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Globtier Infotech IPO subscribed over 0.93x on Day 2

Globtier Infotech IPO subscribed over 0.93x on Day 2

Globtier Infotech IPO Subscription Status

The Globtier Infotech IPO continued to see steady demand and was subscribed 0.93 times on its second day of bidding till 5:00 PM on August 26, 2025.

  • QIB (Qualified Institutional Buyers): 0.00x
  • NII (Non-Institutional Investors): 0.47x
  • RII (Retail Individual Investors): 1.39x

In total, the company received bids for 38,14,400 shares against 40,88,000 shares on offer by the close of Day 2.

  • On Day 1, the IPO subscription stood at 0.66x.
  • By Day 2, it improved to 0.93x, largely supported by retail participation.

About Globtier Infotech Limited

Founded in 2012, Globtier Infotech Limited started with a clear vision of providing IT and SAP support services. Over time, the company has expanded into delivering comprehensive IT solutions aimed at boosting business performance through seamless workflows, process automation, and advanced digital tools.

With a commitment to quality, innovation, and client satisfaction, Globtier Infotech has built a strong global reputation in the IT industry. Its service offerings include:

  • IT FMS (Facility Management Services) Support: Ensuring smooth IT operations, optimizing resources, and safeguarding systems from technical failures or cyber risks.
  • Application Support: End-to-end assistance for enterprise applications, covering installation, maintenance, troubleshooting, and user training.
  • Cloud Solutions & Digital Innovation: Helping businesses adopt cloud computing, digital transformation strategies, and new-age technologies.
  • Application Development: Designing and developing tailored software applications to meet unique business requirements.

Globtier Infotech serves clients across various sectors, including finance, healthcare, retail, and manufacturing, strengthening its position as a technology-driven solutions provider.

Globtier Infotech Financial Report

  • Revenue (FY 2025): ₹94.81 crore (vs ₹88.27 crore in FY 2024)
  • Profit (FY 2025): ₹5.50 crore (vs ₹3.74 crore in FY 2024)
  • The company recorded a 7.4% YoY increase in revenue and nearly 47% growth in profitability, reflecting better cost efficiency and higher service demand.

Globtier Infotech IPO GMP (Grey Market Premium)

As of Tuesday, August 26, 2025, the GMP stood at ₹8.

  • This means the shares are trading at ₹80 in the grey market, showing a ₹8 premium over the issue price of ₹72.
  • Although the premium is modest, it indicates positive sentiment among retail investors.

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