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  1. Globe Civil Projects IPO Listing Date: Key things to know before debut on NSE and BSE

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Globe Civil Projects IPO Listing Date: Key things to know before debut on NSE and BSE

Upstox

3 min read | Updated on June 30, 2025, 16:05 IST

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SUMMARY

Globe Civil Projects IPO Listing Date: The initial share sale received bids for 1,00,94,60,714 shares compared to 1,17,32,392 equity shares on offer, translating to an 86.04 times subscription.

A lot of Globe Civil Projects IPO consisted of 211 shares. | Image: Pixabay

A lot of Globe Civil Projects IPO consisted of 211 shares. | Image: Pixabay

Globe Civil Projects IPO Listing Date: Shares of Globe Civil Projects Ltd, which is an integrated engineering, procurement and construction (EPC) company, will make their stock market debut on Tuesday, July 1. The ₹119 crore initial public offering, with a price band of ₹67 to ₹71 per share, was subscribed over 86 times during the three-day bidding window. The Globe Civil Projects IPO allotment was finalised on June 27.
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As the listing of shares is less than a day away, here are key things you should know.

Globe Civil Projects IPO: Subscription

The initial share sale received bids for 1,00,94,60,714 shares compared to 1,17,32,392 equity shares on offer, translating to an 86.04 times subscription.

CategoryRESERVEDNO OF SHARES BID FORNO OF TIMES OF TOTAL MEANT FOR THE CATEGORY
Qualified Institutional Buyers (QIBs)33,52,11233,44,22,55199.76
Non-Institutional Investors25,14,08435,98,88,774143.15
Retail Individual Investors (RIIs)58,66,19631,51,49,38953.72
Total1,17,32,3921,00,94,60,71486.04

Globe Civil Projects IPO: Objective

The net proceeds of the issue will be used for the following objects:

  • Fund working capital requirements of the firm
  • Fund capital expenditure needs towards buying equipment
  • Corporate general purposes

Globe Civil Projects IPO listing date and time

Globe Civil Projects IPO's shares will hit the National Stock Exchange (NSE) and the BSE (formerly Bombay Stock Exchange) on Tuesday, July 1, at 10 am.

Globe Civil Projects financials

The EPC company posted a 42.36% increase in its revenue from operations to ₹334.81 crore in the financial year 2023-24 as compared to ₹235.17 crore a year back.

The net profit increased 217.11% to ₹15.38 crore in FY24 as against ₹4.85 crore in FY23.

Globe Civil Projects IPO GMP

According to News18, Globe Civil Projects' unlisted equity shares are trading at ₹98 per unit, a grey market premium (GMP) of 38% or ₹37 over the upper price band.
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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Upstox
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