Globe Civil Projects IPO: GMP, Price, Dates, Allotment, Listing & Key Details

Globe Civil Projects IPO is a highly-hyped share issue that will go to the public in June 24 2025. The IPO is not new to the grey market too with positive GMP (Grey Market Premium) being an indication of a successful listing in the bourses.
Here in this blog we discuss all details of Globe Civil Projects IPO i.e. it covers Globe Civil Projects IPO GMP, price band, lot size, subscription, company details, financials, allotment and listing schedule etc. In case you are thinking of investing, or you would like more details then continue reading.
โ Globe Civil Projects IPO Overview
๐ IPO Reservation & Investor Categories
The IPO allocation is structured to ensure balanced participation from various investor segments:
- Qualified Institutional Buyers (QIBs): 50% of the offer
- Non-Institutional Investors (NIIs): 15%
- Retail Individual Investors (RIIs): 35%
๐งฎ Retail Investment Details:
- Minimum Lot Size: 1 lot = 211 shares = โน14,981
- Maximum Lots: Up to 13 lots (โน194,753)
Globe civil Projects Ltd
Globe Civil Projects Ltd was initiated in 2002 and is an EPC (Engineering, Procurement and Construction) business based in New Delhi. The company carries out diverse kinds of infrastructural development such as:
Projects in transport & logistics
- Commercial infrastructure & social infrastructure
- Office usually serves commercial premises and residential accommodation
After completing more than 20 years in the business, the company has implemented several high value projects in India. It enjoys a wide range of products, coupled with a proven capability of the full scopes are good news in the EPC business.
๐ฐ Financial Performance (FY22โFY24)
Globe Civil Projects has shown consistent and impressive growth across key financial metrics:
The companyโs current order book stands at 2.0x of 9MFY25 annualized revenue, offering solid revenue visibility for the near term.
However, investors should be cautious of the Debt-to-Equity ratio, which stands at 1.4x as of December 2024, higher than industry peers. This indicates a relatively leveraged balance sheet.
๐ Globe Civil Projects IPO Allotment & Listing Timeline
๐ Use of IPO Proceeds
Globe Civil Projects plans to deploy the IPO funds for the following purposes:
- Working capital requirements
- Purchase of new construction equipment & machinery
- General corporate purposes
This capital infusion will help strengthen its execution capabilities and support future growth.
๐ FAQs โ Globe Civil Projects IPO
โ What is the Globe Civil Projects IPO price band?
The IPO price band is โน69 to โน71 per equity share.
โ What is the minimum lot size and investment?
The lot size is 211 shares, and the minimum investment is โน14,981 for retail investors.
โ When is the IPO opening and closing?
It opens on June 24 (Tuesday) and closes on June 26 (Thursday), 2025.
โ When will the shares be listed?
Shares are expected to be listed on NSE and BSE on July 1, 2025.