Globe Civil Projects IPO Listing Date Today Live: Globe Civil Projects has listed at a 28% premium to the issue price. The shares have listed at Rs 91.10 per share on BSE and Rs 90 per share on NSE. The issue price was Rs 71 per share.
Globe Civil Projects IPO Subscription
Globe Civil Projects IPO was subscribed 80.97 times. The retail category was subscribed 53.67 times while the QIB segment saw subscription of 82.13 times. The NII category got subscribed 143.14 times. The bulk of the subscription was seen in the last day of the IPO.
Globe Civil Projects IPO: Company details
Globe Civil Projects IPO was a book building issue of Rs 119.00 crores. It is a fresh issue and there is no offer for sale. A total of 1.68 crore shares are on offer. The issue was open between June 24-26. The issue price was set at Rs 71 per share and the minimum lot size comprised of 211.
The allotment for the IPO was finalised on June 27, 2025. The minimum investment by retail investors was Rs 14,137. It was engaged in educational institute projects till FY24 and then diversified thereafter. It now handles specialized infrastructure and non-infrastructure projects as well. These include the likes of railway bridges, airport terminals and hospitals.
Globe Civil Projects IPO: Financial performance
A look at the financial performance of Globe Civil Projects so far. The company’s profit performance has been fluctuating in the last 3 financial years. In FY24, the company posted a profit of Rs 15.38 crore. For the 9 months of FY25, ending December 31, 2024, its net profit stands at Rs 17.79 crore.