IPO Issue Details
Issue Price / Price Band₹29 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size34,92,000 shares (aggregating up to ₹10.13 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 23 May 2022
Subscription CloseWed, 25 May 2022
Anchor AllotmentSun, 22 May 2022
Basis of AllotmentMon, 30 May 2022
Initiation of RefundsTue, 31 May 2022
Credit of Shares to DematTue, 31 May 2022
Listing DateThu, 02 Jun 2022
UPI Mandate Deadline2022-05-25
Application & Investment Details
Retail — Min (1 Lots)₹1,16,000 — 4,000 shares
Retail — Max (13 Lots)₹1,508,000 (13 Lots)
HNI — Min (2 Lots)₹2,32,000 — 8,000 shares
P/E Ratio (Pre-IPO)17.9x
Net Offer to Public33,12,000 shares (aggregating up to ₹9.60 Cr)
Reserved for Market Maker1,80,000 shares (aggregating up to ₹0.5220 Cr)
Pre-IPO Promoter Holding16,56,000 shares
Post-IPO Promoter Holding16,56,000 shares
About Globesecure Technologies Ltd.
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 StrengthsExperienced Management who lead the company to scale up and expand into new opportunities.Dedicated tech support team to provide services/ solutions to our customers.Handled complex migration projects.Dynamic revenue model with continued relation with clientele.
Objects of the Issue
Globesecure Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1. To part finance the Working Capital Requirements.
2
2. General Corporate Purposes.
3
3. To meet Issue Expenses.
Shareholding & Lock-in
Pre-IPO Promoter Holding
16,56,000 shares
Post-IPO Promoter Holding
16,56,000 shares