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Clear AllQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Bidding Date
08-Jul-2025 to
10-Jul-2025
Issue Size
₹63.02 Cr
Price Band
₹92 to ₹97
Allotment date
11-Jul-2025
Listing date
15-Jul-2025
Lot size
1200
No. of shares
64,96,800
Fresh issue/OFS
₹63.02 Cr /--
Established in 2007, Glen Industries Limited is a manufacturer of eco-conscious food packaging and service products, catering primarily to the HoReCa, QSR, beverage, and dairy sectors. The company’s core offerings include thin wall food containers, PLA straws, and paper straws, with products tailored for both domestic and international markets. Glen has scaled its operations from stationery to food-grade packaging, now operating a modern facility in Howrah, West Bengal with advanced injection moulding and quality control systems.
Category
Status
QIBs
192.5x
NIIs
350.7x
Retail
224.6x
Others
0.4x
Total
242.1x
The issue size of GLEN is ₹63.02 Cr.
GLEN falls into Containers & Packaging industry.
The GLEN IPO will be listed on NSE.
The open and close dates for the GLEN are 08-Jul-2025 & 10-Jul-2025.
The price band for the GLEN ipo is ₹92 to ₹97
The listing date of GLEN IPO is 15-Jul-2025.
The purpose of this IPO is to raise fresh capital.
GLEN total subscription ratio is 242.1X.
Key financial of the GLEN are:
| GLEN | FY-25 | FY-24 | FY-23 | FY-22 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 170.66 | 144.5 | 118.85 | 93.85 |
| EBIT (₹ Cr) | 32.98 | 18.17 | 10.35 | 6.02 |
| Proft after Tax (₹ Cr) | 18.27 | 8.58 | 1.49 | 3.68 |
| Debt (₹ Cr) | 132.83 | 88.83 | 81.65 | 72.18 |
| Net Worth (₹ Cr) | 58.36 | 44.9 | 36.42 | 22.6 |
| RoE (%) | 31.3 | 19.11 | 4.08 | 16.27 |