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Global Space Technologies Ltd IPO (Global Space IPO) Detail

Jul 26, 2017 - Jul 28, 2017

Incorporated in 2010, Global Space Technologies Ltd (GSTL) is a Software Product Platform Company with focus on Enterprise Mobility SaaS based solutions, providing integrated software & hardware product platforms and solutions to enable large and medium enterprises embrace mobility & digital technology for their business enhancement.

The Company provides domain specific mobility & digital technology products by leveraging contemporary web, mobile technology, big data, analytics & custom hardware to deliver customizable and configurable solutions to different industry verticals. GSTL launched its flagship product for pharmaceutical industry in the year 2011. Its technology platform has been constantly evolving and now includes industry solutions in Banking, Financial Services, Insurance and Education. The company has a considerable client list, which includes some of the reputed pharma companies, banking conglomerates & large education groups i.e. Cipla, Maruti, Ipca, BoI, SBI, Glenmark, Bajaj etc.

Company Promoters:

The Promoters of the company are:

1. Mr. Krishna Singh

Objects of the Issue:

The object of the issue are:

1. Expenditure on Research and Development;
2. Advertising and sales promotion;
3. Funding incremental working capital requirements;
4. General Corporate Purposes.

Issue Detail:

  »»  Issue Open: Jul 26, 2017 - Jul 28, 2017
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 3,034,000 Equity Shares of Rs 10 aggregating up to Rs 20.02 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 66 Per Equity Share
  »»  Market Lot: 2000 Shares
  »»  Minimum Order Quantity: 2000 Shares
  »»  Listing At: BSE SME

Global Space IPO Reviews:

  1. Global Space Technologies Ltd IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Number of Bids Received
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved01,517,0001,517,0003,034,000
Day 1 - Jul 26, 2017 17:00 IST0426000164000590000
Day 2 - Jul 27, 2017 17:00 IST07480005460001294000
Day 3 - Jul 28, 2017 17:00 IST0230200021880004490000

Global Space IPO Prospectus

Global Space IPO Rating

58
3.3
Rating:Rated 3.3 stars

Vote Here ...

Global Space IPO Listing Date

  •   ›  Listing Date: Monday, August 7, 2017
  •   ›  BSE Script Code: 540654
  •   ›  NSE Symbol:
  •   ›  Listing In: ‘M’ Group of Securities
  •   ›  ISIN: INE632W01016
  •   ›  Issue Price: Rs 66 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Global Space IPO News Alerts

  1. Monday, August 7, 2017 12:00:00 AM
    Global Space Technologies Ltd IPO - Listing
  2. Friday, July 28, 2017 12:00:00 AM
    Global Space Technologies Ltd IPO - Close
  3. Wednesday, July 26, 2017 12:00:00 AM
    Global Space Technologies Ltd IPO - Open

Company Contact Information

Global Space Technologies Ltd
Office No. 605, 6th floor, A-1, B-Wing,
Rupa Solitaire Bld Millennium Business Park
MIDC, Mahape, Navi Mumbai 400 710
Phone: +91 22 49452014
Fax: NA
Email: investors@globalspace.in
Website: http://www.globalspace.in

Global Space IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: globalspace.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Global Space IPO Lead Manager(s)

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Global Space IPO Review / Comments

avatar
29. Jon snow  Aug 8, 2017 8:01:16 PM IST I Like It. | Report Abuse Reply
Guys,
when is this getting listed ?
avatar
28. STOCKT  Aug 6, 2017 12:35:34 AM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
listing price 62 rs
avatar
28.1. NPT  Aug 6, 2017 12:06:04 PM IST I Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
It all depends on the Retail investors.
If they sell in panic there will be free fall in the price. Sometimes operators do this to purchase shares at lower price. But if the promoters are good they may not allow the price to fall much as it will affect their reputation. But there are a large number of cases where price has bounced back strongly and posted decent growth.
Therefore, if one has been allotted any and share, he/she should wait for a few days at least.
So all the best and have a decent listing tomorrow.
avatar
27. IPOADVICE  Aug 5, 2017 6:02:45 PM IST I Like It. 7 | Report Abuse Reply
i think its should be a listing on 75-80
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26. satheesh Kumar  Aug 5, 2017 2:04:33 PM IST I Like It. 6 | Report Abuse Reply
I believe there is a chance of listing +-5% from the issue price.Investor who have the patience to hold for 2-3 years,they can reap the benefit of this company.
avatar
25. Anomaly  Aug 3, 2017 3:56:30 PM IST I Like It. | Report Abuse Reply
Allotment is out. I got the shares. When is the listing date and what is the expectation? Also has anybody ever sold their SME ipo shares with ICICI direct? Is there any different process that we have to follow to sell these SME IPO shares?
avatar
25.4. NPT  Aug 3, 2017 10:04:56 PM IST I Like It. 4 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
You can sell/purchase sme shares just like other main line shares provided your service provider has thus facility in their etrade account. Otherwise you can sell through broker.
Yes, Shanti Overseas got listed in NSE SME, day''s high is 60, low is 40 and closing 42.55.
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25.5. snp  Aug 3, 2017 11:15:14 PM IST I Like It. | Report Abuse
icici direct does not allow trading directly on their online platform. you have to call them on phone and tell them to place order accordingly
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24. HARSHIT SHETH  Aug 3, 2017 6:50:06 PM IST I Like It. | Report Abuse Reply
PLEASE LET ME KNOW ALLOTMENT OUT OR NOT?

IF OUT PLEASE SHARE LINK
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23. manish Bhardwaj  Aug 3, 2017 4:34:22 PM IST I Like It. | Report Abuse Reply
Listing is on 7th aug 2017, i have called company and comfirmed.
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22. lohiya punit  Aug 2, 2017 1:07:20 PM IST I Like It. | Report Abuse Reply
Any idea when allotment will out
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21. STOCKT  Jul 28, 2017 8:05:24 PM IST I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
It''s financial are too bad to ask for such high price. Should list at discount . Not even worth looking at
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21.3. Karan shingala  Jul 29, 2017 4:37:58 PM IST I Like It. | Report Abuse
Hello sir what about trans wind once will we see this stock at 27 level or nt ?
or at which range can i buy this stock ?? now or later ?
avatar
21.4. STOCKT  Jul 30, 2017 11:01:22 AM IST I Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Not sure but if u r long term investors transwind is a good buy and will reward long term investors
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20. Suresh Prabhu  Jul 29, 2017 8:00:27 AM IST I Like It. 5 | Report Abuse Reply
Company worth tracking from medium term perspective
avatar
19. satish  Jul 28, 2017 3:25:48 PM IST I Like It. | Report Abuse Reply
(

As on 28-Jul-2017 15:15:00 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Total Issue Size      3780000
Total Bids Received      341910000
Total Bids Received at Cut-off Price      -
No. of times issue is subscribed      90.45
Graph Logic
avatar
19.1. A C PATEL  Jul 28, 2017 5:49:46 PM IST I Like It. 2 | Report Abuse
I THINK ISSUE IS SUBSCRIBED 1.48 TIMES AS PER BSE DATA
avatar
18. satish  Jul 28, 2017 3:25:30 PM IST I Like It. | Report Abuse Reply

(* indicates bids position and not necessarily the subscription to the issue– bids received on the Exchange platform only)

As on 28-Jul-2017 15:15:00 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Total Issue Size      3780000
Total Bids Received      341910000
Total Bids Received at Cut-off Price      -
No. of times issue is subscribed      90.45
Graph Logic
avatar
17. Rahul Tejwani  Jul 28, 2017 3:04:56 PM IST I Like It. 3 | Report Abuse Reply
Strongly Recommended ....all the previous SME IPOS have outperformed.
avatar
16. Raghuvursinh Jadeja  Jul 28, 2017 10:35:43 AM IST I Like It. | Report Abuse Reply
Should we apply globalspace tech or not is there any gmp
avatar
16.1. Suresh Prabhu  Jul 28, 2017 11:44:54 AM IST I Like It. 3 | Report Abuse
I have subscribed it.

So in my opinion, Its good to subscribe.
avatar
15. Suresh Prabhu  Jul 26, 2017 7:02:20 PM IST I Like It. 8 | Report Abuse Reply
The company is creating complete digital healthcare ecosystem which can create great value in medium to long term

The PE is 53.66, since no Indian peer is exactly comparable we checked the Global pears in the similar space, Veeva systems got listed at Nasdaq at a PE of 202

I think it''s wrong to compare this company with Indian IT services peers, it''s a SAAS based product company with IP, which can have much higher PE than what is expected by the company
Probably this would be first IP driven software product company in stock market

I have personally invested after doing all these due diligences
avatar
15.8. Nirmal Shah  Jul 27, 2017 10:31:07 PM IST I Like It. 1 | Report Abuse
What do you mean by "ip" here?
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15.9. Suresh Prabhu  Jul 28, 2017 11:43:50 AM IST I Like It. 1 | Report Abuse
Intellectual Property
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14. PrakashPatel  Jul 27, 2017 12:10:26 PM IST I Like It. | Report Abuse Reply
લિસ્ટિંગની તારીખ ક્યારે છે
આભાર
avatar
13. PrakashPatel  Jul 27, 2017 11:38:56 AM IST I Like It. | Report Abuse Reply
લઇ લો. બરાબર છે.
avatar
12. MASTER BLASTER  Jul 25, 2017 10:45:04 AM IST I Like It. | Report Abuse Reply
Hello Experts,
Please guide apply or avoid for listing gains.

Thanks n Regards
avatar
12.1. ConstrainedEPS  Jul 27, 2017 9:41:38 AM IST I Like It. 1 | Report Abuse
This is greedily priced ipo stay away ...
avatar
12.2. MASTER BLASTER  Jul 27, 2017 9:59:26 AM IST I Like It. | Report Abuse
Thanks....
avatar
11. ConstrainedEPS  Jul 27, 2017 9:42:23 AM IST I Like It. 2 | Report Abuse Reply
Avoid
avatar
10. Vinayak Pillai  Jul 26, 2017 7:43:16 PM IST I Like It. | Report Abuse Reply
Is there are other companies in healthcare technologies space in stock market
avatar
10.1. ConstrainedEPS  Jul 27, 2017 9:40:32 AM IST I Like It. 2 | Report Abuse
8K miles does the same in much bigger u.s healthcare market ...
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