New Delhi, Aug. 25 -- The initial public offering (IPO) of IT and SAP support service provider company, Globtier Infotech, opened for public subscription on Monday, August 25. The SME IPO, which combines a fresh issue of 38,11,200 shares and an offer for sale (OFS) of 5,00,800 shares, will conclude on Thursday, August 28. Promoter Rekha Shukla is the selling shareholder who is offloading 5,00,800 shares, aggregating to Rs.3.61 crore.

By 2:55 PM on Monday, the issue had seen an overall subscription of 0.44 times, with the retail portion booked 0.55 times, and the segment reserved for NIIs subscribed to 0.34 times.

1. Globtier Infotech IPO GMP: According to market sources, the latest grey market premium (GMP) of Globtier Infotech shares w...