Globtier Infotech Ltd Logo

Globtier Infotech Ltd IPO

NSELot: 1600

LISTEDSME
Issue Price72
Listing57.6
Current27.5
Price Band
72 - ₹72
Lot Size
1,600
Issue Size
₹31.05 Cr
GMP
0
Subscription
0.66x

IPO Schedule

1
Open
25 Aug
2
Close
28 Aug
3
Allotment
29 Aug
4
Listing
2 Sept

About Globtier Infotech Ltd

Globtier Infotech Ltd is an IT solutions provider specializing in software development, IT consulting, and digital transformation services. The company caters to a diverse range of industries, offering customized solutions to meet specific client needs.

Subscription Status

QIB
0.00x
NII
0.42x
Retail
0.88x
CategoryDay 3Day 2Day 1
QIB0.00x0.00x0.00x
NII0.63x0.47x0.42x
Retail2.04x1.39x0.88x
Total1.34x0.93x0.66x

Risk Factors

SME IPOs are inherently riskier due to lower liquidity and greater volatility.
Dependence on a limited number of clients could significantly impact revenue if relationships are disrupted.
Intense competition in the IT services sector may put pressure on pricing and margins.

Promoters & Management

The key management team consists of: Rajiv Shukla (Chairman & Managing Director): Aged 62, with over 20 years of experience in the IT industry. He holds a Bachelor of Science degree. His responsibilities include customer experience management and marketing. Rekha Shukla (Executive Director): Aged 56, with over 12 years of experience in the IT industry. She holds a Bachelor of Arts degree. Her responsibilities include overseeing the admin and human resources department. Rahul Shukla (Non-Executive Director): Aged 32, with over 7 years of experience in the field of law. He holds a Master of Laws degree. Shardul Sangal (Non-Executive Director): Aged 50, with over 28 years of experience. He holds a Bachelor of Engineering degree. Manoj Kumar Jain (Non-Executive & Independent Director): Aged 68, with over 35 years of experience. He holds a Master of Technology degree. Rajesh Srivastava (Non-Executive & Independent Director): Aged 59, with over 36 years of experience. He holds a Chartered Accountant degree. Vani Aggarwal (Company Secretary & Compliance Officer): Holds a Bachelor of Commerce and is an Associate Member of the Institute of Company Secretaries of India. Sandeep Gupta (Chief Financial Officer): He is a Fellow Member of the Institute of Cost & Works Accountants of India and holds a Bachelor of Commerce (Hons.) degree.