Glottis Shares Tumble 36% on NSE Debut Amid Weak Market Sentiment

On October 7, 2025, Glottis Ltd., a Chennai-based multimodal logistics company, made its debut on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The listing was met with disappointment as the stock opened at ₹84 on the NSE and ₹88 on the BSE, both representing significant discounts from the issue price of ₹129. By the end of the trading day, the stock closed at ₹82.73 on the NSE, marking a 36% drop from the issue price.