Globesecure Technologies Ltd

About the Company:

Globesecure Technologies is a digital transformation company in India with a focus on cyber security.

Company has executed several cyber security transformation projects, infrastructure, and digital transformation projects for various institutions and also provide similar independent services to clients.

Company has wide range of offerings across multiple verticals, and possess capabilities spanning the digital lifecycle of services ranging from consultation, architecture, solution design, and implementation, to monitoring and providing managed services.

Company’s clients include banking companies, cooperative banks, financial services institutions, and stock exchanges.



Services offered by the Company:

  • Cyber Security.
  • Integrated Enterprise Solutions.
  • Managed Services.



Company’s Revenue from various Services: 



Management Team:

  1. Mr. Ragavan Rajkumar (Designation: Managing Director and Chairman)
  2. Mrs. Sonam Ragavan (Designation: Executive Director)





Objectives of the Issue:

Fresh Issue: (Rs.10.12 cr)

  • To part finance the Working Capital Requirements.
  • General Corporate Purposes.
  • To meet Issue Expenses.




Peer Group Comparison:

There are no comparable peer which is listed companies in India and which are engaged in the same line of business as Globesecure Technologies Ltd, hence comparison with industry peers are not applicable.



Financials of the Company:

(in Crores) FY 19 FY 20 FY 21 31st Dec 21
Revenue 10.42 19.24 19.22 11.16
Net Profit 0.61 0.11 1.00 1.11




IPO Details:

Details Info
Issue Opens on 23rd May 2022
Issue Closes on:. 25th May 2022
Issue Price Rs.29
Face Value Rs.10
Minimum Lot 4000
Minimum Investment Rs.1,16,000
Issue Constitutes 38.33%
Issue Size Rs.10.12 cr
Market Cap Rs.26.41 cr
Listing at NSE SME
Equity Shares Offered (Fresh) 34,92,000
Equity Shares Prior to the Issue 56,16,349
Equity Shares after the issue 91,08,349

Also Read : List of Upcoming IPO’s in India.
Also Read : List of Upcoming SME IPO’s in India.



Important Dates:

Finalization of Basis of Allotment on or Before 30th May 2022
Initiation of Refunds on or Before 31st May 2022
Credit of Equity Shares: on or Before 31st May 2022
Listing Date: on or Before 2nd June 2022



IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
2.01 14.43 13.55% 14.83



Company Contact Info:
Globesecure Technologies Ltd
C-321, 215 Atrium, M.V. Road Near Courtyard Marriott Hotel,
Andheri -East Mumbai – 400093,
Maharashtra, India.
Telephone: +91-22- 4002 2224
Email id:



IPO Registrar Info:
SEBI Registration No.: INR000003241
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Tel No: +91-11-40450193-97



Lead Manager to the Issue:
SEBI Registration No.INM000012500
B-502, Statesman House, 148, Barakhambha Road,
New Delhi – 110 001
Tel No.: +91-11-43029809