Glen Industries IPO GMP, Review, Price, Allotment

Glen Industries IPO GMP, Review, Price, Allotment




Glen Industries IPO GMP

Glen Industries IPO description – Glen Industries specializes in manufacturing a diverse range of food packaging and service products, primarily focusing on thin-wall food containers, polylactic acid (PLA) straws, and paper straws. These products are predominantly supplied to the Hotel, Restaurant, and Café/Catering (HoReCa) sector, as well as the beverage and food packaging industries. The company’s extensive product lineup, available in various shapes and sizes, is highly favored by sectors such as the HoReCa industry, quick service restaurants (QSR), and the food, beverage, and dairy industries.

Glen Industries began manufacturing thin wall food containers with an initial production capacity of 195 MT per month. Through continuous expansion and technological upgrades, the current capacity has increased to 665 MT per month, operating at maximum capacity. In 2019, the company diversified its product line by introducing paper straws and PLA straws, starting with capacities of 21.75 MT per month and 40.60 MT per month, respectively.

Glen Industries regularly exports its products to various regions, including Europe, the USA, Australia, the Middle East, and Africa. The products are specifically designed, developed, and manufactured to cater to the local usage and preferences of each country. As of 30 November 2024, the company has 323 permanent employees.

Glen Industries IPO Allotment Status

Promoters of Glen Industries – Mr. Lalit Agrawal, Mrs. Lata Agrawal, Mr. Nikhil Agrawal, and Mrs. Niyati Seksaria

Table of Contents


Glen Industries Issue Details

Glen Industries IPO Dates Coming soon
Glen Industries Issue Price Coming soon
Fresh issue 65,00,000 shares
Offer For Sale Nil
Total IPO size 65,00,000 shares
Minimum bid (lot size) Coming soon
Face Value  INR 10 per share
Retail Allocation 35%
Listing On BSE SME

Glen Industries Financial Performance

  FY 2022 FY 2023 FY 2024 Q1 FY 2025
Revenue 93.85 118.85 144.50 43.23
Expenses 91.68 114.15 133.70 36.62
Net income 3.68 1.49 8.58 5.24
Figures in INR Crores unless specified otherwise

Glen Industries Offer News


Glen Industries Valuations & Margins

FY 2022 FY 2023 FY 2024
EPS 2.09 0.85 4.88
PE ratio
RONW (%) 30.79 11.15 39.10
NAV 12.87 20.73 25.56
ROCE (%) 18.78 16.50 22.84
EBITDA (%) 13.75 11.62 17.12
Debt/Equity 3.19 2.24 1.98
*Compiled by IPO Central from Prospectus

Glen Industries IPO GMP Today


Glen Industries IPO Subscription – Live Updates

Coming soon

The market maker reservation portion of shares is not included in the above calculations.


Glen Industries IPO Allotment Status

Glen Industries IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.


Glen Industries IPO Dates & Listing Performance

IPO Opening Date Coming soon
IPO Closing Date Coming soon
Finalization of Basis of Allotment Coming soon
Initiation of refunds Coming soon
Transfer of shares to demat accounts Coming soon
IPO Listing Date Coming soon
Opening Price on BSE SME Coming soon
Closing Price on BSE SME Coming soon

Glen Industries Offer Lead Manager

GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 8777564648
Email[email protected]
Website: www.gyrcapitaladvisors.com


Glen Industries Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


GLEN INDUSTRIES LIMITED
Rajveena, 2nd Floor, 50A, Block-C, New Alipore,
Kolkata, West Bengal, India, 700053
Phone: +91 9831087598
E-mail: [email protected]
Website: www.glen-india.com


IPO FAQs

What is the Glen Industries offer size?

Glen Industries offer size is INR crores.

What is the Glen Industries offer price band?

Glen Industries public offer price is INR per share.

What is the lot size of the Glen Industries IPO?

Glen Industries offer lot size is shares.

What is Glen Industries IPO GMP today?

Glen Industries IPO GMP today is INR NA per share.

What is the Glen Industries kostak rate today?

Glen Industries kostak rate today is INR NA per application.

What is Glen Industries IPO Subject to Sauda rate today?

Glen Industries Subject to Sauda rate today is INR NA per application.

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