Globe Civil Projects IPO - Details

Globe Civil Projects is launching its IPO on June 24, 2025, with the subscription window closing on June 26, 2025. This is a Book Built Issue aimed at raising approximately ₹[.] crores, which includes a fresh issue of ₹[.] crores and an offer for sale of up to [.] equity shares, each having a face value of ₹10.

The price band for the IPO is set between ₹[.] and ₹[.] per share. The allocation structure reserves 50% of the issue for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for High Net-Worth Individuals (HNIs). The IPO is proposed to be listed on both the BSE and NSE, with the listing date scheduled for July 1, 2025. Allotment of shares is expected to be finalized by June 27, 2025.

On the financial front, the company has demonstrated solid growth—reporting revenue of ₹334.81 crores in FY 2024, up from ₹235.17 crores in FY 2023. Net profit also rose significantly to ₹15.38 crores in 2024 compared to ₹4.85 crores the year before.

Globe Civil Projects IPO Market Lot Size

The Globe Civil Projects IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.

Application	Lot Size	Shares	Amount
Retail Minimum	1	–	₹-
Retail Maximum	13	–	₹-
S-HNI Minimum	14	–	₹-

Globe Civil Projects IPO Details

IPO Open Date:	June 24, 2025
IPO Close Date:	June 26, 2025
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹[.] to ₹[.] Per Share
Issue Size:	Approx ₹[.] Crores
Fresh Issue:	Approx ₹[.] Crores
Issue Type:	Book Build Issue
IPO Listing:	BSE & NSE
Retail Quota:	Not more than 35%
QIB Quota:	Not more than 50%
NII Quota:	Not more than 15%

Globe Civil Projects IPO Valuation – FY2024 (KPI)

Explore the valuation metrics of Globe Civil Projects IPO, including key figures like Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).

KPI	Values
ROE:	21.95%
ROCE:	23.07%
EBITDA Margin:	13.44%
PAT Margin:	4.59%
Debt to equity ratio:	1.60
Earning Per Share (EPS):	₹3.58 (Basic)
Price/Earning P/E Ratio:	N/A
Return on Net Worth (RoNW):	19.80%
Net Asset Value (NAV):	₹18.10

Globe Civil Projects IPO Company Financial Report

In the financial year 2024, the company posted a revenue of ₹334.81 crores, showing a strong growth from ₹235.17 crores recorded in 2023. Net profit also rose significantly to ₹15.38 crores in 2024, up from ₹4.85 crores in the previous year.
(All figures are in ₹ crores.)”

Period Ended	Revenue	Expense	Profit After Tax	Assets
2022	₹286.78	₹279.77	₹5.20	₹229.79
2023	₹235.17	₹228.43	₹4.85	₹275.04
2024	₹334.81	₹313.83	₹15.38	₹317.83
May 2024	₹256.74	₹233.49	₹17.79	₹374.60

Globe Civil Projects IPO Dates

Globe Civil Projects IPO is scheduled to open on June 24 and will close on June 26. Share allotment is expected to be finalized by June 27, with the listing set for July 1.

IPO Open Date:	June 24, 2025
IPO Close Date:	June 26, 2025
Basis of Allotment:	June 27, 2025
Refunds:	June 30, 2025
Credit to Demat Account:	June 30, 2025
IPO Listing Date:	July 1, 2025

Promoters of Globe Civil Projects IPO

The promoters of the company are Ved Prakash Khurana, Nipun Khurana, and Vipul Khurana.

About Globe Civil Projects IPO

Established in 2002, Globe Civil Projects Limited is a New Delhi-based Engineering, Procurement, and Construction (EPC) firm with a pan-India presence.

Over the years, the company has successfully delivered projects in 11 Indian states, including Delhi, Uttar Pradesh, Haryana, Maharashtra, Karnataka, Andhra Pradesh, Gujarat, Rajasthan, Chhattisgarh, Uttarakhand, and Himachal Pradesh.

To date, Globe Civil Projects has completed 37 projects and is currently executing 12 more, which include five in the social and commercial infrastructure segments.

As of August 31, 2024, the company’s order book is valued at ₹892.95 crore, comprising 14 active projects broken down as follows:

6 in social and commercial infrastructure
3 in transport and logistics infrastructure
4 housing sector projects (non-infrastructure)
1 commercial office project (non-infrastructure)

The company is supported by a dedicated team of 112 permanent employees, as reported on August 31, 2024.

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.

Objects of the Issue

To meet the company’s working capital needs
To finance the purchase of equipment and machinery for business operations
For general corporate activities and strategic initiatives

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 Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Check Grey market premium at below 

(GMP)