Glotiss Limited is a logistics company based in India. The firm arranges for goods to be moved long distances, using a mix of ocean, air, and road transport. They also offer warehousing, cargo storage, third-party logistics, and customs clearance, helping clients ship goods across India and the world. Glotiss managed about 95,000 containers (TEUs) in FY24 through ocean freight, with major offices in cities including New Delhi, Mumbai, Kolkata, Cochin, and more. The company works with 171 overseas agents, 98 shipping lines, 52 transporters, 43 customs agents, and 22 airlines.
READ FULL DRHP HERE: |SEBI DRHP GLOTISS LTD|
IPO Details
| Details | Information |
|---|---|
| IPO Opening Date | September 29, 2025 |
| IPO Closing Date | October 1, 2025 |
| Listing Date | October 7, 2025 |
| IPO Price Band | ₹120 – ₹129 per share |
| Minimum Lot Size | 114 shares (about ₹14,706 at highest price) |
| Issue Size | ₹307 crore (₹160 crore fresh + ₹147 crore OFS) |
| Face Value | ₹2 per share |
| Stock Exchanges | BSE, NSE |
| Registrar | Kfin Technologies Ltd CLICK HERE |
| Book-Running Lead Manager | Notified in RHP |
Important Dates
| Event | Date |
|---|---|
| IPO Opens | September 29, 2025 |
| IPO Closes | October 1, 2025 |
| Allotment Date | October 3, 2025 |
| Refunds | October 6, 2025 |
| Shares Credited | October 6, 2025 |
| Listing Date | October 7, 2025 |
What Is the Money Used For?
The money raised will be used for:
- Daily working capital (cash flow and funding business)
- Business expansion and scaling up operations
- General company needs
Key Financials
| Metric | FY24 (₹ Cr) | FY25 (₹ Cr) |
|---|---|---|
| Revenue | 499.39 | 942.55 |
| Profit After Tax | 30.96 | 56.14 |
| EPS (Earnings Per Share) | 3.87 | 7.02 |
| ROE (Return on Equity) | 73.1% | 56.98% |
| ROCE | 95.91% | 72.58% |
| PAT Margin | 6.20% | 5.97% |
| P/E Ratio (Pre IPO) | 18.38 | – |
| Market Cap (Post Issue) | – | ₹1192 crore |
Explanation of the financials terms:
- Revenue: Total sales during the year.
- EPS: Profit for each share – shows how much the company earns for every share.
- ROE: How efficiently the company uses investors’ money.
- ROCE: How well the company uses all its funding (including debt and assets).
- PAT Margin: How much profit is kept from every ₹100 of sales.
- P/E Ratio: Shows if the shares are expensive compared to company earnings.
ANALYSIS:
-
Glotiss earned ₹499.39 crore in FY24 and increased its revenue to ₹942.55 crore in FY25.
-
This is an impressive 89% growth in one year, showing strong business expansion.
-
The final profit after all expenses and taxes grew from ₹30.96 crore in FY24 to ₹56.14 crore in FY25.
-
This marks an 81% increase in profitability over the year.
-
EPS rose from ₹3.87 in FY24 to ₹7.02 in FY25.
-
This means the company made almost double the profit per share last year.
-
ROE, which measures how well the company uses shareholders’ money, was extremely high at 73.1% in FY24 and 56.98% in FY25.
-
High ROE shows the company is giving very strong returns to investors.
-
ROCE was 95.91% in FY24 and slightly decreased to 72.58% in FY25.
-
This is still a very high value, indicating effective use of all capital, including debt.
-
PAT margin remained stable, with 6.20% in FY24 and 5.97% in FY25.
-
This means Glotiss kept nearly ₹6 as profit for every ₹100 of sales.
WHY DO SOME INVESTORS LIKE THIS IPO?
- Rapid growth: Revenue nearly doubled from FY24 to FY25.
- Profits also rose by over 80% in a year, showing strong business momentum.
- High ROE and ROCE, meaning Glotiss makes good use of money and assets.
- Nationwide and global presence, making them a flexible logistics partner.
POINTS OF CAUTION:
- Business depends on global trade and shipping cycles—can be hit by economic slowdown.
- Competes with many other logistics companies and international giants.
- Currency movements and regulatory changes can affect profits.