Globtier Infotech Ltd Share Price

History of Globtier Infotech Ltd

Globtier Infotech Limited was incorporated as 'Globtier Infotech Private Limited' dated March 31, 2012 with the Registrar of Companies, NCT of Delhi and Haryana. Further, Company was converted into Public Limited Company and a fresh Certificate of Incorporation upon conversion was issued by the Central Processing Centre on September 18, 2024. Globtier Infotech is a Managed IT and SAP Support Service provider, empowering businesses with IT solutions. The journey in the business of IT services began in 2004, when Rajiv Shukla, Company Promoter, started a proprietorship firm under the name M/s Globtier Infotech. Initially, the firm worked on application development, delivering solutions to meet clients' software needs. As the business grew, Rajiv Shukla envisioned a formal corporate struct ...ure, one that could support expansion and cater to more clients. This led to incorporation of Globtier Infotech Private Limited on March 31, 2012, creating a corporate entity that formed to acquire and takeover a going concern in the name and style of M/s Globtier Infotech, a Proprietorship Concern. As demand for specialized and managed IT services grew, Company diversified the products to include Managed IT Services, enhanced application support, and custom application development. Recognizing that technology was advancing rapidly, it upskilled the team in evolving technologies. This dedicated space allowed the team to research and develop tools, resulting in solutions with sophisticated IT support services. As part of client-centric approach, it developed a business model that emphasizes personalized, proactive engagement with client, aligning the services to their unique needs. In addition, Company has introduced cost-saving strategies for clients, such as process automation and streamlined resource management, designed to optimize efficiency. By embracing technology, Company develop solutions that meet evolving market demands, positioning ahead of competitors and attracting clients who seek dependable and inventive IT services. Digital transformation, cloud solutions, and cybersecurity allow Company to provide modern techniques. By integrating ongoing trends and practices, Company enhance user experiences and strengthen its position in the industry. The Company came up with its IPO by issuing 43,12,000 equity shares of Rs 10 each and raised Rs 31.05 crores, consisting a fresh issue of 38,11,200 equity shares aggregating to Rs 27.44 crores and the offer for sale of 5,00,800 equity shares aggregating to Rs 3.61 crores in August 2025.