Globtier Infotech Ltd IPO

The IPO opens on 25 Aug 2025 & closes on 28 Aug 2025.

Globtier Infotech Limited was incorporated as 'Globtier Infotech Private Limited' dated March 31, 2012 with the Registrar of Companies, NCT of Delhi and Haryana. Further, Company was converted into Public Limited Company and a fresh Certificate of Incorporation upon conversion was issued by the Central Processing Centre on September 18, 2024. Globtier Infotech is a Managed IT and SAP Support Service provider, empowering businesses with IT solutions. The journey in the business of IT services began in 2004, when Rajiv Shukla, Company Promoter, started a proprietorship firm under the name M/s Globtier Infotech. Initially, the firm worked on application development, delivering solutions to meet clients' software needs. As the business grew, Rajiv Shukla envisioned a formal corporate structure, one that could support expansion and cater to more clients. This led to incorporation of Globtier Infotech Private Limited on March 31, 2012, creating a corporate entity that formed to acquire and takeover a going concern in the name and style of M/s Globtier Infotech, a Proprietorship Concern. As demand for specialized and managed IT services grew, Company diversified the products to include Managed IT Services, enhanced application support, and custom application development. Recognizing that technology was advancing rapidly, it upskilled the team in evolving technologies. This dedicated space allowed the team to research and develop tools, resulting in solutions with sophisticated IT support services. As part of client-centric approach, it developed a business model that emphasizes personalized, proactive engagement with client, aligning the services to their unique needs. In addition, Company has introduced cost-saving strategies for clients, such as process automation and streamlined resource management, designed to optimize efficiency. By embracing technology, Company develop solutions that meet evolving market demands, positioning ahead of competitors and attracting clients who seek dependable and inventive IT services. Digital transformation, cloud solutions, and cybersecurity allow Company to provide modern techniques. By integrating ongoing trends and practices, Company enhance user experiences and strengthen its position in the industry. The Company came up with its IPO by issuing 43,12,000 equity shares of Rs 10 each and raised Rs 31.05 crores, consisting a fresh issue of 38,11,200 equity shares aggregating to Rs 27.44 crores and the offer for sale of 5,00,800 equity shares aggregating to Rs 3.61 crores in August 2025.

Globtier Infotech Ltd IPO will close on 28 Aug 2025.

<ul><li>Long-Term Relationships.</li><li>Customized Client Solutions.</li><li>Understanding of Technology.</li></ul>

<table class="table"> <thead> <tr> <th>S.No</th> <th>Promoters Name</th> <th>Pre Issue Shares</th> <th>Pre Issue Percentage</th> <th>Post Issue Shares</th> <th>Post Issue Percentage</th> </tr> </thead> <tbody> <tr> <td>1</td> <td>Rajiv Shukla</td> <td>780000</td> <td>6.9</td> <td>780000</td> <td>5.16</td> </tr> <tr> <td>2</td> <td>Rekha Shukla</td> <td>10515000</td> <td>92.97</td> <td>10014200</td> <td>66.22</td> </tr> <tr> <td>3</td> <td>Rahul Shukla</td> <td>---</td> <td>---</td> <td>---</td> <td>---</td> </tr> </tbody> </table>

<ul><li>If its unable to attract and retain qualified, experienced and other employees, it may negatively impact the company business conditions including operations, and financial condition. Additionally, employee benefit expenses make up a significant portion of its overall costs, and any substantial increase in these expenses could adversely affect our business including financial performance and profitability.</li><li>Its revenue from operations is primarily driven by System Integrators (SIs). Any challenges in maintaining relationships with these SIs or unfavorable market developments affecting SI driven IT services could have a adverse impact on its business, operational performance, cash flows, and overall financial health.</li><li>The company's depend on certain key customers for its revenues. A decrease in the revenues we derive from them could materially and adversely affect the company business, results of operations, cash flows and financial condition.</li><li>The company has experienced negative cash flows in the past and may continue to do so in the future and the same may adversely affect its cash flow requirements, which in turn may adversely affect the company ability to operate its business and implement the company growth plans, thereby affecting its financial condition.</li><li>Its subject to several labour legislations and regulations governing welfare, benefits and training of the company employees. Any increase in such costs could adversely affect its business, results of operations, cash flows and financial condition.</li><li>There are instances of non-payment/ delayed payment or defaults in the payment of statutory dues by the Company.</li><li>The Company does not have sanction letters of certain secured and unsecured loans availed by the Company.</li><li>Failure to offer customer support in a timely and effective manner may adversely affect the company relationship with its customers.</li><li>The Company has not entered into any long-term contracts with the company customers and its may not have any firm arrangements which govern the provision of services of the Company. In the event its customers choose not to source their requirements by engaging it, its business, profitability and results of operations may be adversely affected.</li><li>Its failures to perform in accordance with the standards prescribed in Master Service Agreements, Statement of Work and other Agreements of the company customers could result in loss of business or compensation.</li><li>Any failure to maintain satisfactory performance of the company software infrastructure, particularly those leading to disruptions in its services, could adversely affect the company business and reputation, and its business may be harmed if the company software infrastructure or software is damaged or otherwise fails or becomes obsolete.</li><li>There are certain discrepancies in some of the company corporate records relating to forms filed with the Registrar of Companies.</li><li>Educational qualification degrees of its Promoters, Rajiv Shukla and Rekha Shukla are not traceable.</li><li>Absence of supporting documentation for the acquisition and takeover a going concern in the name and style of M/s Globtier Infotech, a Proprietorship Concern of its Promoter, Mr. Rajiv Shukla.</li><li>Non-issuance of NOC's from Unsecured Lenders for the proposed IPO of the Company considering absence of restrictive covenants pertaining to Unsecured Loans from these Unsecured Lenders.</li><li>The company does not own the company Registered Office and other office spaces, as they are rented, leased or on a leave and license basis. Additionally, some office spaces are virtual offices rented only for statutory registration purposes. Any revocation or adverse changes in the terms of the rental, leased or leave and license may have an adverse effect on its business, prospects, results of operations and financial condition.</li><li>The Company, Promoters as well as its Directors are party to certain litigation and tax proceedings. Any adverse decision in such proceedings may have a material adverse effect on the company business, results of operations and financial condition.</li><li>The company lenders have impose certain restrictive conditions on it under the company financing arrangements. its inability to meet the company obligations, including financial and other covenants under its debt financing arrangements could adversely affect the company business, financial condition, results of operations and cash flows.</li><li>Unsecured loans taken by the Company can be recalled at any time.</li><li>The company has entered into certain related party transactions in the past and may continue to do so in the future.</li><li>The company revenue is dependent on domestic market and the company has very less export revenue. Any adverse changes in the conditions affecting domestic market could adversely affect its business, results of operations and financial condition.</li><li>The company required to maintain certain licenses, approvals, registrations, consents and permits in the ordinary course of business. Failure to maintain and renew the requisite approvals result in non-compliance and therefore, affect the company business operations, financial condition, result of operations and prospects.</li><li>The company could be harmed by employee misconduct or errors that are difficult to detect and any such incidence could adversely affect its financial condition, results of operations and reputation.</li><li>There are multiple companies and entities operating both in India and internationally under the name "Globtier" which poses a risk of brand dilution and market confusion, complicating the establishment of a distinct brand identity.</li><li>The company Promoters and Key Managerial Personnels play a key role in its functioning and the company heavily rely on their knowledge and experience in operating its business and therefore, it is critical for the company business that they remain associated with it. The loss of the Promoters may adversely affect its business and result of operations.</li><li>The company Promoters may have interest in entities, which are engaged in lines of business like that of the Company. Any conflict of interest which may occur between its business and the activities undertaken by such entities could adversely affect the company business and prospects.</li><li>The company may experience software defects, which could harm its business and expose it to potential liability.</li><li>Any IT system failures or lapses on part of any of the company employees may lead to operational interruption, liabilities or reputational harm.</li><li>The Company has Contingent Liabilities and Commitments which if materialize could affect the company financial position.</li><li>Industry information included in the Prospectus has been derived from industry reports from various websites. There can be no assurance that such financial and other industry information is either complete or accurate.</li><li>The company reliance on a limited number of operational facilities, including its primary office in Noida and a Business Continuity Plan (BCP) facility in Bangalore, introduces risks to its business operations. Any disruption to these facilities, despite contingency measures, could adversely impact the company ability to deliver uninterrupted services, resulting in potential financial, operational, and reputational challenges.</li><li>The company has experienced significant working capital requirements in past and may continue to experience in future also. If its experience insufficient cash flows from the company operations or are unable to borrow to meet its working capital requirements, it may materially and adversely affect the company business, cash flows and results of operations.</li><li>Its may not be able to adequately protect or continue to use the company logo.</li><li>In addition to its existing indebtedness for the company existing operations, its may incur further indebtedness during the course of business. the company cannot assure that its would be able to service the company existing and/ or additional indebtedness.</li><li>An inability to effectively manage project execution may lead to project delays which may affect the company business and results of operations.</li><li>Maintaining the Company image and reputation among existing and potential clients is critical to its success, and any failure to do so could damage the company reputation and brand.</li><li>The company profitability, business and growth is significantly dependent on its ability to anticipate the industry and client requirements and utilize our resources to enhance and develop our services that efficiently cater to the company customer's specific requirements in a timely manner. Any failure on its part to do so, may have an impact on the company services, which could have an adverse effect on its revenue, reputation, financial conditions, results of operations and cash flows.</li><li>The company pricing structures may not accurately anticipate the cost and complexity of performing the company work and if its unable to manage costs successfully, then certain of the company projects could be or become unprofitable.</li><li>The average cost of acquisition of Equity shares by the company Promoters is lower than the Offer Price. its</li><li>The company business subjects it to risks in multiple countries where its subsidiary and the company customers are situated.</li><li>The company face competition from both organized and unorganized players, as well as from domestic and global firms within the IT industry. This competitive pressure could negatively impact its business operations and financial condition.</li><li>Its Promoters will retain majority shareholding in the Company following the Offer, which will allow them to exercise significant influence over it and may cause it to take actions that are not in the company or your best interest.</li><li>The company Promoters, Directors and Key Managerial Personnel may have an interest in the Company other than reimbursement of expenses incurred or normal remuneration or benefits.</li><li>If the company fail to maintain an effective system of internal controls, its may not be able to successfully manage, or accurately report, the company financial risks.</li><li>Its may be unable to perform background verification procedures on the company employees prior to placing them with its customers. Any instances of illegal or fraudulent activities by such personnel may have an adverse effect on the company reputation, results of operations, cash flows and business prospects.</li><li>Its exposed to the risk of delays or non-payment by the company customers and other counterparties, which may also result in cash flow mismatches.</li><li>The company Promoter has extended personal guarantees with respect to various loan facilities availed by the Company. Revocation of any or all of these personal guarantees may adversely affect its business operations and financial condition.</li><li>The company insurance coverage may not adequately protect it from all material risks and liabilities.</li><li>The company actual results could differ from the estimates and projections used to prepare the company financial statements.</li><li>The requirement of funds in relation to the objects of the Offer has not been appraised by any banks/ institutions.</li><li>If the company unable to source business opportunities effectively, its may not achieve the company financial objectives.</li><li>Its may not be successful in executing the company strategy to increase sales of its offerings to new and existing large enterprise clients, the company operating results may suffer.</li><li>The company will not receive any proceeds from the Offer for Sale. The Selling Shareholders will receive the net proceeds from the Offer for Sale.</li><li>The company has not made any alternate arrangements in order to meet its Objects of the Offer. Additionally, the company has not identified any alternate source of financing the `Objects of the Offer. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance.</li><li>Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval.</li><li>The company ability to pay dividends in the future may be affected by any material adverse effect on its future earnings, financial condition or cash flows.</li><li>The Company's future funding requirements, in the form of further issue of capital or other securities and/or loans that might be availed by it, may turn the company to be prejudicial to the interest of the shareholders depending upon the terms and conditions on which they are raised.</li></ul>

The Issue type of Globtier Infotech Ltd is Fixed Price - SME.

The minimum application for shares of Globtier Infotech Ltd is 3200.

The total shares issue of Globtier Infotech Ltd is 4312000.

Initial public offer of up to 43,12,000 equity shares of Rs. 10/- each ("Equity Shares") of Globtier Infotech Limited ("Globtier" or the "Company" or the "Issuer") for cash at an offer price of Rs. 72/- per equity share (the "Offer Price"), aggregating up to Rs. 31.05 crores ("the Offer"), comprising of a fresh issue of up to 38,11,200 equity shares aggregating to Rs. 27.44 crores by the company ("Fresh Issue") and an offer for sale of up to 5,00,800 equity shares by Rekha Shukla ("the Selling Shareholder") aggregating to Rs. 3.61 crores ("Offer for Sale"). Out of the offer up to 2,24,000 equity shares of Rs. 10/- each, at an offer price of Rs. 72/- per equity share for cash, aggregating to Rs. 1.61 crores will be reserved for subscription by the market maker to the offer ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 40,88,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 72/- per equity share for cash, aggregating to Rs. 29.43 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 28.52% and 27.03%, respectively of the post offer paid up equity share capital of the company. The issue price is 7.2 times the face value of the equity shares.