StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    See how UK shares might fund a stellar £24k a yr passive earnings in an ISA
    See how UK shares might fund a stellar £24k a yr passive earnings in an ISA
    4 Min Read
    Trump White Home struggles to justify firing of BLS chief
    Trump White Home struggles to justify firing of BLS chief
    5 Min Read
    Prime Trump aide accuses India of financing Russia's warfare in Ukraine
    Prime Trump aide accuses India of financing Russia's warfare in Ukraine
    0 Min Read
    Prediction: in 12 months BAE Programs and Rolls-Royce shares may flip £10,000 into…
    Prediction: in 12 months BAE Programs and Rolls-Royce shares may flip £10,000 into…
    4 Min Read
    Earnings scoreboard: 10 out of 12 shopper staple shares beat expectations
    Earnings scoreboard: 10 out of 12 shopper staple shares beat expectations
    0 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    Low margins = unhealthy enterprise? DMart's 6x positive factors show in any other case
    Low margins = unhealthy enterprise? DMart's 6x positive factors show in any other case
    0 Min Read
    Ather Power Q1 Outcomes Preview: Development vs Profitability
    Ather Power Q1 Outcomes Preview: Development vs Profitability
    0 Min Read
    Siemens Vitality India Q1 Outcomes Preview: What to Anticipate
    Siemens Vitality India Q1 Outcomes Preview: What to Anticipate
    0 Min Read
    10 Mutual Funds That Turned Rs 1 Lakh Into Over Rs 10 Lakhs in 15 Years
    10 Mutual Funds That Turned Rs 1 Lakh Into Over Rs 10 Lakhs in 15 Years
    8 Min Read
    Bosch Q1 FY26: Earnings Estimates & Monetary Highlights
    Bosch Q1 FY26: Earnings Estimates & Monetary Highlights
    0 Min Read
  • Market Analysis
    Market AnalysisShow More
    Dividend Shares: Britannia, Coal India, Hyundai Motor, amongst others to commerce ex-dividend subsequent week; Full listing
    Dividend Shares: Britannia, Coal India, Hyundai Motor, amongst others to commerce ex-dividend subsequent week; Full listing
    7 Min Read
    Wall St Week Forward-AI features and powerful earnings help Wall Avenue as tariff woes linger
    Wall St Week Forward-AI features and powerful earnings help Wall Avenue as tariff woes linger
    6 Min Read
    Bharti Airtel Q1 FY25-26 Outcomes Preview: What to Count on
    Bharti Airtel Q1 FY25-26 Outcomes Preview: What to Count on
    0 Min Read
    Why is India lagging behind different rising markets since 2024? Geojit’s Vinod Nair explains
    Why is India lagging behind different rising markets since 2024? Geojit’s Vinod Nair explains
    6 Min Read
    Multibagger inventory to be in concentrate on Monday; here is why
    Multibagger inventory to be in concentrate on Monday; here is why
    4 Min Read
  • Trading
    TradingShow More
    Mark Cuban’s Secret To Launching Profitable Enterprise: ‘It Does not Matter How Many Instances You Fail, You Solely Have To Be Proper One time, Simply One Time’
    Mark Cuban’s Secret To Launching Profitable Enterprise: ‘It Does not Matter How Many Instances You Fail, You Solely Have To Be Proper One time, Simply One Time’
    3 Min Read
    Bitcoin Lending, Inventory Falls, BTC Reserves Stir The Crypto World: This Week In Crypto – JPMorgan Chase (NYSE:JPM), Coinbase International (NASDAQ:COIN)
    Bitcoin Lending, Inventory Falls, BTC Reserves Stir The Crypto World: This Week In Crypto – JPMorgan Chase (NYSE:JPM), Coinbase International (NASDAQ:COIN)
    2 Min Read
    Steve Jobs As soon as Mentioned Making One thing Nice Would not Require ‘Extra Vitality’ Or ‘Extra Cash,’ However Does Require This One Talent In Abundance
    Steve Jobs As soon as Mentioned Making One thing Nice Would not Require ‘Extra Vitality’ Or ‘Extra Cash,’ However Does Require This One Talent In Abundance
    3 Min Read
    Invoice Ackman As soon as Advised An 11-Yr-Previous The Greatest Time To Make investments In The Inventory Market: Right here Is What He Advised The Youngster About Good Cash
    Invoice Ackman As soon as Advised An 11-Yr-Previous The Greatest Time To Make investments In The Inventory Market: Right here Is What He Advised The Youngster About Good Cash
    3 Min Read
    India Stands Agency on Russian Oil Imports Regardless of Trump’s Sanction Threats
    India Stands Agency on Russian Oil Imports Regardless of Trump’s Sanction Threats
    3 Min Read
Reading: Glottis Ltd information DRHP with SEBI to boost ₹200 crore through recent concern; Test IPO particulars
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Market Analysis > Glottis Ltd information DRHP with SEBI to boost ₹200 crore through recent concern; Test IPO particulars
Market Analysis

Glottis Ltd information DRHP with SEBI to boost ₹200 crore through recent concern; Test IPO particulars

StockWaves By StockWaves Last updated: September 26, 2024 2 Min Read
Glottis Ltd information DRHP with SEBI to boost ₹200 crore through recent concern; Test IPO particulars
SHARE


Logistics service supplier Glottis has filed preliminary papers with capital markets regulator Sebi to boost an estimated ₹450-500 crore via an preliminary public providing (IPO).

The Chennai-based firm’s IPO is a mix of a recent concern of fairness shares price ₹200 crore and a suggestion on the market (OFS) of as much as 1.45 crore fairness shares by promoters, based on the Draft Crimson Herring Prospectus (DRHP).

Below the OFS, promoters Ramkumar Senthilvel and Kuttappan Manikandan will offload 72.85 lakh fairness shares every. Each maintain a 49.49 per cent stake every within the firm at current.

Proceeds from the recent concern to the tune of ₹53 crore will probably be used for the acquisition of economic automobiles, ₹38 crore for debt cost and the remaining funds for normal company functions.

The corporate had a complete borrowing of ₹9.3 crore as of March 2024, the draft papers filed on Monday confirmed.

On the monetary entrance, the corporate’s income from operations was ₹497.4 crore, with a internet revenue of ₹31.5 crore for the fiscal 2024.

Glottis is a number one multi-modal, built-in logistics service supplier, with a specialised concentrate on vitality provide chain options.

Pantomath Capital Advisors Pvt Ltd is the only real book-running lead supervisor to the problem.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Micron Earnings Forward – Key To AI Commerce; Greatest One 12 months Fee Reduce In China – Apple (NASDAQ:AAPL) Micron Earnings Forward – Key To AI Commerce; Greatest One 12 months Fee Reduce In China – Apple (NASDAQ:AAPL)
Next Article Are You Going to Get Wealthier? Mindset of Rich Folks Are You Going to Get Wealthier? Mindset of Rich Folks
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
The RSI fantasy: Does this widespread buying and selling indicator truly work?
The RSI fantasy: Does this widespread buying and selling indicator truly work?
August 3, 2025
See how UK shares might fund a stellar £24k a yr passive earnings in an ISA
See how UK shares might fund a stellar £24k a yr passive earnings in an ISA
August 3, 2025
‘Your organization really by no means cared, by no means will’: MNC worker cries over no leaves or work-from-home on Diwali
‘Your organization really by no means cared, by no means will’: MNC worker cries over no leaves or work-from-home on Diwali
August 3, 2025
Trump White Home struggles to justify firing of BLS chief
Trump White Home struggles to justify firing of BLS chief
August 3, 2025
Mark Cuban’s Secret To Launching Profitable Enterprise: ‘It Does not Matter How Many Instances You Fail, You Solely Have To Be Proper One time, Simply One Time’
Mark Cuban’s Secret To Launching Profitable Enterprise: ‘It Does not Matter How Many Instances You Fail, You Solely Have To Be Proper One time, Simply One Time’
August 3, 2025

You Might Also Like

Capital Infra Belief InvIT IPO
Market Analysis

Capital Infra Belief InvIT IPO

6 Min Read
Inventory market right now: Commerce setup for Nifty 50 to India-Pakistan pressure; Eight shares to purchase or promote on Monday
Market Analysis

Inventory market right now: Commerce setup for Nifty 50 to India-Pakistan pressure; Eight shares to purchase or promote on Monday

10 Min Read
KOSPI wobbles after US downgrade. However chips maintain the road
Market Analysis

KOSPI wobbles after US downgrade. However chips maintain the road

0 Min Read
Apollo Micro Techniques soars 16%. What's fuelling the rally?
Market Analysis

Apollo Micro Techniques soars 16%. What's fuelling the rally?

0 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

The RSI fantasy: Does this widespread buying and selling indicator truly work?
See how UK shares might fund a stellar £24k a yr passive earnings in an ISA
‘Your organization really by no means cared, by no means will’: MNC worker cries over no leaves or work-from-home on Diwali

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up