Globe Civil Projects Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹67 - ₹71
- Lot size
- 211 shares
- Issue amount
- ₹119 cr
- Total subscription
- 86.04×
- Opens
- 24 Jun 2025
- Closes
- 26 Jun 2025
- Allotment
- 27 Jun 2025
- Listing
- 1 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 1,67,60,560 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,137
- Fresh issue
- ₹119 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,981
- Issue type
- Bookbuilding IPO
- Shares before issue
- 4,29,58,439
- Shares after issue
- 5,97,18,999
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 211 | ₹14,981 |
| sHNI | 14 | 2,954 | ₹2,09,734 |
| bHNI | 67 | 14,137 | ₹10,03,727 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 27,802 | 12,68,965 |
| HNIs(10L +) | 567 | 15,419 |
| HNIs (2-10L) | 284 | 41,191 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 23.8 | 2,374.4 |
| RETAIL | 41.65 | 2,237.56 |
| HNIs 2+ | 5.95 | 902.28 |
| HNIs 10+ | 11.9 | 1,652.93 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 4.14 | 3.58 | 1.13 |
| ROE | 18.08 | 21.95 | 8.09 |
| ROCE | 24.09 | 23.07 | 12.59 |
| RONW | 17.82 | 19.8 | 7.77 |
| PRE IPO(PE) | 0 | 19.83 | 0 |
| POST IPO(PE) | 17.88 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2002, Globe Civil Projects Limited is an Engineering, Procurement, and Construction (EPC) company based in New Delhi. The company has a strong presence across 11 Indian states, having successfully completed 37 projects in regions such as Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Uttarakhand, and Himachal Pradesh. Currently, the company is handling 12 ongoing projects, including five focused on social and commercial infrastructure. As of August 31, 2024, Globe Civil Projects has an order book valued at ₹8,929.45 million, consisting of 14 projects. These include six social and commercial infrastructure projects, three related to transport and logistics, four housing projects, and one commercial office project. The company operates with a team of 112 permanent employees, supporting its ongoing efforts in delivering quality construction and infrastructure solutions across various sectors.
Strengths
- Proven Execution Capability: Over 20 years of experience with 37 completed projects and 13 ongoing across corporate and government sectors.
- Strong Order Book & Credentials: Expanding order book ensures revenue visibility and strengthens eligibility for future projects.
- Seasoned Leadership Team: Promoters and directors with 19+ years of industry experience provide strategic direction and drive growth.
Risk factors
- Order Book Execution Risk: ₹6,691.02 million order book as of March 31, 2025, may face delays, cancellations, or client defaults impacting revenue and cash flow.
- Raw Material Volatility: Dependence on third-party suppliers exposes the business to supply disruptions and price fluctuations.
- Statutory Payment Risk: Delays or defaults in statutory dues could lead to penalties, legal issues, and compliance setbacks.
Promoters
Ved Prakash Khurana
Nipun Khurana
Vipul Khurana
Registrar & documents
Lead manager
Mefcom Capital Markets Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
D-40, Okhla Industrial Area Phase-I Delhi, New Delhi, 110020
+91 11 46561560
[email protected]Company website ↗Understanding GLOBECIVIL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.