ListedSMEPackagingGLEN

GLEN Industries IPO

GLEN Industries IPO is an SME IPO raising ₹63 Cr at ₹92 – ₹97 a share. It listed on 15 Jul 2025 at ₹157, +61.9% against its issue price of ₹97, and trades at ₹128 today (+32.0% since issue). It was subscribed 181× in total.

97
Issue price
128
Price now
+32.0%
Since issue price
15 Jul 2025
Listed on
181×Subscribed (final) · all exchanges

180.8 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹92 – ₹97
Cut-off price₹97
Issue size₹63 Cr
Shares per lot1200
Minimum application₹1,16,400
Minimum quantity2400
Face value₹10
Listing exchangesBSE
ISININE0UMC01019
Bidding hours10:00 – 17:00 IST
Bidding window8 Jul 2025 – 10 Jul 2025
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.