Glottis
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 07 Oct 2025 | ₹0 | 0.00% | ₹0 | ₹129 | ₹0 |
| 06 Oct 2025 | ₹0 | 0.00% | ₹0 | ₹129 | ₹0 |
| 05 Oct 2025 | ₹0 | 0.00% | ₹0 | ₹129 | ₹0 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 29 Sept 2025 – 01 Oct 2025
- Listing date
- 07 Oct 2025
- Face value
- ₹2 per share
- Issue price
- ₹129 per share
- Lot size
- 114 shares
- Issue type
- Book Building issue
- Listing at
- NSE
- Total issue size
- ₹307 Cr
- Market cap at offer price
- ₹1,192 Cr
- Promoter holding
- 98.98% → 74.23% pre-issue → post-issue
- ISIN
- INE0TQE01026
- Registrar
- Kfin Technologies Ltd.
- Lead managers
- Pantomath Capital Advisors Pvt.Ltd.
- Registered office
- New No.46, Old No.311, 1st Floor, Thambu Chetty Street, Tamil Nadu
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 42,83,755 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 114 shares per lot, in multiples, at ₹129
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 114 | ₹14,706 |
| Retail (max) | 13 | 1,482 | ₹1,91,178 |
| S-HNI (min) | 14 | 1,596 | ₹2,05,884 |
| S-HNI (max) | 67 | 7,638 | ₹9,85,302 |
| B-HNI (min) | 68 | 7,752 | ₹10,00,008 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹129 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 7.02 | 6.08 |
| P/E (×) | 18.38 | 21.22 |
| Price to book (×) | 10.47 | — |
| Market cap | — | ₹1,192 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 56.98%
- ROCE
- 72.58%
- Debt / equity
- 0.22
- PAT margin
- 5.97%
- EBITDA margin
- 8.34%
- NAV per share
- ₹12.32
- Price to book
- 10.47
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.