Globe Civil Projects came to market through an IPO that opened on 24 June 2025 and closed on 26 June 2025, and the shares listed on 1 July 2025 on BSE, NSE. The price band was ₹67 to ₹71 per share and one lot was 211 shares, so the minimum application was ₹14,981. The issue size was ₹119 crore. The whole issue was fresh shares, so the money raised went to the company.
Kfin Technologies Limited was the registrar to the issue, and MEFCOM CAPITAL MARKETS LIMITED was the lead manager.
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Established in 2002, Globe Civil Projects Limited is a fully integrated Engineering, Procurement, and Construction (EPC) company with its headquarters located in New Delhi. It has successfully completed projects in 11 states in India, such as Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Uttarakhand, and Himachal Pradesh. Globe Civil Projects Limited has successfully completed 37 projects. Presently, the company has 12 ongoing projects, including five social and commercial projects.
As of August 31, 2024, the order book of the company is at ₹8,929.45 million, spanning 14 projects
As described in the offer document.
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Globe Civil Projects mobilises Rs 35.7 crore via anchor book ahead of IPO. Chanakya Opportunities Fund, Steptrade Revolution Fund, Lords Multigrowth Fund, and Compact Structure Fund are among six anchor investors.
Ved Prakash Khurana, Nipun Khurana, Vipul Khurana. Promoter holding 88.14% before the issue and 63.43% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Globe Civil Projects IPO was a ₹119 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹67–₹71 per share with a lot size of 211 shares (₹14,981). The IPO was open from June 24 to June 26, 2025. Shares listed on BSE and NSE on July 1, 2025 at ₹90, a 26.8% premium to the issue price of ₹71. Kfin Technologies Limited is the registrar. MEFCOM CAPITAL MARKETS LIMITED is the book running lead manager.
The price band of Globe Civil Projects IPO is ₹67 to ₹71 per share.
The lot size of Globe Civil Projects IPO is 211 shares.
The minimum investment for Globe Civil Projects IPO is approximately ₹14,981 based on the upper price band.
The allotment date of Globe Civil Projects IPO is Jun 27, 2025.
Globe Civil Projects IPO's final recorded GMP before listing was ₹25 per share (a 35% premium over the ₹71 upper price band). The shares listed at ₹90. GMP is unofficial and does not forecast or guarantee the actual listing price.
Globe Civil Projects IPO listed on Jul 1, 2025. It was issued at ₹90.0(NSE) and is currently around ₹38.64 as on 30-Oct-2026 3:30 PM, which is approximately -45.6% versus issue price. The 52-week high is ₹80.00.
You can check Globe Civil Projects IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Globe Civil Projects IPO allotment status on Rupix for quick and easy access.
₹67 to ₹71 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 211 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,981.
₹14,981, for one lot of 211 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 24 June 2025 and closed on 26 June 2025.
The basis of allotment was published on 27 June 2025 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 1 July 2025 on BSE, NSE.
The issue size was ₹119 crore. The fresh issue was 1,67,60,560 shares (aggregating up to ₹119 crore).