GLEN Industries Ltd

GLEN Industries Ltd IPO

GLEN Industries Ltd IPO Price Range is ₹92 - 97, with a minimum investment of ₹2,32,800 for 2400 shares.

₹2,32,800

/ 2400 shares

Minimum Investment

View GLEN Industries Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Live

Price Band

₹92 - 97

Open Date

2025-07-08

Close Date

2025-07-10

IPO Size

₹63.02 Cr

Lot Size

2400 shares

Min Investment

₹2,32,800

Listing Exchange

BSE

GLEN Industries Ltd IPO Application Timeline

upcoming
Open Date8 Jul 2025
Close Date10 Jul 2025
Allotment Date11 Jul 2025
Listing Date15 Jul 2025

Strengths and Risks

Strengths

Strengths

  • Experienced Management Team.

  • Long standing relationships with customers.

  • Consistent financial performance.


Risks

Risks

  • The Company is dependent on external suppliers for most of its machinery / component requirements and raw materials.

  • Its business of the Company is impacted by fluctuations in raw material prices, domestic and global.

  • The company relies on third-party transportation providers for all of its input materials and product distribution. Failures by any of its transportation providers to deliver the company input materials and products on time or at all, could result in loss in sales.

  • If there are delays or cost overruns in utilisation of Net Proceeds, its business, financial condition and results of operations willbe materially and adversely affected.

  • The company business is dependent and will continue to depends on its manufacturing facilities, and the company is subject to certain risks in its manufacturing process. Any slowdown or shutdown in the company manufacturing operations or strikes, work stoppages or increased wage demands by its employees that could interfere with the company operations could have an adverse effect on its business, financial condition and results of operations.

  • The company derives a significant portion of its revenues from exports and are subject to risk of international trade.

  • The company is subject to strict quality requirements, regular inspections and audits, and the success and wide acceptability of its products is largely dependent upon the company quality controls and standards. Any failures to comply with quality standards may adversely affect its business prospects and financial performance, including cancellation of existing and future orders.

  • The company individual Promoters plays key role in its functioning and the company heavily relies on their knowledge and experience in operating its business and therefore, it is critical for the company business that its Promoter and Executive Directors remain associated with it. The company success also depends upon the services of its key managerial personnel and the company ability to attract and retain key managerial personnel and its inability to attract them may affect the company operations.

  • The company is subject to increasingly stringent environmental, health and safety laws, regulations and standards. Non-compliance with and adverse changes in health, safety, labour, and environmental laws and other similar regulations to its manufacturing operations may adversely affect the company business, results of operations and financial condition.

  • The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of the Company.

How to Apply for GLEN Industries Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select GLEN Industries Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About GLEN Industries Ltd

We are 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 Caf/Catering (HoReCa) sector, Beverage industry and food packaging industry. Our extensive product lineup, available in various shapes and sizes, is widely favored by sectors such as the HoReCa industry, Quick Service Restaurants (QSR), the food, beverage and dairy industry, etc. Our Company was originally incorporated as Glen Stationery Private Limited for manufacturing all kinds of stationery and printing materials. In the year 2019 our Company commenced manufacturing operation of Thin Wall Food Containers with a production capacity of 195 MT/month and with constant expansion and up-gradation of technology, our capacity currently stands at 665 MT/month running at its maximum capacity. Company also diversified into manufacturing paper straws and PLA straws in the year 2019 with a modest capacity of 21.75 MT/month and 40.60 MT/month respectively. In the year 2022 our company ventured into manufacturing of U shape straws for the beverage and dairy industry made from Paper and PLA. Present capacity of the PLA straws stands at 160 MT/month and for the paper straws capacity stands at 95 MT/month. Our Company reaffirming its dedication to meeting the escalating domestic and international demand with the unveiling of an ambitious project-an advanced manufacturing facility in Dhulagarh, Howrah, West Bengal spanning nearly 90,000 square feet, this facility is poised to be a key asset, empowering the company to elevate its production capacity and fortify its competitive advantage. Our production facility is fully equipped with micro-processor controlled All Electric injection moulding machines imported from Japan and China. Our cutting-edge facility is complemented by our well trained, professional and experienced staff who play a significant role in maintaining the quality. Every stage of operation from inspection of raw materials to production line operations, from printing/labelling & packing to logistics is dominated by an uncompromising adherence to quality standards.

Frequently Asked Questions of GLEN Industries Ltd IPO

What is the size of the GLEN Industries Ltd IPO?

The size of the GLEN Industries Ltd IPO is ₹63.02 Cr.

What is the allotment date of the GLEN Industries Ltd IPO?

GLEN Industries Ltd IPO allotment date is Jul 11, 2025 (tentative).

What are the open and close dates of the GLEN Industries Ltd IPO?

The GLEN Industries Ltd IPO will open on Jul 8, 2025 and close on Jul 10, 2025

What is the lot size of GLEN Industries Ltd IPO?

The lot size for the GLEN Industries Ltd IPO is 2400.

When will my GLEN Industries Ltd IPO order be placed?

Your GLEN Industries Ltd IPO order will be placed on Jul 8, 2025

Can we invest in GLEN Industries Ltd IPO?

Yes, once GLEN Industries Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the GLEN Industries Ltd IPO?

The potential listing gains on the GLEN Industries Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for GLEN Industries Ltd IPO?

'Pre-apply' for GLEN Industries Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.