Finance September 30, 2025

Glottis IPO Day 2: GMP, subscription status, and other key details. Should you invest?

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Glottis IPO Day 2: GMP, subscription status, and other key details. Should you invest?

Glottis IPO GMP: Glottis’ Rs 307 crore IPO has entered its second day of bidding, closing Day 1 at 42% subscription with bids for 84.72 lakh shares against 2.01 crore on offer. Grey market trading shows a 5.4% premium, down from 9% on Day 1. Priced at Rs 120–129, the IPO will remain open until October 1, comprising a Rs 160 crore fresh issue and Rs 147 crore OFS.

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