Description

BSE announces the listing of 15,121,200 equity shares of Globtier Infotech Limited with various lock-in periods.

Summary

BSE has listed 15,121,200 equity shares of Globtier Infotech Limited across six different tranches with varying lock-in periods. The shares are fully paid and held in demat form, with lock-in periods ranging from September 2026 to September 2028.

Key Points

  • Total shares listed: 15,121,200 equity shares
  • All shares are fully paid and in demat form
  • Six different tranches with distinctive number ranges
  • Lock-in periods vary from 1 to 3 years
  • Includes both fresh issue and OFS (Offer for Sale) components

Share Details

Tranche Breakdown:

  • 3,852,100 shares: Lock-in until September 10, 2026
  • 3,849,100 shares: Lock-in until September 10, 2027
  • 3,096,000 shares: Lock-in until September 10, 2028
  • 12,000 shares: Lock-in until September 10, 2026
  • 500,800 shares: Fresh issue under OFS
  • 3,811,200 shares: Free shares from Fresh IPO

Important Dates

  • Lock-in Expiry Dates:
    • September 10, 2026: 3,864,100 shares
    • September 10, 2027: 3,849,100 shares
    • September 10, 2028: 3,096,000 shares

Impact Assessment

The listing introduces a significant number of shares to the market with staggered lock-in periods. The varied lock-in dates will create periodic increases in tradeable float, potentially affecting share price volatility as lock-in periods expire over the next three years.

Impact Justification

New listing with significant share count and multiple lock-in periods affecting trading liquidity