Advanced Sys-tek IPO vs Glottis IPO

Comparison between Advanced Sys-tek IPO and Glottis IPO.

IPO Details

Advanced Sys-tek 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.

Issue Size and Price

The total issue size of Advanced Sys-tek IPO is up to ₹0.00 Cr whereas the issue size of the Glottis IPO is up to ₹307.00 Cr. The final issue price of Advanced Sys-tek IPO is and of Glottis IPO is ₹129.00 per share.

 Advanced Sys-tek IPOGlottis 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 Size114 shares
Fresh Issue Size0 shares1,24,03,000 shares
Fresh Issue Size (Amount)up to ₹115.00 Crup to ₹160.00 Cr
OFS Issue Size15,27,500 shares1,13,95,640 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹147.00 Cr
Issue Size Total0 shares2,37,98,640 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹307.00 Cr

IPO Timetable

Advanced Sys-tek IPO opens on , while Glottis IPO opens on Sep 29, 2025. The closing date of Advanced Sys-tek IPO and Glottis IPO is , and Oct 01, 2025, respectively.

Financials & KPIs

Advanced Sys-tek IPO P/E ratio is , as compared to Glottis IPO P/E ratio of 18.38.

 Advanced Sys-tek IPOGlottis IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets260.26270.36177.94165.63
Total Income108.86192.15142.27141.16
Profit After Tax12.1519.2213.176.99
NET Worth198.20187.10127.12114.11
Reserves and Surplus178.97183.90124.32111.30
Amount in ₹ Crore

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.

Period Ended31 Mar 202531 Mar 202431 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
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)82.5798.98
Promoter Shareholding (Post-Issue)74.23
P/E Ratio18.38
Market Cap₹1192.00 Cr.
ROE14.76%56.98%
ROCE20.27%72.58%
Debt/Equity0.020.22
EPS₹7.02
RoNW10.27%56.98%

Shares Offered

In the Advanced Sys-tek IPO Retail Individual Investors (RII) are offered while in Glottis IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Advanced Sys-tek IPO and 28,55,837 shares in Glottis IPO.

 Advanced Sys-tek IPOGlottis IPO
Anchor Investor Reservation42,83,755 shares
Market Maker Reservation0 shares
QIB28,55,837 shares
NII71,39,592 shares
RII95,19,456 shares
Employee0 shares
Others
Total2,37,98,640 shares

Bids Received (Subscription)

Advanced Sys-tek IPO subscribed in total, whereas Glottis IPO subscribed 2.12x.

 Advanced Sys-tek IPOGlottis 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

Compare with others

Compare: