27 Sep 2025 | 5 Mins Read
Glottis Rs 307 crore IPO to open September 29
Flipitmoney
Glottis, a Tamil Nadu-based logistics company, raised Rs 55.26 crore from seven institutional investors through an anchor book ahead of its Rs 307 crore IPO. The company allocated 42,83,755 equity shares at the upper price band of Rs 129. Glottis aims to raise Rs 160 crore via fresh shares to purchase vehicles and containers. The IPO opens on September 29 and closes on October 1.