Globe Civil Projects IPO Price Band has been set between 67 and 71 per equity share, with a face value of 10. The lot size for the globe Civil Projects IPO Stands at 211 Equity Shares, and Additional Shares can be bought in multiples of 211.
The Globe Civil Projects IPO Has Allocated A Maximum of 50% of the public issue shares for Qualified Institutional Buyers (QIB), A Minimum of 15% for non-infustonal investors (nii), and AT Least 35% of the Offering is earmarked for retail investors.
The Basis for the Allotment of Shares for the Globe Civil Projects IPO will be determined on Friday, June 27, and the company will process refunds and starts Accounts of Investors on that Same Day, Following the refunds. The shares of globe Civil Projects are anticipated to be listed on the bse and nse on tuesday, July 1.
Here are 10 key things from the red herring principal (rhp) that investors might want to know before subscribing to the issue.
Globe Civil Projects IPO – Promoters
The company’s promoters include Ved Prakash Khurana, Nipun Khurana, and Vipul Khurana. Ved Prakash Khurana Owns 5,773,659 Equity Shares, while Nipun Khurana and Vipul Khurana Each Possess 16,045,705 Equity Shares. These Amounts REPRESENT 13.44%, 37.35%, and 37.35%of the company’s pre -Sue Issued, Subscribed, and Paid-up equity Share Capital, Respectly.
Globe Civil Projects IPO – Peers
The company’s publicly tried competitors include bl kashyap and sons Ltd (which has a P/e of 29.57), Ceigall India Ltd (with a P/E of 12.88), PSP Proctor Ltd (Shoving A P/E of 20.38) Capacit’e infraprojects Ltd (reporting a P/e of 20.56), and ahluwalia contracts (India) Ltd (Featuring A P/E of 16.41).
Globe Civil Projects IPO – Business
The company is an integrated engineering, procurement, and connection (EPC) Firm Based in New Delhi. The Organization Specialies in Executing and Constructing Infrastructure Projects that Include Transport and Logist, Social and Commercial Projects, As Well as Non-Non-Non-Non-Non-Non-Non-Non-Non-Non-COMMERCIL PROJECTS Commercial Office Buildings and Housing Developments.
Although the company has tradedly excelled in Constructing Educational Institution Facilites and Railway Infrastructure, it has expanded its expensive set to include informationed infrastructure and Non-infrastructure projects, Such as Railway Bridges, Airport Terminals, Elevated Railway Terminals, and Hospitals.
Globe Civil Projects IPO – Order Book
The company has successfully completed projects in 11 Indian states, Including Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajashan, Uttarakhand, and Himachal Pradesh.
Globe Civil Projects Limited Has Finalized A Total of 37 Projects. At present, the company is engaged in 12 ongoing projects, which include five social and commercial initiatives.
As of August 31, 2024, The Company’s Order Book Totals 8,929.45 million, which encompasses 14 projects: 6 infrastructure – social and commercial projects; 3 infrastructure – transport and logistics projects; 4 non -infrastructure – Housing projects; And 1 non -infrastructure – Commercial Office Project.
Globe Civil Projects IPO – Financials
The company Announced a Profit of 15.4 Crore for the fiscal year that concluded in March 2024, representing a year-on-yar growth of 217 percen, while it has increased by 42.3 percent to Reach 332.2 Crore. For the nine-month period ending in December 2024, The Profit was 17.8 Crore, with Revenues Amouning to 254.7 Crore.
Globe Civil Projects IPO – Group Company
The firm comprises a group company that includes earthcon systems India private limited.
Globe Civil Projects IPO – Geographical Presence
The firm is based in new delhi and has steadily grown their footprint across Eleven (11) States in India. At present, we are operating in the states of Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Rajasthan, Rajasthan, and Himachal Pradhand.
Globe Civil Projects IPO – Employees
As of August 31, 2024, Globe Civil Projects Employers A Permanent Staff of 112 Individuals.
Globe Civil Projects IPO – Key Risks
Some of the key risks are as follows;
- As of March 31, 2025, The Consolidated Order Book of the Company Stood at 6,691.02 Million. The projects captured in their order book could face delays, modifications, or cancellations due to factors outside their control, or clients might not full their payment obligations, who Significantly impact their cash flow, revenues, or rights.
- Delays or defaults in the payment of statutory duas could lead to penalties, consuteously affected the financial condition of the company.
Lock-in of equity shares allotted to anchor investors
Half of the equity shares allocated to each anchor investment in the anchor investors portion will be subject to a lock-in period of ninety (90) Days Starting from the date of allotment, who is the front Locked-in for Thirty (30) Days from the date of allotment.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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