Comparison between A-One Steels IPO and Glottis IPO.
A-One Steels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Glottis IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of A-One Steels IPO is up to ₹650.00 Cr whereas the issue size of the Glottis IPO is up to ₹307.00 Cr. The final issue price of A-One Steels IPO is and of Glottis IPO is ₹129.00 per share.
| A-One Steels IPO | Glottis IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹120.00 per share | |
| Issue Price (Upper) | ₹129.00 per share | |
| Issue Price (Final) | ₹129.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 114 shares | |
| Fresh Issue Size | 0 shares | 1,24,03,000 shares |
| Fresh Issue Size (Amount) | up to ₹600.00 Cr | up to ₹160.00 Cr |
| OFS Issue Size | 0 shares | 1,13,95,640 shares |
| OFS Issue Size (Amount) | up to ₹50.00 Cr | up to ₹147.00 Cr |
| Issue Size Total | 0 shares | 2,37,98,640 shares |
| Issue Size Total (Amount) | up to ₹650.00 Cr | up to ₹307.00 Cr |
A-One Steels IPO opens on , while Glottis IPO opens on Sep 29, 2025. The closing date of A-One Steels IPO and Glottis IPO is , and Oct 01, 2025, respectively.
| A-One Steels IPO | Glottis IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2025 | |
| Issue Open | Sep 29, 2025 | |
| Issue Close | Oct 01, 2025 | |
| Basis Of Allotment (Tentative) | Oct 03, 2025 | |
| Initiation of Refunds (Tentative) | Oct 06, 2025 | |
| Credit of Share (Tentative) | Oct 06, 2025 | |
| Listing date (Tentative) | Oct 07, 2025 | |
| Anchor Lockin End date 1 | Nov 01, 2025 | |
| Anchor Lockin End date 2 | Dec 31, 2025 |
A-One Steels IPO P/E ratio is , as compared to Glottis IPO P/E ratio of 18.38.
| A-One Steels IPO | Glottis IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)Glottis Ltd.'s revenue increased by 89% and profit after tax (PAT) rose by 81% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 85.86 | 98.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1192.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.42% | 56.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.45% | 72.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.34 | 0.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.62 | ₹7.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.13% | 56.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the A-One Steels IPO Retail Individual Investors (RII) are offered while in Glottis IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in A-One Steels IPO and 28,55,837 shares in Glottis IPO.
| A-One Steels IPO | Glottis IPO | |
|---|---|---|
| Anchor Investor Reservation | 42,83,755 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 28,55,837 shares | |
| NII | 71,39,592 shares | |
| RII | 95,19,456 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 2,37,98,640 shares |
A-One Steels IPO subscribed in total, whereas Glottis IPO subscribed 2.12x.
| A-One Steels IPO | Glottis IPO | |
|---|---|---|
| QIB (times) | 1.84x | |
| NII (times) | 3.08x | |
| Big NII (times) | 3.77x | |
| Small NII (times) | 1.71x | |
| RII (times) | 1.47x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.12x |
