Globalspace Tech.
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Globalspace Technologies will convert a ₹12.64 crore loan it extended to subsidiary Miljon Mediapp into equity, increasing its holding to 99.83%. Miljon is a pharma-focused digital engagement platform with no current turnover but a net worth of about ₹32 lakh. The conversion, approved by the board on June 18, is expected to close by July 31.
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Globalspace Technologies will convert a ₹12.64 crore loan it extended to subsidiary Miljon Mediapp into equity, increasing its holding to 99.83%. Miljon is a pharma-focused digital engagement platform with no current turnover but a net worth of about ₹32 lakh. The conversion, approved by the board on June 18, is expected to close by July 31.
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March 8 (Reuters) - Globalspace Technologies Ltd GLOP.BO:
APPROVED ACQUISITION OF 51% STAKE OF INNOPHARM HEALTHCARE VIA SHARE SWAP
Source text for Eikon: ID:nBSE96qYfQ
Further company coverage: GLOP.BO
(([email protected];))
March 8 (Reuters) - Globalspace Technologies Ltd GLOP.BO:
APPROVED ACQUISITION OF 51% STAKE OF INNOPHARM HEALTHCARE VIA SHARE SWAP
Source text for Eikon: ID:nBSE96qYfQ
Further company coverage: GLOP.BO
(([email protected];))
Oct 30 (Reuters) - Globalspace Technologies Ltd GLOP.BO:
GLOBALSPACE TECHNOLOGIES - APPROVED RIGHTS ENTITLEMENT RATIO OF 2 SHARES FOR EVERY 1 EXISTING SHARES HELD
GLOBALSPACE TECHNOLOGIES LTD - APPROVED RIGHTS ISSUE PRICE OF 12 RUPEES PER SHARE
Source text for Eikon: ID:nBSE8FLDtr
Further company coverage: GLOP.BO
(([email protected];))
Oct 30 (Reuters) - Globalspace Technologies Ltd GLOP.BO:
GLOBALSPACE TECHNOLOGIES - APPROVED RIGHTS ENTITLEMENT RATIO OF 2 SHARES FOR EVERY 1 EXISTING SHARES HELD
GLOBALSPACE TECHNOLOGIES LTD - APPROVED RIGHTS ISSUE PRICE OF 12 RUPEES PER SHARE
Source text for Eikon: ID:nBSE8FLDtr
Further company coverage: GLOP.BO
(([email protected];))
May 10 (Reuters) - Globalspace Technologies Ltd GLOP.BO:
APPOINTED RAJESH CHORASIA AS CFO
TO RAISE FUNDS VIA ISSUANCE OF SHARES UP TO 280 MILLION RUPEES ON RIGHT ISSUE BASIS
Source text for Eikon: ID:nBSE9nZJRs
Further company coverage: GLOP.BO
(([email protected];))
May 10 (Reuters) - Globalspace Technologies Ltd GLOP.BO:
APPOINTED RAJESH CHORASIA AS CFO
TO RAISE FUNDS VIA ISSUANCE OF SHARES UP TO 280 MILLION RUPEES ON RIGHT ISSUE BASIS
Source text for Eikon: ID:nBSE9nZJRs
Further company coverage: GLOP.BO
(([email protected];))
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What does Globalspace Tech. do?
Global Space Technologies Limited (GSTL) offers customizable software & hardware solutions for enterprises in sectors like pharmaceutical, banking, insurance, and education to adopt digital technology and mobility.
Who are the competitors of Globalspace Tech.?
Globalspace Tech. major competitors are RS Software (India), Athena Global Tech., Delaplex, Cressanda Railway, Hiliks Technologies, CG-VAK Soft.&Exports, Cura Technologies. Market Cap of Globalspace Tech. is ₹84 Crs. While the median market cap of its peers are ₹84 Crs.
Is Globalspace Tech. financially stable compared to its competitors?
Globalspace Tech. seems to be less financially stable compared to its competitors. Altman Z score of Globalspace Tech. is 6.69 and is ranked 4 out of its 8 competitors.
Does Globalspace Tech. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Globalspace Tech. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Globalspace Tech. allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances
How strong is Globalspace Tech. balance sheet?
Balance sheet of Globalspace Tech. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Globalspace Tech. improving?
Yes, profit is increasing. The profit of Globalspace Tech. is ₹2.85 Crs for TTM, -₹2 Crs for Mar 2025 and -₹3.53 Crs for Mar 2024.
Is the debt of Globalspace Tech. increasing or decreasing?
The net debt of Globalspace Tech. is decreasing. Latest net debt of Globalspace Tech. is ₹3.14 Crs as of Mar-26. This is less than Mar-25 when it was ₹9.14 Crs.
Is Globalspace Tech. stock expensive?
Globalspace Tech. is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Globalspace Tech. is 27.83, while 3 year average PE is 42.78. Also latest EV/EBITDA of Globalspace Tech. is 20.19 while 3yr average is 15.44.
Has the share price of Globalspace Tech. grown faster than its competition?
Globalspace Tech. has given better returns compared to its competitors. Globalspace Tech. has grown at ~23.52% over the last 2yrs while peers have grown at a median rate of -27.91%
Is the promoter bullish about Globalspace Tech.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Globalspace Tech. is 55.84% and last quarter promoter holding is 55.84%.
Are mutual funds buying/selling Globalspace Tech.?
There is Insufficient data to gauge this.