Don’t Trade in the Dark—Get Your Pre-Market Report Every Day.Join Now
Dhanarthi

Globe Civil Projects IPO: Price, GMP & Financial Report

Globe Civil Projects IPO: Price, GMP & Financial Report

TABLE OF CONTENTS

    Globe Civil Projects Limited IPO is set to launch in June 2025, which offers investors an opportunity to participate in India's fast-growing infrastructure and construction sector. The IPO is scheduled to open on June 24, 2025, and is closed on June 26, 2025, with a new issue of 1.90 crore equity shares. Globe Civil Projects is one of the leading providers of construction-related services, offering a wide infrastructure solutions.

    IPO Dates for Globe Civil Projects

    The Globe Civil Projects IPO is scheduled to open on June 24, 2025, and close on June 26, 2025. The allocation date with the listing plan for July 1, 2025, is expected to be announced by June 27, 2025.

    Globe Civil Projects Limited

    IPO Details Summary

    Parameter Details
    Company Name Globe Civil Projects Limited
    Issue Size ₹190+ crores (estimated)
    Issue Type Fresh Issue Only
    Number of Shares 1.90 crore equity shares
    Price Band To be announced
    Lot Size To be announced
    Face Value ₹10 per share
    Listing Platform BSE, NSE
    Lead Manager MEFCOM Capital Markets Limited

    About Globe Civil Projects IPO

    Globe Civil Projects Limited is a major construction and infrastructure company working for two decades. The company has completed 37 projects in the last two decades, and the infrastructure is adept at providing wide construction-related services in the development life cycle.

    The company's service offering includes development, construction, services, concessions, and operations throughout the life cycle of infrastructure projects, real estate, and facilities. Additionally, Globe Civil Projects is engaged in trading goods, mainly TMT Steel, with Revenue 2022 in 2022 showing a CAGR of 10.09% in 2022 to 10.09% fiscal 2024 to fiscal 2024.

    The company is located in Delhi and operates in various areas of the construction and infrastructure industry, making it a diverse player in the growing infrastructure of India.

    Financial Performance of Globe Civil Projects

    The company has demonstrated strong growth in assets and improved profitability:

    Period Ended Mar-24 Mar-23 Mar-22
    Assets 317.8 275.0 229.8
    Revenue 334.8 235.2 286.8
    Profit After Tax 15.4 4.9 5.2
    Net Worth 77.7 62.4 57.5
    Reserves and Surplus 75.2 60.0 55.0
    Total Borrowing 124.4 97.0 70.7

    Amount in ₹ Crores

    Performance Analysis

    Globe Civil Projects displayed strong basic things in Mar-22 from Mar 229.8 crore to Mar 229.8 crore to Mar 317.8 crore to Mar-24, which represents a healthy 38% increase in two years. The company shows more than PAT 4.9 crore to Mar-24 crore from Mar-24 in Mar-23, indicating improvement in strong operational efficiency.

    The revenue pattern shows a strong recovery of ₹ 334.8 crore with Mar-24 crore compared to Mar 235.2 crore in Mar-23, which represents a notable 42% year-to-year growth. The company's net value increased from 57.5 crores to ₹ 77.7 crores, indicating strong capital adequacy and financial stability.

    Borrowing with trade expansion has led to a proportional increase, but the debt-to-equity ratio remains manageable, suggesting prudent financial management.

    IPO Share Reservation

    The IPO share allocation follows standard SEBI guidelines:

    Investor Category Allocation % Purpose
    Retail Investors 35% Individual investors
    HNI (Non-Institutional) 15% High Net Worth Individuals
    QIB (Qualified Institutional) 50% Institutional investors

    Sector Comparison

    Company Sector Focus Revenue (cr.) Market Position
    Globe Civil Projects Infrastructure & Construction 334.8 Growing Player
    L&T Diversified Infrastructure 175,000+ Market Leader
    NCC Limited Construction & Infrastructure 15,000+ Established Player
    KNR Constructions Road Infrastructure 3,500+ Niche Player

    Know Before Investing

    Risks

    1. Regulatory Changes : Construction companies encounter government rules, environmental approval, and developing policy changes that can affect project execution and profitability.

    2. Project Execution Risk : Delay in large infrastructure projects, cost overrun, and technical challenges can greatly affect margin and cash flow.

    3. Working Capital Intensive : The Construction business requires sufficient working capital for material, labor, and project execution, causing cash flow challenges.

    4. Competition Intensity : Intense competition from players and new entrants has established itself in place of construction and infrastructure sectors.

    5. Economic Cyclicality : The demonstration of construction sector is closely linked to the development policies of economic cycles, government spending, and infrastructure.

    6. Raw Material Price Volatility : Steel, cement, and other raw material prices can significantly affect project margin.

    7. Client Concentration : dependence on government contracts and large private developers for project orders.

    8. Execution Challenges : Weather conditions, labor availability, and logistical challenges can affect the project deadline and costs.

    Strengths

    1. Experienced Track Record : Completed 37 projects in two decades, demonstrated continuous execution capacity and industry experience.

    2. Strong Financial Performance : Significant improvement in profitability with PAT is showing an increase of 214% in FY24 from ₹ 4.9 crore.

    3. Revenue Growth : Revenue expansion, stronger trade pace from ₹ 235.2 crore to ₹ 334.8 crore, indicates a strong trade pace.

    4. Diversified Operations : Comprehensive service offering infrastructure projects that cover the entire life cycle, reducing dependence on single revenue sources.

    5. Trading Business : Additional Revenue Stream from TMT Steel Trading with a steady increase of 10.09% CAGR.

    6. Asset Growth : And 229.8 crore to Reformment 229.8 crore to ₹ 317.8 crore continuous asset base extension.

    7. Market Opportunity : Poired well for the development of India's infrastructure development and the government's attention from the government's attention.

    8. Fresh Issue Focus : With a fully fresh issue No OFS component, ensure that all income goes to the development of the company.

    How to Apply for Globe Civil Projects IPO?

    Step-by-step guide (when IPO opens):

    --> Log in to your broker app (Zerodha, Angel One, Groww, etc.)

    --> Navigate to the IPO section and select Globe Civil Projects IPO

    --> Click "Apply."

    --> Enter:

    • Lot size (minimum as per announcement)

    • Bid price (within price band or select Cut-Off)

    • Your UPI ID

    --> Submit the application

    --> Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

    ⏰ Important: Mandate must be approved before 5 PM on the same day or before IPO closes.

    How to Check Globe Civil Projects IPO Allotment Status?

    You can check allotment status through BSE/NSE and the registrar portal once the IPO opens.

    Check On BSE/NSE

    1. Visit the BSE or NSE official website.

    2. Navigate to the IPO Allotment Section.

    3. Select Globe Civil Projects IPO.

    4. Enter PAN number or application number.

    5. Submit details to get allotment status.

    Check On the Registrar Portal

    1. Visit Kfin Technologies Limited's website.

    2. Select IPO allotment status.

    3. Choose Globe Civil Projects IPO.

    4. Enter PAN or application number.

    5. Submit to check status.

    Company Address

    Name : Globe Civil Projects Limited
    Address : D-40, Okhla Industrial Area Phase-I, New Delhi, 110020
    Phone : +91 11 46561560
    Email : cs@globecivilprojects.com
    Website : http://www.globecivilprojects.com/

    IPO Registrar

    Name : Kfin Technologies Limited
    Address : KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana, India - 500 032
    Phone : +914067162222
    Email : gcpl.ipo@kfintech.com
    Website : https://kosmic.kfintech.com/ipostatus/

    Conclusion

    Globe Civil Projects IPO provides India's expansion infrastructure and an attractive investment opportunity in the construction sector. The company has demonstrated significant improvements in financial performance with strong revenue growth and a remarkable profitability increase. Its diverse business model, experienced track record of project execution, and status as a growing infrastructure market increase its investment appeal.

    The company's focus on additional revenue currents from comprehensive infrastructure solutions and business activities offers stability and development capacity. However, investors should carefully evaluate the final price band and assess the valuation metrics when declared. The cyclical nature and execution risks of the construction sector should also be considered.

    Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. Please consult with your financial advisor before making any investment decisions. Construction and infrastructure investments carry market risks and are subject to regulatory changes.

    FAQs

    1. When is the Globe Civil Projects IPO date?

    The IPO is scheduled to open on June 24, 2025, and close on June 26, 2025, with listing expected on July 1, 2025.

    2. What is the issue size of Globe Civil Projects IPO?

    The IPO comprises a fresh issue of 1.90 crore equity shares, with an estimated value of ₹190+ crores.

    3. What is the price band of Globe Civil Projects IPO?

    The price band is yet to be announced officially by the company. Investors should wait for the final price band announcement.

    4. Is Globe Civil Projects IPO a good investment?

    With strong financial performance, an experienced track record, and positioning in India's growing infrastructure sector, it appears attractive for construction sector exposure.

    5. Who is the lead manager for Globe Civil Projects IPO?

    MEFCOM Capital Markets Limited is serving as the lead manager for this IPO.

    6. What is Globe Civil Projects' business model?

    The company provides construction-related services covering the entire life cycle of infrastructure projects, real estate, and facilities.

    7. What is the minimum lot size for Globe Civil Projects IPO?

    The minimum lot size and application amount are yet to be announced in the final IPO documents.

    8. Who is the registrar of Globe Civil Projects IPO?

    Kfin Technologies Limited is handling the IPO registration and allotment process.

    9. On which exchanges will Globe Civil Projects be listed?

    The company's shares will be listed on both BSE and NSE upon successful completion of the IPO.

    10. What are the key strengths of Globe Civil Projects?

    Key strengths include an experienced track record with 37 completed projects, strong financial performance improvement, diversified business model, and positioning in India's growing infrastructure sector.

    Bhargav Dhameliya

    Bhargav Dhameliya - Content creator & copywriter at @Dhanarthi

    I help businesses to transform ideas into powerful words & convert readers into customers.