The Globe Civil Projects IPO is creating quite a buzz among investors, and for good reason. Whether you’re a seasoned investor or a curious first-timer, this blog post is your one-stop shop for everything about the Globe Civil Projects IPO — from dates and price band to financials, GMP, review, and actionable insights.
Let’s break down the Globe Civil Projects IPO in a unique, engaging style — with timelines, charts, and expert commentary to help you make an informed decision.
Key Overview
🌏 Who is Globe Civil Projects?
Globe Civil Projects Limited is not your average construction company. As an integrated engineering, procurement, and construction (EPC) player, Globe Civil Projects has built a strong reputation across:
- Transport & Logistics Projects: Roads, bridges, and more
- Social & Commercial Projects: Hospitals, offices, housing
- Specialized Infrastructure: Railway bridges, airport terminals, elevated railway terminals
The company is also a Class-1 Super Contractor with the Central Public Works Department (CPWD), allowing it to bid for projects up to ₹650 crore. With a proven track record, a growing order book, and a highly experienced management team, Globe Civil Projects is poised for the next leap.
📅 IPO Timeline: Key Dates at a Glance
Let’s visualize the IPO journey so you never miss a beat:
IPO Event | Date |
---|---|
IPO Opens | 24th June 2025 |
IPO Closes | 26th June 2025 |
BASIS OF ALLOTMENT | 27th June 2025 |
Refunds Initiation | 30th June 2025 |
Credit of Shares to Demat | 30th June 2025 |
IPO Listing Date | 1st July 2025 |
💰 IPO Details: Price, Lot Size, and More
Here’s a quick snapshot of the IPO’s key financials:
- IPO Price Band: ₹67.00 – ₹71.00 per share
- Face Value: ₹10 per share
- Market Lot: 211 shares (Retail minimum investment: ₹14,981)
- IPO Issue Size: ₹119.00 crore (entirely fresh issue)
- Listing At: BSE, NSE
- Retail Quota: Not less than 35%
- Promoter Holding Pre-IPO: 88.14%
- Promoter Holding Post-IPO: 63.43%
💰 HNI Quota
- Small HNI (2-10 lakh): 2,954 shares (14 lots) – ₹2,09,734
- Big HNI (10+ lakh): 14,137 shares (67 lots) – ₹10,03,727
📈 Financial Performance: The Growth Story
Globe Civil Projects has shown consistent growth in revenue, profit, and assets. Let’s look at the numbers visually:
Financial Performance (₹ in Crore)
Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
---|---|---|---|---|
Assets | 374.60 | 317.83 | 275.04 | 229.79 |
Revenue | 256.74 | 334.81 | 235.17 | 286.78 |
Profit After Tax | 17.79 | 15.38 | 4.85 | 5.20 |
EBITDA | 39.30 | 44.65 | 20.80 | 22.91 |
Net Worth | 99.83 | 77.67 | 62.44 | 57.45 |
Total Borrowing | 137.97 | 124.48 | 97.00 | 70.76 |
🧐 Quick Analysis
- Revenue Growth: Noticeable jump from ₹235.17 crore (FY23) to ₹334.81 crore (FY24).
- Profit Surge: PAT more than tripled from FY23 to FY24.
- Assets & Net Worth: Consistent upward trend, indicating strong fundamentals.
🏗️ IPO Objectives: Where Will the Money Go?
Globe Civil Projects plans to use the IPO proceeds for:
- Working Capital: ₹75 crore
- Construction Equipment/Machinery: ₹14.26 crore
- General Corporate Purposes
This allocation signals a focus on scaling up operations and enhancing execution capabilities.
💡 Why Consider Globe Civil Projects IPO? (Strengths)
- Strong Project Management: Proven execution in complex infrastructure projects.
- Growing Order Book: Higher pre-qualification credentials ensure a steady pipeline.
- Consistent Financials: Solid revenue and profit growth.
- Experienced Leadership: Promoters and management with deep industry expertise.
📈 Grey Market Premium (GMP) & Investor Sentiment
As of the IPO week, the GMP (Grey Market Premium) for Globe Civil Projects is reportedly in the range of ₹10-₹15 per share, indicating positive investor sentiment. However, GMPs are unofficial and can be volatile — always use them as a reference, not a guarantee.
📋 How to Apply for Globe Civil Projects IPO
- Login to your broker’s platform (Zerodha, Upstox, Angel One, etc.)
- Select the IPO section
- Choose Globe Civil Projects IPO
- Enter your bid (price & quantity)
- Confirm and submit
🏆 Expert Review: Should You Invest?
Positives
- Sector Tailwinds: India’s infrastructure sector is booming, with government focus on roads, railways, and urban development.
- Order Book Visibility: Class-1 Super Contractor status with CPWD offers access to large, prestigious projects.
- Financial Growth: PAT and revenue have shown strong growth, indicating operational efficiency.
- Promoter Experience: Leadership with decades of industry experience.
Risks
- Sector Cyclicality: Infrastructure is sensitive to economic cycles and government spending.
- Execution Risk: Large projects can face delays and cost overruns.
- Borrowing: Rising borrowings, though manageable, need monitoring.
Verdict
If you’re looking for exposure to India’s infrastructure growth story and are comfortable with moderate risk, Globe Civil Projects IPO offers a compelling opportunity. The price band appears reasonable given the growth and sector prospects.
🏢 Company & IPO Contact Details
Globe Civil Projects Limited
D-40, Okhla Industrial Area, Phase-I, New Delhi-110020
Website | Phone: +91 11 46561560 | Email: [email protected]
IPO Registrar:
Kfin Technologies Limited
IPO Status | Phone: 04067162222
Lead Manager:
MEFCOM Capital Markets Limited
📌 Final Checklist: Globe Civil Projects IPO at a Glance
- IPO Dates: 24-26 June 2025
- Price Band: ₹67-₹71 per share
- Minimum Investment: ₹14,981 (211 shares)
- Listing: BSE, NSE
- GMP: ₹10-₹15 (as of IPO week)
- Sector: Infrastructure/EPC
🚦 Should You Apply?
Globe Civil Projects IPO is a strong contender for your portfolio if you believe in India’s infrastructure renaissance and want to ride the next growth wave. As always, assess your risk appetite, read the RHP, and consult your financial advisor.
❓ FAQs for Globe Civil Projects IPO
1. What are the IPO opening and closing dates for Globe Civil Projects?
2. What is the price band and lot size for the IPO?
3. On which exchanges will Globe Civil Projects IPO be listed?
4. What is the Grey Market Premium (GMP) for this IPO?
5. What will the company do with the IPO proceeds?
– Funding working capital requirements (₹75 crore)
– Purchasing construction equipment/machinery (₹14.26 crore)
– General corporate purposes
6. How has Globe Civil Projects performed financially in recent years?
– Revenue FY24: ₹334.81 crore
– PAT FY24: ₹15.38 crore
– Consistent increase in assets and net worth over the last four years.
7. Who are the lead manager and registrar for this IPO?
– Registrar: Kfin Technologies Limited
8. What is the minimum and maximum investment for retail and HNI investors?
– Small HNI: 2,954 shares (₹2,09,734)
– Big HNI: 14,137 shares (₹10,03,727)
9. When will the shares be allotted and listed?
– Credit to Demat: 30th June 2025
– Listing Date: 1st July 2025
10. How can I apply for Globe Civil Projects IPO?
Have questions or thoughts about Globe Civil Projects IPO? Drop them in the comments below!
Disclaimer: IPO investments are subject to market risks. This blog is for informational purposes only and does not constitute investment advice.
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