The GLEN Industries IPO introduces a leading manufacturer of eco-friendly food packaging and service products to the public markets. Incorporated in 2007 and based in West Bengal, GLEN Industries specializes in thin wall food containers, PLA and paper straws, catering to the HoReCa, QSR, and dairy sectors. The company has rapidly scaled its production capacity, leveraging advanced robotic manufacturing and a strong focus on sustainability and customization. The GLEN Industries IPO brings a leading eco-friendly food packaging manufacturer to the SME segment, offering 64,96,800 equity shares with a total issue size of ₹63.02 crore.
₹45
₹97
₹157.00
Expert Opinions
The GLEN Industries IPO is drawing positive market sentiment, fueled by the company’s strong financial performance and strategic expansion plans. Key strengths include its focus on eco-friendly packaging, advanced robotic manufacturing, and a rapidly growing export presence in Europe and the USA. For FY 2025, the GLEN Industries IPO demonstrates impressive metrics: Return on Equity (ROE) of 45.43%, ROCE of 16.94%, and Net Asset Value (NAV) of ₹33.23.
However, risks include depends on a limited number of large clients, exposure to raw material price fluctuations, and the competitive nature of the packaging sector. From a long-term perspective, GLEN’s robust profitability, sustainable product focus, and capital infusion from the IPO position it well for ongoing growth. Investors seeking exposure to the expanding sustainable packaging market may find the IPO appealing, provided they remain mindful of sectoral risks and execution challenges.
Investor Considerations
Investors considering the GLEN Industries IPO should note the company’s strong fundamentals, with FY 2025 revenue reaching ₹171.28 crore and PAT surging 113% to ₹18.27 crore, reflecting efficient cost management and growing market demand. The sector outlook is favorable, as the global shift toward sustainable packaging drives double-digit growth for eco-friendly manufacturers. For FY 2025, the GLEN Industries IPO is attractively valued with a Price to Book Value of 0.22, a healthy PAT margin of 10.70%, and a Debt/Equity ratio of 2.28, indicating both profitability and significant leverage.
Growth prospects are strong due to expansion plans and a diversified client base. Key risks include high debt, raw material price volatility, and execution challenges tied to new capacity. While short-term gains are possible, the IPO is best suited for long-term investors seeking exposure to sustainable packaging with an appetite for moderate risk.
| Date | GMP | Trend |
|---|---|---|
| 14 Jul 2025 11.05 | ₹45 | --- |
| 13 Jul 2025 15.25 | ₹45 | --- |
| 12 Jul 2025 16.00 | ₹45 | --- |
| 11 Jul 2025 10.14 | ₹45 | --- |
| 10 Jul 2025 19.25 | ₹45 | Up |
| 09 Jul 2025 10.51 | ₹30 | --- |
| 08 Jul 2025 17.10 | ₹30 | Up |
| 07 Jul 2025 19.35 | ₹25 | --- |
FAQs
The Grey Market Premium showed low accuracy in predicting GLEN Industries IPO’s listing performance. The final GMP of ₹45 indicated a strong premium of 46.39% over the issue price of ₹97. However, the stock made a stellar debut at ₹157, delivering a massive 61.86% gain. This resulted in a prediction error of 10.47%, where the GMP correctly signaled a strong listing but significantly underestimated the magnitude of gains, reflecting only partial reliability in this instance.
GLEN Industries IPO Current GMP is ₹45.
GLEN Industries IPO Expected Returns is 46.39%.
GLEN Industries IPO estimated listing price is ₹142.