GLEN Industries SME IPO Subscription Status
GLEN Industries SME IPO closed on 10 July 2025 with an overall subscription of 260.28x based on shares applied. QIB demand came in at 192.46x, NII at 476.05x, and retail at 223.67x.
Allotment will be finalised on 11 July 2025. The stock is scheduled to list on NSE and BSE on 15 July 2025.
Issue Price
Rs 97.00
GMP Today
Rs 55.00 (+56.70%)
Overall Subscription
260.28x
Issue Size
₹59.86 Cr
Allotment Date
11 Jul 2025
Listing Date
15 Jul 2025
GLEN Industries SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 97.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 11.69 Cr | Rs 2,249.15 Cr | 192.46x |
| NII | Rs 8.79 Cr | Rs 4,183.63 Cr | 476.05x |
| sNII (Rs 2L to Rs 10L) | Rs 2.92 Cr | Rs 732.25 Cr | 250.63x |
| bNII (above Rs 10L) | Rs 5.87 Cr | Rs 3,454.53 Cr | 588.85x |
| IND | Rs 20.44 Cr | Rs 4,571.70 Cr | 223.67x |
| Total | Rs 40.91 Cr | Rs 11,004.48 Cr | 268.96x |
GLEN Industries SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 12,04,800 | 23,18,71,200 | 192.46x |
| NII | 9,06,000 | 43,13,01,600 | 476.05x |
| sNII (Rs 2L to Rs 10L) | 3,01,200 | 7,54,89,600 | 250.63x |
| bNII (above Rs 10L) | 6,04,800 | 35,61,37,200 | 588.85x |
| IND | 21,07,200 | 47,13,09,600 | 223.67x |
| Total | 42,18,000 | 1,13,44,82,400 | 268.96x |
What Do These Subscription Numbers Mean?
A subscription of 260.28x by shares means the IPO received bids for 260 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 192.46x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 192.46x, it reflects serious institutional conviction.
NII at 476.05x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 223.67x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
GLEN Industries SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 223.67x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 250.63x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 588.85x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the GLEN Industries SME IPO Allotment Status page from 11 July 2025 for your allotment result.
GLEN Industries SME IPO GMP After Subscription
GMP for GLEN Industries SME stands at Rs 55.00 today, giving an estimated listing price of Rs 152.00 per share.
A subscription of 260.28x combined with a GMP of 56.70% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the GLEN Industries SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
GLEN Industries SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 8 Jul 2025 | 0.00x | 2.19x | 2.24x | 1.54x |
| Day 2 - 9 Jul 2025 | 1.62x | 14.21x | 18.37x | 12.25x |
| Day 3 - 10 Jul 2025 | 192.46x | 476.05x | 223.67x | 259.52x |
GLEN Industries SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 8 July 2025 |
| IPO Close Date | 10 July 2025 |
| Allotment Date | 11 July 2025 |
| Refund Initiation | 12 July 2025 |
| Share Credit to Demat | 12 July 2025 |
| Listing Date | 15 July 2025 |
| Minimum Investment | Rs 2,32,800.00 |
| Lot Size | 1200 shares |
About GLEN Industries SME
GLEN Industries Limited, established in 2007 (initially as Glen Stationery Private Limited), has evolved into a manufacturer of eco-friendly food packaging and service products. The company primarily produces Thin Wall Food Containers and compostable straws, including Polylactic Acid (PLA) Straws and Paper Straws. These products are supplied mainly to the Hotels, Restaurants, Cafés/Catering (HoReCa) sector, the beverage industry, and quick service restaurants (QSRs).
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
GLEN Industries SME IPO Subscription FAQs
What is GLEN Industries SME IPO subscription status today?
GLEN Industries SME IPO subscription closed on 10 July 2025 with overall subscription of 260.28x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 192.46x, NII 476.05x, IND 223.67x.
What is the overall subscription of GLEN Industries SME IPO?
GLEN Industries SME IPO is subscribed 260.28x overall by shares at close on 10 July 2025. QIB 192.46x, NII 476.05x, and IND 223.67x.
What is GLEN Industries SME IPO QIB subscription?
GLEN Industries SME IPO QIB (Qualified Institutional Buyers) subscription is 192.46x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is GLEN Industries SME IPO IND subscription?
GLEN Industries SME IPO IND subscription is 223.67x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is GLEN Industries SME IPO NII subscription?
GLEN Industries SME IPO NII (Non-Institutional Investors) subscription is 476.05x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in GLEN Industries SME IPO for retail?
GLEN Industries SME IPO retail share subscription is 223.67x. Application-wise data is needed for accurate lottery odds.
When is GLEN Industries SME IPO allotment date?
GLEN Industries SME IPO allotment date is 11 July 2025. Check GLEN Industries SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does GLEN Industries SME IPO subscription close?
GLEN Industries SME IPO subscription closed on 10 July 2025. No new applications are accepted after the close.
What is GLEN Industries SME IPO GMP today?
GLEN Industries SME IPO GMP is ₹55 today (+56.70% over issue price ₹97). See live GMP on the GLEN Industries SME IPO GMP Today page.
What is GLEN Industries SME IPO issue price and lot size?
GLEN Industries SME IPO issue price is ₹97 per share. Lot size is 1200 shares. Minimum investment is ₹2,32,800 per lot (minimum 2 lots for SME). Issue size: ₹59.86 Cr.
When is GLEN Industries SME IPO listing date?
GLEN Industries SME IPO listing date is 15 July 2025 on NSE and BSE. Allotment is on 11 July 2025.
How does subscription affect GLEN Industries SME IPO allotment?
Allotment odds in GLEN Industries SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 260.28x overall, competition is very high.
For allotment results from 11 July 2025, visit the GLEN Industries SME IPO Allotment Status page. For listing day updates on 15 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.