Globe Civil Projects Limited IPO

Globe Civil Projects Limited IPO

Globe Civil Projects Limited is based in New Delhi, is an integrated EPC (Engineering, Procurement, and Construction) firm specializing in infrastructure development. It executes Transport & Logistics projects like roads, bridges, airport and railway terminals, as well as Social and Commercial projects including schools, sports facilities, and hospitals. Initially focused on educational institution buildings, the company has expanded into diverse infrastructure and non-infrastructure segments, taking on complex projects such as railway bridges, airport terminals, and housing developments.

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Price Band

₹67 - ₹71

Dates

24 Jun - 26 Jun

GMP

₹12 (16.90%)

Subscriptions

-

Issue Size

₹119.00 Crs

Globe Civil Projects IPO Key Dates
Opening Date

24 Jun 25

Closing Date

26 Jun 25

Basis Of Allotment

27 Jun 25

Initiations Of Refund

30 Jun 25

Credit Of Shares

30 Jun 25

Listing Date

01 Jul 25

Globe Civil Projects IPO Objects

  1. Funding working capital requirements of our Company
  2. Funding capital expenditure requirements towards purchase of equipment/machineries
  3. General corporate purposes.

Globe Civil Projects IPO Details
Price Band

₹67 - ₹71

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹119.00 Cr (1.68 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹119.00 Cr (1.68 Cr Shares)

Face Value

₹10 per equity share

Globe Civil Projects IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 211 14,981
Maximum 13 2,743 1,94,753
Small HNI
Minimum 14 2,954 2,09,734
Maximum 66 13,926 9,88,746
Big HNI
Minimum 67 14,137 10,03,727
Globe Civil Projects IPO GMP

The estimated Grey Market Premium of Globe Civil Projects IPO is ₹12 per share (16.90%)

Category Allocation
Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer
Globe Civil Projects IPO Financials

(Rs. in crores)

Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 254.66 332.16 233.35 285.71
Profit after Tax 17.79 15.38 4.85 5.20
Net Worth 99.83 77.67 62.44 57.45
Total Borrowing 137.97 124.48 97.00 70.76
Total Assets 374.60 317.83 275.04 229.79
NAV per share (in ₹) 23.24 18.10 14.55 13.39
EPS - Basic (in ₹) 4.14 3.58 1.13 1.21

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI KPI
EBITDA 13.44%
PAT 4.59%
ROE 21.95%
ROCE 23.07%
Debt to Equity 1.60
PE Ratio 19.83
PB Ratio 3.92
Mkt Cap (in Crs.) 424.00
  • All the data pertains to FY 2023-24.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.
Globe Civil Projects IPO Peer Comparision

(Rs. in crores)

Particulars Globe Civil Projects B L Kashyap and Sons Ceigall India PSP Projects Capacit’e Infraprojects Ahluwalia Contracts (India)
Revenue from Ops (in Crs.) 332.16 1,244.53 3,029.35 2,505.79 1,931.64 3,855.30
PAT (In Crs.) 15.38 52.53 304.31 122.97 120.33 374.83
EPS - Basic 3.58 2.33 19.37 34.16 16.09 55.95
NAV per share 18.10 22.02 57.68 222.50 179.30 238.84
RONW 19.80% 10.58% 33.57% 13.49% 7.93% 23.43%
EBITDA 13.44% 8.86% 17.09% 10.41% 17.21% 15.10%
PAT Margin 4.59% 4.18% 9.92% 4.88% 6.13% 9.63%
Price to earning (PE) 0.28 29.57 12.88 20.38 20.56 16.41
Debt to Equity 1.60 0.62 1.18 0.18 0.21 0.00
  • All information pertains to FY 2023-24.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 13, 2025 for Peers
Globe Civil Projects IPO Peer Comparision

(Rs. in crores)

Particulars Globe Civil Projects
Revenue from Ops (in Crs.) 332.16
PAT (In Crs.) 15.38
EPS - Basic 3.58
NAV per share 18.10
RONW 19.80%
EBITDA 13.44%
PAT Margin 4.59%
Price to earning (PE) 0.28
Debt to Equity 1.60
B L Kashyap and Sons Ceigall India PSP Projects Capacit’e Infraprojects Ahluwalia Contracts (India)
1,244.53 3,029.35 2,505.79 1,931.64 3,855.30
52.53 304.31 122.97 120.33 374.83
2.33 19.37 34.16 16.09 55.95
22.02 57.68 222.50 179.30 238.84
10.58% 33.57% 13.49% 7.93% 23.43%
8.86% 17.09% 10.41% 17.21% 15.10%
4.18% 9.92% 4.88% 6.13% 9.63%
29.57 12.88 20.38 20.56 16.41
0.62 1.18 0.18 0.21 0.00
  • All information pertains to FY 2023-24.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 13, 2025 for Peers
Promoter Details
Name Shareholding
Nipun Khurana 37.35%
Vipul Khurana 37.35%
Ved Khurana 13.44%
Total 88.14%
Management Details
Name Designation
Ved Prakash Khurana Chairman
Nipun Khurana MD
Raghav Aggarwal CFO
Company Details

Name : Globe Civil Projects Limited

Address: D-40, Okhla Industrial Area, Phase-I, New Delhi-110020, India

Number: +91 11 46561560

Email: cs@globecivilprojects.com

Website: www.globecivilprojects.com

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Globe Civil Projects IPO is a Mainboard IPO having an issue size of Rs. ₹119.00 Crs. Globe Civil Projects IPO is priced at ₹67 - ₹71 per share. The issue opens on 24 Jun 25 and closes on 26 Jun 25.

Globe Civil Projects IPO opens on 24 Jun 25 and closes on 26 Jun 25.

The estimated Grey Market Premium of Globe Civil Projects IPO is ₹12 per share (16.90%).

The minimum lot size of Globe Civil Projects IPO is 211 shares & the minimum application amount is Rs. 14981.

The allotment date of Globe Civil Projects IPO is 27 Jun 25.

The listing date of Globe Civil Projects IPO is 01 Jul 25.

Globe Civil Projects IPO is subscribed -.

Globe Civil Projects IPO is priced at ₹67 - ₹71 per share.

Click the allotment link on Globe Civil Projects IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Globe Civil Projects IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date