To apply for the GLEN Industries IPO, investors need to log in to their trading account through a registered broker’s platform and navigate to the IPO section. After selecting "GLEN Industries IPO," they must enter the number of lots they wish to apply for, based on the minimum lot size of 1,200 shares, and choose a bid price within the price band of ₹92 to ₹97 per share. The UPI ID must be provided for payment authorization, and sufficient funds should be available in the linked account. After verifying all details, the application should be submitted, and the UPI mandate must be approved before 5 PM on July 10, 2025, to complete the process.
For complete details on this public offering, visit the GLEN Industries IPO page on Bajaj Broking’s website.
GLEN Industries IPO Application Process
The GLEN Industries IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate GLEN Industries IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1200 shares) within the price band of ₹92 to ₹97 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: GLEN Industries IPO Investment Guide: Objectives & Opportunities
About GLEN Industries IPO: Overview and Key Facts
Glen Industries Limited (GIL), a company established in 2007 and originally incorporated as Glen Stationery Private Limited, focuses on manufacturing eco-friendly food packaging and service items. Its portfolio features thin-wall food containers and compostable straws made from paper and PLA, designed for sectors such as hotels, restaurants, cafés, catering services, quick service restaurants, and the beverage industry. The company has scaled its operations with upgraded production technology and enlarged capacity to address growing demand, both in domestic and export markets.
The IPO will be open from July 8 to July 10, 2025, offering 64,96,800 equity shares with a price band of ₹92 to ₹97 per share, and a lot size of 1,200 shares. The minimum retail application is for 2 lots (2,400 shares). The shares are expected to be listed on the BSE SME platform, with Giriraj Stock Broking Private Limited acting as the market maker and Kfin Technologies Limited serving as the registrar.
The proceeds from the IPO are intended to fund construction of a new manufacturing facility in Purba Bardhaman, West Bengal, along with general corporate purposes. Investors should monitor key dates such as allotment (anticipated July 11, 2025), refund initiation (July 14, 2025), and the tentative listing date on the BSE SME (July 15, 2025). Applications must be backed by UPI mandate approval before the cut-off time of 5 PM on July 10, 2025.
To check your application status, visit the GLEN Industries IPO Allotment Status page on Bajaj Broking’s website.