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GLEN Industries Ltd
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Experienced Management Team.
Long standing relationships with customers.
Consistent financial performance.
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 Name | GLEN Industries Ltd |
Headquarter | Kolkata |
info@glen-india.com | |
Website | www.glen-india.com |
KFin Techologies Ltd
Phone Number | 91-40-67162222 |
Email ID | einward.ris@kfintech.com |
Website | www.kfintech.com |
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: ₹
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