<ul data-eligibleForWebStory="false"><li>Glen Industries has fixed a price band at Rs 92-97 per share for its Rs 63.02 crore initial share sale that will open for public subscription on July 8.</li><li>The public issue is entirely a fresh issue of up to 64.97 lakh equity shares, with proceeds intended for setting up a new manufacturing facility and general corporate purposes.</li><li>Glen Industries, established in 2007, specializes in manufacturing eco-friendly food packaging products such as thin-wall food containers and compostable straws, exporting to various countries.</li><li>GYR Capital Advisors is the sole book-running lead manager for the IPO, with Kfin Technologies as the registrar. The company reported a revenue of Rs 170.66 crore and profit after tax of Rs 18.27 crore in FY25.</li></ul>

Glen Industries Fixes Issue Price Band At Rs 92-97 Per Share

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