Globe Civil Projects Limited IPO
Globe Civil Projects Limited was a mainboard IPO in the Civil Construction sector, offered at ₹67–₹71 per share to raise ₹119 crore. The issue was subscribed 86.04× overall (QIBs 99.76×, NIIs 143.15×, retail 53.72×). It listed on 1 Jul 2025 at ₹90 and closed its first day at ₹94, a listing gain of +33.0% versus the ₹71 issue price. It now trades around ₹39 (-45.7% versus the issue price).
Frequently asked questions
- How many times was the Globe Civil Projects Limited IPO subscribed?
- The Globe Civil Projects Limited IPO was subscribed 86.04× overall — 99.76× in the QIB category, 143.15× among non-institutional investors, 53.72× in retail.
- What were the Globe Civil Projects Limited IPO listing gains?
- Globe Civil Projects Limited listed on 1 Jul 2025 at ₹90, closing its first day at ₹94 — a listing gain of +33.0% versus the ₹71 issue price.
- What were the retail allotment odds for the Globe Civil Projects Limited IPO?
- Retail was subscribed 53.72×, so a single-lot application had roughly a 1.9% chance of allotment (about 1 in 54), and allotment was finalised on 27 Jun 2025.
- What was the price band and lot size of the Globe Civil Projects Limited IPO?
- The price band was ₹67–₹71 per share, with a minimum lot of 211 shares (₹14,981 at the upper band).
- Who were the registrar and lead manager for the Globe Civil Projects Limited IPO?
- KFin Technologies Limited was the registrar, and Mefcom Capital Markets was the book-running lead manager.