Glen Industries IPO opens July 8–10 with GMP at ₹25–30. Read what this means for listing price, demand trends, and investor caution before placing bids.
📈 Glen Industries IPO Overview
- IPO Dates: July 8–10, 2025 (Fresh issue of ₹63 cr) Reddit+15Business Standard+15The Economic Times+15
- Price Band: ₹92–97 per share, lot size 1,200 shares ClearTax+11Business Standard+11NDTV Profit+11
- Listing: Expected July 15 on the BSE SME platform NDTV Profit+9Business Standard+9EquityPandit+9
💰 GMP Status: What’s Brewing in the Grey Market
- Day 1 (July 8): GMP at ₹25 (~25.8%) → implies ₹122 listing Reddit+15Business Standard+15ClearTax+15
- Day 2 (July 9): GMP rose to ₹30 (~31%) → implies ₹127 listing EquityPandit+1The Economic Times+1
So GMP has climbed from ₹25 to ₹30, showing growing unofficial demand—and expectations of ~₹125 listing price.
📋 Glen Industries IPO Allotment & Listing Details
- Basis of Allotment Date: July 11, 2025
- Refunds Initiation: July 12, 2025
- Shares Credited to Demat: July 14, 2025
- Listing Date: July 15, 2025 (BSE SME)
- Check Allotment Status: Visit Bigshare Services
“Allotment ke baad listing premium ke liye ₹125–₹127 ka range market me estimate ho raha hai.”
🔍 What GMP Tells Us
- Positive sentiment: GMP at 25–30% is a strong confidence signal.
- Balanced retail interest: Retail + HNI segments are active, even though QIB subscription is weak Reddit+1Reddit+1Business Standard+1IPO Watch+1.
- However—GMP is unregulated: Use it only as a soft indicator, not a guarantee. Grey market can be volatile or exaggerated Investor Gain+8Reddit+8Reddit+8.
💡 IPO Financial Highlights
- FY25 Revenue up 18% YoY: ₹171.3 cr vs ₹145.2 cr in FY24 The Economic Times+4NDTV Profit+4Business Today+4
- PAT doubled: ₹18.27 cr vs ₹8.58 cr (FY24) The Week+5EquityPandit+5NDTV Profit+5
- P/E ratio ~13x at upper band — reasonably valued for a growth SME IPO ClearTax+1Business Today+1
❓ FAQs
Q1. What exactly is GMP?
GMP is the unofficial premium in grey market trades above IPO price (“Grey = grey market”)—hinting at listing expectations Reddit+2Reddit+2Reddit+2.
Q2. Does ₹30 GMP mean ₹127 listing?
Yes, ₹97 + 30 = ₹127 estimated. But grey market is informal—actual listing could differ.
Q3. Should I rely on GMP?
No—use GMP as a preliminary sentiment gauge, but weigh financials, market trends, and your own risk appetite too ClearTaxReddit.
Q4. Is GMP sustainable?
GMP can fluctuate daily—₹18 → ₹25 → ₹30 in just a few days—so it may correct sharply before listing Reddit+4ClearTax+4Reddit+4.
⚠️ Disclaimer
This content is for informational purposes only and does not constitute financial advice. Please consult a SEBI-registered advisor before making IPO investment decisions.
✅ Final Take
Glen Industries IPO is showing strong grey market enthusiasm with ₹25–30 GMP, pointing to estimated listing near ₹125. Solid growth numbers and valuation add confidence—but grey market jargon can be misleading. Use GMP wisely, check allotment, and only bid based on your risk comfort and business fundamentals.
