar 2024
₹18.3
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 171.28 145.22 119.59
EBITDA 40.43 24.87 13.89
Profit After Tax (PAT) 18.27 8.58 1.49
Net Worth 40.21 26.65 18.07
Total Assets 214.36 160.31 137.07
Reserves & Surplus 40.80 39.16 30.67
Borrowings 132.83 88.83 81.65
EBITDA Margin (%) 23.60%
PAT Margin (%) 10.70%
P/BV Ratio
0.22
RoCE
16.94%
RoNW
45.43%
PAT Margin
10.70%
EBITDA Margin
23.60%
Debt/Equity
2.28
Issue Structure & Shareholding
Total Shares Offered64,96,800 (100.00%)
Net Offer to Public61,71,600 shares (aggregating up to ₹59.79 Cr)
Reserved for Market Maker3,25,200 shares (aggregating up to ₹3.15 Cr)
Pre-Issue Promoter Holding1,75,64,570 shares
Post-Issue Promoter Holding2,40,61,370 shares
P/BV Ratio0.22
RoEN/A
RoCE16.94%
Debt / Equity2.28
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much GLEN Industries Ltd. IPO subscribed?

GLEN Industries Ltd. IPO is subscribed 1.00 times by Jul 10, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is GLEN Industries Ltd. IPO retail subscription status?

The GLEN Industries Ltd. IPO retail category is subscribed 1.00 times as of 10 Jul 2025. The retail portion is oversubscribed.

How to subscribe GLEN Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 08 Jul 2025 and closes 10 Jul 2025. Min investment: ₹116,400 (1 lot = 1,200 shares). UPI mandate: 2025-07-10.

How many times GLEN Industries Ltd. IPO subscribed?

The GLEN Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check GLEN Industries Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Jul 2025. Refunds: on 14 Jul 2025.

When GLEN Industries Ltd. IPO will be listed?

The GLEN Industries Ltd. IPO listing date is 15 Jul 2025, Tuesday. Listed on: BSE SME. Issue price: ₹97. Estimated listing: ₹97. GMP: NIL.

When GLEN Industries Ltd. IPO close?

The GLEN Industries Ltd. IPO closes on 10 Jul 2025, Thursday. UPI mandate: 2025-07-10. Allotment: 11 Jul 2025. Listing: 15 Jul 2025.