Globe Civil Projects IPO Date, Review, Price, Allotment Details

Globe Civil Projects IPO open date is June 24, 2025 and the IPO will close on June 26, 2025. Globe Civil Projects IPO is a Book Build Issue. The company to raise around ₹119 crores via IPO that comprises fresh issue of ₹119 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Globe Civil Projects IPO price band is ₹67 to ₹71 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Globe Civil Projects IPO to list on BSE, NSE on July 1, 2025. The allotment of Globe Civil Projects IPO date is June 27, 2025.

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. As per the financials the IPO investors should apply the IPO for a long term.

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

What is Globe Civil Projects IPO?

Globe Civil Projects IPO is a Mainboard IPO. The company is going to raise ₹119 Crores via IPO. The issue is priced at ₹67 to ₹71 per equity share. The IPO is to be listed on BSE & NSE.

When Globe Civil Projects IPO will open for subscription?

The IPO is to open on June 24, 2025 for QIB, NII, and Retail Investors. The IPO will close on June 26, 2025.

What is Globe Civil Projects IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Globe Civil Projects IPO?

You can apply for Globe Civil Projects IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Globe Civil Projects IPO Issue Size?

Globe Civil Projects IPO issue size is ₹119 crores.

What is Globe Civil Projects IPO Price Band?

Globe Civil Projects IPO Price Band is ₹67 to ₹71.

What is Globe Civil Projects IPO Lot Size?

The minimum bid is 211 Shares with ₹14,981 amount.

What is the Globe Civil Projects IPO Allotment Date?

Globe Civil Projects IPO allotment date is June 27, 2025.

What is the Globe Civil Projects IPO Listing Date?

Globe Civil Projects IPO listing date is July 1, 2025. The IPO is to list on BSE & NSE.

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).
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One Response

  1. 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.

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