Globtier Infotech shares list at 20% discount to IPO price; Hit 5% lower circuit on BSE SME

Globtier Infotech made a dismal debut on the BSE SME platform today. From the issue price of ₹72, the shares listed at ₹57.60, a significant 20% discount. As soon as the pre-market session closed and regular trading started, the stock extended losses further and triggered the 5% lower circuit, falling to ₹54.72 per share.

Globtier Infotech IPO Details

Globtier Infotech IPO was open for subscription from August 25 to August 28, 2025, and the issue was priced at ₹72 per share. The company raised approximately ₹31.05 crore via the IPO, comprising a fresh issue of ₹27.44 crore and an offer-for-sale of around ₹3.61 crore by promoter Rekha Shukla. 

The IPO received an overall subscription of 1.34 times, driven primarily by strong interest from retail investors, who subscribed 2.04 times their allotted quota. 

The Non-Institutional Investors (NIIs) segment saw a moderate response at 0.63 times, while Qualified Institutional Buyers (QIBs) showed minimal interest, subscribing just 1x.

The net proceeds from the fresh issue will be used to fund working capital requirements, repay outstanding debt, and serve general corporate purposes. 

About Globtier Infotech

Globtier Infotech is a managed IT and SAP support service provider that provides IT FMS support, application development, application support, digital transformation, staff augmentation, cloud solutions, and infosec services. The company is based out of Noida and caters to businesses of all sizes, from small and medium-sized enterprises (SMEs) to larger organisations.

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