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GLEN Industries IPO vs Globtier Infotech IPO

Comparison between GLEN Industries IPO and Globtier Infotech IPO.

IPO Details

GLEN Industries IPO is a SME Fixed Price IPO proposed to list at BSE SME while Globtier Infotech IPO is a SME Fixed Price proposed to list at BSE SME.

 GLEN Industries IPOGlobtier Infotech IPO
LogoGLEN Industries IPO LogoGlobtier Infotech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Shannon Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of GLEN Industries IPO is up to ₹59.79 Cr whereas the issue size of the Globtier Infotech IPO is up to ₹29.43 Cr. The final issue price of GLEN Industries IPO is ₹97.00 per share and of Globtier Infotech IPO is ₹72.00 per share.

 GLEN Industries IPOGlobtier Infotech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹92.00 per share
Issue Price (Upper)₹97.00 per share
Issue Price (Final)₹97.00 per share₹72.00 per share
Discount (Retail)
Discount (Employee)₹5.00 per share
Market Lot Size1200 shares1600 shares
Fresh Issue Size61,71,600 shares35,87,200 shares
Fresh Issue Size (Amount)up to ₹59.79 Crup to ₹25.83 Cr
OFS Issue Size0 shares5,00,800 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹3.61 Cr
Issue Size Total61,71,600 shares40,88,000 shares
Issue Size Total (Amount)up to ₹59.79 Crup to ₹29.43 Cr

IPO Timetable

GLEN Industries IPO opens on Jul 08, 2025, while Globtier Infotech IPO opens on Aug 25, 2025. The closing date of GLEN Industries IPO and Globtier Infotech IPO is Jul 10, 2025, and Aug 28, 2025, respectively.

 GLEN Industries IPOGlobtier Infotech IPO
Anchor Bid DateJul 07, 2025
Issue OpenJul 08, 2025Aug 25, 2025
Issue CloseJul 10, 2025Aug 28, 2025
Basis Of Allotment (Tentative)Jul 11, 2025Aug 29, 2025
Initiation of Refunds (Tentative)Jul 14, 2025Sep 01, 2025
Credit of Share (Tentative)Jul 14, 2025Sep 01, 2025
Listing date (Tentative)Jul 15, 2025Sep 02, 2025
Anchor Lockin End date 1Aug 10, 2025
Anchor Lockin End date 2Oct 09, 2025

Financials & KPIs

GLEN Industries IPO P/E ratio is 9.33, as compared to Globtier Infotech IPO P/E ratio of 14.82.

 GLEN Industries IPOGlobtier Infotech IPO
Financials

GLEN Industries Limited Financial Information (Restated Consolidated)

GLEN Industries Limited's revenue increased by 18% and profit after tax (PAT) rose by 113% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets214.36160.31137.07
Total Income171.28145.22119.59
Profit After Tax18.278.581.49
EBITDA40.4324.8713.89
Net Worth40.2126.6518.07
Reserves and Surplus40.8039.1630.67
Total Borrowing132.8388.8381.65
Amount in ₹ Crore
EBITDA
Promoter Shareholding (Pre-Issue)100.0099.87
Promoter Shareholding (Post-Issue)72.9971.39
P/E Ratio9.3314.82
Market Cap₹233.40 Cr.₹108.87 Cr.
ROE31.55%
ROCE16.94%47.68%
Debt/Equity2.280.60
EPS₹10.40₹4.86
RoNW45.43%31.55%

Shares Offered

In the GLEN Industries IPO Retail Individual Investors (RII) are offered 21,07,200 shares while in Globtier Infotech IPO retail investors are offered 21,07,200 shares. Qualified Institutional Buyers (QIB) are offered 12,04,800 shares in GLEN Industries IPO and 0 shares in Globtier Infotech IPO.

 GLEN Industries IPOGlobtier Infotech IPO
Anchor Investor Reserveration18,00,000 shares
Market Maker Reserveration3,25,200 shares2,24,000 shares
QIB12,04,800 shares0 shares
NII9,06,000 shares20,40,000 shares
RII21,07,200 shares20,48,000 shares
Employee1,53,600 shares0 shares
Others
Total61,71,600 shares40,88,000 shares

Bids Received (Subscription)

GLEN Industries IPO subscribed 260.28x in total, whereas Globtier Infotech IPO subscribed 1.34x.

 GLEN Industries IPOGlobtier Infotech IPO
QIB (times)192.46x
NII (times)476.25x0.63x
Big NII (times)588.85x
Small NII (times)251.24x
RII (times)225.15x2.04x
Employee (times)0.36x
Other (times)
Total (times)260.28x1.34x