GLEN Industries IPO Date, Price, Details
GLEN Industries IPO is scheduled to open on July 8, 2025, and will close on July 10, 2025. This IPO is being launched as a Book Built Issue, aiming to raise approximately ₹63.02 crores. The offering consists entirely of a fresh issue, with equity shares having a face value of ₹10 each. Details regarding the offer for sale are yet to be disclosed.
The price band for the IPO is set between ₹92 and ₹97 per share. The allocation structure reserves 50% for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 35% for retail investors.
The basis of allotment will be finalized on July 11, 2025, and the shares are expected to be listed on the BSE on July 15, 2025.
On the financial front, GLEN Industries recorded a revenue of ₹171.28 crores in FY 2025, up from ₹145.22 crores in FY 2024. Net profit also saw a significant jump, rising from ₹8.58 crores to ₹18.27 crores over the same period.
GLEN Industries IPO Market Lot Size
The GLEN Industries IPO minimum market lot is 1200 shares with ₹1,16,400 application amount
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹1,16,400 |
Retail Maximum | 1 | 1200 | ₹1,16,400 |
S-HNI Minimum | 2 | 2,400 | ₹2,32,800 |
GLEN Industries IPO Details
IPO Open Date: | July 8, 2025 |
IPO Close Date: | July 10, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹92 to ₹97 Per Share |
Issue Size: | Approx ₹63.02 Crores |
Fresh Issue: | Approx ₹63.02 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
GLEN Industries IPO Valuation – FY2025 (KPI)
Check GLEN Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 45.43% |
ROCE: | 16.94% |
EBITDA Margin: | 23.60% |
PAT Margin: | 10.70% |
Debt to equity ratio: | 2.28 |
Earning Per Share (EPS): | ₹10.4 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 45.43% |
Net Asset Value (NAV): | ₹33.23 |
GLEN Industries IPO Company Financial Report
The company recorded a total revenue of ₹171.28 crores in FY 2025, showing growth from ₹145.22 crores in FY 2024. Its net profit nearly doubled, rising to ₹18.27 crores in FY 2025, compared to ₹8.58 crores in the previous year.
(All figures are in ₹ crores.)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹96.71 | ₹91.68 | ₹3.85 | ₹117.11 |
2023 | ₹119.59 | ₹114.15 | ₹0.57 | ₹137.07 |
2024 | ₹145.22 | ₹133.70 | ₹8.58 | ₹160.32 |
2025 | ₹171.28 | ₹146.65 | ₹18.27 | ₹214.36 |
GLEN Industries IPO Dates
The GLEN Industries IPO date is 8 July and the close date is 10 July. The GLEN Industries IPO allotment will be finalized on 11 July and the IPO listing on 15 July.
IPO Open Date: | July 8, 2025 |
IPO Close Date: | July 10, 2025 |
Basis of Allotment: | July 11, 2025 |
Refunds: | July 14, 2025 |
Credit to Demat Account: | July 14, 2025 |
IPO Listing Date: | July 15, 2025 |
Promoters of GLEN Industries IPO
The promoters of the company are Mr. Lalit Agrawal, Mrs. Lata Agrawal, Mr. Nikhil Agrawal, and Mrs. Niyati Seksaria.
About GLEN Industries IPO
Glen Industries Limited, established in 2007, has emerged as a key player in the eco-friendly food packaging segment. The company specializes in producing sustainable products such as Thin Wall Food Containers, Polylactic Acid (PLA) Straws, and Paper Straws, catering primarily to the HoReCa (Hotel, Restaurant, and Catering) sector, along with the beverage and food packaging industries.
Originally incorporated as Glen Stationery Private Limited, the company initially focused on stationery and printed materials. Over time, it transitioned to the name Glen Industries Limited to reflect its broader manufacturing ambitions.
In 2019, Glen Industries ventured into the production of Thin Wall Food Containers, starting with a monthly capacity of 195 metric tonnes (MT). Thanks to ongoing investments in technology and infrastructure, this capacity has now scaled up to 665 MT per month, operating at full utilization.
To support its growing operations, the company is now setting up a state-of-the-art 90,000 sq. ft. manufacturing plant in Dhulagarh, equipped with the latest machinery and a skilled workforce—aimed at enhancing both output and product quality.
Glen Industries has established a strong international footprint, exporting to markets in Europe, the United States, Australia, the Middle East, and Africa. With a base of 25 long-term clients, the company underscores its commitment to quality, consistency, and sustainable solutions.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Rajshree Polypack Limited | 1.09 | 24.94 | 4.98% | 21.73 | 334.70 Cr. |
Objects of the IPO
Establishing a new production unit at Jougram, PS – Jamalpur, Purba Bardhaman, located in West Bengal (JL No. 114, PIN – 713166) to expand manufacturing capabilities.
Allocation of funds for general corporate requirements, supporting the company’s overall business operations and strategic initiatives.
Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
GLEN Industries Limited
Rajveena, 2nd Floor,
50A, Block-C,
New Alipore
Phone: +91 9831087598
Email: [email protected]
Website: http://www.glen-india.com/
GLEN Industries IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
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