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NIS Management, Globtier Infotech shares make weak debut on BSE SME; here's how they have fared against issue price

Kamal Joshi
By Kamal Joshi

2 min read | Updated on September 02, 2025, 10:15 IST

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SUMMARY

Globtier Infotech IPO was a mix of a fresh issuance of shares aggregating to ₹27.44 crore and an offer for sale component of ₹3.61 crore by promoter Rekha Shukla.

The ₹60.01 crore NIS Management IPO consisted of a fresh issuance of shares worth ₹51.75 crore and an OFS aggregating to ₹8.26 crore. | Image: Shutterstock

The ₹60.01 crore NIS Management IPO consisted of a fresh issuance of shares worth ₹51.75 crore and an OFS aggregating to ₹8.26 crore. | Image: Shutterstock

The BSE SME issues of NIS Management and Globtier Infotech made their stock market debuts on Tuesday, September 2.

Both the stocks made weak listings on the SME platform of BSE (formerly Bombay Stock Exchange), Emerge.

Here's a look at how Globtier Infotech and NIS Management are listed on BSE SME.

Globtier Infotech share price

Shares of Globtier Infotech debuted at ₹57.6 apiece on the BSE SME platform Emerge, reflecting a discount of 20% against the issue price of ₹72.
The ₹31.05 crore IPO was subscribed 1.34 times during the three-day subscription window, according to Chittorgarh.

The initial share sale was a mix of a fresh issuance of shares aggregating to ₹27.44 crore and an offer for sale component of ₹3.61 crore by promoter Rekha Shukla.

The fresh issue proceeds are intended for working capital needs, general corporate purposes and debt repayment.

Globtier Infotech, a managed IT and SAP support service provider, helps businesses with information technology solutions. It offers services like IT FMS support, application development, digital transformation, application support, staff augmentation, infosee services and cloud solutions.

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NIS Management share price

Shares of NIS Management started trading at 108 per unit, down 2.70% from the issue price of ₹111 per share.

The initial share sale, which was subscribed 2.95 times, received bids for 1,15,15,200 shares compared to 39,00,000 shares on offer, according to the BSE data.

CategorySubscription Status
Qualified Institutional Buyers (QIBs)2.12 times
Non-Institutional Investors6.71 times
Individual Investors1.10 times
Total2.95 times

The ₹60.01 crore IPO consisted of a fresh issuance of shares worth ₹51.75 crore and an OFS aggregating to ₹8.26 crore. The price band was set at ₹105 to ₹111 per share.

The objectives of the issue were general corporate purposes and working capital requirements.

NIS Management provides integrated security and facility management services with an array of portfolios spanning security, housekeeping, integrated facility management, and skill development initiatives.

To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.