Summary: The Rs 119 crore initial public offering (IPO) of Global Civil Projects is now open for subscriptions, with prices ranging from Rs 67 to Rs 71 per share. With an emphasis on government urban infrastructure, the Delhi-based EPC player intends to use the money raised for strategic growth, operating capital, and the procurement of gear. Ventura Securities’ ‘Subscribe’ recommendation is supported by a robust order book and rising margins.
The subscription period for Global Civil Projects Ltd.’s Rs 119 crore IPO begins today and ends on June 26. With an emphasis on government contracts for urban infrastructure including roads, bridges, flyovers, and sewage systems, the Delhi-based infrastructure EPC company is issuing 1.67 lakh new equity shares at a price range of Rs 67–71 per share.
At the high end, investors can invest Rs 14,981 by bidding for a minimum of 211 shares each lot. The GMP is Rs 15 prior to the issue launching.
Globe Civil Projects IPO FAQs
What is Globe Civil Projects IPO?
Globe Civil Projects IPO is a Mainboard IPO. The company is going to raise ₹119 Crores via IPO. The issue is priced at ₹67 to ₹71 per equity share. The IPO is to be listed on BSE & NSE.
When Globe Civil Projects IPO will open for subscription?
The IPO is to open on June 24, 2025 for QIB, NII, and Retail Investors. The IPO will close on June 26, 2025.
What is Globe Civil Projects IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Globe Civil Projects IPO?
You can apply for Globe Civil Projects IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Globe Civil Projects IPO Issue Size?
Globe Civil Projects IPO issue size is ₹119 crores.
What is Globe Civil Projects IPO Price Band?
Globe Civil Projects IPO Price Band is ₹67 to ₹71.
What is Globe Civil Projects IPO Lot Size?
The minimum bid is 211 Shares with ₹14,981 amount.
