Globe Civil Projects IPO GMP: Your Friendly, In-Depth Guide

1 view
Skip to first unread message

roshni singh.finowings

unread,
Jun 24, 2025, 6:15:44 AM6/24/25
to Finowings training academy

Curious about the Globe Civil Projects IPO? Whether you’re a first-time investor or a seasoned pro, this guide walks you through everything—from key dates and price band to the latest Globe Civil Projects IPO GMP—in clear, jargon-free terms.


📅 Key Dates & Details for Globe Civil Projects IPO
  • IPO Opening: June 24, 2025

  • IPO Closing: June 26, 2025

  • Price Band: ₹67–₹71 per share

  • Issue Size: ₹119 Cr via 1.68 Cr fresh shares

  • Lot Size: 211 shares

  • Listing Date: July 1, 2025 (on BSE & NSE)

  • Grey Market Premium (GMP): ₹0 (i.e., no premium over issue price)

Note: A ₹0 Globe Civil Projects IPO GMP suggests that the issue is fairly priced, with no speculative markup.


🏗️ About Globe Civil Projects Limited

Founded in 2002 in New Delhi, Globe Civil Projects is a specialized EPC (Engineering, Procurement & Construction) firm. Here’s the snapshot:

  • Completed Projects: 37 across 11 states (including UP, Maharashtra, Gujarat)

  • Ongoing Projects: 12 (half focused on social or commercial infrastructure)

  • Robust Order Book: ₹8,929 Cr as of August 31, 2024, spanning sectors like transport, housing, offices, and social infrastructure


💰 Financial Snapshot (₹ Cr)

Metric
Mar 2024
Dec 2024
Growth Signal
Assets
317.8
374.6
↑ suggests capacity expansion
Revenue
334.8
256.7
↘ reflects project phasing
PAT
15.4
17.8
↑ solid profitability gain
Net Worth
77.7
99.8
↑ bolstered balance sheet
Borrowings
124.5
138.0
↗ moderate leverage rise

Even though revenue dipped slightly (project timing), profit after tax jumped ~15%, underlining healthy margins and cost control.


👍 Why Consider the Globe Civil Projects IPO?
  1. Strong Order Book: ₹8,929 Cr of upcoming work—visibility into future revenues.

  2. Proven Track Record: 20+ years in EPC, 37 completed assignments.

  3. Promoter Expertise: Leadership with deep domain experience.

  4. Profit Growth: 72.9% CAGR in profits over FY22–24.

  5. Fair Valuation: Globe Civil Projects IPO GMP at ₹0 indicates pricing in line with fundamentals.


⚠️ Risks & Red Flags
  • CPWD Dependency: A slowdown in government orders could impact new wins.

  • Competitive Pressures: Larger EPC players may bid aggressively on big contracts.

  • Execution Delays: Delayed project timelines can pressure margins and cash flows.


📝 How to Apply for Globe Civil Projects IPO
  1. Demat Account: Open one or log in to your existing account.

  2. Place Your Bid: Select 211-share lots at your chosen price within ₹67–₹71.

  3. Payment: Use UPI or net banking once your bid is confirmed.

  4. Allotment Check: Watch for results on June 27, 2025 on KFin Technologies’ portal.

  5. Listing Day: July 1, 2025—get ready to trade on BSE & NSE!


🔑 FAQs on Globe Civil Projects IPO & GMP

Q: What exactly is the price band?
A: Shares are offered at ₹67–₹71 each.

Q: Why is the Globe Civil Projects IPO GMP ₹0?
A: A grey market premium of ₹0 signals fair valuation without speculative markup.

Q: When will the IPO list?
A: It’s scheduled to debut on July 1, 2025, on both major exchanges.

Q: What’s the total IPO size?
A: ₹119 Cr raised via sale of 1.68 Cr fresh shares.


Bottom Line

The Globe Civil Projects IPO GMP is an opportunity to back a seasoned EPC specialist with a substantial order book and improving profitability. With a GMP of ₹0, the issue appears fairly priced. If you’re bullish on India’s infrastructure growth story, this could be an attractive play—just be mindful of government spending cycles and execution risks. Always align any investment with your risk appetite and consider consulting a financial advisor before placing your bid. Good luck!

Reply all
Reply to author
Forward
0 new messages