globe civil projects limited IPO
IPO Overview
Globe civil projects limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹71 per share, and retail investors can apply with a minimum investment of ₹15.0K as per IPO guidelines.
The Globe civil projects limited IPO opens on 24 Jun 2025 and closes on 26 Jun 2025. The IPO allotment is expected to be finalized on 27 Jun 2025, and the equity shares are proposed to be listed on BSE, NSE on 1 Jul 2025.
Investors can refer to the Globe civil projects limited IPO RHP-DRHP for detailed information. The issue is managed by MEFCOM Capital Markets Limited as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company has successfully executed projects across 11 states in India, including Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Uttarakhand, and Himachal Pradesh.
Globe Civil Projects Limited has completed 37 projects. Currently, the company is working on 12 ongoing projects, including five social and commercial projects.
As of August 31, 2024, the company's order book stands at ₹8,929.45 million, covering 14 projects:
6 Infrastructure - Social and Commercial projects
3 Infrastructure - Transport and Logistics projects
4 Non-Infrastructure - Housing projects
1 Non-Infrastructure - Commercial Office project
Globe Civil Projects Limited has a team of 112 permanent employees as of August 31, 2024.
Investment Objective
Capital expenditure towards purchase of construction equipments/ machineries.
General corporate purposes.