Globe Civil Projects IPO Details: The Globe Civil Projects IPO is scheduled to open on June 24, 2025, and will close on June 26, 2025. This is a book-built issue, with the company aiming to raise approximately ₹119 crores through a fresh issue of shares. An Offer for Sale (OFS) component is also included, though the number of shares under OFS is yet to be disclosed. Each equity share has a face value of ₹10.
The price band for the IPO has been set at ₹67 to ₹71 per share. The issue allocation is divided as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for High Net-worth Individuals (HNIs), and 35% for retail investors. The company’s shares are proposed to be listed on both BSE and NSE, with a tentative listing date of July 1, 2025. The basis of allotment is expected to be finalized by June 27, 2025.
In terms of financial performance, Globe Civil Projects reported a revenue of ₹334.81 crores in FY 2024, up from ₹235.17 crores in FY 2023. The company’s net profit also rose significantly to ₹15.38 crores in 2024, compared to ₹4.85 crores in the previous year. Based on its strong growth trajectory and financials, the IPO appears promising for long-term investors.
Globe Civil Projects IPO Objectives:
- Funding working capital requirements of our Company;
- Funding capital expenditure requirements towards purchase of equipment/ machineries; and
- General corporate purposes
Globe Civil Projects IPO Review (Apply or Not)
- Update soon
Globe Civil Projects IPO Date & Price Band Details:
| IPO Open Date: | June 24, 2025 |
| IPO Close Date: | June 26, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹67 to ₹71 Per Share |
| Issue Size: | Approx ₹119 Crores |
| Fresh Issue: | Approx ₹119 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Globe Civil Projects IPO Lot Size:
The minimum market lot for the Globe Civil Projects IPO is 211 shares, requiring an investment of ₹14,981 per lot. Retail investors can apply for up to 13 lots, which amounts to a total of 2,743 shares at an application value of ₹1,94,753.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 211 | ₹14,981 |
| Retail Maximum | 13 | 2743 | ₹1,94,753 |
| S-HNI Minimum | 14 | 2,954 | ₹2,09,734 |
| B-HNI Minimum | 67 | 14,137 | ₹10,03,727 |
Globe Civil Projects IPO Allotment & Listing Date (Details)
The Globe Civil Projects IPO will open for subscription on June 24, 2025, and close on June 26, 2025. The allotment of shares is expected to be finalized on June 27, 2025, with the company’s listing scheduled for July 1, 2025.
| IPO Open Date: | June 24, 2025 |
| IPO Close Date: | June 26, 2025 |
| Basis of Allotment: | June 27, 2025 |
| Refunds: | June 30, 2025 |
| Credit to Demat Account: | June 30, 2025 |
| IPO Listing Date: | July 1, 2025 |
Globe Civil Projects IPO GMP Today:
The latest GMP (Grey Market Premium) for the Globe Civil Projects IPO is ₹9. Based on the price band cap of ₹71 per share, the estimated listing price is around ₹80, indicating a potential listing gain of approximately 12.68% per share.
Promoters of Globe Civil Projects IPO
The promoters of the company are Ved Prakash Khurana, Nipun Khurana, and Vipul Khurana.
About Globe Civil Projects IPO
Founded in 2002, Globe Civil Projects Limited is an integrated Engineering, Procurement, and Construction (EPC) company that has effectively completed projects spanning 11 states in India, including Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Uttarakhand, and Himachal Pradesh. Globe Civil Projects is also involved in the execution and construction of infrastructure projects that consist of transport and logistics, social and commercial buildings, and non-infrastructure projects as well. Additionally, the company also offers various other offerings like mechanical, electrical, and plumbing (“MEP”), architectural and structural work, HVAC, firefighting, and fire alarm systems. According to the DRHP, Globe Civil Projects Ltd has completed 37 projects, 12 ongoing projects, 5 social and commercial infrastructure projects, 3 Transport and Logistics projects, and 1 office building project. As of August 31, 2024, the company includes a team of 112 permanent employees.
Globe Civil Projects IPO Company Financial Report
The company reported revenue of ₹334.81 crores in 2024 against ₹235.17 crore in 2023. The company reported profit of ₹15.38 crores in 2024 against profit of ₹4.85 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹286.78 | ₹279.77 | ₹5.20 | ₹229.79 |
| 2023 | ₹235.17 | ₹228.43 | ₹4.85 | ₹275.04 |
| 2024 | ₹334.81 | ₹313.83 | ₹15.38 | ₹317.83 |
| December 2024 | ₹256.74 | ₹233.49 | ₹17.79 | ₹374.60 |
Globe Civil Projects IPO Valuation – FY2024
Check Globe Civil Projects IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 21.95% |
| ROCE: | 23.07% |
| EBITDA Margin: | 13.44% |
| PAT Margin: | 4.59% |
| Debt to equity ratio: | 1.60 |
| Earning Per Share (EPS): | ₹3.58 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 19.80% |
| Net Asset Value (NAV): | ₹18.10 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| B L Kashyap and Sons Limited | 2.33 | 45.65 | 10.58 | 22.02 | 1,256.77 Cr. |
| Ceigall India Limited | 19.37 | 19.86 | 33.57 | 57.68 | 3,066.19 Cr. |
| PSP Projects Limited | 34.16 | 20.65 | 13.49 | 222.50 | 2,530.01 Cr. |
| Capacit’e Infraprojects Limited | 16.09 | 24.30 | 7.93 | 179.30 | 1,963.65 Cr. |
| Ahluwalia Contracts (India) Limited | 55.95 | 20.73 | 23.43 | 238.84 | 3,891.94 Cr. |
Globe Civil Projects IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: gcpl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Mefcom Capital Markets Ltd
Company Address
Globe Civil Projects Limited
D-40,
Okhla Industrial Area
Phase-I
Delhi, New Delhi, 110020
Phone: +91 11 46561560
Email: cs@globecivilprojects.com
Website: http://www.globecivilprojects.com/
Globe Civil Projects IPO – Frequently Asked Questions (FAQs)
What is the Globe Civil Projects IPO?
Globe Civil Projects IPO is a Mainboard public issue through which the company aims to raise ₹119 crores. The price band is set at ₹67 to ₹71 per equity share, and the IPO will be listed on both BSE and NSE.
When will the Globe Civil Projects IPO open for subscription?
The IPO will open on June 24, 2025, and close on June 26, 2025. It will be available for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
What is the investor quota for the Globe Civil Projects IPO?
The allocation is as follows:
- QIBs: 50%
- NIIs (HNIs): 15%
- Retail Investors: 35%
How can I apply for the Globe Civil Projects IPO?
You can apply through:
- ASBA via your bank’s net banking facility
- UPI using platforms provided by your stockbroker
- Offline by submitting a physical application form through your broker
What is the total issue size of the Globe Civil Projects IPO?
The total issue size is ₹119 crores, comprising a fresh issue of equity shares.
What is the price band for the Globe Civil Projects IPO?
The price band is fixed between ₹67 to ₹71 per share.
What is the minimum lot size for the IPO?
The minimum application size is 211 shares, requiring an investment of ₹14,981.
When will the allotment for the Globe Civil Projects IPO be finalized?
The allotment of shares is expected to be finalized on June 27, 2025.
What is the expected listing date for the IPO?
The IPO is expected to be listed on the stock exchanges (BSE and NSE) on July 1, 2025.
