Globe Civil Projects IPO Details
The key details of Globe Civil Projects’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹119.00 Cr |
| Price Range | ₹67 - ₹71 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 211 |
| Investment (cut-off price) | ₹14,981 |
| Pre IPO Promotor Holding | 88.14% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Globe Civil Projects IPO Timelines
The IPO process for Globe Civil Projects includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
24/06/2025
Start Date26/06/2025
End Date30/06/2025
Refund Initiation30/06/2025
Credit of Shares to Demat Ac01/07/2025
Listing DateGlobe Civil Projects IPO Lot Size
The Globe Civil Projects IPO has a fixed lot size of 211 shares, at an upper price band of ₹71 per share, requiring ₹14,981 per lot for retail investors. Retail investors can apply for a maximum of 2,743 shares worth ₹194,753. For Small HNI (S-HNI), the minimum application starts at 2,954 shares (₹209,734) up to 13,926 shares (₹988,746), while Big HNI (B-HNI) requires a minimum of 14,137 shares amounting to ₹1,003,727.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 211 | ₹14,981 |
| Retail Maximum | 13 | 2743 | ₹1,94,753 |
| S-HNI Minimum | 14 | 2954 | ₹2,09,734 |
| S-HNI Maximum | 66 | 13926 | ₹9,88,746 |
| B-HNI Minimum | 67 | 14137 | ₹10,03,727 |
Globe Civil Projects IPO Subscription Status
The subscription status for Globe Civil Projects IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 82.13x | 143.14x | 53.67x | -- | 80.97x |
IPO Performance on Listing Day
On the listing day (July 1, 2025), Globe Civil Projects made a strong debut on the stock exchange. The stock opened at ₹90, delivering a solid premium of 26.8% over its issue price of ₹71. Throughout the trading session, the stock showed positive momentum, climbing to a high of ₹94.50 while maintaining a low of ₹87. The shares concluded their first trading day at ₹94.46, securing an impressive gain of 33% over the issue price, reflecting strong investor confidence in this civil construction company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹90.00 | ₹94.46 | ₹94.50 | ₹87.00 |
Globe Civil Projects IPO Company Financials
Globe Civil Projects IPO reports robust performance in FY2024 with Total Income of ₹334.81 crores, managing expenses at ₹313.83 crores, and achieving a strong PAT (Profit After Tax) of ₹15.38 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹286.78 | ₹279.77 | ₹5.20 |
| FY 2023 | ₹235.17 | ₹228.43 | ₹4.85 |
| FY 2024 | ₹334.81 | ₹313.83 | ₹15.38 |
| FY 2025 (9 M) | ₹256.74 | ₹233.49 | ₹17.79 |
About Company
Incorporated in 2002 and headquartered in New Delhi, Globe Civil Projects Limited is a fully integrated Engineering, Procurement, and Construction (EPC) company. Over the years, it has established a strong presence across 11 Indian states, including Uttar Pradesh, Maharashtra, Karnataka, and Gujarat, among others. The company has successfully executed 37 projects and is currently working on 12 ongoing ones, five of which are in the social and commercial infrastructure segment.
As of August 31, 2024, Globe Civil Projects Limited holds an order book valued at ₹8,929.45 million, covering 14 projects across various sectors. These include six infrastructure-related social and commercial projects, three in transport and logistics, four non-infrastructure housing projects, and one commercial office project. The company employs 112 permanent staff, reinforcing its operational capabilities across multiple project types.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2002 | Engineering | Vipul Khurana |
Know Before Investing
Globe Civil Projects IPO Strengths
- The company has a proven track record of efficiently managing and executing complex infrastructure and non-infrastructure projects, consistently delivering on time and within budget.
- With an order book of approximately ₹941 crore as of August 2023 (and higher figures reported for later periods), Globe Civil Projects enjoys strong revenue visibility for the next two to three years.
- Globe Civil Projects has executed a wide range of projects, including transport and logistics, social and commercial infrastructure, and non-infrastructure projects such as housing and commercial offices.
- The company has built long-term relationships with government agencies and public sector undertakings, enhancing its credibility and business stability.
- As a registered Class-I contractor with the Central Public Works Department (CPWD), the company is eligible to bid for large-scale government projects, opening up significant growth opportunities.
- Globe Civil Projects has undertaken projects in 11 states across India, reducing regional concentration risk and demonstrating its ability to operate in diverse geographies.
Globe Civil Projects IPO Risks
- Revenues are heavily reliant on government tenders and public sector projects, making the business vulnerable to policy changes, budget cuts, or delayed payments.
- Civil projects require significant upfront investments in labor, materials, and equipment, which could strain liquidity and cash flow during execution.
- The construction sector faces intense competition, with price wars during bidding potentially squeezing margins and impacting profitability.
- Infrastructure projects are subject to complex environmental, safety, and land acquisition regulations. Non-compliance could lead to penalties or project halts.
- Unforeseen site conditions, delayed approvals, or labor shortages could extend project timelines, increasing costs and reducing profitability.
- A significant portion of revenue may come from a limited number of large clients, exposing the company to financial instability if contracts are terminated.
- Financial instability in global markets or domestic economic downturns could reduce infrastructure spending and affect order inflows.
Swot Analysis for Globe Civil Projects IPO
Strengths
Strong Order Book, Robust Financial Growth, Diversified Project Portfolio
Weaknesses
Regional Concentration, Rising Debt, Cyclical Dependency
Opportunities
Government Infrastructure Push, Geographic Expansion, Green Infrastructure Trends
Threats
Economic Slowdowns, Regulatory Hurdles, Execution Risks
Company Details
Globe Civil Projects Limited
D-40, Okhla Industrial Area, Phase-I, New Delhi-110020, India
Phone: +91 11 46561560
Email: cs@globecivilprojects.com
Website: http://www.globecivilprojects.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: gcpl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Globe Civil Projects IPO are:
- Funding working capital requirements of the Company.
- Capital expenditure towards purchase of construction equipments/ machineries.
- General corporate purposes.
Mefcom Capital Markets Limited is the book-running lead managers for the Globe Civil Projects IPO.
Globe Civil Projects has demonstrated strong growth potential, with a 42% revenue increase and a 217% surge in profit after tax in FY2024, reflecting robust operational performance. Healthy return ratios (ROE of 21.95% and ROCE of 23.07%) and improving margins indicate efficient capital utilization.
The issue price for the Globe Civil Projects IPO is set between ₹67 to ₹71 per share.
To invest in one lot of Globe Civil Projects IPO, you need ₹14,137 at the lower price band (₹67 per share) or ₹14,981 at the upper price band (₹71 per share) for a lot size of 211 shares.
Globe Civil Projects IPO shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on July 1, 2025.
Refund/unblocking of funds for Globe Civil Projects IPO will begin on June 30, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Globe Civil Projects IPO shares on listing day (July 1, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.