Glen Industries IPO Allotment Status Released: Check on BSE and Registrar Now

July 11, 2025 – The Glen Industries IPO allotment status will be released today, July 11, 2025. The ₹63.02 crore IPO received a massive response across all investor categories, and applicants can now verify if they’ve been allotted shares.

How to Check Glen Industries IPO Allotment on BSE

1. Visit: https://www.bseindia.com/investors/appli_check.aspx
2. Select ‘Equity’ under issue type
3. Choose ‘Glen Industries Ltd’ from the dropdown list
4. Enter your Application Number and PAN
5. Click ‘Search’ to view your allotment result

How to Check Allotment via Skyline Financial Services (Registrar)

1. Go to: https://www.skylinerta.com/ipo.php
2. Select ‘Glen Industries Ltd’ from the dropdown
3. Enter any one of the following:
   • PAN
   • Application Number
   • DP/Client ID
4. Fill the CAPTCHA (if prompted)
5. Click ‘Search’ to see your allotment status

What Happens Post Allotment?

• Refunds for unallotted shares will be initiated on July 14, 2025
• Shares will be credited to demat accounts the same day
• Listing is scheduled for July 15, 2025 on the BSE SME platform

Final Subscription Status (As of July 10, 2025 – 05:04 PM)

Glen Industries’ IPO closed with a subscription of 260.28 times. Here is the detailed breakdown:

• QIBs:
  • 12,04,800 shares reserved
  • 23,18,71,200 shares bid
  • Subscribed: 192.46 times
• NIIs:
  • 9,06,000 shares reserved
  • 43,14,84,000 shares bid
  • Subscribed: 376.27 times
  • High-value bids (> ₹10 lakh): 588.85 times
  • Small-value bids (≤ ₹10 lakh): 251.24 times
• Retail (RIIs):
  • 21,07,200 shares reserved
  • 1,97,658 applications
  • 47,44,32,000 shares bid
  • Subscribed: 225.15 times
• Employees:
  • 1,53,600 shares reserved
  • 55,200 shares bid
  • Subscribed: 0.36 times

Key IPO Timelines

• Refunds & Demat Credit: July 14, 2025
• Listing Date: July 15, 2025
• Mandate End Date: July 25, 2025
• Anchor Lock-in (50%): August 10, 2025
• Anchor Lock-in (remaining): October 9, 2025

About Glen Industries

Founded in 2007, Glen Industries Ltd. manufactures eco-friendly packaging products such as thin-wall food containers and compostable straws. It serves the hospitality, food, and beverage packaging industries and exports to Europe, the US, Australia, the Middle East, and Africa.

Its 90,000 sq ft facility in Howrah, West Bengal, houses advanced production systems. In FY25, the company reported revenue of ₹171.28 crore, marking an 18% year-on-year growth, and net profit of ₹18.27 crore, more than double the previous year.

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