{"id":9433,"date":"2025-06-20T11:24:11","date_gmt":"2025-06-20T05:54:11","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=9433"},"modified":"2025-06-20T11:24:11","modified_gmt":"2025-06-20T05:54:11","slug":"globe-civil-projects-limited-ipo-opens","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/globe-civil-projects-limited-ipo-opens\/","title":{"rendered":"Globe Civil Projects Limited IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]After a strong wave of IPOs in India\u2019s capital markets, Globe Civil Projects Ltd is set to make its debut with a \u20b9119 crore public issue opening on June 24, 2025. With a legacy spanning over two decades in executing large-scale public infrastructure projects, the company has built a solid track record in social and commercial buildings, transport and logistics infrastructure, and housing developments. As India continues to prioritise infrastructure growth, Globe Civil is stepping forward to capitalise on the momentum. Backed by a history of government contracts and a reputation for on-time delivery, Globe Civil\u2019s IPO has sparked interest among both institutional and retail investors.<\/span><\/p>\n

Here\u2019s a look at the key details of the <\/span>Globe Civil Projects IPO<\/span><\/a>, the company\u2019s background, financials, and industry outlook.<\/span><\/p>\n

<\/span>About Globe Civil Projects Limited<\/b><\/span><\/h2>\n

Established in 2002 and headquartered in New Delhi, Globe Civil Projects Ltd. is an engineering, procurement, and construction (EPC) company specialising in infrastructure development.<\/span><\/p>\n

The company operates across India, undertaking projects in transport and logistics, social and commercial infrastructure, and residential buildings. Over the last two decades, Globe Civil Projects has successfully completed 37 projects and currently has 12 ongoing projects, including roads, housing, and commercial buildings. The company is a Class-I contractor registered with the Central Public Works Department (CPWD), enabling it to participate in government tenders.\u00a0<\/span><\/p>\n

Globe Civil Projects reported a revenue of \u20b9334.81 crore and a profit after tax of \u20b915.38 crore for the financial year ending March 2024, reflecting consistent growth and expanding its footprint in India\u2019s infrastructure sector.<\/span><\/p>\n

<\/span>Globe Civil Projects Ltd. IPO Details<\/b><\/span><\/h2>\n

The Globe Civil Projects Ltd. IPO aims to raise funds through a 100% fresh issue of 119 crore equity shares, with no Offer for Sale, for listing on the BSE and NSE. The issue opens on June 24, 2025 and closes on June 26, 2025.<\/span><\/p>\n

<\/span>Important IPO Timeline<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDate<\/b><\/td>\n<\/tr>\n
IPO Open Date<\/b><\/td>\n Jun 24, 2025<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/b><\/td>\nJun 26, 2025<\/span><\/td>\n<\/tr>\n
Allotment Date<\/b><\/td>\nJun 27, 2025<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/b><\/td>\nJun 30, 2025<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/b><\/td>\nJun 30, 2025<\/span><\/td>\n<\/tr>\n
Listing Date (Tentative)<\/b><\/td>\n Jul 1, 2025<\/span><\/td>\n<\/tr>\n
UPI Mandate Cut-off<\/b><\/td>\n5 PM on June 26, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details<\/b><\/span><\/h2>\n

Here is the table on the Globe Civil Projects Ltd. IPO Review:<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Particulars<\/b><\/p>\n<\/td>\n

Details<\/b><\/td>\n<\/tr>\n
Face Value<\/b><\/td>\n\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u20b910 per share<\/span><\/td>\n<\/tr>\n
Issue Price Band<\/b><\/td>\n\u00a0 \u00a0 \u00a0 \u00a0 \u20b967 to \u20b971 per share<\/span><\/td>\n<\/tr>\n
Lot Size<\/b><\/td>\n\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0211 Shares<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/b><\/td>\n\n

\u00a0 \u00a0 \u00a0 \u00a0 1,67,60,560 shares<\/span><\/p>\n

(aggregating up to \u20b9119.00 Cr)<\/span><\/td>\n<\/tr>\n

Fresh Issue<\/b><\/td>\n\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a01,67,60,560 shares<\/span><\/p>\n

(aggregating up to \u20b9119.00 Cr)<\/span><\/td>\n<\/tr>\n

Issue Type<\/b><\/td>\n\u00a0 \u00a0 \u00a0 \u00a0 \u00a0Bookbuilding IPO<\/span><\/td>\n<\/tr>\n
Listing at<\/b><\/td>\n \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 BSE, NSE<\/span><\/td>\n<\/tr>\n
Shareholding (Pre-Issue)<\/b><\/td>\n\u00a0 \u00a0 \u00a0 \u00a0 4,29,58,439 shares<\/span><\/td>\n<\/tr>\n
Shareholding (Post-Issue)<\/b><\/td>\n\n

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a05,97,18,999 shares<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Lot Size of Globe Civil Projects Ltd. IPO<\/b><\/span><\/h2>\n

Here is the table of lot sizes for each category of investors:<\/span><\/p>\n\n\n\n\n\n\n\n\n
Application Type<\/b><\/td>\nLots<\/b><\/td>\nShares<\/b><\/td>\nAmount (at upper price band)<\/b><\/td>\n<\/tr>\n
Retail (Min)<\/span><\/td>\n1<\/span><\/td>\n211<\/span><\/td>\n\u20b914,981<\/span><\/td>\n<\/tr>\n
Retail (Max)<\/span><\/td>\n13<\/span><\/td>\n2743<\/span><\/td>\n\u20b91,94,753<\/span><\/td>\n<\/tr>\n
S-HNI (Min)<\/span><\/td>\n14<\/span><\/td>\n2,954<\/span><\/td>\n\u20b92,09,734<\/span><\/td>\n<\/tr>\n
S-HNI (Max)<\/span><\/td>\n66<\/span><\/td>\n13,926<\/span><\/td>\n\u20b99,88,746<\/span><\/td>\n<\/tr>\n
B-HNI (Min)<\/span><\/td>\n67<\/span><\/td>\n14,137<\/span><\/td>\n\u20b910,03,727<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Globe Civil Projects Ltd. Financials<\/b><\/span><\/h2>\n

The IPO values Globe Civil Projects Ltd.’s market capitalisation at \u20b9424 crore. This valuation is based on the upper end of its IPO price band. Having successfully executed 37 projects across 11 states in India, the company demonstrates a notable operational scale and expanding project footprint.<\/span><\/p>\n

As of March 31, 2024, the company’s financial indicators include:<\/span><\/p>\n

<\/span>Key Performance Indicators (as of Mar 31, 2024)<\/b><\/span><\/h2>\n