Archive · 19 Jun 2025
Globe Civil Projects IPO Set to Launch with Positive Market Sentiment
A construction company called Globe Civil Projects is planning to sell shares to the public for the first time, which is called an IPO.
The IPO will start on June 24.
The company hopes to raise money to pay for new equipment, projects, and day-to-day business costs.
Investors seem interested, according to the current price expectations.
The shares are expected to be available for trading on stock exchanges starting July 01.
Globe Civil Projects' IPO will open for bidding on June 24.
The company aims to raise ₹119 crore through a fresh issue.
Proceeds will fund working capital, capex, and general corporate purposes.
The Grey Market Premium (GMP) is ₹07, indicating positive sentiment.
Shares are expected to list on BSE and NSE on July 01.
- Who
- Globe Civil Projects, an EPC company.
- What
- Globe Civil Projects will open an IPO to raise ₹119 crore.
- When
- Bidding opens June 24 and the IPO is expected to list on July 01.
- Where
- India
- Why
- To fund working capital, capex, and other corporate purposes.
Analysts
Globe Civil Projects
Financial Health
Analysts
D/E is relatively higher than its peers
Globe Civil Projects
N/A
- Company
- Globe Civil Projects
- IPO Amount
- ₹119 crore
- Share Type
- Fresh issue of 1.68 crore shares
- GMP
- ₹07
- Listing Date
- July 01
Sources
Lumino set for Rs 1000 crore initial public offering with mix of fresh issue and offer for sale - Telegraph India
Upcoming IPO: Sunshine Pictures, Lumino Industries, M&B Engineering get SEBI's nod to launch IPOs
