The Globe Civil Projects IPO is all set to open on June 24, 2025, offering investors an opportunity to participate in India’s growing infrastructure space. With a total issue size of ₹50.18 crore, this SME IPO has generated strong market interest, especially from retail investors tracking grey market premium (GMP) activity.
Before you apply, here are 7 key factors you should know.
📌 1. IPO Dates
Opening Date: June 24, 2025
Closing Date: June 26, 2025
Allotment: July 1, 2025
Listing Date (Tentative): July 3, 2025
Exchange: NSE SME platform
💰 2. Price Band & Issue Details
Price Band: ₹82 per share
Face Value: ₹10 per equity share
Lot Size: 1,600 shares (₹1,31,200 minimum investment)
Issue Size: ₹50.18 crore
Fresh Issue: 100% (No OFS)
🔢 3. Grey Market Premium (GMP)
As of June 23, the GMP for Globe Civil Projects is reported at ₹35–₹40, indicating strong demand and potential listing gains of over 40–45%.
💡 Disclaimer: GMP is unofficial and speculative. Always consult your financial advisor.
🧱 4. Company Overview
Globe Civil Projects Ltd. is a civil construction company with a focus on:
Infrastructure development (roads, flyovers, water supply systems)
Government projects under EPC model
Operations across Maharashtra, Gujarat, and Madhya Pradesh
Clients include state authorities, municipal corporations, and PSU bodies
💹 5. Financial Performance (Last 3 Years)
| FY | Revenue (₹ Cr) | Net Profit (₹ Cr) | EBITDA Margin |
|---|---|---|---|
| FY23 | 96.7 | 5.34 | 8.2% |
| FY22 | 84.5 | 4.1 | 7.5% |
| FY21 | 71.9 | 3.3 | 6.9% |
The company shows consistent growth in both top line and bottom line, with improving margins.
🏗️ 6. Objectives of the IPO
The IPO proceeds will be used for:
Working capital needs
Equipment purchase and upgrade
General corporate purposes
Strengthening operational infrastructure
🧮 7. Should You Subscribe?
Pros:
Strong order book from govt & PSU clients
Steady financial performance
Attractive GMP & valuations
Strategic presence in growing infrastructure states
Risks:
High client concentration
Competitive EPC landscape
SME listing volatility
❓ FAQ Section
Q1: What is the IPO date for Globe Civil Projects?
A: The IPO opens on June 24 and closes on June 26, 2025.
Q2: What is the price band and lot size?
A: The price is fixed at ₹82 per share with a lot size of 1,600 shares.
Q3: What is the GMP of Globe Civil Projects IPO?
A: As of June 23, GMP is in the range of ₹35–₹40, indicating positive sentiment.
Q4: Where will the stock list?
A: The shares will list on the NSE SME platform on or around July 3, 2025.
Q5: Is this a fresh issue or includes OFS?
A: It is a 100% fresh issue. No offer for sale (OFS) component.
Q6: What is the business of Globe Civil Projects?
A: The company operates in the infrastructure and EPC segment, primarily focusing on roads, bridges, and water projects for government clients.
Q7: Should I invest in this IPO?
A: The IPO shows strong fundamentals and positive GMP, but investors should review personal risk appetite and consult with a financial advisor.
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Reported by Benny on June 23, 2025.
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