Comparison between Glottis IPO and Hexaware Technologies IPO.
Glottis IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Hexaware Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Glottis IPO is up to ₹307.00 Cr whereas the issue size of the Hexaware Technologies IPO is up to ₹8,750.00 Cr. The final issue price of Glottis IPO is ₹129.00 per share and of Hexaware Technologies IPO is ₹708.00 per share.
| Glottis IPO | Hexaware Technologies IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹120.00 per share | ₹674.00 per share |
| Issue Price (Upper) | ₹129.00 per share | ₹708.00 per share |
| Issue Price (Final) | ₹129.00 per share | ₹708.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹67.00 per share | |
| Market Lot Size | 114 shares | 21 shares |
| Fresh Issue Size | 1,24,03,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹160.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,13,95,640 shares | 12,36,15,318 shares |
| OFS Issue Size (Amount) | up to ₹147.00 Cr | up to ₹8,750.00 Cr |
| Issue Size Total | 2,37,98,640 shares | 12,36,15,318 shares |
| Issue Size Total (Amount) | up to ₹307.00 Cr | up to ₹8,750.00 Cr |
Glottis IPO opens on Sep 29, 2025, while Hexaware Technologies IPO opens on Feb 12, 2025. The closing date of Glottis IPO and Hexaware Technologies IPO is Oct 01, 2025, and Feb 14, 2025, respectively.
| Glottis IPO | Hexaware Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2025 | Feb 11, 2025 |
| Issue Open | Sep 29, 2025 | Feb 12, 2025 |
| Issue Close | Oct 01, 2025 | Feb 14, 2025 |
| Basis Of Allotment (Tentative) | Oct 03, 2025 | Feb 17, 2025 |
| Initiation of Refunds (Tentative) | Oct 06, 2025 | Feb 18, 2025 |
| Credit of Share (Tentative) | Oct 06, 2025 | Feb 18, 2025 |
| Listing date (Tentative) | Oct 07, 2025 | Feb 19, 2025 |
| Anchor Lockin End date 1 | Nov 01, 2025 | Mar 18, 2025 |
| Anchor Lockin End date 2 | Dec 31, 2025 | May 17, 2025 |
Glottis IPO P/E ratio is 18.38, as compared to Hexaware Technologies IPO P/E ratio of .
| Glottis IPO | Hexaware Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | 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.
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.98 | 95.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.23 | 74.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1192.00 Cr. | ₹43024.78 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 56.98% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.58% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 56.98% | 23.6% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Glottis IPO Retail Individual Investors (RII) are offered 95,19,456 shares while in Hexaware Technologies IPO retail investors are offered 95,19,456 shares. Qualified Institutional Buyers (QIB) are offered 28,55,837 shares in Glottis IPO and 2,44,63,277 shares in Hexaware Technologies IPO.
| Glottis IPO | Hexaware Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 42,83,755 shares | 3,66,94,914 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 28,55,837 shares | 2,44,63,277 shares |
| NII | 71,39,592 shares | 1,83,47,458 shares |
| RII | 95,19,456 shares | 4,28,10,735 shares |
| Employee | 0 shares | 14,04,056 shares |
| Others | ||
| Total | 2,37,98,640 shares | 12,37,20,440 shares |
Glottis IPO subscribed 2.12x in total, whereas Hexaware Technologies IPO subscribed 2.79x.
| Glottis IPO | Hexaware Technologies IPO | |
|---|---|---|
| QIB (times) | 1.84x | 9.55x |
| NII (times) | 3.08x | 0.21x |
| Big NII (times) | 3.77x | 0.24x |
| Small NII (times) | 1.71x | 0.16x |
| RII (times) | 1.47x | 0.11x |
| Employee (times) | 0.33x | |
| Other (times) | ||
| Total (times) | 2.12x | 2.79x |
