GLEN Industries IPO Opens July 8; ₹63 Cr Fresh Issue

GLEN Industries Limited plans to join the stock market, a well-established industrial manufacturer in Kolkata that possesses stable financials and a consistent performance record. GLEN Industries Limited is focused on industrial manufacturing and serves multiple sectors, from consumer appliances and industrial equipment to engineering services throughout India. The IPO price is ₹97 per equity share and the listing could have a priced premium of 25.77. There is tremendous investor interest coming through retail and institutional investing with respect to the GMP of GLEN Industries Limited IPO and market watchers are looking at the other IPO listings in the industrial sector.

IPO Dates for GLEN Industries Limited

The GLEN Industries Limited IPO is scheduled to open on July 8, 2025, and close on July 10, 2025. The Board of Allotment (BoA) date is expected to be announced by July 11, 2025, with listing planned for July 15, 2025.

IPO Details Summary

Investors are closely monitoring the gmp of GLEN Industries Limited ipo, which currently shows strong demand ahead of listing. This IPO is also part of the growing GLEN Industries Limited IPO list on the BSE platform.

About GLEN Industries Limited

GLEN Industries Limited is a prominent industrial manufacturing organization with a head office in Kolkata, West Bengal. The company is in the industrial manufacturing sector and has been an integrated solution provider across several aspects of the industrial and consumer appliance segments, including consumer appliance (GLEN Industries), industrial equipment (GLEN Industries) and engineering solutions (GLEN Industries Limited). As an urban industrial solutions company in the middle of the commercial core of Kolkata, the company is connected to numerous distribution networks and supply systems to avoid associated logistical costs, and to be aligned with a growing industrial manufacturing ecosystem in India.  This will allow the company significant opportunities in relation to the growing industrial manufacturing process, given the move to organized manufacturing in India. 

GLEN Industries Limited has transformed into industrial manufacturing solutions company, integrated solution provider, industrial equipment provider, manufacturing contractor, and industrial services provider with complementary engineering services. The company has developed the operational capabilities in industrial production, supply chain management manufacturer, customers service, and quality assurance in the uniquely competitive industrial manufacturing environment in dynamic scope and industry players. The company is employing all of its expertise in the industrial manufacturing and custom engineering industry to take advantage of the organized industrial manufacturing market. 

The company is seeking to raise ₹59.86 crores from the IPO, through a combination of fresh issue and offer for sale. Proceeds from the IPO will be used to provide working capital, meet infrastructure developments and strengthen operational capabilities based on the increasing market interest, and develop operational infrastructure across all operational verticals. The interest from investors shown in the GLEN Industries Limited IPO GMP provides supporting market sentiment for future investments within the organized industrial manufacturing space. The GLEN Industries Limited ipo subscription status will likely portray strong investor confidence between the day of opening of the IPO.

Financial Performance of GLEN Industries Limited

The company has demonstrated steady financial performance with consistent growth across key metrics:

Performance Analysis

GLEN Industries Limited's total assets have steadily increased from ₹137.07 crores in FY23 to ₹214.36 crores in FY25, demonstrating a growing enterprise. Revenues have increased from ₹119.59 crores in FY23 to ₹171.28 crores in FY25, indicating a good level of market acceptance of their offering and developing their business. The profit after tax has immensely improved from ₹1.49 crores to ₹18.27 crores since FY23, indicating improved operating efficiencies and enhancement in margins.

The EBITDA has improved from ₹13.89 crores to ₹40.43 crores, indicating a great deal of operating leverage in the business and certainly indicate a positive validity that they are managing their costing effective currently. The net worth has improved significantly from ₹18.07 crores in FY23 to ₹40.21 crores in FY25, indicating they have a very good financial platform to work from and opportunity to continue to grow. The strength of GLEN Industries Limited's balance sheet performance reflected in the GLEN Industries Limited IPO GMP today shows investor confidence in their growth fortunes.

IPO Share Reservation

The IPO share allocation follows standard SEBI guidelines for main board listings:

Strengths

• Consistent growth of assets - ₹137.07 crores to ₹214.36 crores demonstrates continued scalability of business.

• Total revenue (₹119.59 crores to ₹171.28 crores) reflects continued expansion in the market place and growth of customer base.

• Profit after tax raised from ₹1.49 crores to ₹18.27 crores - excellent execution and operational efficiency.

• EBITDA raised ₹13.89 crores to ₹40.43 crores - excellent cost management and operational leverage.

• Kolkata strategically located with large industrial manufacturing base and demand from growing industrial and manufacturing regions within India.

Risks

• High-level of dependence on the industrial manufacturing sector exposes the company cyclicality and economic woes of the sector.

• Primarily regulation compliance obligations in the industrial manufacturing sector increased operational and compliance costs and obligations.

• Strong competition from formidable domestic and international players with greater resources and presence in the market place.

• Existing supply chain dependencies and operational scale exposes the company to raw material pricing and supply chain disruptions.

• The capital-intensive nature of their business model that requires borrowing exposes the company to working capital impacts that affect their profitability during challenging marketplace situations.

How to Apply for GLEN Industries Limited IPO?

Step-by-step guide (when IPO opens):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)
2. Navigate to the IPO section and select GLEN Industries Limited IPO
3. Click "Apply"
4. Enter:
   • Lot size (1,200 shares minimum)
   • Bid price (₹97 or select Cut-Off)
   • Your UPI ID
5. Submit the application
6. Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

⏰ Important: The mandate must be approved before 5 PM on the same day or before the IPO closes.

How to Check GLEN Industries Limited IPO Allotment Status?

You can check the GLEN Industries Limited IPO allotment status through BSE and the registrar portal once the IPO opens.

Check on BSE

• Visit the BSE official website
• Navigate to the IPO Allotment Section
• Select GLEN Industries Limited IPO
• Enter PAN number or application number
• Submit details to get the GLEN Industries Limited IPO BSE allotment status

Check on the Registrar Portal

• Visit Kfin Technologies Limited's website
• Select IPO allotment status
• Choose GLEN Industries Limited IPO
• Enter PAN or application number
• Submit to check status

Company Address

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

IPO Registrar

Name: Kfin Technologies Limited
Address: Kfin Technologies Limited, KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana, India - 500032
Phone: +91 40 6716 2222
Email: gil.ipo@kfintech.com
Website: kosmic.kfintech.com/ipostatus

Conclusion

The GLEN Industries Limited IPO is a great opportunity for investors seeking exposure in India's expanding industrial manufacturing space. The company has demonstrated solid financials with revenue growth of ₹171.28 crores, an ability to move steadily positive on profitability, and exciting operational potential and market position. At a share price of ₹97 an issue size of ₹59.86 crores an IPO provides access to a proven and growing industrial manufacturing market: backed by a GLEN Industries Limited IPO GMP of 25.77% as at the date this report was written indicates strong interest and sentiment from the investor base.

The company has an established industrial preprint positing as located in Kolkata - a key industrial hub in India which presents additional benefits with good location and surroundings regarding connectivity and industrial networks and commercial activities. With multiple service offerings in consumer appliances, industrial equipment manufacturing, and engineering solutions provides a means for supporting and mitigating revenue risks with additional opportunities for future growth. The company does have risks specific to aspects of industrial manufacturing which may impact total revenues and growth characteristics. However, given the company's record of performance financially with operational history, GLEN Industries Limited makes a good quality option for investors that may wish to seek exposure in the organized industrial manufacturing sector.

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Disclaimer : This analysis is prepared for educational purposes only and should not be considered as financial advice. Investors should consult their financial advisors and conduct thorough research before making investment decisions. Investments in equity markets are subject to market risks, including volatility and sector-specific challenges.

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