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Globtier Infotech will launch its Rs 31 crore IPO today, with a fixed price of Rs 72 per share and a face value of Rs 10 each. The issue consists of a fresh issue of Rs 25.83 crore and an offer for sale of Rs 3.61 crore. The net proceeds will be used for working capital, loan repayment, and general corporate purposes. Retail investors must apply for a minimum of two lots, or 3,200 shares. The grey market premium is currently flat at Rs 0.
Globtier Infotech Limited, a leading Managed IT and SAP Support Services provider, is set to launch its initial public offering (IPO) today, August 25, 2025. The IPO is priced at Rs 72 per share with a face value of Rs 10 each, raising up to Rs 31.04 crore. The issue comprises a fresh issue of Rs 25.83 crore and an offer for sale of Rs 3.61 crore. The net proceeds will be utilized for funding working capital requirements, repaying or prepaying borrowings, and general corporate purposes.
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