Two companies are opening their IPOs in the primary market today. Both belong to the SME (Small and Medium Enterprises) segment. Let’s look at the details of these IPOs.
Globtier Infotech IPO
IPO Size: ₹31.05 crore
Issue Details: 38 lakh fresh shares + 5,000 shares through Offer for Sale (OFS)
IPO Dates: Open from today till 28th August
Price Band: ₹73 per share
Lot Size: One lot = 1,600 shares. Retail investors must apply for at least 2 lots (3,200 shares).
Company Info: Headquarters in Noida, Uttar Pradesh. Operates in the IT sector.
According to Investors Gain, the IPO is trading at a GMP (Grey Market Premium) of ₹17 today. This suggests a possible listing gain of around 23.61%.
NIS Management IPO
IPO Size: ₹60.01 crore
Issue Details: 47 lakh fresh shares + 70,000 shares through OFS
IPO Dates: Open from 25th August to 28th August
Price Band: ₹105 – ₹111 per share
Lot Size: One lot = 1,200 shares. Retail investors must apply for at least 2 lots (2,400 shares).
NIS Management’s IPO opened for anchor investors on 22nd August, where it raised ₹16.72 crore.
In the grey market today, this IPO is trading at a GMP of ₹7.
