AK News Glottis Ltd's Disappointing Market Debut: Shares Plunge Amid IPO

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Glottis Ltd's Disappointing Market Debut: Shares Plunge Amid IPO

Published on: Oct. 7, 2025, 3:14 p.m. | Source: Devdiscourse

Glottis Ltd shares listed at a 35% discount on Tuesday, starting at Rs 88 on BSE and Rs 84 on NSE compared to an issue price of Rs 129. The company's IPO saw a 2.05 times subscription, intended to fund vehicle purchases, debt repayment, and general purposes.

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