Globe Civil Projects Limited IPO

Globe Civil Projects Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹67 - ₹71

Total Issue

₹119.00 Cr

Bid Dates

24 Jun - 26 Jun

Subscription

86.04x

Est. GMP

₹24 (33.80%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Globe Civil Projects IPO
Category 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

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹119.00 Cr
Fresh Issue
₹119.00 Cr (1.68 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

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

Grey Market Premium

GMP ₹24
Est. Price ₹95
Est. Gain 33.80%

Globe Civil Projects IPO Peer Comparison

(Rs. in crores)

Globe Civil Projects IPO Peer Comparison Table
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) 19.83 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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Globe Civil Projects IPO
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

KPIs

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.

Shareholding

Promoter

88.14%

Public

11.86%

Nipun Khurana 37.35%
Vipul Khurana 37.35%
Ved Khurana 13.44%

Management

Ved Prakash Khurana Chairman
Nipun Khurana MD
Raghav Aggarwal CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Lead Managers (1)

Saffron Capital Saffron Capital

Subscription Status

Updated as on 26-Jun-2025 19:00:00

Mainboard Subscription Status for Globe Civil Projects IPO
Category Sub (x) Offered Bids
QIB 99.76 33,52,112 33,44,22,551
NII 143.15 25,14,084 35,98,88,774
bHNI 138.90 16,76,056 23,28,06,639
sHNI 151.64 8,38,028 12,70,82,135
Retail 53.72 58,66,196 31,51,49,389
Total 86.04 1,17,32,392 1,00,94,60,714

Frequently Asked Questions

What is Globe Civil Projects IPO?
Globe Civil Projects IPO is a Mainboard IPO having an issue size of ₹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.
When will Globe Civil Projects IPO open?
Globe Civil Projects IPO opens on 24 Jun 25 and closes on 26 Jun 25.
What is the GMP of Globe Civil Projects IPO?
The estimated Grey Market Premium of Globe Civil Projects IPO is ₹24 per share (33.80%).
What is the lot size of Globe Civil Projects IPO?
The minimum lot size of Globe Civil Projects IPO is 211 shares & the minimum application amount is Rs. 14981.
When is the allotment of Globe Civil Projects IPO?
The allotment date of Globe Civil Projects IPO is 27 Jun 25.
What is the listing date of Globe Civil Projects IPO?
The listing date of Globe Civil Projects IPO is 01 Jul 25.
What is the subscription of Globe Civil Projects IPO?
Globe Civil Projects IPO is subscribed 86.04 times.
What is the price band of Globe Civil Projects IPO?
Globe Civil Projects IPO is priced at ₹67 - ₹71 per share.
How to check allotment status of Globe Civil Projects IPO?
Click the allotment link on Globe Civil Projects IPO page of IPO360.
How to apply Globe Civil Projects IPO in Zerodha?
  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
How to apply Globe Civil Projects IPO in Groww?
  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
How to apply Globe Civil Projects IPO using ASBA?
  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