By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Globtier Infotech Ltd plans to raise up to Rs. 31.04 crore from public offer, IPO opens on Aug 25, 2025 – World News Network
Share
Notification Show More
Font ResizerAa
Font ResizerAa
Latest World News UpdateLatest World News Update
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Globtier Infotech Ltd plans to raise up to Rs. 31.04 crore from public offer, IPO opens on Aug 25, 2025 – World News Network
Business

Globtier Infotech Ltd plans to raise up to Rs. 31.04 crore from public offer, IPO opens on Aug 25, 2025 – World News Network

worldnewsnetwork
Last updated: August 22, 2025 12:00 am
By worldnewsnetwork 5 Min Read
Share
SHARE

PNN
New Delhi [India], August 22: Globtier Infotech Limited is planning to raise upto Rs. 31.04 crore from its public offer. The public offer will open for subscription on 25 August 2025 and will close on 28 August, 2025. Shannon Advisors Pvt. Ltd. is the lead manager of the offer. Shares will be listed on BSE SME platform.
Highlights:
– IPO opens for subscription on 25 August 2025 and closes on 28 August, 2025; Minimum lot size for application is 2 lots of 1,600 shares i.e. 3,200 shares and in multiples of 1,600 shares thereafter;
– Minimum investment required at the offer price of Rs. 72 per share is Rs. 2,30,400.
– The offer is a combination of fresh issue of 38.11 lakh shares including market maker portion and and offer for sale of 5 lakh shares aggregating to ₹61 crores
– Funds raised through the offer will be used towards fund working capital, repay/prepay borrowings, and meet general corporate purposes.
– For FY24-25 company reported revenue of Rs. 94.81 crore and net profit of Rs. 5.50 crore
Healthy Returns Ratio as on 31 March 2025 – ROE at 31.55%, ROCE at 47.68%
– Shannon Advisors Pvt. Ltd. is the lead manager of the offer
The initial public offering of Rs. 31.04 crore is a combination of a fresh issue of 38.11 lakh equity shares including market marker portion of 2.24 lakh shares and an offer for sale of 5 lakh equity shares. The total issue involves 43.12 lakh equity shares for a face value of Rs. 10 each at offer price of Rs. 72 per share.
The net proceeds from the issue are proposed to be utilized by the company for funding its working capital requirements, repayment and/or prepayment, in full or in part, of certain borrowings availed by the company, and for general corporate purposes.
Minimum application for individual investors is 3,200 shares which translates into a minimum investment of Rs. 2,30,400 at offer price of Rs 72. Lot size is 1,600 shares.
Incorporated in 2012, Globtier Infotech Limited is a Managed IT and SAP Support Service provider, empowering businesses with IT solutions. Its offerings cover a wide range of IT services tailored to the needs of enterprises of all sizes, from Small and Medium-Sized Enterprises (SMEs) to larger organizations across various industries. The company focuses on delivering solutions that help its clients adapt to industry changes, enhance processes, and achieve their growth objectives through IT services.
For FY24-25 ended on 31 March 2025, the company’s total revenue was reported at Rs 94.81 crore. The Company registered Net profit of Rs. 5.50 crore whereas EBITDA was reported at Rs 11.77 crore. Net worth of the company as on March 2025 stands at Rs. 20.29 crore. Company has maintained healthy return ratio which as on 31 March 2025 stands follow – Return on Equity/Return on Net Worth stands at 31.55% whereas Return on Capital Employed was at 47.68%.
Globtier Infotech Ltd. IPO will open on August 25, 2025, and close on August 28, 2025, with an offer price of Rs. 72 per share; the issue comprises 43.12 lakh shares aggregating up to Rs. 31.04 crore, with a minimum application size of 2 lots (3,200 shares) and a lot size of 1,600 shares, and the listing will be on the BSE SME Platform.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Startek® wins Silver Stevie® Award in 2025 International Business Awards® – World News Network

Gold Shines Bright as Poonam Soni’s “Treasures of India” Captivates Mumbai – World News Network

Absolut Mixers Turns the Spotlight on India’s Untold Stories Through a New Photography Campaign – ‘Colourful Streets Colourless Stories’ – World News Network

EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report – World News Network

Nvidia’s Jensen Huang makes third visit to Taiwan this year, meets TSMC executives – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Game-changer for Food and Beverage industry: Watson-Marlow Fluid Technology Solutions shares the sustainability benefits of the Bredel CIP pump at Anuga FoodTec India 2025 – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow
- Advertisement -
Ad image

Latest News

India’s Auto sector shows mixed signals in Q1FY26: Report – World News Network
Business
Sarveshwar Foods Expands Consumer Reach, Plans to Double their Stores Network – World News Network
Business
Blue Ribbon Award – A Global Stage of Honor and Legacy – World News Network
Business
Deutsche Borse Group Inaugurates New Office in Hyderabad – World News Network
Business
Copyright © 2024 World News Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?