Globe Civil Projects IPO is scheduled to open on June 24, 2025, and will close on June 26, 2025. The basis of allotment will be finalized on June 27 (Friday). Refunds and credit to Demat accounts will take place by June 30 (Monday). The IPO is expected to be listed on BSE and NSE on July 1, 2025 (Tuesday).
Globe Civil Projects IPO is a Book Build Issue of 1.68 crore equity shares, and the entire IPO consists of a fresh issue only. The exact issue size in terms of ₹ crores will be updated once finalized. The face value of each share is ₹10.
The price band for the IPO is expected to be announced soon. As per standard allocation rules, retail investors will get up to 35% quota, Qualified Institutional Buyers (QIBs) will get up to 50%, and Non-Institutional Investors (NIIs) will have 15% reservation in the IPO.
In terms of financials, the company has shown strong growth. In FY 2024, Globe Civil Projects reported a revenue of ₹334.81 crores, a significant increase from ₹235.17 crores in FY 2023. The profit after tax (PAT) also saw good growth — rising from ₹4.85 crores in FY23 to ₹15.38 crores in FY24.
Looking at this financial performance, the company seems to be on a strong growth path, and long-term investors may consider applying for this IPO based on its improving revenues and profits.
Overview of Contents
About Globe Civil Projects IPO
Globe Civil Projects Limited, incorporated in 2002 and headquartered in New Delhi, is a well-established Engineering, Procurement, and Construction (EPC) company in India. The company has a strong presence across the country and has successfully completed 37 projects in 11 states, including Uttar Pradesh, Delhi, Maharashtra, Gujarat, Karnataka, Haryana, and more.
As of August 31, 2024, Globe Civil Projects is working on 12 ongoing projects, out of which five are social and commercial infrastructure projects. The company’s order book stands at ₹892.94 crore, covering 14 projects across different segments such as infrastructure for social and commercial use, transport and logistics, housing, and commercial office spaces. With a skilled workforce of 112 permanent employees, the company continues to focus on delivering quality infrastructure and building a reliable track record in the construction industry.
Globe Civil Projects IPO Overview
| Particulars | Details |
|---|---|
| IPO Open Date | June 24, 2025 |
| IPO Close Date | June 26, 2025 |
| IPO Listing Date | To be announced |
| Face Value | ₹10 per equity share |
| Price Band | ₹[.] to ₹[.] per share |
| Lot Size | To be announced |
| Total Issue Size | 1,67,60,560 shares (Approx ₹[.] Cr) |
| Fresh Issue Size | 1,67,60,560 shares (Approx ₹[.] Cr) |
| Issue Type | Book Built Issue (IPO) |
| Listing At | BSE, NSE |
| Pre-Issue Shareholding | 4,29,58,439 shares |
| Post-Issue Shareholding | 5,97,18,999 shares |
| Retail Investor Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
Globe Civil Projects IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Globe Civil Projects IPO Dates
| Event | Date (Day) |
|---|---|
| IPO Open Date | June 24, 2025 (Tuesday) |
| IPO Close Date | June 26, 2025 (Thursday) |
| Basis of Allotment | June 27, 2025 (Friday) |
| Refunds Initiation | June 30, 2025 (Monday) |
| Credit to Demat Account | June 30, 2025 (Monday) |
| IPO Listing Date | July 1, 2025 (Tuesday) |
Globe Civil Projects IPO Review
- Sharekhan –
- SMC Global –
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Globe Civil Projects IPO Promoter Holding
| Shareholding | Percentage |
|---|---|
| Pre-Issue Holding | 88.14% |
| Post-Issue Holding | [To be updated] |
Globe Civil Projects Financial Performance
Globe Civil Projects has shown steady financial growth over the last few years. As of December 2024, the company reported a significant jump in assets and profit, reflecting improved operational performance. Revenues have also remained strong, with a notable increase from FY23 to FY24. The rising net worth and controlled borrowing indicate a stable financial position.
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Total Assets | 374.60 | 317.83 | 275.04 | 229.79 |
| Revenue | 256.74 | 334.81 | 235.17 | 286.78 |
| Profit After Tax (PAT) | 17.79 | 15.38 | 4.85 | 5.20 |
| Net Worth | 99.83 | 77.67 | 62.44 | 57.45 |
| Reserves & Surplus | 0.00 | 75.19 | 59.97 | 54.98 |
| Total Borrowings | 137.97 | 124.48 | 97.00 | 70.76 |
Objects of the Issue
- Funding working capital requirements of our Company;
- Funding capital expenditure requirements towards purchase of equipment/ machineries; and
- General corporate purposes
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| B L Kashyap and Sons Limited | 2.33 | 45.65 | 10.58 | 22.02 | 1,256.77 Cr. |
| Ceigall India Limited | 19.37 | 19.86 | 33.57 | 57.68 | 3,066.19 Cr. |
| PSP Projects Limited | 34.16 | 20.65 | 13.49 | 222.50 | 2,530.01 Cr. |
| Capacit’e Infraprojects Limited | 16.09 | 24.30 | 7.93 | 179.30 | 1,963.65 Cr. |
| Ahluwalia Contracts (India) Limited | 55.95 | 20.73 | 23.43 | 238.84 | 3,891.94 Cr. |
Globe Civil Projects IPO Valuation – FY2024
Globe Civil Projects has shown strong financial efficiency with a healthy return on equity and steady profitability margins. With an EPS of ₹3.58 and RoNW of 19.80%, the company reflects stable earnings potential. The debt-to-equity ratio stands slightly high at 1.60, suggesting moderate leverage in its capital structure.
| KPI | Value |
|---|---|
| Earnings Per Share (EPS) | ₹3.58 (Basic) |
| Return on Net Worth (RoNW) | 19.80% |
| Return on Equity (ROE) | 21.95% |
| Return on Capital Employed (ROCE) | 23.07% |
| EBITDA Margin | 13.44% |
| Profit After Tax (PAT) Margin | 4.59% |
| Net Asset Value (NAV) | ₹18.10 |
| Debt-to-Equity Ratio | 1.60 |
| Price/Earnings (P/E) Ratio | N/A |
Globe Civil Projects IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Mefcom Capital Markets Ltd
Company Address
Globe Civil Projects Limited
D-40,
Okhla Industrial Area
Phase-I
Delhi, New Delhi, 110020
Phone: +91 11 46561560
Email: [email protected]
Website: http://www.globecivilprojects.com/
Globe Civil Projects IPO FAQs
What is the IPO date for Globe Civil Projects?
The IPO will open on June 24, 2025 and close on June 26, 2025. The allotment is expected on June 27, with listing scheduled for July 1, 2025.
What is the issue size of the Globe Civil Projects IPO?
The IPO comprises a fresh issue of 1.68 crore equity shares, aggregating to approximately ₹[.] crores.
What is the price band and face value for this IPO?
The price band is ₹[.] to ₹[.] per share with a face value of ₹10 per equity share.
Where will the Globe Civil Projects shares be listed?
The shares will be listed on both the BSE and NSE stock exchanges.
What is the financial performance of Globe Civil Projects?
In FY 2024, the company reported revenue of ₹334.81 crores and a profit of ₹15.38 crores, showing significant growth from the previous year.