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GLOTTIS IPO

GLOTTIS LIMITED
Start Date29-09-2025
Application Timing10am-5pm
Price Range₹120 - ₹129
Min Qty114
Min. Investment₹13680
Listing DateNA
Close Date01-10-2025

About GLOTTIS LIMITED

Incorporated in June 2024, Glottis Limited is a logistics solutions provider offering multimodal transportation services through ocean, air, and road logistics. The company delivers end-to-end logistics solutions, including freight forwarding, warehousing, storage, third-party logistics (3PL), cargo handling, and customs clearance.

During FY 2024, Glottis Limited handled approximately 95,000 TEUs of imports via ocean freight. The company has a strong presence in India with 8 branch offices located in major cities such as New Delhi, Mumbai, Kolkata, Bengaluru, and Chennai.

Glottis has established an extensive international network across Europe, North America, South America, Africa, the Middle East, and Asia. As of January 2025, the company works with 171 overseas agents, 98 shipping lines, 52 transporters, 43 customs house agents, 22 airlines, and 20 consol agents. It also owns 17 commercial vehicles to support its growing logistics operations.

Why To Invest in GLOTTIS LIMITED

Glottis Ltd. has built a strong presence in the freight forwarding industry, with a particular focus on renewable energy logistics. This niche positioning allows the company to capture opportunities in one of the fastest-growing global sectors while also catering to traditional industries through its wide service portfolio.

The company operates with a vast network of intermediaries and demonstrates efficient utilization of its assets, ensuring smooth and cost-effective logistics operations. Its multimodal capabilities across ocean, air, and road transport make it capable of handling large-scale and diverse projects, giving it an advantage over smaller, single-mode operators.

One of the major strengths of Glottis Ltd. is its long-standing relationships with global customers. Over the years, it has served clients in more than 100 countries, showcasing its ability to deliver consistent and reliable services at an international level. This global reach is further enhanced by a robust network of agents, shipping lines, airlines, and transporters, which strengthens its international presence and supports scalability.

Financial performance adds another layer of confidence for potential investors. The company recorded a revenue growth of 89% and an 81% rise in profit after tax (PAT) in FY 2025 compared to FY 2024, indicating strong momentum. Moreover, its financial ratios such as Return on Equity (ROE) of 56.98% and Return on Capital Employed (ROCE) of 72.58% reflect efficient capital deployment and profitability, positioning Glottis Ltd. as a financially attractive IPO opportunity.

Financial Table
Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets156.1081.7272.08
Total Income942.55499.39478.77
Profit After Tax56.1430.9622.44
EBITDA78.4540.3633.47
NET Worth98.5342.3511.52
Reserves and Surplus82.5341.3510.52
Total Borrowing22.148.0830.61
Strengths And Risks
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Strong Industry Position: Glottis Ltd. has established itself as a leading logistics player, especially in the renewable energy sector. Its expertise in handling complex logistics projects provides a competitive edge in the market.
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Multimodal Operations: The company operates across ocean, air, and road transport, enabling it to offer diversified and scalable logistics solutions to a wide range of industries.
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Wide Global Footprint: With an extensive network of overseas agents, shipping lines, airlines, and intermediaries, Glottis has built strong international connections that support its global expansion strategy.
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Experienced Management Team: The leadership team of Glottis Ltd. brings deep industry knowledge and years of operational expertise, which strengthens decision-making and execution capabilities.
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Financial Growth: The company has shown robust financial performance, with revenue rising by 89% and profit after tax increasing by 81% in FY 2025 compared to FY 2024.
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Competitive Market Environment: The logistics sector is highly competitive, with several domestic and international players, which may impact margins and growth.
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Dependence on Global Trade Cycles: Glottis’ business performance is closely tied to global trade activities. Any slowdown or disruption in international trade could affect operations.
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Moderate Leverage Risk: The company’s debt-to-equity ratio stands at 29.00, reflecting moderate leverage that could pose financial risks in case of downturns.
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Reliance on Partner Networks: A large part of operations depends on overseas agents, shipping partners, and intermediaries. Any disruption in these networks may impact business continuity.
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Thin Profit Margins: Despite strong revenue growth, the PAT margin remains at 5.97%, which is relatively thin and common in the logistics industry.
FAQs
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