The global plastic packaging market is growing fast. At a CAGR of 3.31%, it is expected to reach 121.93 million tons by 2029.
Amidst this growing market, Glen Industries has already made its mark. With years of experience in plastic packaging, the company has built a presence by offering quality products. And now, it's going public.
The IPO lead manager is GYR Capital Advisors while Kfin Technologies is the registrar.
Check the RHP for more Glen Industries IPO details.
Note: The lock-in period for 50% of Glen Industries’ stock concludes 30 days post-allocation, whereas the remaining portion is released from lock-in after 90 days.
Here's a quick review of the company to give clarity before you start your Glen Industries IPO application.
Glen Industries stands out for its strong roadmap, optimal fund usage and management. Let's check everything here in detail to get a better Glen Industries IPO review.
Check out the IPO calendar of Glen Industries.
Learn how much capital Glen Industries will raise with its IPO.
Get a clear look at where the IPO money will go and how it supports Glen Industries’ growth in the future.
Let's understand the Glen Industries IPO price here:
All investor types have specific bid limits, and here we've outlined how they will be distributed among investors.
Get a demat account to invest in Glen Industries IPO as soon as they are launched in the market.
Here's everything you need to know about the Glen Industries financials:
The data here gives a clear idea of the business progress, especially in terms of profits and growth.
Strengths
Quality checks and global certifications back the safety of products.
In-house production keeps costs low while maintaining good quality.
Experienced founders help grow the company smartly.
Offers custom options that help clients improve their own brand identity.
Risks
Changes in raw material costs and global issues might affect planning and profits.
No non-compete with a similar company could lead to overlap and confusion.
Heavy export focus means the business depends on international rules and currency shifts.
Missing out on needed approvals could disrupt operations.
The Glen Industries IPO GMP is ₹25 right now, meaning the shares might get listed at ₹122. So, don’t forget to look for its important IPO dates and the share price.
Get started with Glen Industries IPO application today!
1. What is the current Glen Industries IPO GMP?
The Glen Industries IPO GMP is ₹25, which means shares are currently trading at a ₹25 premium in the grey market over the upper price band of ₹97.
2. Who is the owner of Glen Industries Pvt Ltd?
Glen Industries Private Ltd is promoted by Niyati Seksaria, Nikhil, and Lalit Agrawal. Lalit Agrawal is the Chairman while Nikhil Agrawal is the Managing Director.
3. What is the Glen Industries IPO price band?
The Glen Industries IPO price is around ₹92 and ₹97 per equity share. Investors can bid within this range.
4. Can retail investors participate in this IPO?
Retail investors can still apply for SME IPOs, but there’s a change. As per SEBI’s rule, the minimum application size is now ₹2 lakh. This means only those with higher investment capacity can participate in SME IPOs. It doesn't apply to mainboard IPOs, where smaller amounts are still allowed.
5. Is a Demat account necessary for the Glen Industries IPO application?
If you're planning to apply for the Glen Industries IPO, you'll need an active demat account. All IPO bids today go through the Demat account only.
