Glottis Ltd IPO

Last Updated: 02 December 2024 3:06 PM by 5Paisa

Initial public offering of up to [*] equity shares of face value of Rs. 2 each (equity shares) of Glottis Limited (the company or the issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. [*] crores (the offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 2 each aggregating up to Rs. 200.00 crores by the company (the fresh issue) and an offer for sale of upto 14,571,000 equity shares of face value of Rs. 2 each comprising 7,285,500 equity shares of face value of Rs. 2 each by Ramkumarsenthilvel and upto 7,285,500 equity shares of face value of Rs. 2 each by Kuttappan Manikandan (the selling shareholder or promoter selling shareholders) (offer for sale). The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.