GLEN Industries Limited

Issue Size (Net)

up to Rs.63.02 Cr

Price Band

Rs.92 to Rs.97 per share

Issue Opens

July 08, 2025

Issue Closes

July 10, 2025

Company Highlights Financials Highlights Issue Details Prospectus

Company Highlights

1.Company Information

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.

GLEN Industries IPO Registrar

Kfin Technologies Limited

Phone: +04067162222, 04079611000
Email: gil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

GLEN Industries Limited Financial Information (Restated Consolidated)

Period Ended	Total Assets	Total Revenue	Profit After Tax	EBITDA	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-25	214.36	171.28	18.27	40.43	40.21	40.8	132.83
31-Mar-24	160.31	145.22	8.58	24.87	26.65	39.16	88.83
31-Mar-23	137.07	119.59	1.49	13.89	18.07	30.67	81.65
Amount in Rs. Crore

GLEN Industries IPO Details

Issue Opening Date	July 08, 2025
Issue Closing Date	July 10, 2025
Face Value	Rs.10 per share
Price	Rs.92 to Rs.97 per share
Lot Size	1,200 Shares
Sale Type	Fresh Capital
Issue Size	64,96,800 shares (aggregating up to Rs.63.02 Cr)
Reserved for Market Maker	3,25,200 shares (aggregating up to Rs.3.15 Cr)
Net Offered to Public	61,71,600 shares (aggregating up to Rs.59.86 Cr)
Employee Discount	Rs.5.00
Issue Type	Bookbuilding IPO
Listing At	BSE SME

GLEN Industries IPO Timeline (Tentative Schedule)

Event	Tentative Date
Opening Date	Tue, July 8, 2025
Closing Date	Thu, July 10, 2025
Tentative Allotment	Fri, July 11, 2025
Initiation of Refunds	Mon, July 14, 2025
Credit of Shares to Demat	Mon, July 14, 2025
Listing Date	Tue, July 15, 2025
Cut-off time for UPI mandate confirmation	5 PM on July 10, 2025