If you have placed a bid for the Globe Civil Projects IPO, which opened on June 24 and closed on June 27, your wait is nearly over. The allotment of shares is expected to be finalised on June 27, while the listing is scheduled for July 1.
The price band for the IPO was set at Rs 71 per share.
Here’s a quick and easy guide to check your IPO allotment status online.
Globe Civil Projects IPO: How to check IPO allotment status
Via BSE Website
- Go to the BSE IPO allotment status page.
- Select ‘Equity’ as the issue type.
- From the dropdown, choose ‘Globe Civil Projects IPO’.
- Enter your application number or PAN.
- Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
Via NSE Website
Visit the NSE IPO application tracking page.
Then, click on ‘Equity and SME IPO Bid Details’.
Select ‘Globe Civil Projects IPO’ from the list.
Provide the details such as your application number and PAN.
Submit to view your allotment status.
Via the Registrar’s Website
Go to the official site of the registrar Kfin Technologies.
Select ‘Globe Civil Projects IPO’ from the dropdown.
Choose any of the following: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
Fill in the necessary details and press Search to check your status.
Globe Civil Projects IPO: Subscription snapshot
The Globe Civil Projects IPO by the end of the bidding window, the overall subscription stood at 80.97 times.
Qualified Institutional Buyers (QIBs): 82.13 times
Non-Institutional Investors (NIIs): 143.14 times
Retail Investors: 53.67 times
Globe Civil Projects IPO: Grey Market
The grey market premium (GMP) for Globe Civil Projects IPO is currently around Rs 19, suggesting a likely listing price of Rs 90. This translates to a potential gain of around nearly 27% higher from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.
Globe Civil Projects IPO: IPO details
The public issue of Globe Civil Projects IPO was open for subscription from June 24 to June 26, with the company aiming to raise Rs 119 crore through the initial public offering. The price band for the issue was fixed at Rs 71 per share.
The issue is being managed by MEFCOM Capital Markets, while Kfin Technologies is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on both the indices NSE, BSE on July 1.