Globe Civil Projects IPO
Open MainLineCurrent GMP
₹27 (+38.03%)
Price Band
₹ 67 – 71
Lot Size
211
Issue Size
₹119 Cr
Minimum Investment
₹14981 (211 Shares)
Listing Date
01 July 2025
Subscription
86.04x
About the Company
Globe Civil Projects Limited is a New Delhi-based integrated engineering, procurement, and construction (EPC) company operating across 11 Indian states. The company specializes in infrastructure development, particularly in transport and logistics, social and commercial projects, and non-infrastructure segments such as commercial offices and housing.
Key Highlights:
- Core Expertise: Initially focused on constructing educational institution buildings and railway infrastructure, Globe Civil has since diversified into complex infrastructure projects like railway bridges, airport terminals, elevated railway terminals, and hospitals.
- Services Offered: The company provides a wide range of services, including MEP (Mechanical, Electrical, Plumbing), HVAC, architectural and structural work, firefighting, and fire alarm systems.
- Projects:
- Completed: 37 projects over two decades.
- Ongoing: 13 projects as of now, comprising:
- 5 Social and Commercial Infrastructure projects
- 3 Transport & Logistics projects
- 4 Residential Building projects
- 1 Office Building project
- Order Book: Valued at ₹6,691.02 million as of March 31, 2025.
- Certifications: Registered as a Class-1 Super Contractor with the Central Public Work Department (CPWD), Government of India. This status permits the company to bid for government projects up to ₹6,500 million and is valid for five years from November 24, 2022.
- Strategic Collaborations: Globe Civil has formed joint ventures with prominent firms to bolster its technical and financial qualifications for high-value project tenders.
In summary, Globe Civil Projects Limited is a steadily growing EPC firm with diversified infrastructure experience, strong credentials, government registration, and a robust project pipeline.
Promoters
- Ved Prakash Khurana
- Nipun Khurana
- Vipul Khurana
Promoters Holding
Holding Pre Issue
88.14%
Holding Post Issue
0.00%
Objects of the Issue
The Company Globe Civil Projects IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding working capital requirements of the Company.
- Capital expenditure towards purchase of construction equipments/ machineries.
- General corporate purposes.
Address / Contact Info
Globe Civil Projects Limited
D-40, Okhla Industrial Area
Phase-I, New Delhi-110020
Phone: +91 11 46561560
Email: cs@globecivilprojects.com
Website: http://www.globecivilprojects.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 24 June 2025
IPO Close Date
Thursday, 26 June 2025
Basis of Allotment
Friday, 27 June 2025
Initiation of Refunds
Monday, 30 June 2025
Credit of Shares to Demat
Monday, 30 June 2025
Listing Date
Tuesday, 01 July 2025 — NSE & BSE
Important Dates
Open Date
24 June 2025
Close Date
26 June 2025
Basis Of Allotment
27 June 2025
Listing Date
01 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 374.6 | 317.83 | 275.04 | 229.79 |
| Revenue | 256.74 | 334.81 | 235.17 | 286.78 |
| Profit After Tax | 17.79 | 15.38 | 4.85 | 5.2 |
| Net Worth | 99.83 | 77.67 | 62.44 | 57.45 |
| Reserve & Surplus | 0 | 75.19 | 59.97 | 54.98 |
| Total Borrowings | 137.97 | 124.48 | 97 | 70.76 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI As On |
|---|---|
| ROE % | 21.95 |
| ROCE % | 23.07 |
| Debt / Equity | 1.6 |
| RoNW % | 19.8 |
| PbW | 0 |
| Pat Margin % | 0 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 3352112 | 0 | 0 |
| Non-Institutional | 2514084 | 0 | 0 |
| BNII | 1676056 | 0 | 0 |
| SNII | 838028 | 0 | 0 |
| Retail Investors | 5866196 | 0 | 0 |
| Total | 11732392 | 0 | 0 |
Subscription Status ( Thu, 26 Jun 25 01:32 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 3352112 | 334422551 | 99.76x |
| Non-Institutional | 2514084 | 359888774 | 143.15x |
| BNII | 1676056 | 232806639 | 138.9x |
| SNII | 838028 | 127082135 | 151.64x |
| Retail Investors | 5866196 | 315149389 | 53.72x |
| Total | 11732392 | 1009460714 | 86.04x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 211 | 14,981.00 |
| Retail (Max) | 13 | 2,743 | 194,753.00 |
| S-HNI (Min) | 14 | 2,954 | 209,734.00 |
| S-HNI (Max) | 66 | 13,926 | 988,746.00 |
| B-HNI (Min) | 67 | 14,137 | 1,003,727.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Mefcom Capital Markets Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Globe Civil Projects IPO is a Book-building IPO worth ₹119 crores. The price band is ₹67 to 71 per share. The IPO opens on Tue, Jun 24, 2025 and closes on Thu, Jun 26, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Globe Civil Projects IPO opens on Tue, Jun 24, 2025 and closes on Thu, Jun 26, 2025
Globe Civil Projects IPO Price Band is ₹67 to 71.
Globe Civil Projects IPO lot size is 211, and the minimum amount required for application is ₹14981.
The minimum investment for Globe Civil Projects IPO is approximately ₹14981 based on the upper price band.
To apply for the Globe Civil Projects 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 Thu, Jun 26, 2025. After submission, funds are blocked until the basis of allotment of Globe Civil Projects IPO is finalised.
Globe Civil Projects IPO issue size is ₹119 crores.
Globe Civil Projects IPO allotment date is Sat, Jun 27, 2026.
The registrar for Globe Civil Projects IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Globe Civil Projects IPO through their official website or helpline.
The Globe Civil Projects IPO GMP (Grey Market Premium) is ₹27 as of Tue, Jul 1, 2025. Based on the upper price band of ₹71 per share, the estimated Globe Civil Projects IPO listing price is ₹98, indicating a potential listing gain of approximately 31% over the issue price.