Globe Civil Projects IPO
Globe Civil Projects IPO(GLOBECIVIL)
Overview
Globe Civil Projects IPO is a bookbuilding of ₹119.00 crores. The issue is entirely a fresh issue of 1.68 crore shares. Globe Civil Projects IPO bidding started from June 24, 2025 and ended on June 26, 2025. The allotment for the Globe Civil Projects IPO is expected to be finalized on Friday, June 27, 2025. Globe Civil Projects IPO will be list on BSE, NSE with a tentative listing date fixed as Tuesday, July 1, 2025. Globe Civil Projects IPO price band is set at ₹71 per share. The minimum lot size for an application is 211. The minimum amount of investment required by retail investors is ₹14,137. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹14,981. The minimum lot size investment for sNII is 14 lots (2,954 shares), amounting to ₹2,09,734, and for bNII, it is 67 lots (14,137 shares), amounting to ₹10,03,727. MEFCOM Capital Markets Limited is the book-running lead manager of the Globe Civil Projects IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Globe Civil Projects IPO RHP for detailed information.
Total Shares
1,67,60,560
Issue Size
₹119.00 Cr
Price Band
₹71 – ₹71
Lot Size
211 shares
Min. Investment
₹14,981
Max. Investment
₹1,94,753
Open Date
24 Jun, 2025
Close Date
26 Jun, 2025
Allotment
27 Jun, 2025
Listing
01 Jul, 2025
Max. Investment
₹1,94,753
Announced
24 Jun, 2025
Opening Date
24 Jun, 2025
Closing Date
26 Jun, 2025
Basis of Allotment
27 Jun, 2025
Initiation of Refunds
30 Jun, 2025
Credit of Shares
30 Jun, 2025
Listing Date
01 Jul, 2025
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About Globe Civil Projects IPO
Incorporated in 2002, Globe Civil Projects Limited is an integrated Engineering, Procurement, and Construction (EPC) company headquartered in New Delhi.
The company has successfully executed projects across 11 states in India, including Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Uttarakhand, and Himachal Pradesh.
Globe Civil Projects Limited has completed 37 projects. Currently, the company is working on 12 ongoing proj
Globe Civil Projects IPO Share Price
Issue Breakdown
Shareholding
Dilution: 39.0% increase in shares
Globe Civil Projects IPO Promoter
Globe Civil Projects IPO Financial Health
Globe Civil Projects IPO Lot Size
Investors can bid for a minimum of 211 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Max) | 66 | 13926 | ₹9,88,746 |
| B-HNI (Min) | 67 | 14137 | ₹10,03,727 |
| Retail (Min) | 1 | 211 | ₹14,981 |
| Retail (Max) | 13 | 2743 | ₹1,94,753 |
| S-HNI (Min) | 14 | 2954 | ₹2,09,734 |
(All values in CR)
Globe Civil Projects IPO Valuation
The market capitalization of Globe Civil Projects IPO is ₹424.00 Cr. KPI as of Sun, Mar 31, 2024.
| Metric | Value |
|---|---|
| Debt/Equity | 1.60 |
| EBITDA Margin | 13.44% |
| PAT Margin | 4.59% |
| Price to Book Value | 3.92 |
| ROCE | 23.07% |
| ROE | 21.95% |
| RoNW | 19.80% |
(All values in CR)
Globe Civil Projects IPO Strength & Risk
Globe Civil Projects IPO Strength:
Over 20 years of experience in civil construction and infrastructure projects
Completed 37 projects and managing 12 ongoing projects across 11 states
Strong order book of ₹892.95 crore as of August 31, 2024
FY24 revenue increased to ₹332 crore; net profit rose ~217% to ₹15.38 crore
Registered as a Class-I contractor with CPWD, eligible for high-value government contracts
Focus on government EPC contracts ensures stable project flow
High investor interest with strong IPO subscription and GMP
Globe Civil Projects IPO Risk:
Heavy dependence on government contracts; vulnerable to policy or budget changes
Working capital-intensive business with potential liquidity stress
Risks from joint venture performance and raw material price fluctuations
Project execution delays due to land, clearance, or logistical issues
Exposure to regulatory, environmental, and climatic risks affecting timelines and costs
Globe Civil Projects IPO Subscription
Globe Civil Projects IPO subscribed 80.55 times. The public issue subscribed 52.87 times in the retail category, 82.13 times in QIB, and 143.01 times in the NII category by June 26, 2025 4:39:35 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 50,28,168 | 50,28,168 | 35.7 |
| bNII (bids above ₹10L) | 136.80 | 16,76,056 | 22,92,79,141 | 1 |
| Non-Institutional Buyers | 143.01 | 25,14,084 | 35,95,51,596 | 2 |
| Qualified Institutions | 82.13 | 33,52,112 | 27,53,07,734 | 1 |
| Retail Investors | 52.87 | 58,66,196 | 31,01,45,313 | 2 |
| sNII (bids below ₹10L) | 149.88 | 8,38,028 | 12,56,06,401 | 891.81 |
| Total | 80.55 | 1,17,32,392 | 94,50,04,645 | 6 |
Globe Civil Projects IPO GMP
Globe Civil Projects IPO last GMP is ₹17, last updated Jun 26th 2025 03:59 PM. With the price band of 71.00, Globe Civil Projects IPO's estimated listing price is ₹88 (cap price + today's GMP).The expected percentage gain/loss per share is 23.94%. >> Globe Civil Projects IPO Retail Subject to Sauda: ₹2700 >> Globe Civil Projects IPO Small HNI Subject to Sauda: ₹37800 The lowest GMP is ₹0.00, while the highest GMP is ₹17.00.
Last updated 15 Jun, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 15 Jun, 2025 | 0 | ₹0 | - | ₹ (%) | - | 15 Jun, 2025 |
| 16 Jun, 2025 | 0 | ₹0▼ | - | ₹ (0.00%) | - | 16 Jun, 2025 |
| 17 Jun, 2025 | 71 | ₹7▼ | 1100/15400 | ₹78 (9.86%) | - | 17 Jun, 2025 |
| 18 Jun, 2025 | 71 | ₹9▼ | 1400/19600 | ₹80 (12.68%) | - | 18 Jun, 2025 |
| 19 Jun, 2025 | 71 | ₹11▼ | 1800/25200 | ₹82 (15.49%) | - | 19 Jun, 2025 |
| 20 Jun, 2025 | 71 | ₹13 | 2100/29400 | ₹84 (18.31%) | - | 20 Jun, 2025 |
| 21 Jun, 2025 | 71 | ₹13 | 2100/29400 | ₹84 (18.31%) | - | 21 Jun, 2025 |
| 22 Jun, 2025 | 71 | ₹13▼ | 2100/29400 | ₹84 (18.31%) | - | 22 Jun, 2025 |
| 23 Jun, 2025 | 71 | ₹15▲ | 2400/33600 | ₹86 (21.13%) | - | 23 Jun, 2025 |
| 24 Jun, 2025 | 71 | ₹12▼ | 1900/26600 | ₹83 (16.90%) | - | 24 Jun, 2025 |
| 25 Jun, 2025 | 71 | ₹15▼ | 2400/33600 | ₹86 (21.13%) | - | 25 Jun, 2025 |
| 26 Jun, 2025 | 71 | ₹17 | 2700/37800 | ₹88 (23.94%) | - | 26 Jun, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Globe Civil Projects IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Globe Civil Projects IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.
FAQs About Globe Civil Projects Ipo
Globe Civil Projects IPO will open on 24 Jun, 2025 and close on 26 Jun, 2025. Investors must apply within this period to participate.
The Globe Civil Projects IPO price band is set between ₹0.00 and ₹0.00 per share. The minimum lot size is 0, requiring an investment of at least ₹0.00.
The Globe Civil Projects IPO shares are expected to be listed on 01 Jul, 2025, subject to regulatory approvals and final allotment.
You can track your Globe Civil Projects IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Globe Civil Projects IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.