29 Sep 2025 | 3 Mins Read

Glottis IPO receives lukewarm response from retail investors

Flipitmoney

Glottis Ltd's 3-day IPO got 42% subscribed as bids were received for 84.69M shares against 201.23M shares on offer. QIBs category got 1.79 times subscription while Retail and Non-Institutional Investors saw 22% and 16% subscription, respectively. The Rs 307-crore issue concludes on Oct 1 with Glottis making its stock market debut on Oct 7.