Globtier Infotech IPO Ends on a High with 1.32× Subscription; Retail Fuels the Surge

New Delhi, Aug 28, 2025 –Globtier Infotech Limited’s SME IPO closed on a high yesterday on the final day, with bids for 1.32 times the number of shares on offer. The fixed-price issue that opened on August 25 and closed yesterday saw good interest coming from retail investors, with institutional demand being light.

Retail Investors Drive Subscription

Retail Individual Investors (RIIs) were the prime movers behind the spurt, subscribing 2.04× bidding for 41.7 lakh shares, reflecting strong confidence from retail applicants.

Non-Institutional Investors (NIIs) bid for 15.17 lakh shares, resulting in a 0.74× subscription reflective of modest participation. Qualified Institutional Buyers (QIBs) reflected minimal participation, made a single application for 4,800 shares, totalizing a 0.01× subscription.

IPO Information & Pricing

Globtier Infotech’s initial public offering (IPO) worth ₹31.05 crore consisted of a fresh issue of 38.11 lakh shares and offer-for-sale of 5 lakh shares at a price of ₹72 per share. A lot included 1,600 shares, and the minimum bid requirement of two lots (i.e., 3,200 shares) for retail investors. The company will be listed on the BSE SME platform on September 2.

What Retail Investors Need to Consider?

The strong retail investor subscription is a testimony to growing participation and interest in SME IPOs. The retail white heat of more than 2× subscription is an indicator of optimism on Globtier Infotech’s value proposition. Dull institutional interest, however, indicates cautious optimism. Investors will now watch allotment results and the stock’s performance on its listing day.

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