Globe Civil Projects IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 24 Jun 2025
Close Date
Thu, 26 Jun 2025
Price Band
₹ 67 – 71
Lot Size
211
Issue Size
₹ 119.00 Cr
Minimum Investment
₹ 14,981 (211 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Globe Civil Projects IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹119.00 Crore, comprising a fresh issue of 1.68 Crore equity shares aggregating to ₹119.00 Crore.
The Globe Civil Projects IPO remained open for subscription from June 24, 2025, to June 26, 2025. The basis of allotment was finalized on June 27, 2025, and the company's shares were listed on the NSE and BSE on July 01, 2025.
The company had fixed the price band at ₹67 to ₹71 per share, with a lot size of 211 shares. Retail investors were required to make a minimum investment of ₹14,981 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Mefcom Capital Markets Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Globe Civil Projects Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Globe Civil Projects IPO Timeline (Tentative)
- IPO Open Date
- Tue, 24 Jun 25
- IPO Close Date
- Thu, 26 Jun 25
- Basis of Allotment
- Fri, 27 Jun 25
- Initiation of Refunds
- Mon, 30 Jun 25
- Credit of Shares to Demat
- Mon, 30 Jun 25
- Listing Date
- Tue, 01 Jul 25 — NSE & BSE
Open Date
24 June 2025
Close Date
26 June 2025
Basis Of Allotment
27 June 2025
Listing Date
01 July 2025
IPO Subscription
Check Live Subscription →The Globe Civil Projects IPO has received bids for 1,00,94,60,714 shares against 1,17,32,392 shares offered, resulting in an overall subscription of 86.04x. the NII category is subscribed 143.15x, Retail Investors 53.72x, and QIBs 99.76x. Within the NII category, BNII is subscribed 138.9x, while SNII is subscribed 151.64x.
QIB
99.76x
NII
143.15x
BNII
138.9x
SNII
151.64x
RII
53.72x
Total
86.04x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 58,66,196 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 33,52,112 shares (0%), while Non-Institutional Investors (NIIs) receive 25,14,084 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 3,352,112 | 0% |
| Non-Institutional | 2,514,084 | 0% |
| BNII | 1,676,056 | 0% |
| SNII | 838,028 | 0% |
| Retail Investors | 5,866,196 | 0% |
| Total | 11,732,392 | 0% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Globe Civil Projects Limited KPI Information
| Particular | KPI As On |
|---|---|
| ROE % | 21.95 |
| ROCE % | 23.07 |
| Debt / Equity | 1.6 |
| RoNW % | 19.8 |
Peers Comparison
No Peer Comparision Available
About Globe Civil Projects Limited
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.
Globe Civil Projects IPO Promoters
- Ved Prakash Khurana
- Nipun Khurana
- Vipul Khurana
Promoters Holding
Holding Pre Issue
88.14%
Holding Post Issue
0.00%
Globe Civil Projects IPO Objective
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.
Globe Civil Projects Limited Address / Contact Details
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
Globe Civil Projects IPO Lot Size
The Globe Civil Projects IPO has a lot size of 211 shares. Retail investors require a minimum investment of ₹14,981 by applying for 1 lot (211 shares). The maximum application allowed for the retail category is 13 lots (2,743 shares), requiring an investment of ₹1,94,753.
| 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 |
Issue Reservation
Book Running Lead Managers
- Mefcom Capital Markets Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Globe Civil Projects IPO?
Globe Civil Projects IPO is a Book-building IPO with a total issue size of ₹119 crore. The Globe Civil Projects IPO price band is ₹67 to 71 per share. The Globe Civil Projects IPO subscription opens on Tue, Jun 24, 2025, and closes on Thu, Jun 26, 2025. The Globe Civil Projects IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Globe Civil Projects IPO.
When will the Globe Civil Projects IPO open for subscription?
The Globe Civil Projects IPO opens on Tue, Jun 24, 2025 and closes on Thu, Jun 26, 2025
What is Globe Civil Projects IPO Price Band?
Globe Civil Projects IPO Price Band is ₹67 to 71 per share.
What is Globe Civil Projects IPO Lot Size?
Globe Civil Projects IPO lot size is 211 shares, Retail investors need a minimum investment of ₹14981 based on the upper price band
What is the minimum investment for Globe Civil Projects IPO?
The minimum investment for Globe Civil Projects IPO is ₹14981, based on one lot of 211 shares at the upper price band of ₹71 per share.
How to apply for Globe Civil Projects IPO?
Investors can apply for the Globe Civil Projects IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jun 26, 2025. The application amount remains blocked until the Globe Civil Projects IPO allotment is finalized.
What is Globe Civil Projects IPO Issue Size?
Globe Civil Projects IPO issue size is ₹119 crores.
What is the Globe Civil Projects IPO Allotment Date?
Globe Civil Projects IPO allotment date is Fri, Jun 27, 2025.
Who is the Globe Civil Projects IPO Registrar?
The registrar for Globe Civil Projects IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Globe Civil Projects IPO allotment status, refund processing, and other IPO-related information.
What is the Globe Civil Projects IPO GMP?
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 38.03% over the issue price.
Who is the Globe Civil Projects IPO Lead Manager?
The book-running lead managers (BRLMs) for the Globe Civil Projects IPO are Mefcom Capital Markets Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Globe Civil Projects IPO Red Herring Prospectus (RHP).