Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Globesecure Technologies IPO is a fixed price issue of ₹10.13 crores. The issue is entirely a fresh issue of 0.35 crore shares of ₹10.13 crore.
Globesecure Technologies IPO bidding started from May 23, 2022 and ended on May 25, 2022. The allotment for Globesecure Technologies IPO was finalized on May 30, 2022. The shares got listed on NSE SME on Jun 2, 2022.
Globesecure Technologies IPO price is ₹29.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,16,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,32,000.
Fast Track Finsec Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Nirman Share Brokers Pvt.Ltd..
Refer to Globesecure Technologies IPO RHP for detailed Information.
| IPO Date | May 23, 2022 to May 25, 2022 |
| Listing Date | June 2, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹29 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 34,92,000 shares (aggregating up to ₹10.13 Cr) |
| Reserved for Market Maker | 1,80,000 shares Nirman Share Brokers Pvt.Ltd. (aggregating up to ₹0.5220 Cr) |
| Net Offered to Public | 33,12,000 shares (aggregating up to ₹9.60 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 16,56,000 shares |
| Share Holding Post Issue | 16,56,000 shares |
Globesecure Technologies IPO offers total 34,92,000 shares. Out of which 16,56,000 (47.42%) allocated to NII, 16,56,000 (47.42%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,80,000 (5.15%) |
| NII (HNI) Shares Offered | 16,56,000 (47.42%) |
| Retail Shares Offered | 16,56,000 (47.42%) |
| Total Shares Offered | 34,92,000 (100.00%) |
Globesecure Technologies IPO opens on May 23, 2022, and closes on May 25, 2022.
| IPO Open Date | Mon, May 23, 2022 |
| IPO Close Date | Wed, May 25, 2022 |
| Tentative Allotment | Mon, May 30, 2022 |
| Initiation of Refunds | Tue, May 31, 2022 |
| Credit of Shares to Demat | Tue, May 31, 2022 |
| Tentative Listing Date | Thu, Jun 2, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, May 25, 2022 |
Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,16,000 |
| Retail (Max) | 1 | 4,000 | ₹1,16,000 |
| HNI (Min) | 2 | 8,000 | ₹2,32,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Globesecure Technologies is a digital transformation company in India that offers cyber security services. The company has executed several cyber security transformation projects, infrastructure, and digital transformation projects for various institutions and individuals.
The company's business line is classified into three divisions: Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization, etc.
As on May 16, 2022, the company had 16 employees across the key business verticals.
Competitive Strengths
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-19 | 1565.3 | 1042.9 | 61.7 |
| 31-Mar-20 | 2243.2 | 1924.3 | 11.8 |
| 31-Mar-21 | 2759.2 | 1922.6 | 100.5 |
| 31-Dec-21 | 2976 | 1117 | 111.2 |
| Amount in ₹ Lakhs | |||
The market capitalization of Globesecure Technologies IPO is ₹26.41 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 17.9 |
The company intends to utilize the proceeds of the Issue to meet the following objects:
1. To part finance the Working Capital Requirements.
2. General Corporate Purposes.
3. To meet Issue Expenses.
[Dilip Davda] GTL is operating in a highly competitive segment with many big players in the fray. The sustainability of super earnings reported for the last 21 months raises concern. With the issue expenses, this IPO is fully structured for the subscription part. There is no harm in skipping this fully priced offer. Read detail review...
| Listing Date | June 2, 2022 |
| BSE Script Code | |
| NSE Symbol | GSTL |
| ISIN | INE00WS01056 |
| Final Issue Price | ₹29 per share |
| BSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹29.00 |
| Open | ₹36.50 |
| Low | ₹34.70 |
| High | ₹38.30 |
| Last Trade | ₹37.10 |
Globesecure Technologies Ltd.
C-321, 215 Atrium,
M.V. Road, Near Courtyard Marriott Hotel,
Andheri -East,
Mumbai, Maharashtra, 400093
Phone: +91-22- 4002 2224
Email: info@globesecure.in
Website: https://www.globesecure.in/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Globesecure Technologies IPO is a SME IPO of 34,92,000 equity shares of the face value of ₹10 aggregating up to ₹10.13 Crores. The issue is priced at ₹29 per share. The minimum order quantity is 4000.
The IPO opens on May 23, 2022, and closes on May 25, 2022.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Globesecure Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Globesecure Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Globesecure Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Globesecure Technologies IPO opens on May 23, 2022 and closes on May 25, 2022.
Globesecure Technologies IPO lot size is 4000, and the minimum amount required for application is ₹1,16,000.
You can apply in Globesecure Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Globesecure Technologies IPO will be done on Monday, May 30, 2022, and the allotted shares will be credited to your demat account by Tuesday, May 31, 2022. Check the Globesecure Technologies IPO allotment status.
The Globesecure Technologies IPO listing date is on Thursday, June 2, 2022.
Useful Articles
RHP