07 Oct 2025

Glottis Shares Slip 31.78% on Market Debut at RS 88

Glottis made a weak debut on the BSE, listing at RS 88.00 per share — a sharp decline of 41 points or 31.78% from its issue price of RS 129.00.

The stock is currently trading at RS 89.95, down by 39.05 points or 30.27% from the issue price. During the session, it touched an intraday high of RS 93.00 and a low of RS 81.10, with around 9.91 lakh shares changing hands on the counter.

The IPO, which was open for subscription from September 29, 2025, to October 1, 2025, was subscribed 2.12 times. The issue price was set at RS 129 per share — the upper limit of the RS 120–129 price band.

Glottis provides comprehensive logistics and supply chain solutions, offering multimodal services across ocean freight, air freight, and road transportation, along with warehousing, cargo handling, custom clearance, and third-party logistics (3PL) support.