Globesecure Technologies Limited IPO (Globesecure Technologies IPO) Detail
Company Financials:
| Particulars | For the year/period ended (₹ in Lakhs) | |||
|---|---|---|---|---|
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 2976.03 | 2759.19 | 2243.19 | 1565.29 |
| Total Revenue | 1116.99 | 1922.57 | 1924.27 | 1042.87 |
| Profit After Tax | 111.16 | 100.47 | 11.81 | 61.74 |
Objects of the Issue:
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.
Globesecure Technologies IPO Details
| Globesecure Technologies IPO Date | May 23, 2022 to May 25, 2022 |
| Globesecure Technologies IPO Face Value | ₹10 per share |
| Globesecure Technologies IPO Price | ₹29 per share |
| Globesecure Technologies IPO Lot Size | 4000 Shares |
| Issue Size | 3,492,000 shares of ₹10 (aggregating up to ₹10.13 Cr) |
| Fresh Issue | 3,492,000 shares of ₹10 (aggregating up to ₹10.13 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Retail Shares Offered | not less than 50% of the Net Offer |
| NII (HNI) Shares Offered | not more than 50% of the Net Offer |
| Company Promoters | Mr. Ragavan Rajkumar and Mr. Saravanan Narayanasamy are the company promoters. |
Globesecure Technologies IPO Timeline.
Globesecure Technologies IPO opens on May 23, 2022, and closes on May 25, 2022. The Globesecure Technologies IPO bid date is from May 23, 2022 10.00 A.M. to May 25, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Globesecure Technologies IPO Opening Date | May 23, 2022 |
| Globesecure Technologies IPO Closing Date | May 25, 2022 |
| Basis of Allotment | May 30, 2022 |
| Initiation of Refunds | May 31, 2022 |
| Credit of Shares to Demat | May 31, 2022 |
| Globesecure Technologies IPO Listing Date | Jun 2, 2022 |
Globesecure Technologies IPO Lot Size
The Globesecure Technologies IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹116,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹116,000 |
| Maximum | 1 | 4000 | ₹116,000 |
Globesecure Technologies IPO Promoter Holding
| Pre Issue Share Holding | 58.05% |
| Post Issue Share Holding | 35.80% |
Globesecure Technologies IPO Review
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…
Globesecure Technologies IPO Recommendation by Members
Globesecure Technologies IPO Recommendations Details | Post Recommendation | Manage Recommendations
| Subscribe | Neutral | Avoid |
|---|---|---|
| 0 | 0 | 2 |
Globesecure Technologies IPO Subscription Status (Bidding Detail)
The Globesecure Technologies IPO is subscribed 14.17 times on May 25, 2022 5:00:00 PM. The public issue subscribed 4.64 times in the retail category, times in the QIB category, and 23.70 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 23.70 |
| Retail | 4.64 |
| Total | 14.17 |
Globesecure Technologies IPO Prospectus
Company Contact Information
Globesecure Technologies Limited
C-321, 215 Atrium,
M.V. Road, Near Courtyard Marriott Hotel,
Andheri -East, Mumbai-400093
Phone: +91-22- 4002 2224
Email: info@globesecure.in
Website: https://www.globesecure.in/
Globesecure Technologies IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: virenr@skylinerta.com
Website: https://www.skylinerta.com/