GLEN Industries IPO Details
The GLEN Industries IPO is a book build issue with a total issue size of ₹63.02 cr, comprising of fresh issue of 6496800 equity shares. GLEN Industries IPO opened for subscription on Jul 08, 2025 and closed on Jul 10, 2025. GLEN Industries IPO is set price band at ₹92 to ₹97 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹232,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 11, 2025, and listed on both the NSE and BSE on Jul 15, 2025.
Kfin Technologies Limited has been appointed as the registrar. GYR Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the GLEN Industries IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 92 – 97
- Lot Size
- 1200
- Issue Size
- ₹63.02 Cr
- Minimum Investment
- ₹232800 (2400 Shares)
- Listing Date
- 15 July 2025
Current GMP
₹55 (+56.70%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About GLEN Industries Limited
GLEN Industries Limited, originally incorporated as GLEN Stationery Private Limited on October 5, 2007, in West Bengal, initially focused on manufacturing stationery and printing materials. Over time, the company transitioned into the packaging sector and underwent a series of corporate changes:
- Renamed to GLEN Industries Private Limited in December 2018.
- Converted to a public limited company and renamed GLEN Industries Limited in August 2024.
Business Activities:
GLEN Industries is engaged in the manufacturing of a diverse range of food packaging and service products, with a strong presence in the following markets:
- HoReCa (Hotel, Restaurant, Café/Catering)
- Quick Service Restaurants (QSR)
- Food, beverage, and dairy industries
Key Products:
- Thin Wall Food Containers
- Straws:
- Paper Straws
- Polylactic Acid (PLA) Straws
- U-shape Paper & PLA Straws for the beverage and dairy industries
Manufacturing & Capacity:
- Began food container production in 2019 with 195 MT/month; currently operates at 665 MT/month.
- Started straw production in 2019:
- Paper Straws: Now at 95 MT/month
- PLA Straws: Now at 160 MT/month
- Built a state-of-the-art 90,000 sq. ft. facility in Dhulagarh, Howrah, West Bengal to boost capacity and competitiveness.
- Production uses advanced, fully electric injection moulding machines from Japan and China.
- Maintains strict quality control and hygiene standards across all operations.
Export Market:
GLEN Industries exports regularly to:
- Europe, USA, Australia, Middle East, and Africa
- Has a loyal base of 25+ recurring international clients
Key Strengths:
- Highly skilled workforce and professional management
- Cutting-edge manufacturing infrastructure
- End-to-end control under one roof ensures quality and operational efficiency
- Strong compliance with international standards
- Customer-oriented with custom product design and labeling options
GLEN Industries IPO Promoters
- Mr. Lalit Agrawal
- Mrs. Lata Agrawal
- Mr. Nikhil Agrawal
- Mrs. Niyati Seksaria
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.99%
GLEN Industries IPO Objective
The Company GLEN Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Setting Up a new manufacturing facility at Purba Bardhaman, PS – Jamalpur, Gram Panchayat: Jougram, Mouza – Jaugram, JL no 114, West Bengal 713166
- General Corporate Purpose
Address / Contact Info
GLEN Industries Limited
Rajveena, 2nd Floor,
50A, Block-C,New Alipore
Kolkata, West Bengal, 700053
Phone: +91 9831087598
Email: info@glen-india.com
Website: http://www.glen-india.com/
IPO Snapshot
Book Running Lead Managers
- GYR Capital Advisors Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
GLEN Industries IPO is a Book-building IPO with a total issue size of ₹63.02 crore. The GLEN Industries IPO price band is ₹92 to 97 per share. The GLEN Industries IPO subscription opens on Tue, Jul 8, 2025, and closes on Thu, Jul 10, 2025. The GLEN Industries IPO will be listed on the BSE. Kfin Technologies Limited is the registrar for the GLEN Industries IPO.
The GLEN Industries IPO opens on Tue, Jul 8, 2025 and closes on Thu, Jul 10, 2025
GLEN Industries IPO Price Band is ₹92 to 97 per share.
GLEN Industries IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹232800 based on the upper price band
The minimum investment for GLEN Industries IPO is ₹232800, based on one lot of 1200 shares at the upper price band of ₹97 per share.
Investors can apply for the GLEN Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jul 10, 2025. The application amount remains blocked until the GLEN Industries IPO allotment is finalized.
GLEN Industries IPO issue size is ₹63.02 crores.
GLEN Industries IPO allotment date is Wed, Jul 1, 2026.
The registrar for GLEN Industries IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check GLEN Industries IPO allotment status, refund processing, and other IPO-related information.
The GLEN Industries IPO GMP (Grey Market Premium) is ₹55 as of Tue, Jul 15, 2025. Based on the upper price band of ₹97 per share, the estimated GLEN Industries IPO listing price is ₹152, indicating a potential listing gain of approximately 0% over the issue price.