Globtier Infotech IPO: GMP, price band among all details to know before subscribing

Globtier Infotech will launch its Rs 31 crore IPO today. The fixed price issue, which comprises both a fresh issue and an offer for sale, will remain open for subscription until Thursday. The shares are expected to list on the BSE SME platform on September 2.

The IPO consists of a fresh issue of 35.87 lakh shares aggregating Rs 25.83 crore and an offer for sale of 5 lakh shares worth Rs 3.61 crore, bringing the total to 43.12 lakh shares.

Glober Infotech IPO price band

The offer price is fixed at Rs 72 per equity share with a face value of Rs 10 each. The lot size has been set at 1,600 shares. Retail investors must apply for a minimum of two lots, or 3,200 shares

Globtier Infotech IPO GMP

The grey market premium (GMP) is currently flat at Rs 0.

Out of the total issue, 47.5% of shares are reserved for retail investors and 47.31% for HNIs, while 2.24 lakh shares are allocated to the market maker, Nikunj Stock Brokers.

Shannon Advisors is the book-running lead manager, and Skyline Financial Services is the registrar of the issue.

About the Company

Founded in 2012 and headquartered in Noida, Globtier Infotech Ltd. provides managed IT services, SAP support, and digital transformation solutions.

Its offerings span IT facilities management, application support and development, cloud services, cybersecurity, and automation.

The company serves small, midsize, and startup enterprises across industries, tailoring solutions to enhance business performance. As of March 2025, Globtier Infotech employed 707 full-time staff.

Financial Performance

Globtier Infotech reported a 7% rise in revenue to Rs 94.81 crore in FY25, compared with Rs 88.27 crore in FY24. Profit after tax jumped 47% to Rs 5.50 crore in the same period.

Objects of the Issue

The net proceeds from the IPO will be used for funding working capital requirements (Rs 11.50 crore), repayment or prepayment of certain loans (Rs 8.30 crore), and general corporate purposes (Rs 4.09 crore).

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