Globe Civil Projects Limited IPO

Company Overview

Established in 2002, Globe Civil Projects Limited specializes in infrastructure development and has executed projects across 11 Indian states. The company focuses on three major sectors:

1. Transport and Logistics

2. Social and Commercial Infrastructure

3. Non-Infrastructure (including Housing and Commercial Offices)

Noteworthy projects include:

1. Construction of indoor stadiums for the Commonwealth Games 2010

2. Ward blocks for G.T.B Hospital in New Delhi

3. Infrastructure for Indian Institute of Management, Noida

Objectives of the IPO

The company intends to utilize the IPO proceeds for the following purposes:

1. Meeting working capital requirements

2. Capital expenditure towards the purchase of construction equipment and machinery

3. General corporate purposes Key Strengths

1. Two Decades of Experience: Proven track record in executing complex infrastructure projects across multiple states.

2. Healthy Order Book: An order pipeline worth nearly ₹893 crore offers visibility for the next three years.

3. Established Client Relationships: Ties with reputed government and public sector clients provide stability and repeat business.

4. CPWD Class-I Registration: Enables participation in large-scale government tenders and projects.

Risks and Concerns

1. Dependence on Government Projects: Revenue is largely tied to government contracts, making it sensitive to policy changes and delays.

2. Working Capital Intensive: The nature of operations demands significant upfront funding, which may stress liquidity.

3. Client Concentration: A high share of revenue from a few major clients can increase risk if contracts are lost or delayed.

Globe Civil Projects IPO

• IPO Dates: 24 to 26 Jun 2025

• Price Band: ₹67 to ₹71 per share

• Lot Size: 211 Shares

• Total Issue Size: ₹119.00 Crs

• Retail Quota: 35%

• GMP: 18% (for reference only)

Allotment Link

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