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Globe Textiles (India) IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 13.71 Cr. The company is based in Ahmedabad and caters to Textiles sector. Hem Securities is the merchant banker of Globe Textiles (India) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th April 2017.
Globe Textiles (India) IPO open date is 12th June 2017 and close date is 15th June 2017. IPO Allotment Date is 30th November -0001 and Listing date is 23rd June 2017.
IPO
Size:
₹ 13.71 Cr.
Avg IPO Size (Sector Based)
: ₹
15.87 cr.
Sector: Textiles
SME
IPO so far:
91
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
132
City:
Ahmedabad
SME
IPO so far:
182
Revenue (annualised):
₹
191.86
cr. 
PE
Ratio:
15.00x
Average Sector PE Ratio: 19.27x
Globe Textiles (India) IPO size is ₹ 13.71 Cr. with IPO price of ₹ 51.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Globe Textiles (India) IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Globe Textiles (India) IPO.
Globe Textiles (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Globe Textiles (India) IPO, based in Ahmedabad, operates in the Textiles sector with a focus on manufacturing of Garments cotton printed fabrics home textiles and fancy fabrics. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Globe Textiles (India) IPO size is ₹ 13.71 Cr. with fresh issue size of ₹ 7 and Offer for sale being ₹ 6.73 Cr.
The IPO allotment date for Globe Textiles (India) IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Globe Textiles (India) IPO allotment status on the registrars website, Bigshare Services Private Limited . Globe Textiles (India) IPO refund dates are 30th November -0001.
Globe Textiles (India) IPO is expected to be listed on 23rd June 2017.
The upper price band for the Globe Textiles (India) IPO is set at ₹ 51.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Globe Textiles (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Globe Textiles (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 15th June 2017. After submission, funds are blocked until the basis of allotment of Globe Textiles (India) IPO is finalised.
The merchant banker for Globe Textiles (India) IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Globe Textiles (India) IPO RHP for further details.
The registrar for Globe Textiles (India) IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Globe Textiles (India) IPO through their official website or helpline.
Globe Textiles (India) IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 13.71 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.87 Cr.
Sector: Textiles
SME
IPO so far:
91
Merchant Banker:
Hem Securities
SME
IPO by BRLM so far:
132
City:
Ahmedabad
SME
IPO so far:
182
Revenue (annualised):
₹ 190.42 cr.
PE
Ratio:
15.00x
Average Sector PE Ratio: 19.27x
Globe Textiles (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Globe Textiles (India) Financial Review Page
Merchant Banker(s) of Globe Textiles (India) IPO: Hem Securities Limited
Globe Textiles (India) IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Globe Textiles (India) IPO listed at a listing price of 50.15 against the offer price of 51.00.
The current market price of Globe Textiles (India) is 2.39.
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