Comparison between Glottis IPO and Quality Power Electrical IPO.
Glottis IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Quality Power Electrical 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 Quality Power Electrical IPO is up to ₹858.70 Cr. The final issue price of Glottis IPO is ₹129.00 per share and of Quality Power Electrical IPO is ₹425.00 per share.
| Glottis IPO | Quality Power Electrical IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹120.00 per share | ₹401.00 per share |
| Issue Price (Upper) | ₹129.00 per share | ₹425.00 per share |
| Issue Price (Final) | ₹129.00 per share | ₹425.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 114 shares | 26 shares |
| Fresh Issue Size | 1,24,03,000 shares | 52,94,100 shares |
| Fresh Issue Size (Amount) | up to ₹160.00 Cr | up to ₹225.00 Cr |
| OFS Issue Size | 1,13,95,640 shares | 1,49,10,500 shares |
| OFS Issue Size (Amount) | up to ₹147.00 Cr | up to ₹633.70 Cr |
| Issue Size Total | 2,37,98,640 shares | 2,02,04,600 shares |
| Issue Size Total (Amount) | up to ₹307.00 Cr | up to ₹858.70 Cr |
Glottis IPO opens on Sep 29, 2025, while Quality Power Electrical IPO opens on Feb 14, 2025. The closing date of Glottis IPO and Quality Power Electrical IPO is Oct 01, 2025, and Feb 18, 2025, respectively.
| Glottis IPO | Quality Power Electrical IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2025 | Feb 13, 2025 |
| Issue Open | Sep 29, 2025 | Feb 14, 2025 |
| Issue Close | Oct 01, 2025 | Feb 18, 2025 |
| Basis Of Allotment (Tentative) | Oct 03, 2025 | Feb 19, 2025 |
| Initiation of Refunds (Tentative) | Oct 06, 2025 | Feb 20, 2025 |
| Credit of Share (Tentative) | Oct 06, 2025 | Feb 20, 2025 |
| Listing date (Tentative) | Oct 07, 2025 | Feb 24, 2025 |
| Anchor Lockin End date 1 | Nov 01, 2025 | Mar 21, 2025 |
| Anchor Lockin End date 2 | Dec 31, 2025 | May 20, 2025 |
Glottis IPO P/E ratio is 18.38, as compared to Quality Power Electrical IPO P/E ratio of 55.28.
| Glottis IPO | Quality Power Electrical 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)
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| Promoter Shareholding (Pre-Issue) | 98.98 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.23 | 73.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.38 | 55.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1192.00 Cr. | ₹3291.38 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 56.98% | 29.15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.58% | 19.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.22 | 0.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.02 | ₹7.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 56.98% | 29.15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Glottis IPO Retail Individual Investors (RII) are offered 95,19,456 shares while in Quality Power Electrical IPO retail investors are offered 95,19,456 shares. Qualified Institutional Buyers (QIB) are offered 28,55,837 shares in Glottis IPO and 60,61,380 shares in Quality Power Electrical IPO.
| Glottis IPO | Quality Power Electrical IPO | |
|---|---|---|
| Anchor Investor Reservation | 42,83,755 shares | 90,92,070 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 28,55,837 shares | 60,61,380 shares |
| NII | 71,39,592 shares | 30,30,690 shares |
| RII | 95,19,456 shares | 20,20,460 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 2,37,98,640 shares | 2,02,04,600 shares |
Glottis IPO subscribed 2.12x in total, whereas Quality Power Electrical IPO subscribed 1.29x.
| Glottis IPO | Quality Power Electrical IPO | |
|---|---|---|
| QIB (times) | 1.84x | 1.03x |
| NII (times) | 3.08x | 1.45x |
| Big NII (times) | 3.77x | 1.78x |
| Small NII (times) | 1.71x | 0.79x |
| RII (times) | 1.47x | 1.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.12x | 1.29x |
