Globtier Infotech utilizes full IPO proceeds by March 31, 2026
Published on: May 28, 2026, 7:01 p.m. | Source: scanx.trade
[Globtier Infotech](https://scanx.trade/company/globtier-infotech-ltd) has fully utilized the ₹2744.06 lakh proceeds raised through its Initial Public Offer (IPO) for the financial year ended March 31, 2026. The statutory auditor confirmed that the funds were deployed towards working capital, loan repayment, general corporate purposes, and issue expenses. The company raised the capital via a fresh issue of 38,11,200 equity shares at ₹72 per share.
