GLEN Industries Ltd.

Incorporated in 2007, Glen Industries Limited (GIL) is engaged in the manufacturing of eco-friendly food packaging and service products.The company specializes in producing thin-wall food containers and compostable straws, serving sectors such as Hotels, Restaurants, Cafés/Catering (HoReCa), the beverage industry, and food packaging.The company is committed to meeting growing demand with a new 90,000 sq. ft. manufacturing facility in Dhulagarh, equipped with advanced machines and skilled staff to enhance production and quality.The company exports products to Europe, USA, Australia, the Middle East, and Africa, tailored to local preferences. Over 25 loyal customers reflect the company's commitment to quality and consistency.Product Portfolio:Thin-Wall Food Containers: GIL commenced production in 2011 with a capacity of 80 MT/month, expanding to 665 MT/month by 2022.Compostable Straws: The company ventured into manufacturing paper and PLA straws in 2019, with capacities of 95 MT/month and 160 MT/month, respectively. In 2022, GIL introduced U-shaped straws made from paper and PLA for the beverage and dairy industries.As of May 31, 2025, the company had 306 permanent employees.Competitive Strengths:Experienced Promoters, management and operating teamEstablished relationships with customersAdvanced in-house processing facilities with focus on cost competitivenessQuality AssuranceCustomization Capabilities

GLEN Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects: