Globe Civil Projects IPO subscription started on June 24, 2025 and will close on June 26, 2025, as per the schedule. The price band is set at ₹67 to ₹71 per share with a face value of ₹10.
Globe Civil Projects IPO Subscription Status
Globe Civil Projects IPO Subscribed over 15.26x on its second day till 5.00 PM on 25th June 2025.
- Globe Civil Projects IPO subscription QIB investors portion is 8.15 times, while NII subscribed 21.32 times and RII investors subscribed 16.73 times.
- The company has received bids for 17,90,65,150 shares against 1,17,32,392 shares on offer on the second day of subscription.
- Globe Civil Projects IPO subscribed over 15.26x on its second day.
- Globe Civil Projects IPO subscribed over 6.97x on its first day.
About Globe Civil Projects Company
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 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.
Globe Civil Projects IPO GMP:
Globe Civil Projects’ IPO GMP was ₹13 as of Wednesday, 25 June 2025. That indicates the IPO is trading at ₹84 with a ₹13 premium in the grey market against the issue price of ₹71.
