Globtier Infotech's ₹31 crore IPO Opens on August 25 at ₹72 per Share

Globtier Infotech has priced its ₹31 crore IPO at ₹72 per share, with a subscription opening on August 25. The net proceeds will be used for working capital, debt repayment, and general corporate purposes. The company's total revenue in FY25 was ₹94.81 crore, with a net profit of ₹5.50 crore and EBITDA of ₹11.77 crore. The IPO is being managed by Shannon Advisors Pvt Ltd and will list on the BSE SME platform.

Globtier Infotech, a managed IT and SAP support service provider, has priced its initial public offering (IPO) at ₹72 per share, raising ₹31.02 crore. The IPO, which will open for subscription on August 25, is a combination of a fresh issue of 38.11 lakh equity shares, including a market maker portion of 2.24 lakh shares, and an offer for sale of 5 lakh equity shares [1].

The net proceeds from the IPO will be utilized for funding working capital requirements, repayment of debt, and general corporate purposes. The company's total revenue for the financial year ending March 2025 (FY25) was ₹94.81 crore, with a net profit of ₹5.50 crore and EBITDA of ₹11.77 crore [1, 2].

Shannon Advisors Pvt Ltd is the sole book running lead manager of the offer, and shares will be listed on the BSE SME platform. The minimum application size for individual investors is 2 lots of 1,600 shares, equating to a minimum investment of ₹2,30,400 at the offer price of ₹72 per share [3].

Globtier Infotech was incorporated in 2012 and offers a wide range of IT services tailored to enterprises of all sizes. The company's healthy return ratios for FY25 include a Return on Equity (ROE) of 31.55% and a Return on Capital Employed (ROCE) of 47.68% [3].

The IPO marks a significant milestone for Globtier Infotech as it seeks to expand its operations and fund its growth objectives through public market financing.

References:
[1] https://www.thehindubusinessline.com/markets/stock-markets/globtier-infotech-sets-ipo-price-at-72-per-share-31-crore-offer-to-open-on-monday/article69963893.ece
[2] https://www.business-standard.com/markets/ipo/globtier-infotech-prices-ipo-at-72-per-share-31-crore-issue-opens-monday-125082200582_1.html
[3] https://www.business-standard.com/content/press-releases-ani/globtier-infotech-ltd-plans-to-raise-up-to-rs-31-04-crore-from-public-offer-ipo-opens-on-aug-25-2025-125082200505_1.html