ReferIndia News Glottis IPO opens for subscription today; GMP at 9%. Should you apply?

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Glottis IPO opens for subscription today; GMP at 9%. Should you apply?

Published on: Sept. 29, 2025, 8:03 a.m. | Source: The Economic Times

Logistics firm Glottis' Rs 307-crore IPO opens Monday, priced at Rs 120-129 per share, listing October 7. The issue, funding expansion, shows strong financials and a renewable energy niche. However, working capital and receivables concerns lead to a "subscribe for long-term" recommendation for high-risk investors.

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