Globalspace Technologies Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,440,000 (47%) | — | ₹950 Cr |
| Retail | — | 1,440,000 (47%) | — | ₹950 Cr |
| Market Maker | — | 154,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 3,034,000 (100%) | — | ₹20,024 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹132,000 |
| Retail (Max) | 13 | 26,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,844,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Expenditure on Research and Development – 4.51
- Advertising and sales promotion – 6.47
- Funding incremental working capital requirements – 5.06
- Funding incremental working capital requirements – 3.63
Company Overview
Incorporated in 2010, Global Space Technologies Ltd (GSTL) is a Software Product Platform Company with focus on Enterprise Mobility SaaS based solutions, providing integrated software & hardware product platforms and solutions to enable large and medium enterprises embrace mobility & digital technology for their business enhancement.
The Company provides domain specific mobility & digital technology products by leveraging contemporary web, mobile technology, big data, analytics & custom hardware to deliver customizable and configurable solutions to different industry verticals. GSTL launched its flagship product for pharmaceutical industry in the year 2011. Its technology platform has been constantly evolving and now includes industry solutions in Banking, Financial Services, Insurance and Education. The company has a considerable client list, which includes some of the reputed pharma companies, banking conglomerates & large education groups i.e. Cipla, Maruti, Ipca, BoI, SBI, Glenmark, Bajaj etc.