Globe Civil Projects IPO vs VMS TMT IPO

Comparison between Globe Civil Projects IPO and VMS TMT IPO.

IPO Details

Globe Civil Projects IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while VMS TMT IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Globe Civil Projects IPO is up to ₹119.00 Cr whereas the issue size of the VMS TMT IPO is up to ₹148.50 Cr. The final issue price of Globe Civil Projects IPO is ₹71.00 per share and of VMS TMT IPO is ₹99.00 per share.

 Globe Civil Projects IPOVMS TMT IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹67.00 per share₹94.00 per share
Issue Price (Upper)₹71.00 per share₹99.00 per share
Issue Price (Final)₹71.00 per share₹99.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size211 shares150 shares
Fresh Issue Size1,67,60,560 shares1,50,00,000 shares
Fresh Issue Size (Amount)up to ₹119.00 Crup to ₹148.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,67,60,560 shares1,50,00,000 shares
Issue Size Total (Amount)up to ₹119.00 Crup to ₹148.50 Cr

IPO Timetable

Globe Civil Projects IPO opens on Jun 24, 2025, while VMS TMT IPO opens on Sep 17, 2025. The closing date of Globe Civil Projects IPO and VMS TMT IPO is Jun 26, 2025, and Sep 19, 2025, respectively.

 Globe Civil Projects IPOVMS TMT IPO
Anchor Bid DateJun 23, 2025Sep 16, 2025
Issue OpenJun 24, 2025Sep 17, 2025
Issue CloseJun 26, 2025Sep 19, 2025
Basis Of Allotment (Tentative)Jun 27, 2025Sep 22, 2025
Initiation of Refunds (Tentative)Jun 30, 2025Sep 23, 2025
Credit of Share (Tentative)Jun 30, 2025Sep 23, 2025
Listing date (Tentative)Jul 01, 2025Sep 24, 2025
Anchor Lockin End date 1Jul 26, 2025Oct 21, 2025
Anchor Lockin End date 2Sep 24, 2025Dec 20, 2025

Financials & KPIs

Globe Civil Projects IPO P/E ratio is 19.83, as compared to VMS TMT IPO P/E ratio of 22.24.

 Globe Civil Projects IPOVMS TMT IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets374.60317.83275.04229.79
Total Income256.74334.81235.17286.78
Profit After Tax17.7915.384.855.20
EBITDA39.3044.6520.8022.91
NET Worth99.8377.6762.4457.45
Reserves and Surplus56.8775.1959.9754.98
Total Borrowing137.97124.4897.0070.76
Amount in ₹ Crore

Company Financials (Restated Consolidated)

VMS TMT Ltd.'s revenue decreased by 12% and profit after tax (PAT) rose by 14% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets449.35412.06284.23227.28
Total Income213.39771.41873.17882.06
Profit After Tax8.5815.4213.474.20
EBITDA19.4845.5341.2021.91
NET Worth81.7773.1946.5130.84
Reserves and Surplus47.1438.5633.1818.23
Total Borrowing309.18275.72197.86162.70
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.1496.28
Promoter Shareholding (Post-Issue)63.4367.19
P/E Ratio19.8322.24
Market Cap₹424.00 Cr.₹491.35 Cr.
ROE21.95%
ROCE23.07%12.79%
Debt/Equity1.603.77
EPS₹3.58₹4.45
RoNW19.80%20.14%

Shares Offered

In the Globe Civil Projects IPO Retail Individual Investors (RII) are offered 58,66,196 shares while in VMS TMT IPO retail investors are offered 58,66,196 shares. Qualified Institutional Buyers (QIB) are offered 33,52,112 shares in Globe Civil Projects IPO and 18,00,000 shares in VMS TMT IPO.

 Globe Civil Projects IPOVMS TMT IPO
Anchor Investor Reservation50,28,168 shares27,00,000 shares
Market Maker Reservation0 shares0 shares
QIB33,52,112 shares18,00,000 shares
NII25,14,084 shares30,00,000 shares
RII58,66,196 shares75,00,000 shares
Employee0 shares0 shares
Others
Total1,67,60,560 shares1,50,00,000 shares

Bids Received (Subscription)

Globe Civil Projects IPO subscribed 80.97x in total, whereas VMS TMT IPO subscribed 102.24x.

 Globe Civil Projects IPOVMS TMT IPO
QIB (times)82.13x120.80x
NII (times)143.14x227.08x
Big NII (times)136.80x243.91x
Small NII (times)150.25x193.46x
RII (times)53.67x47.85x
Employee (times)
Other (times)
Total (times)80.97x102.24x

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Globe Civil Projects IPO Vs VMS TMT IPO