Glottis GMP : Glottis IPO GMP is Open on – February 2025 and Close on – February 2025. Glottis IPO to Raise – shares (Approx ₹[-] Cr) via IPO. The Fresh issue of – shares (Approx ₹ – Cr) and The Offer For Sale is ₹[-] shares (Approx ₹[8,750.00] Cr).
Our Business
Our Company was originally incorporated as Glottis Limited” June 24, 2004 We offer multi-modal integrated logistics solutions, which include end to end transportation solutions through ocean, air and road logistics services.
Our Company delivers end-to-end logistics solutions with multimodal capabilities across verticals to optimize the movement of goods across geographies including.
- Ocean freight forwarding (project cargo load and full container load, import as well as export).
- Air freight forwarding (import as well as export).
- Road transportation road transportation; along with other ancillary services, including warehousing, storage, cargo handling, third-party logistics (“3PL”) services and custom clearance, among others.
We have handled ~95,000 TEUs of imports through ocean during the Fiscal 2024.
We integrate services of our Intermediaries and our in-house infrastructure, to offer start to finish logistical solutions to our customers.
Our service offerings coupled with the capabilities of our Intermediaries enable us to offer assistance in geographically dispersed locations, while modifying operating volumes, optimising loads and maintaining flexibility in handling capacity variations depending on our customers’ requirements.
Our Company Promoters
- Ramkumar Senthilvel
- Kuttappan Manikandan
OBJECTS OF THE OFFER
1. Funding of capital expenditure requirements of our Company towards purchase of commercial vehicles and containers.
2. General Corporate Purposes.
Qualitative Factors
- Glottis delivers end-to-end logistics solutions with multimodal capabilities across verticals to optimize the movement of goods across geographies.
- One of the leading freight forwarding player operating in the Renewable Energy Industry.
- Wide network of Intermediaries coupled with optimum utilisation of our asset portfolio.
- Scaled multimodal logistics operations with capabilities of handling diverse projects.
- Longstanding relationship with diverse set of customers across industries.
- Widespread international presence.
- Financial growth backed by demonstrable performance metrics.
- Skilled and experienced management team with relevant industry experience.
Comparison of accounting ratios with listed industry peers
- Allcargo Logistics Limited.
- Transport Corporation of India Limited
Company Address CORPORATE OFFICE
Plot No. 164, 13th Cross
Street, Defence Officers
Colony, Ekkattuthangal,
Nandambakkam, Chennai –
600 032, Tamil Nadu, India
TELEPHONE +91 44 4266 8366 Email: info@glottislogistics.in
Website: www.glottislogistics.in
BOOK RUNNING LEAD MANAGER REGISTRAR TO THE ISSUE
Pantomath Capital Advisors Private Limited
Pantomath Nucleus House, Saki Vihar Road
Andheri East, Mumbai – 400 072
Maharashtra, India.
Telephone: 180 088 98711
Email: glottis.ipo@pantomathgroup.com
Investor grievance email: investors@pantomathgroup.com
REGISTRAR TO THE ISSUE
KFin Technologies Limited
Selenium Tower B, Plot No. 31 and 32
Financial District, Nanakramguda
Serilingampally, Hyderabad – 500 032, Telangana, India.
Telephone: +91 40 6716 2222/180 030 94001
Email: glottisltd.ipo@kfintech.com
Website: www.kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
We have a track record of mobilising large volumes of cargo for our customers engaged in various industries.
Our ability to mobilise higher volumes is on account of our widespread network of international freight forwarding agencies, who provide us insights on available carriers, route management and globally prevalent freight forwarding rates, which enhances our capabilities of committing carrier spaces in advance at competitive rates, thereby offering commitment of delivery.
Glottis serves customers across multiple industries, with particular emphasis on energy infrastructure and renewable energy projects.
We have over the years built a track record of offering freight forwarding services to varied industries including renewable energy industry, engineering products, home appliances, granite and minerals, timber and other industries including agro, automobile chemicals, textiles, machineries among others and have been increasing our share of wallet from existing customers by offering freight forwarding services for products forming part of their supply chain.
we operate PAN-India through a network of 8 branch offices in New Delhi, Gandhidham, Kolkata, Mumbai, Tuticorin, Coimbatore, Bengaluru and Cochin; and registered and corporate offices in Chennai to cover major transportation hubs.
We have over the years also spread our operations across countries, including but not limited to, Europe, North America, South America, Africa, Middle East and Asian Countries through our arrangements with local freight forwarding agents in such countries.
Growing logistics, and freight needs has led to our Company’s expansion into new markets like Europe, African, Central & South America, Canada, Mediterranean, Middle East and Australia. We have handled ~95,000 TEUs of imports through oceans during the Fiscal 2024.