Mumbai, Oct. 3 -- The initial public offer of Glottis received bids for 4,12,93,878 shares as against 2,01,23,929 shares on offer. The issue was subscribed 2.05 times.

The Non-Institutional Investors category was subscribed 2.97 times, the Qualified Institutional Buyers (QIB) category was subscribed 1.87 times and the Retail Individual Investors category was subscribed 1.42 times.

The issue opened for bidding on 29 September 2025 and it closed on 1 October 2025. The price band of the IPO is fixed between Rs 120 and 129 per share.

The issue comprised both fresh issue of equity shares up to Rs 160 crore and offer for sale of 1,13,95,640 equity shares by the promoter selling shareholders. The OFS comprises sale of 56,97,820 equity shares ...