July 1, 2025
globe civil projects ipo allotment status

The much-anticipated allotment for the Globe Civil Projects Ltd Initial Public Offering (IPO) is set to be finalised today, June 27, 2025, after the company’s public issue received robust investor demand during its subscription window from June 24 to June 26. Investors eager to know their allotment status can check it online via the NSE, BSE, or the registrar’s portal.

Strong Subscription and Listing Plans

Globe Civil Projects Ltd., a Delhi-based integrated engineering, procurement, and construction (EPC) firm, attracted enthusiastic participation across investor categories. The IPO’s overwhelming response reflects investors’ confidence in the company’s diversified project portfolio and strong financial performance.

The equity shares of Globe Civil Projects are scheduled for listing on both the BSE and NSE on July 1, 2025, marking the company’s official debut on Indian stock exchanges.

How to Check Globe Civil Projects IPO Allotment Status Online

Investors can verify their IPO allotment status through any of the following three methods:

1) Via NSE Website

  • Visit NSE India.
  • Navigate to the Invest section and click on IPO Bid Verification.
  • Select “Globe Civil Projects Ltd” from the dropdown once available.
  • Enter your PAN, application number, or DP/Client ID along with the captcha code.
  • Click Submit to view your allotment status.

2) Via BSE Website

  • Go to BSE India.
  • Under the Investors section, click on Status of Issue Application.
  • Choose Equity under issue type and select “Globe Civil Projects Ltd” from the dropdown.
  • Provide your PAN or application number, complete the captcha, and click Search to check your status.

3) Via Registrar’s Portal (Kfin Technologies)

  • Visit Kfin Technologies’ IPO allotment page.
  • Select “Globe Civil Projects Ltd” from the list of active IPOs.
  • Input your PAN, application number, or DP/Client ID and captcha code.
  • Click Submit to display your allotment details.

What Happens Post-Allotment?

Once the allotment is finalised, successful applicants will see shares credited to their demat accounts by June 28-29, 2025. Refunds for unsuccessful bidders are expected to be processed simultaneously. Investors should ensure their bank mandates remain active until refunds or share credits are received.

Company Profile: Globe Civil Projects Ltd

Founded in 2002, Globe Civil Projects Ltd is an established EPC player headquartered in New Delhi. The company executes infrastructure and non-infrastructure projects such as roads, railways, airports, hospitals, and residential complexes across 11 Indian states. As of March 31, 2025, the firm holds a strong order book worth ₹669.1 crore, highlighting healthy business prospects.

For FY2024, Globe Civil Projects reported revenue of ₹334.81 crore and net profit of ₹15.38 crore, registering a sharp rise compared to ₹235.17 crore revenue and ₹4.85 crore profit in FY2023—underscoring robust growth momentum ahead of its stock market debut.

Key Risks Investors Should Note

  • Competition: The EPC sector is highly competitive with thin margins.
  • Input Cost Volatility: Fluctuations in raw material prices can impact profitability.
  • Legal Overhang: A pending civil suit involving ₹91 lakh in undisclosed loans against promoters could weigh on investor sentiment.

Investors should evaluate these factors carefully before considering post-listing trades.

Disclaimer:- This article is for informational purposes only and does not constitute financial advice or a recommendation to buy, sell, or hold any securities. Readers are advised to consult with certified financial advisors or conduct their own research before making investment decisions. The information presented here is based on publicly available data as of June 27, 2025.