Bookbuilding IPO | ₹119 Cr | Listed at BSE, NSE | Tue, Jun 24, 2025 - Thu, Jun 26, 2025
Globe Civil Projects IPO is a book build issue of ₹119.00 crores. The issue is entirely a fresh issue of 1.68 crore shares of ₹119.00 crore.
Globe Civil Projects IPO bidding started from Jun 24, 2025 and ended on Jun 26, 2025. The allotment for Globe Civil Projects IPO was finalized on Jun 27, 2025. The shares got listed on BSE, NSE on Jul 1, 2025.
Globe Civil Projects IPO price band is set at ₹71 per share. The lot size for an application is 211. The minimum amount of investment required by an retail is ₹14,981 (211 shares) (based on upper price). The lot size investment for sNII is 14 lots (2,954 shares), amounting to ₹2,09,734, and for bNII, it is 67 lots (14,137 shares), amounting to ₹10,03,727.
Mefcom Capital Markets Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Globe Civil Projects IPO RHP for detailed Information.
IPO Open
Tue, Jun 24, 2025
IPO Close
Thu, Jun 26, 2025
Issue Price
₹71 per share
Market Cap (Pre-IPO)
₹424.00 Cr
| IPO Date | 24 to 26 Jun, 2025 |
| Listed on | Tue, Jul 1, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹67 to ₹71 |
| Issue Price | ₹71 per share |
| Lot Size | 211 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,67,60,560 shares (agg. up to ₹119 Cr) |
| Fresh Issue | 1,67,60,560 shares (agg. up to ₹119 Cr) |
| Share Holding Pre Issue | 4,29,58,439 shares |
| Share Holding Post Issue | 5,97,18,999 shares |
| BSE Script Code / NSE Symbol | 544424 / GLOBECIVIL |
| ISIN | INE0V3U01015 |
Globe Civil Projects IPO offers total 1,67,60,560 shares. Out of which 83,80,280 (50.00%) allocated to QIB, 33,52,112 (20.00%) allocated to QIB (Ex- Anchor), 25,14,084 (15.00%) allocated to NII 58,66,196 (35.00%) allocated to RII and 50,28,168 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 83,80,280 (50.00%) | NA |
| − Anchor Investor Shares Offered | 50,28,168 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 33,52,112 (20.00%) | NA |
| NII (HNI) Shares Offered | 25,14,084 (15.00%) | NA |
| − bNII > ₹10L | 16,76,056 (10.00%) | 567 |
| − sNII < ₹10L | 8,38,028 (5.00%) | 283 |
| Retail Shares Offered | 58,66,196 (35.00%) | 27,801 |
| Total Shares Offered | 1,67,60,560 (100.00%) |
Investors can bid for a minimum of 211 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 211 | ₹14,981 |
| Retail (Max) | 13 | 2,743 | ₹1,94,753 |
| S-HNI (Min) | 14 | 2,954 | ₹2,09,734 |
| S-HNI (Max) | 66 | 13,926 | ₹9,88,746 |
| B-HNI (Min) | 67 | 14,137 | ₹10,03,727 |
Globe Civil Projects IPO raises ₹35.70 crore from anchor investors. Globe Civil Projects IPO Anchor bid date is June 23, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jun 23, 2025 |
| Shares Offered | 50,28,168 |
| Anchor Portion (₹ Cr.) | 35.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Jul 26, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Sep 24, 2025 |
Incorporated in 2002, Globe Civil Projects Limited is an integrated Engineering, Procurement, and Construction (EPC) company headquartered in New Delhi.
The company has successfully executed projects across 11 states in India, including Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Uttarakhand, and Himachal Pradesh.
Globe Civil Projects Limited has completed 37 projects. Currently, the company is working on 12 ongoing projects, including five social and commercial projects.
As of August 31, 2024, the company's order book stands at ₹8,929.45 million, covering 14 projects:
Globe Civil Projects Limited has a team of 112 permanent employees as of August 31, 2024.
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 374.60 | 317.83 | 275.04 | 229.79 |
| Total Income | 256.74 | 334.81 | 235.17 | 286.78 |
| Profit After Tax | 17.79 | 15.38 | 4.85 | 5.20 |
| EBITDA | 39.30 | 44.65 | 20.80 | 22.91 |
| NET Worth | 99.83 | 77.67 | 62.44 | 57.45 |
| Reserves and Surplus | 56.87 | 75.19 | 59.97 | 54.98 |
| Total Borrowing | 137.97 | 124.48 | 97.00 | 70.76 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company. | 75.00 |
| 2 | Capital expenditure towards purchase of construction equipments/ machineries. | 14.26 |
| 3 | General corporate purposes. | 17.13 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 21.95% |
| ROCE | 23.07% |
| Debt/Equity | 1.60 |
| RoNW | 19.80% |
| PAT Margin | 4.59% |
| EBITDA Margin | 13.44% |
| Price to Book Value | 3.92 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.58 | 3.97 |
| P/E (x) | 19.83 | 17.88 |
| Promoter Holding | 88.14% | 63.43% |
| Market Cap | ₹424.00 Cr. |
The Globe Civil Projects IPO is subscribed 80.97 times on June 26, 2025 5:04:36 PM (Day 3). The public issue subscribed 53.67 times in the retail category, 82.13 times in the QIB category, and 143.14 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 82.13 | 33,52,112 | 27,53,07,736 |
| NII | 143.14 | 25,14,084 | 35,98,56,069 |
| bNII (bids above ₹10L) | 136.80 | 16,76,056 | 22,92,79,141 |
| sNII (bids below ₹10L) | 150.25 | 8,38,028 | 12,59,10,874 |
| Retail | 53.67 | 58,66,196 | 31,48,13,055 |
| Total | 80.97 | 1,17,32,392 | 94,99,76,860 |
Total Application : 15,75,415
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLM (including underwriting commissions, brokerage and selling commission) | 2.36 |
| 2 | Commission/ processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Issue. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 1.24 |
| 3 | Fees payable to the Registrar to the Issue | 0.31 |
| 4 | Fees payable to the Regulators including Stock Exchanges and other regulatory expenses | 0.34 |
| 5 | Fees payable to the other advisors to the Issue | 0.09 |
| 6 | Statutory Auditors, for issuing the Restated Consolidated Financial Information, for providing the statement of special direct and indirect tax benefits available to our Company and to our Shareholders, and to verify the details and provided certifications with respect to certain information included in the DRHP | 0.04 |
| 7 | Industry Report provider for preparing the industry report, commissioned and paid for by the Company | 0.04 |
| 8 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 1.58 |
| 9 | Printing and distribution of issue stationery | 0.35 |
| 10 | Advertising and PR expenses | 1.00 |
| 11 | Fee payable to legal counsels | 1.12 |
| 12 | Insurance in connection with the Issue | |
| 13 | Miscellaneous | 0.41 |
| 14 | Marketing and distribution expenses | 3.54 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹71.00 | ₹71.00 |
| Open | ₹91.10 | ₹90.00 |
| Low | ₹86.65 | ₹87.00 |
| High | ₹95.00 | ₹94.50 |
| Last Trade | ₹94.72 | ₹94.46 |
Lead Manager Reports
Globe Civil Projects IPO is a main-board IPO of 1,67,60,560 equity shares of the face value of ₹10 aggregating up to ₹119 Crores. The issue is priced at ₹71 per share. The minimum order quantity is 211.
The IPO opens on Tue, Jun 24, 2025, and closes on Thu, Jun 26, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Globe Civil Projects IPO using UPI as a payment gateway. Zerodha customers can apply in Globe Civil Projects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Globe Civil Projects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Globe Civil Projects IPO opens on Tue, Jun 24, 2025 and closes on Thu, Jun 26, 2025.
Globe Civil Projects IPO lot size is 211, and the minimum amount required for application is ₹14,981.
You can apply in Globe Civil Projects IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Globe Civil Projects IPO will be done on Friday, June 27, 2025, and the allotted shares will be credited to your demat account by Mon, Jun 30, 2025. Check the Globe Civil Projects IPO allotment status.
The Globe Civil Projects IPO listing date is on Tue, Jul 1, 2025.
