Globtier Infotech IPO subscribed over 0.66x on Day 1
On the first day of bidding (25th August 2025, till 5:00 PM), Globtier Infotech IPO was subscribed 0.66 times.
The company received bids for 26,81,600 shares against an issue size of 40,88,000 shares on Day 1.
Incorporated in 2012, Globtier Infotech Ltd began its journey with a focus on IT and SAP support services. Over time, it has expanded into a comprehensive IT solutions provider, delivering services that enhance business efficiency through seamless workflows and advanced technologies. The company has built a strong reputation for its dedication, innovation, and high-quality service delivery.
Its service offerings include:
The company caters to both domestic and international markets, serving clients in industries such as IT, telecom, healthcare, retail, and finance.
As of Monday, 25th August 2025, the Grey Market Premium (GMP) was ₹17, indicating that the IPO was trading at around ₹89 in the grey market. This reflects a premium over the issue price of ₹72.
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