Globe Civil Projects IPO

₹14/211 shares

Minimum Investment

IPO Details

Open Date

24 Jun 25

Close Date

26 Jun 25

Minimum Investment

₹14

Lot Size

211

Price Range

₹67 to ₹71

Listing Exchange

NSE, BSE

Issue Size

₹119 Cr

Listing Date

01 Jul 25

Open Free Demat Account

Globe Civil Projects IPO Timeline

Bidding Start

24 Jun 25

Bidding Ends

26 Jun 25

Allotment Finalisation

27 Jun 25

Refund Initiation

30 Jun 25

Demat Transfer

30 Jun 25

Listing

01 Jul 25

Globe Civil Projects Limited

Founded in 2002 and based in New Delhi, Globe Civil Projects Limited is a full-service EPC firm. The company has executed 37 projects and is currently engaged in 12 more across India. Its clientele spans infrastructure, housing, and commercial sectors. As of 31 August 2024, its order book value stood at ₹892.94 crore. With operations in 11 states and a team of 112 employees, the company maintains a strong execution track record.

Globe Civil Projects Limited IPO Overview

Globe Civil Projects IPO is a book-built issue worth ₹119.00 crores, consisting entirely of a fresh offering of 1.68 crore equity shares. The IPO will open for subscription on 24 June 2025 and will close on 26 June 2025. The basis of allotment is likely to be finalised on Friday, 27 June 2025, with the shares expected to be listed on both BSE and NSE on Tuesday, 1 July 2025. The price band for the IPO has been set between ₹67 and ₹71 per share. Retail investors must apply for a minimum lot size of 211 shares, requiring an investment of ₹14,137. However, to improve chances in case of oversubscription, bidding at the cut-off price is recommended, increasing the amount to approximately ₹14,981. For small non-institutional investors (sNII), the minimum investment is 14 lots (2,954 shares) worth ₹2,09,734, while large non-institutional investors (bNII) are required to invest in 67 lots (14,137 shares), amounting to ₹10,03,727.

Globe Civil Projects Limited IPO Details

Particulars	Details
IPO Date	24 June 2025 to 26 June 2025
Listing Date	1 July 2025
Face Value	₹10 per share
Issue Price Band	₹67 to ₹71 per share
Lot Size	211 Shares
Total Issue Size	1,67,60,560 shares (aggregating up to ₹119.00 Cr)
Fresh Issue	1,67,60,560 shares (aggregating up to ₹119.00 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	BSE, NSE
Share Holding Pre Issue	4,29,58,439 shares
Share Holding Post Issue	5,97,18,999 shares

Globe Civil Projects Limited IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII (HNI)	Not less than 15% of the Net Issue

Globe Civil Projects Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	1	211	₹14,981
Retail (Max)	13	2,743	₹1,94,753
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

Globe Civil Projects Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	88.14%
Post-Issue	To be updated

Globe Civil Projects Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹3.58
Price/Earnings (P/E)	TBD
Return on Net Worth (RoNW)	19.80%
Return on Equity (RoE)	21.95%
Return on Capital Employed (ROCE)	23.07%
EBITDA Margin	13.44%
PAT Margin	4.59%
Net Asset Value (NAV)	₹16.17
Debt to Equity Ratio	1.60

Objectives of the Proceeds

To meet working capital requirements, ₹75 crore

Capital expenditure for acquiring construction machinery, ₹14.26 crore

General corporate purposes

Key Financials (in ₹ Crores)

Particulars	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
Reserves & Surplus	56.87	75.19	59.97	54.98
Total Borrowings	137.97	124.48	97.00	70.76

SWOT Analysis of Globe Civil Projects IPO

Strength and Opportunities

Strong track record of 37 completed projects across 11 states.
Diverse order book of ₹892.94 crore across multiple sectors.
Expertise across EPC domains including social, logistics, and housing.
Well-established promoter group with domain experience.
Growing presence in commercial and government projects.

Risks and Threats

High dependence on infrastructure project cycles.
Project delays can impact profitability.
Exposure to input cost fluctuations.
High working capital requirements.
Competition from larger, established EPC players.

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About Globe Civil Projects Limited

Globe Civil Projects IPO Strengths

Globe Civil Projects has a proven track record of timely project execution.

It maintains a strong and diverse project portfolio across India.

The company benefits from experienced promoters with industry knowledge.

It has a robust order book ensuring future revenue visibility.

Its operations are spread across multiple infrastructure and non-infrastructure verticals.

Peer Group Comparison

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (₹)	P/E (x)	RoNW (%)	P/BV Ratio
Globe Civil Projects Limited	3.58	3.58	18.10	–	19.80	–
Peer Groups
B.L. Kashyap and Sons Ltd.	2.33	2.33	22.02	29.57	10.58	3.09
Ceigall India Limited	19.37	19.37	57.68	12.88	33.57	–
PSP Projects Ltd	34.16	34.16	222.50	20.38	13.49	3.09
Capacite Infraprojects Ltd	16.09	16.09	179.30	20.56	7.93	1.46
Ahluwalia Contracts (India) Ltd	55.95	55.95	238.84	16.41	23.43	4.28

How to apply IPO with HDFC SKY?

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3Enter Number of Lots and your Price.

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5Complete Transaction on Your UPI App