Globtier Infotech IPO Funds Fully Utilized

Company and Document Details

Key Quantitative Figures

The company raised ₹27.44 crore (2744.06 lakhs) through fresh public issue of 38,11,200 equity shares of face value ₹10 each at an offer price of ₹72 per share.

Breakdown of fund utilization as of March 31, 2026:

• Working capital requirements: ₹11.50 crore (1150.00 lakhs) - Fully utilized
• Repayment/Prepayment of certain loans: ₹8.30 crore (830.00 lakhs) - Fully utilized
• General corporate purpose: ₹4.09 crore (409.06 lakhs) - Fully utilized
• IPO issue expenses: ₹3.55 crore (355.00 lakhs) - Fully utilized

Total unutilized amount: NIL

Parties Involved

• Statutory Auditor: Sri Prakash & Co. (Firm Registration Number: 002058C)
• Signing partner: CA Kanupriya (Membership Number: 539219)
• Company representative: Rajiv Shukla, Chairman & Managing Director (DIN: 02653008)
• Stock exchange: BSE Limited (SME Platform)

Financial Impact

All IPO proceeds have been fully utilized as per the objects stated in the offer document. No unutilized funds remain as of March 31, 2026.