Globe Civil Projects Limited, a New Delhi–based EPC firm active in urban infrastructure and rail projects across 11 states, launched its ₹119 Cr mainboard IPO on June 24, 2025. Here’s a detailed guide for ipogyan.in readers.
📌 Globe Civil Projects IPO Highlights
- Price Band: ₹67–₹71 per share
- IPO Open: June 24, 2025
- IPO Close: June 26, 2025
- Lot Size: 211 shares (~₹14,981 at upper band) :contentReference[oaicite:1]{index=1}
- Issue Size: ₹119 Cr (entirely fresh issue of 1.68 Cr shares) :contentReference[oaicite:2]{index=2}
- Allotment Date: June 27, 2025
- Refund & Demat Credit: June 30, 2025 :contentReference[oaicite:3]{index=3}
- Expected Listing: July 1, 2025 on BSE & NSE :contentReference[oaicite:4]{index=4}
🏢 About Globe Civil Projects
Founded in 2002, Globe Civil Projects operates across 11 states including UP, Delhi, Maharashtra, Gujarat and Karnataka. They specialize in urban infrastructure (roads, bridges, flyovers, sewerage), social & commercial buildings, and railway/airport terminals :contentReference[oaicite:5]{index=5}.
📈 Financial Snapshot
| Period | Revenue (₹ Cr) | Profit (₹ Cr) |
|---|---|---|
| FY 2023‑24 (Apr‑Mar) | ₹334.8 | ₹15.4 |
| As of 31 Dec 2024 | ₹256.7 | ₹17.8 |
FY24 revenue stood at ₹334.8 Cr with a PAT of ₹15.4 Cr, and 9M FY25 shows growth momentum :contentReference[oaicite:6]{index=6}.
🔥 Globe Civil Projects IPO: Grey Market Premium (GMP)
GMP has hovered between ₹14–17 (+20–24%) during subscription, implying strong listing potential at ₹85–88 :contentReference[oaicite:7]{index=7}.
🎯 IPO Objectives
- ₹75 Cr – Working capital requirements
- ₹14 Cr – Capex for construction equipment
- Remainder – General corporate purposes :contentReference[oaicite:8]{index=8}
🔍 How to Check Allotment Status of Globe Civil IPO
- Visit the registrar's website (Kfin Technologies) or BSE/NSE allotment portal.
- Select “Globe Civil Projects IPO”.
- Enter PAN, application number, or Demat ID.
- Click “Submit” to view allotment status.
📲 How to Apply via Kite (Zerodha)
- Log in → Console → IPO section
- Select “Globe Civil Projects IPO”
- Enter UPI ID, 211 shares, bid at the upper cut-off ₹71
- Submit and approve the UPI mandate
📱 How to Apply via Paytm Money
- Open Paytm Money → IPO tab
- Select the IPO
- Enter lots, price ₹71, and UPI ID
- Submit and approve payment block
📈 How to Apply via Groww
- Login → IPO section
- Select Globe Civil Projects IPO
- Enter lot size, price, UPI ID
- Submit and approve UPI
📊 How to Apply via Upstox & Angel One
- Login → IPO section (or Discover in Upstox)
- Select the IPO
- Enter lot, cut-off price, UPI ID
- Submit & approve UPI
⭐ Tips to Improve IPO Allotment Chances
- Bid at cut-off price ₹71
- Apply for at least one lot (211 shares)
- Use multiple Demat accounts if eligible
- Approve UPI mandate early to avoid failures
- Apply earliest within subscription window
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Disclaimer: This article is for educational purposes only. Investing in IPOs involves market risks. Please consult your financial advisor before investing.
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