Globtier Infotech IPO subscribed over 1.34x on Day 3
The Globtier Infotech IPO concluded on 28th August 2025 at 05:00 PM, achieving an overall subscription of 1.34 times. The subscription momentum picked up gradually over three days, with maximum traction from retail investors (RIIs).
The company received bids for 54,67,200 shares against the 40,88,000 shares on offer, indicating healthy retail participation despite relatively lower demand from institutional investors.
Day-wise Subscription Snapshot:
This shows that the IPO picked up significant momentum on the last day, mainly fueled by retail demand.
Established in 2012, Globtier Infotech Limited is a technology-driven company that initially focused on IT and SAP support services. Over time, it has expanded its offerings into multiple areas of enterprise IT solutions, catering to both domestic and international clients.
The company has gained recognition for its high-quality service delivery, technical expertise, and focus on digital transformation. Its vision is to provide innovative IT solutions that improve workflow efficiency, optimize resources, and help businesses adapt to modern technology trends.
Service Portfolio:
Globtier’s growing reputation comes from its customer-centric approach, technological adaptability, and consistent performance across IT verticals.
Globtier Infotech has shown steady revenue growth and improving profitability:
The sharp jump in profit margin highlights improved operational efficiency and stronger demand for IT solutions.
As of Wednesday, 28th August 2025, the Grey Market Premium (GMP) for Globtier Infotech IPO stood at ₹1.
This suggests a modest premium of ~1.4%, indicating a stable but conservative listing expectation, largely reflecting investor caution amid lower institutional demand.
Upcoming IPO
The ultimate destination for all of your medical needs.