Glottis files IPO papers with Sebi

Glottis 

Mumbai: Chennai based energy supply chain logistics company Glottis has filed draft red herring prospectus with Sebi to raise funds through an initial public offering.

The IPO comprises a fresh issue of equity shares aggregating upto Rs 200 crore and an offer for sale of up to 1.45 crore equity shares by promoters.

Glottis is a leading multi-modal, integrated logistics service provider with a specialized focus on the energy supply chain solutions. It delivers end-to-end logistics solutions with multimodal capabilities including ocean freight forwarding; air freight forwarding; road transportation; along with other ancillary services, including warehousing, storage, cargo handling, third-party logistics (3PL) services and custom clearance, among others.