| ➡️ Get instant news updates on Whatsapp. Click here to join our Whatsapp Group. |
The Globe Civil Projects IPO will open for subscription on June 24, 2025, and will close on June 26, 2025. This is a book-built issue, and the company aims to raise approximately ₹119 crore through this public offering. The IPO includes a fresh issue of ₹119 crore, while the number of equity shares offered for sale (OFS) has not been disclosed yet. Each equity share carries a face value of ₹10.
The price band for the IPO has been set between ₹67 and ₹71 per share. In terms of quota allocation, 50% of the issue is reserved for Qualified Institutional Buyers (QIBs), 15% for High Net-worth Individuals (HNIs), and 35% for retail investors.
The IPO allotment date is expected to be June 27, 2025, and the shares are proposed to be listed on both the BSE and NSE on July 1, 2025.
Globe Civil Projects has shown strong financial growth. In the financial year 2024, the company reported a revenue of ₹334.81 crore, up from ₹235.17 crore in FY 2023. Its net profit also increased significantly to ₹15.38 crore in 2024, compared to ₹4.85 crore in 2023.
Globe Civil Projects IPO Key Information
- IPO Opening Date: June 24, 2025
- IPO Closing Date: June 26, 2025
- Face Value per Share: ₹10 per equity share
- Price Band: ₹67 to ₹71 per share
- Total Issue Size: Around ₹119 crores
- Fresh Issue Size: Around ₹119 crores
- Type of Issue: Book Built Issue
- Proposed Listing: BSE and NSE
- Retail Investors: Up to 35%
- Qualified Institutional Buyers (QIBs): Up to 50%
- Non-Institutional Investors (NIIs or HNIs): Up to 15%
- Draft Red Herring Prospectus (DRHP) – Click Here
- Red Herring Prospectus (RHP) – Click Here
Globe Civil Projects IPO Lot Size and Investment Details
The minimum market lot for the Globe Civil Projects IPO is 211 shares, which requires an investment of ₹14,981. Retail investors can apply for a maximum of 13 lots, which equals 2,743 shares with an investment of ₹1,94,753.
IPO Application Details:
| Investor Category | Lot Size | Total Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 1 | 211 | ₹14,981 |
| Retail Maximum | 13 | 2,743 | ₹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 Important Dates
- IPO Open Date: June 24, 2025
- IPO Close Date: June 26, 2025
- Allotment Date: June 27, 2025
- Refund Initiation: June 30, 2025
- Credit to Demat Accounts: June 30, 2025
- Listing Date on BSE & NSE: July 1, 2025
Promoters of Globe Civil Projects
The promoters of Globe Civil Projects Limited are:
- Ved Prakash Khurana
- Nipun Khurana
- Vipul Khurana
About Globe Civil Projects Limited
Founded in 2002, Globe Civil Projects Limited is an Engineering, Procurement, and Construction (EPC) company. It has successfully completed infrastructure projects across 11 Indian states including Delhi, Maharashtra, Karnataka, Gujarat, and Uttar Pradesh. The company works on a variety of projects such as:
- Transport and logistics infrastructure
- Social and commercial buildings
- MEP (Mechanical, Electrical, Plumbing) services
- HVAC, fire alarm, and firefighting systems
As of August 31, 2024, Globe Civil Projects has:
- Completed 37 projects
- Ongoing 12 projects
- 112 permanent employees
Globe Civil Projects Financial Report (₹ in Crores)
| Year | Revenue | Expenses | Net Profit | Assets |
|---|---|---|---|---|
| FY 2022 | ₹286.78 | ₹279.77 | ₹5.20 | ₹229.79 |
| FY 2023 | ₹235.17 | ₹228.43 | ₹4.85 | ₹275.04 |
| FY 2024 | ₹334.81 | ₹313.83 | ₹15.38 | ₹317.83 |
| Dec 2024 (9 months) | ₹256.74 | ₹233.49 | ₹17.79 | ₹374.60 |
Globe Civil Projects IPO Valuation – FY2024
| KPI | Value |
|---|---|
| ROE | 21.95% |
| ROCE | 23.07% |
| EBITDA Margin | 13.44% |
| PAT Margin | 4.59% |
| Debt-to-Equity Ratio | 1.60 |
| Earnings Per Share (EPS) | ₹3.58 (Basic) |
| Return on Net Worth (RoNW) | 19.80% |
| Net Asset Value (NAV) | ₹18.10 |
| P/E Ratio | Not Available |
Peer Comparison
| Company | EPS | PE Ratio | RoNW (%) | NAV | Revenue |
|---|---|---|---|---|---|
| B L Kashyap and Sons Ltd. | 2.33 | 45.65 | 10.58 | 22.02 | ₹1,256.77 Cr |
| Ceigall India Ltd. | 19.37 | 19.86 | 33.57 | 57.68 | ₹3,066.19 Cr |
| PSP Projects Ltd. | 34.16 | 20.65 | 13.49 | 222.50 | ₹2,530.01 Cr |
| Capacit’e Infraprojects Ltd. | 16.09 | 24.30 | 7.93 | 179.30 | ₹1,963.65 Cr |
| Ahluwalia Contracts (India) Ltd. | 55.95 | 20.73 | 23.43 | 238.84 | ₹3,891.94 Cr |
Use of IPO Funds
The funds raised through the IPO will be used for:
- Meeting working capital requirements
- Investing in new equipment and machinery
- General corporate purposes
Globe Civil Projects IPO – Frequently Asked Questions (FAQs)
Q1. What is the Globe Civil Projects IPO?
The Globe Civil Projects IPO is a Mainboard initial public offering (IPO) through which the company plans to raise ₹119 crore. The price band for the IPO is set between ₹67 to ₹71 per share, and the shares will be listed on both the BSE and NSE.
Q2. When will the Globe Civil Projects IPO open and close for subscription?
The IPO will open for subscription on June 24, 2025, and will close on June 26, 2025. It will be available for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs or HNIs), and Retail Investors.
Q3. What is the investor quota for the Globe Civil Projects IPO?
The IPO allocation is divided as follows:
- 50% for Qualified Institutional Buyers (QIBs)
- 15% for Non-Institutional Investors (NIIs)
- 35% for Retail Investors
How to Apply for Globe Civil Projects IPO?
You can apply for the Globe Civil Projects IPO through the ASBA (Application Supported by Blocked Amount) process using your bank’s net banking facility. Alternatively, you can apply online using UPI through your stock broker’s platform. If you prefer offline mode, you can also apply by filling out a physical IPO form through your broker.
- 1. What is the Issue Size of Globe Civil Projects IPO?
- The total issue size of the Globe Civil Projects IPO is ₹119 crores.
- 2. What is the Price Band of Globe Civil Projects IPO?
- The price band for the IPO has been fixed at ₹67 to ₹71 per share.
- 3. What is the Lot Size for Globe Civil Projects IPO?
- The minimum lot size is 211 shares, which means you need to invest a minimum of ₹14,981 to apply for one lot.
- 4. What is the Allotment Date of Globe Civil Projects IPO?
- The allotment of shares for the Globe Civil Projects IPO is expected to be finalized on June 27, 2025.
- 5. What is the Listing Date of Globe Civil Projects IPO?
- The shares of Globe Civil Projects are scheduled to be listed on the stock exchanges on July 1, 2025. The IPO will be listed on both BSE and NSE.
-
-
-
-
-
-
-
-
-
-
-
-
