IPO

Globesecure Technologies Limited IPO

NSE SME

Listed On: Jun 2, 2022 at ₹ 36.50

₹ 232000 /8000 Shares
*Min Investment

Check Allotment

23 May, 2022

Open Date

25 May, 2022

Close Date

31 May, 2022

Allotment Date

02 Jun, 2022

Listing Date
IPO Issue Details
  • Issue Price ₹29 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 3,492,000 shares of ₹10(aggregating up to ₹10.13 Cr)
  • Listing at NSE SME
  • List Price 36.50
  • Listing Date 2022-06-02
  • Lead Manager Fast Track Finsec Pvt Ltd
  • Registrar Skyline Financial Services Private Ltd
IPO Details
  • Retail Portion N/A
IPO Documents
IPO Details


Globesecure Technologies Limited IPO is an SME IPO, priced at ₹29 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.

The IPO bidding window is open from May 23, 2022 to May 25, 2022. The allotment is expected to be finalized on May 31, 2022, and the tentative listing date is Jun 2, 2022.


The registrar of the IPO is Skyline Financial Services Private Ltd, and

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IPO Subscription Analysis And Details
Retail
4.64x
Total
14.17x
As onQIB / NIIRetailTotal
Shares Offered / Reserved1,656,0001,656,0003,312,000
Day 1 23-05-22 05:00 PM
0.13 x0.89 x0.51 x
Day 2 24-05-22 05:00 PM
0.25 x1.28 x0.76 x
Day 3 25-05-22 05:00 PM
23.70 x4.64 x14.17 x
Valuations
Earnings Per Share (EPS) ₹1.10/-
P/E Ratio 26.28
RoNW 13.55%
Net Asset Value (NAV) - Post Issue ₹22.04/-
Company Financials
In Crs.
In Cr.
31-Dec-2131-Mar-2131-Mar-2031-Mar-19
Assets29.7627.5922.4315.65
Revenue11.1619.2219.2410.42
Profit After Tax1.111.000.110.61
About Company

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.

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- Promoter(s)

Mr. Ragavan Rajkumar

Mr. Saravanan Narayanasamy

Pre Issue Share Holding : 58.05%

Post Issue Share Holding : 35.80%

IPO - Issue Objectives
1

To part finance the Working Capital Requirements.

2

General Corporate Purposes.

3

To meet Issue Expenses