Globe Civil Projects Limited

  • Minimum Investment
    ₹14,137
  • Price Range
    ₹67 - ₹71
  • Issue Size
    ₹119.00 Cr
  • Lot Size
    211 shares

Proceeds of this IPO to be used for

Funding working capital requirements of the company

Funding capital expenditure requirements towards the purchase of equipment/machinery

General corporate purposes

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Strengths & Weaknesses of Globe Civil Projects Limited

Project management & execution capabilities

The company has a proven track record of executing a diverse range of construction projects, completing 37 projects in the past two decades, with 12 ongoing. The largest project completed was the Academic and Admin Block at AIIMS, Raipur, covering 463,801.5 sq. ft. and costing Rs 181.4 crore

Growing order book

The order Book reflects the estimated contract value of unexecuted construction projects and indicates future revenue visibility. The Book to Bill Ratios for FY24, FY23, and FY22 were 2.95, 4.02, and 1.08 times, respectively

Consistent financial performance

Total revenue from operations grew from Rs 285.7 crore in FY22 to Rs 332.2 crore in FY24, representing a CAGR of 7.8%. Profit before tax rose from Rs 7.02 crore in FY22 to Rs 20.9 crore in FY24, showing a CAGR of 72.9%

Dependent on demand

The business and profitability depend heavily on demand for construction services and budget allocations in India’s infrastructure and non-infrastructure sectors. A reduction in activity and spending in these areas could negatively impact prospects and hinder growth

Competition

Projects are awarded through competitive bidding and meeting specific qualifications. Revenues primarily come from contracts obtained on a project-by-project basis, with many construction projects being non-recurring

Dependent on vendors

The business and profitability rely heavily on the availability and cost of raw materials, sourced from third-party suppliers. Disruptions or price volatility in raw materials could negatively affect operations and financial health

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Globe Civil Projects Limited

Globe Civil Projects was incorporated on May 22, 2002. The company focuses on executing infrastructure projects, including transport, logistics, social, commercial, and non-infrastructure projects like commercial offices and housing. Initially specializing in educational institutions and railway infrastructure, it has diversified to include projects like railway bridges, airport terminals, and hospitals, and also engages in trading goods, particularly TMT steel
  • Promoter
    Ved Prakash Khurana
  • Promoter
    Nipun Khurana
  • Promoter
    Vipul Khurana

Globe Civil Projects Limited IPO FAQs

What is Globe Civil Projects Limited IPO?

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Globe Civil Projects Limited IPO refers to the initial public offering of shares by Globe Civil Projects Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Globe Civil Projects Limited IPO?

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For Globe Civil Projects Limited IPO the issue size is ₹119 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Globe Civil Projects Limited IPO?

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For Globe Civil Projects Limited IPO the minimum investment is ₹14,137. The minimum investment for Globe Civil Projects Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Globe Civil Projects Limited IPO?

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For Globe Civil Projects Limited IPO the lot size is 211 shares. The lot size of Globe Civil Projects Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Globe Civil Projects Limited IPO on Share.Market?

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To apply for Globe Civil Projects Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Globe Civil Projects Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Globe Civil Projects Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Globe Civil Projects Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Globe Civil Projects Limited IPO?

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For Globe Civil Projects Limited IPO the allotment date is June 27, 2025. The allotment date of Globe Civil Projects Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Globe Civil Projects Limited IPO?

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For Globe Civil Projects Limited IPO, the subscription opens on June 24, 2025 and closes on June 26, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
85.93x Oversubscribed
Bidding Ongoing
-
Total Subscription
85.93x Oversubscribed