Comparison between Glottis IPO and Shringar House of Mangalsutra IPO.
Glottis IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shringar House of Mangalsutra 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 Shringar House of Mangalsutra IPO is up to ₹400.95 Cr. The final issue price of Glottis IPO is ₹129.00 per share and of Shringar House of Mangalsutra IPO is ₹165.00 per share.
| Glottis IPO | Shringar House of Mangalsutra IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹120.00 per share | ₹155.00 per share |
| Issue Price (Upper) | ₹129.00 per share | ₹165.00 per share |
| Issue Price (Final) | ₹129.00 per share | ₹165.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹15.00 per share | |
| Market Lot Size | 114 shares | 90 shares |
| Fresh Issue Size | 1,24,03,000 shares | 2,43,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹160.00 Cr | up to ₹400.95 Cr |
| OFS Issue Size | 1,13,95,640 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹147.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,37,98,640 shares | 2,43,00,000 shares |
| Issue Size Total (Amount) | up to ₹307.00 Cr | up to ₹400.95 Cr |
Glottis IPO opens on Sep 29, 2025, while Shringar House of Mangalsutra IPO opens on Sep 10, 2025. The closing date of Glottis IPO and Shringar House of Mangalsutra IPO is Oct 01, 2025, and Sep 12, 2025, respectively.
| Glottis IPO | Shringar House of Mangalsutra IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2025 | Sep 09, 2025 |
| Issue Open | Sep 29, 2025 | Sep 10, 2025 |
| Issue Close | Oct 01, 2025 | Sep 12, 2025 |
| Basis Of Allotment (Tentative) | Oct 03, 2025 | Sep 15, 2025 |
| Initiation of Refunds (Tentative) | Oct 06, 2025 | Sep 16, 2025 |
| Credit of Share (Tentative) | Oct 06, 2025 | Sep 16, 2025 |
| Listing date (Tentative) | Oct 07, 2025 | Sep 17, 2025 |
| Anchor Lockin End date 1 | Nov 01, 2025 | Oct 15, 2025 |
| Anchor Lockin End date 2 | Dec 31, 2025 | Dec 13, 2025 |
Glottis IPO P/E ratio is 18.38, as compared to Shringar House of Mangalsutra IPO P/E ratio of 19.47.
| Glottis IPO | Shringar House of Mangalsutra 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)Shringar House of Mangalsutra Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 96% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 98.98 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.23 | 74.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.38 | 19.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1192.00 Cr. | ₹1591.13 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 56.98% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.58% | 32.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.22 | 0.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.02 | ₹8.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 56.98% | 36.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Glottis IPO Retail Individual Investors (RII) are offered 95,19,456 shares while in Shringar House of Mangalsutra IPO retail investors are offered 95,19,456 shares. Qualified Institutional Buyers (QIB) are offered 28,55,837 shares in Glottis IPO and 48,56,000 shares in Shringar House of Mangalsutra IPO.
| Glottis IPO | Shringar House of Mangalsutra IPO | |
|---|---|---|
| Anchor Investor Reservation | 42,83,755 shares | 72,84,000 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 28,55,837 shares | 48,56,000 shares |
| NII | 71,39,592 shares | 36,42,000 shares |
| RII | 95,19,456 shares | 84,98,000 shares |
| Employee | 0 shares | 20,000 shares |
| Others | ||
| Total | 2,37,98,640 shares | 2,43,00,000 shares |
Glottis IPO subscribed 2.12x in total, whereas Shringar House of Mangalsutra IPO subscribed 60.31x.
| Glottis IPO | Shringar House of Mangalsutra IPO | |
|---|---|---|
| QIB (times) | 1.84x | 101.41x |
| NII (times) | 3.08x | 82.58x |
| Big NII (times) | 3.77x | 83.95x |
| Small NII (times) | 1.71x | 79.83x |
| RII (times) | 1.47x | 27.26x |
| Employee (times) | 69.81x | |
| Other (times) | ||
| Total (times) | 2.12x | 60.31x |
