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  5. Globe Civil Projects IPO booked over 86 times on last day; here's how to check allotment

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Globe Civil Projects IPO booked over 86 times on last day; here's how to check allotment

Upstox
By Upstox News Desk

3 min read | Updated on June 26, 2025, 17:50 IST

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SUMMARY

Non-institutional investors led the bidding by subscribing to the portion reserved for them 143.14 times, while the quota for retail investors was booked 53.71 times

Globe Civil Projects shares are expected to list on the NSE and the BSE on July 1. | Image: Pixabay

Globe Civil Projects shares are expected to list on the NSE and the BSE on July 1. | Image: Pixabay

Globe Civil Projects IPO: The initial public offering of civil construction and infrastructure development company Globe Civil Projects received a solid response across investor categories, with the issue being subscribed 86.04 times on the final day of bidding on Thursday, June 26.

It got bids for 1,00,93,96,359 shares against 1,17,32,392 shares on offer, as per NSE data until 5 pm.

Non-institutional investors led the bidding by subscribing to the portion reserved for them 143.14 times, while the quota for retail investors was booked 53.71 times. Qualified institutional buyers (QIBs) subscribed their part 99.76 times.

The ₹119-crore IPO is a fresh issuance of up to 1,67,60,560 equity shares with a price range of ₹67-₹71 per share. The application size is 211 shares and in multiples thereof.

The funds raised will be used for working capital needs and capital expenditure requirements. A part will also be used for general corporate purposes.

Globe Civil Projects IPO GMP

According to Business Standard, the unlisted shares of Globe Civil Projects are trading at ₹86 per unit, a grey market premium (GMP) of 21% or ₹15 over the upper price band of the issue.
Disclaimer: Grey Market Premium (GMP) is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
Globe Civil Projects IPO allotment status is likely to be finalised on Friday, June 27, with the details being available on the websites of the NSE, the BSE and KFin Technologies.

Steps to check Globe Civil Projects IPO allotment status on BSE

  • Head to BSE's IPO bid finalisation page: https://bseindia.com/investors/appli_check.aspx
  • Keep the issue type as 'Equity'
  • From the IPO names, pick 'Globe Civil Projects Ltd'
  • Fill in your PAN card number or IPO application number
  • Press the ‘Search’ button

How to check Globe Civil Projects IPO allotment status on NSE

How to check Globe Civil Projects IPO allotment status on KFin Technologies

  • Visit this URL: https://ris.kfintech.com/ipostatus/
  • From five links displayed on the screen, pick any one
  • In the 'Select IPO' list, choose 'Globe Civil Projects'
  • Enter anyone: IPO application number, PAN or Demat account number
  • Click on ‘Submit’

The company's shares are expected to list on the NSE and the BSE on July 1.

To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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