Glen Industries Limited

Company Profile
Company Name Glen Industries Limited
Open Date 08-07-2025
Close Date 10-07-2025
Exchange BSE SME
Lot Size 1,200 Shares
Issue Price ₹92 - ₹97
Issue Size 64,96,800 shares
Application Amount ₹2,32,800
Recommendation Apply
Glen Industries Limited is engaged in the manufacturing of diverse range of Food packaging and Service Products primarily Thin Wall Food Containers, Polylactic Acid (PLA) Straws and Paper Straws all mainly supplied to the Hotel, Restaurant and Café/Catering (HoReCa) sector, Beverage industry and Food packaging industry. The company was originally incorporated as Glen Stationery Private Limited in Oct-2007 manufacturing all kinds of stationery and printing materials. The company commenced manufacturing operation of Thin Wall Food Containers from 2019. The company's registered office is located in Kolkata, West Bengal.
(Read more on the review)

Financial Summary in Lakhs

KPIs Mar-23 Mar-24 Mar-25
Revenue 11,885.07 14,450.02 17,066.09
EBITDA 1,352.16 2,457.41 4,034.39
Net Profit 148.55 857.89 1,826.57
RoCE 9.76% 21.42% 28.96%
ROE 4.08% 19.11% 31.30%
P/E 114.12 19.88 9.33

Tentative Timeline

Opening Date 08-07-2025
Closing Date 10-07-2025
Basis of Allotment 11-07-2025
Initiation of Refunds 14-07-2025
Credit of Shares to Demat 14-07-2025
Listing Date 15-07-2025

Objects of the Issue

Setting up new manufacturing facility
General corporate purposes.

Contact Information

Registered Office GLEN Industries Limited Rajveena, 2nd Floor, 50A, Block-C, New Alipore Kolkata, West Bengal, 700053
Phone +91 9831087598
Email info@glen-india.com
Website http://www.glen-india.com/

Registrar Details

Name KFin Technologies Limited
Phone 04067162222, 04079611000
Email gil.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

NII (HNI) Shares Offered 9,06,000 (13.95%)
Retail Shares Offered 21,07,200 (32.43%)
QIB Shares Offered 30,04,800 (46.25%)
Employee Shares Offered 1,53,600 (2.36%)
Market Maker Shares Offered 3,25,200 (5.01%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.00%

Contact Us to Enable Your Success!