Globtier Infotech IPO Review

Incorporated in 2012, Globtier began with the ambition of delivering advanced IT services to SMEs and enterprises across various business verticals. Their expertise spans Managed IT Services, Enterprise Application Support, bespoke custom app development, Cloud Services, Security Services, and Staffing Services. Over the years, they have successfully helped the clients enhance efficiency, optimize operations, and achieve growth through their cost-effective and innovative IT services.

The company is led by promoters, RAJIV SHUKLA who has over 20 years of experience in the Information Technology Industry, REKHA SHUKLA has over 12 years of experience in the Information Technology Industry and RAHUL SHUKLA has over 7 years of experience in the field of law.

The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 9,481.01 Lakh, ₹ 8,826.52 Lakh and ₹ 8,661.49 Lakh. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 1,218.70 Lakh, ₹ 764.87 Lakh and ₹ 707.75 Lakh. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 549.63 Lakh, ₹ 373.59 Lakh and ₹ 335.02 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 4.86 and post-issue EPS of ₹ 3.67 for FY24. The pre-issue P/E ratio is 14.81x, while the post-issue P/E ratio is 19.60x against the Industry P/E ratio is 25x. The company's ROCE for FY24 is 47.68%, ROE for FY24 is 31.55% and RoNW is 31.55%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Globtier Infotech showing listing gains of 0.00 %.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Globtier Infotech Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.