Comparison between Glottis IPO and Rite Water Solutions IPO.
Glottis IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rite Water Solutions 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 Rite Water Solutions IPO is up to ₹745.00 Cr. The final issue price of Glottis IPO is ₹129.00 per share and of Rite Water Solutions IPO is .
| Glottis IPO | Rite Water Solutions IPO | |
|---|---|---|
| Face Value | ₹2 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 | 1,24,03,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹160.00 Cr | up to ₹300.00 Cr |
| OFS Issue Size | 1,13,95,640 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹147.00 Cr | up to ₹445.00 Cr |
| Issue Size Total | 2,37,98,640 shares | 0 shares |
| Issue Size Total (Amount) | up to ₹307.00 Cr | up to ₹745.00 Cr |
Glottis IPO opens on Sep 29, 2025, while Rite Water Solutions IPO opens on . The closing date of Glottis IPO and Rite Water Solutions IPO is Oct 01, 2025, and , respectively.
| Glottis IPO | Rite Water Solutions 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 |
Glottis IPO P/E ratio is 18.38, as compared to Rite Water Solutions IPO P/E ratio of .
| Glottis IPO | Rite Water Solutions IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 80.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1192.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 56.98% | 21.04% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.58% | 27.22% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.22 | 0.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 56.98% | 21.04% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Glottis IPO Retail Individual Investors (RII) are offered 95,19,456 shares while in Rite Water Solutions IPO retail investors are offered 95,19,456 shares. Qualified Institutional Buyers (QIB) are offered 28,55,837 shares in Glottis IPO and in Rite Water Solutions IPO.
| Glottis IPO | Rite Water Solutions 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 |
Glottis IPO subscribed 2.12x in total, whereas Rite Water Solutions IPO subscribed .
| Glottis IPO | Rite Water Solutions 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 |
