Globe Civil Projects IPO

Globe Civil Projects IPO Price Range is ₹67 - ₹71, with a minimum investment of ₹14,981 for 211 shares per lot.

Subscription Rate

86.04x

Minimum Investment

₹14,981

/ 211 shares

IPO Status

Closed

Price Band

₹67 - ₹71

Bidding Dates

Jun 24, 2025 - Jun 26, 2025

Issue Size

₹119.00 Cr

Lot Size

211 shares

Min Investment

₹14,981

Listing Exchange

NSE

Globe Civil Projects IPO Application Timeline

Open Date24 Jun 2025

Close Date26 Jun 2025

Allotment Date27 Jun 2025

Listing Date1 Jul 2025

IPO Subscription Status

IPO subscribed over

🚀 86.04x

This IPO has been subscribed by 53.723x in the retail category and 99.765x in the QIB category.

Subscription Rate

Total Subscription	86.04x
Retail Individual Investors	53.723x
Qualified Institutional Buyers	99.765x
Non Institutional Investors	143.149x
Name	Globe Civil Projects

Objectives of IPO

Funding Working Capital Requirements: The company proposes to utilise ₹75.00 crore from the Net Proceeds to meet its working capital needs. This will reduce reliance on short-term borrowings and support ongoing project execution.

Capital Expenditure: ₹14.25 crore will be allocated for the purchase of construction equipment and machinery, aimed at strengthening project execution capabilities.

General Corporate Purposes: The remaining proceeds will be used for general corporate purposes, in accordance with SEBI regulations, including operational expenses and business support activities.

How to Apply for Globe Civil Projects IPO on INDmoney

Download the INDmoney app and complete your KYC to open an account.

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

Select Globe Civil Projects IPO from the list of live IPOs.

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

Choose the number of lots and place your order via UPI.

Your funds will be blocked until the share allotment is finalized.

Financial Performance of Globe Civil Projects

*Value in ₹ crore

Details	FY22	FY23	FY24
Total Revenue	₹286.78	₹235.16	₹334.81
Total Assets	₹229.78	₹275.04	₹317.82
Total Profit	₹5.2	₹4.85	₹15.37

Listed Competitors of Globe Civil Projects

Ahluwalia Contracts India Limited

Ahluwalia Contracts is a long-standing construction company providing turnkey services in residential, commercial, healthcare, hospitality, and metro infrastructure. It serves both government and private sector clients.

Ceigall India Limited

Founded in 2002, Ceigall is an EPC company focused on road and transport infrastructure. It executes projects such as highways, flyovers, tunnels, bridges, and airport runways across 10 states. The company also handles HAM contracts and highway maintenance and is empaneled with agencies like DMRC.

PSP Projects Limited

Established in 2008, PSP Projects executes construction work across industrial, institutional, government, and residential sectors. It also operates a precast facility in Gujarat and manages select real estate projects in the U.S. through its subsidiaries.

Globe Civil Projects Shareholding Pattern

Promoters		88.14%
Name	Role	Stakeholding
Vipul Khurana	Promoter	37.35%
Nipun Khurana	Promoter	37.35%
Ved Prakash Khurana	Promoter	13.44%
Others	Public	11.86%

About Globe Civil Projects

The Company is an integrated engineering, procurement and construction (EPC) company headquartered in New Delhi. It is into execution and construction of infrastructure projects comprising of Transport & Logistics projects (which comprise of construction and/ or upgrades of roads and bridges, airport terminals and railway terminals) and Social and Commercial projects (which comprise of educational institutions, sports infrastructure and hospitals) and non-infrastructure projects comprising of commercial offices and housing. While its primary focus and strength had been deeply rooted in constructions of education institution buildings, it has diversified in undertaking specialized infrastructure and non-infrastructure projects, such as railway bridges, airport terminal, elevated railway terminal and railway bridges and hospitals.

Products & Services

Product	Construction
Known For	Engineering, Procurement, and Construction (EPC)
Top Products	Construction of educational institution buildings, railway terminals, railway bridges, roads, bridges, hospitals, sports infrastructure, residential housing, and commercial office buildings.

Frequently Asked Questions of Globe Civil Projects IPO

What is the size of the Globe Civil Projects IPO?

The size of the Globe Civil Projects IPO is ₹119 Cr.

What is the allotment date of the Globe Civil Projects IPO?

Globe Civil Projects IPO allotment date is Jun 27, 2025 (tentative).

What are the open and close dates of the Globe Civil Projects IPO?

The Globe Civil Projects IPO will open on Jun 24, 2025 and close on Jun 26, 2025

What is the lot size of Globe Civil Projects IPO?

The lot size for the Globe Civil Projects IPO is 211.

When will my Globe Civil Projects IPO order be placed?

Your Globe Civil Projects IPO order will be placed on Jun 24, 2025

Can we invest in Globe Civil Projects IPO?

Yes, once Globe Civil Projects IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Globe Civil Projects IPO?

The potential listing gains on the Globe Civil Projects IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Globe Civil Projects IPO?

'Pre-apply' for Globe Civil Projects IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

What is the issue size of the Globe Civil Projects Limited IPO?

The Globe Civil Projects IPO issue size is ₹119.00 crore, which includes only the fresh issue of approximately 1.67 crore equity shares.

Is Globe Civil Projects Limited profitable?

Globe Civil Projects reported a profit of Rs ₹15.38in FY25 with a net margin of 4.59%.

Who is the Chairman of Globe Civil Projects Limited?

Ved Prakash Khurana is the Chairman of Globe Civil Projects Limited.