Globe Civil Projects IPO
IPO Listing Details
- Listing Date
01 Jul 2025
- Listing Price
₹91.10
- Listing Change
28.31%
- Last Traded Price
₹63.12
Globe Civil Projects IPO Details
-
Open Date
24 Jun 2025
-
Close Date
26 Jun 2025
-
Listing Date
01 Jul 2025
- IPO Price Range
₹ 67 to ₹71
- IPO Size
₹ 119 Cr
- Listing Exchange
BSE NSE
Globe Civil Projects IPO Timeline
Globe Civil Projects IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 24-Jun-25 | 8.06 | 8.17 | 5.84 | 6.97 |
| 25-Jun-25 | 8.15 | 21.32 | 16.73 | 15.26 |
| 26-Jun-25 | 82.13 | 143.14 | 53.67 | 80.97 |
Last Updated: 29 September 2025 2:58 PM by 5paisa
Globe Civil Projects Limited, a New Delhi-based EPC company, is launching a ₹119 crore IPO. It has completed 37 projects across 11 Indian states and is currently handling 12 more. As of August 31, 2024, its order book is worth ₹8,929.45 million, spanning 14 projects across infrastructure, transport, housing, and commercial sectors. The company employs 112 permanent staff and continues expanding its presence across diverse construction domains.
Established in: 2002
Managing Director: Mr. Vipul Khurana and Mr. Nipun Khurana.
Peers
PSP Projects Limited
Ahluwalia Contracts India Limited
B. L. Kashyap and Sons Limited
Capacit’e Infraprojects Limited
Ceigall India Limited
Globe Civil Projects Limited
Globe Civil Projects Objectives
Capital expenditure to purchase construction equipment/ machineries.
Working capital requirements of the company
General corporate purposes
Globe Civil Projects IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹119.00 Cr. |
| Offer For Sale | - |
| Fresh Issue | ₹119.00 Cr. |
Globe Civil Projects IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 211 | 14,137 |
| Retail (Max) | 13 | 2743 | 183,781 |
| S-HNI (Min) | 14 | 2954 | 197,918 |
| S-HNI (MAX) | 67 | 13926 | 933,042 |
| HNI (Min) | 68 | 14137 | 947,179 |
Globe Civil Projects IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 82.13 | 33,52,112 | 27,53,07,736 | 1,954.68 |
| NII (HNI) | 143.14 | 25,14,084 | 35,98,56,069 | 2,554.98 |
| bNII (bids above ₹10L) | 136.80 | 16,76,056 | 22,92,79,141 | 1,627.88 |
| sNII (bids below ₹10L) | 150.25 | 8,38,028 | 12,59,10,874 | 893.97 |
| Retail | 53.67 | 58,66,196 | 31,48,13,055 | 2,235.17 |
| Total** | 80.97 | 1,17,32,392 | 94,99,76,860 | 6,744.84 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Globe Civil Projects IPO Anchor Allocation
| Anchor Bid Date | June 23, 2025 |
| Shares Offered | 50,28,168 |
| Anchor portion Size (In ₹ Cr.) | 35.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 27, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 25, 2025 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 286.78 | 235.17 | 334.81 |
| EBITDA | 22.91 | 20.80 | 44.65 |
| PAT | 5.20 | 4.85 | 15.38 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Total Assets | 229.79 | 275.04 | 317.83 |
| Share Capital | 2.48 | 2.48 | 2.48 |
| Total Borrowings | 70.76 | 97.00 | 124.48 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 7.41 | -11.22 | 4.20 |
| Net Cash Generated From / (used in) investing activities | 0.18 | -3.45 | -11.31 |
| Net Cash Generated From / (used in) financing activities | -9.55 | 14.77 | 7.01 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -1.96 | 0.09 | -0.10 |
Strengths
1. Completed 37 projects and managing 13 ongoing ones across diverse sectors and geographies.
2. Robust ₹6,691.02 million order book across infrastructure and non-infrastructure segments.
3. Revenue and profit growing steadily, with profit CAGR of 72.92% over two fiscals.
4. Experienced leadership team with over 19 years in construction and project execution.
Weaknesses
1. 10.10% revenue reliance on CPWD projects poses concentration risk.
2. Education infrastructure accounts for 61.95% revenue; sectoral slowdown may affect performance.
3. FY25 bid success rate fell to 9.09%, limiting new order inflow.
4. TMT steel trading marginal at 3.14%, highly sensitive to commodity price changes.
Opportunities
1. Government infrastructure push offers strong growth potential across transport and urban development.
2. Rising demand for social and commercial infrastructure in Tier 2 and Tier 3 cities.
3. Scope to diversify revenue beyond education and public sector projects.
4. Green building and smart city initiatives can open new project avenues.
Threats
1. Project delays or cancellations can significantly affect order book and cash flows.
2. High competition in the EPC sector may impact margins and order acquisition.
3. Regulatory changes in the infrastructure sector could delay project execution.
4. Input cost volatility, especially steel and cement, can erode profitability.
1. Strong financial growth with PAT tripling from FY22 to FY24
2. Robust ₹6,691.02 million order book ensures revenue visibility.
3. Experienced promoters with 19+ years in EPC and infrastructure.
4. Proceeds to fund expansion, boosting execution and operational capacity.
1. Booming government EPC pipeline continues, backed by ₹1.97 lakh crore National Infrastructure Pipeline until 2025.
2. Rs 2 lakh crore irrigation/EPC opportunity expected next decade, propelled by inter‑linking river projects.
3. EPC market projected to grow from USD 69 billion to USD 127 billion by 2030, ~12.9% CAGR.
4. Sustainability and tech adoption (BIM, IoT, green bonds) are reshaping EPC’s future.
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FAQs
Globe Civil Projects IPO opens from June 24, 2025 to June 26, 2025.
The size of Globe Civil Projects IPO is ₹119.00 Cr.
The price of Globe Civil Projects IPO is fixed at ₹67 to ₹71 per share.
To apply for Globe Civil Projects IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Globe Civil Projects IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Globe Civil Projects IPO is 211 shares and the investment required is ₹14,137.
The share allotment date of Globe Civil Projects IPO is June 27, 2025.
The Globe Civil Projects IPO will likely be listed on July 1, 2025.
Mefcom Capital Markets Ltd. is the book running lead manager for Globe Civil Projects IPO.
Globe Civil Projects plans to utilise the raised capital from the IPO for:
- Capital expenditure to purchase construction equipment/ machineries.
- Working capital requirements of the company
- General corporate purposes
Globe Civil Projects Contact Details
Globe Civil Projects Limited
D-40,
Okhla Industrial Area
Phase-I
Delhi, New Delhi, 110020
Phone: +91 11 46561560
Email: cs@globecivilprojects.com
Website: https://www.globecivilprojects.com/
Globe Civil Projects IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: gcpl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/