GLEN Industries Ltd

GLEN Industries Ltd

₹-

/ - shares
Cutoff - Lot Size
GLEN Industries Ltd

GLEN Industries Ltd

₹-

/ - shares

Cutoff - Lot Size

IPO Details

Open Date

-

Close Date

-

Listing Date

-

Price Range

₹0.0 to ₹0.0

IPO Size

₹0.00 Cr

Exchange Symbols

NSE - N/A, BSE - N/A

Open Date

-

Close Date

-

Listing Date

-

Price Range

₹0.0 to ₹0.0

IPO Size

₹0.00 Cr

Exchange Symbols

NSE - N/A, BSE - N/A
IPO Dates and Timelines
- Basis of Allotment Date
- Initiation of Refund
- Credit of Shares
- Listing Date
IPO Size and Allocation Details
Risks and Strengths

Strength

Torus

Risks

Torus

TorusExperienced Management Team.

TorusLong standing relationships with customers.

TorusConsistent financial performance.

About

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 Cafe/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.

Company NameGLEN Industries Ltd
HeadquarterKolkata
Emailinfo@glen-india.com
Websitewww.glen-india.com
Financials
Peers
  • No peer companies available.
IPO Registrar

KFin Techologies Ltd

Phone Number91-40-67162222
Email IDeinward.ris@kfintech.com
Websitewww.kfintech.com
Synopsis

GLEN Industries Ltd

Initial public offer of upto 65,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Glen Industries Limited (the "Company" or "GIL" or "Issuer") at an issue price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company. The offer included a reservation of [*] equity shares, aggregating to Rs. [*] crores (Constituting [*] % of the post offer paid-up equity share capital of the company, for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of its company. The company, in consultation with the book running lead managers ("brlms"), offered a discount of [*] % on the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount").

Address: Rajveena 2nd Flr 50A Block-C, New Alipore, Kolkata, West Bengal, 700053

Phone: +91 98310 87598

Email: info@glen-india.com

Website: www.glen-india.com

Open Date: -

Close Date: -

Issue Price:

FAQ’s

What is the open date of IPO?

  • The opening date of IPO is .

What is the close date of IPO?

  • The closing date of IPO is .

What is the issue size of IPO?

  • The issue size of IPO is Rs 0.00 Cr.

What is the lot size of IPO?

  • The size per lot of IPO is 0.

How to apply for IPO?

  • To apply for IPO:

  • Navigate to the IPO section of mobile app/website

  • Click on Current IPO

  • Click on IPO

  • Enter Lot Quantity

  • Enter Valid UPI ID

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  • Your application will be processed once the transaction is completed successfully.

What is the allotment date of IPO?

  • The Allotment Date of IPO is .

What is the listing date of IPO?

  • IPO will get listed on .

Who is the registrar of IPO?

  • The registrar of IPO is KFin Techologies Ltd .

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