Mumbai, Sept. 29 -- The initial public offer of Glottis received bids for 84,69,402 shares as against 2,01,23,929 shares on offer, according to stock exchange data at 17:00 IST on Monday (29 September 2025). The issue was subscribed 0.42 times.

The issue opened for bidding on 29 September 2025 and it will close on 1 October 2025. The price band of the IPO is fixed between Rs 120 and 129 per share. An investor can bid for a minimum of 114 equity shares and in multiples thereof.

The issue comprises 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 by Ramkumar Senthilvel and 56,97,820 equity shares by K...