| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 2 | 2400 | ₹2,32,800 |
| HNI / NII | 3 | 3600 | ₹3,49,200 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 30,04,800 (46.25%) | — | ₹2,914.66 Cr |
| NII / HNI (Total) | — | 9,06,000 (13.95%) | — | ₹878.82 Cr |
| Retail Investors | — | 21,07,200 (32.43%) | — | ₹2,043.98 Cr |
| Total ** | — | 64,96,800 (100.00%) | — | ₹63,018.96 Cr |
| Market Maker * | — | 3,25,200 (5.01%) | — | ₹31.54 Cr |
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 171.28 | 145.22 | 119.59 |
| PAT | 18.27 | 8.58 | 1.49 |
| EBITDA | 40.43 | 24.87 | 13.89 |
| Net Worth | 40.21 | 26.65 | 18.07 |
| Total Assets | 214.36 | 160.31 | 137.07 |
| Reserves | 40.80 | 39.16 | 30.67 |
| Borrowings | 132.83 | 88.83 | 81.65 |
Incorporated in 2007, Glen Industries Limited (GIL) is engaged in the manufacturing of eco-friendly food packaging and service products.
The company specializes in producing thin-wall food containers and compostable straws, serving sectors such as Hotels, Restaurants, Cafés/Catering (HoReCa), the beverage industry, and food packaging.
The company is committed to meeting growing demand with a new 90,000 sq. ft. manufacturing facility in Dhulagarh, equipped with advanced machines and skilled staff to enhance production and quality.
The company exports products to Europe, USA, Australia, the Middle East, and Africa, tailored to local preferences. Over 25 loyal customers reflect the company's commitment to quality and consistency.
Product Portfolio:
As of May 31, 2025, the company had 306 permanent employees.
Competitive Strengths: