Globe Civil Projects IPO 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 Market Lot
The Globe Civil Projects IPO minimum market lot is 211 shares with ₹14,981 application amount. The retail investors can apply up-to 13 lots with 2743 shares of ₹1,94,753 amount.
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 Dates
The Globe Civil Projects IPO date is June 24 and the close date is June 26. The Globe Civil Projects IPO allotment will be finalized on June 27 and the IPO listing on July 1.
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 |
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. |
Objects of the Issue
- 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
- IPO Watch – May Apply
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Globe Civil Projects IPO Registrar
KFin
Technologies
Limited
Phone:
04067162222,
04079611000
Email: [email protected]
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: [email protected]
Website: http://www.globecivilprojects.com/
Globe Civil Projects IPO FAQs
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What is the Globe Civil Projects IPO Listing Date?
Note: The Globe Civil Projects IPO price band and date are officially announced. The (Globe Civil Projects IPO grey market premium) will be added to the IPO GMP page as it will start).
One Response
There is a running civil suit against promoter Ved Khurana and Vipul Khurana for a loan of INR 91,00,000 in Hanumangarh Court.
In spite of repeated requests not returning the LOAN of INR 45,50,000 TAKEN BY EACH VED KHURANA and VIPUL KHURANA , TOTALING INR 91,00,000 in 2022, WITH INTEREST.
They have not mentioned it with SEBI in their DRHP.