February 1, 2025
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Globe Civil Projects IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
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- GMP
- Reviews
- Subscription
- Allotment
What is the latest news relating to Globe Civil Projects IPO?
The IPO has received sebi nod on 16 January 2025 and now the company will enter the capital market on 10th February 2025. The IPO will close on 12th February 2025
What is the latest GMP of Globe Civil Projects IPO?
Click
Globe Civil Projects IPO Subscriptions
Price Rs. ? Lot ? shares, Net Rs. ? Crore |
|||||
| QIB | B HNI X | S HNI X | NII X | RII X | Total X |
| Applications: / (?x) Amount wise Bids recd. Rs. ? Crore |
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What are the promoters of Globe Civil Projects IPO?
THE PROMOTERS OF THE COMPANY ARE VED PRAKASH KHURANA, NIPUN KHURANA AND VIPUL KHURANA
What are the Objects of Globe Civil Projects IPO?
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects
- Funding working capital requirements of the Company;
- Funding capital expenditure requirements towards purchase of equipment/ machineries; and
- General corporate purposes.
What is the business of Globe Civil Projects?
Global Civil Projects ltd is an integrated engineering, procurement and construction (“EPC”) company headquartered in New Delhi. It has undertaken projects in eleven (11) states of India, namely, Uttar Pradesh, Haryana, Delhi, Maharashtra, Andra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Uttarakhand, and Himachal Pradesh. It is into execution and construction of infrastructure projects comprising of Transport and Logistics projects, Social and Commercial projects and non-infrastructure projects comprising of commercial offices and housing. While its primary focus and strength had been deeply rooted in construction of education institution buildings and railway infrastructure, it has diversified in undertaking specialized infrastructure and non-infrastructure projects, such as railway bridges, airport terminal, elevated railway terminal and railway bridges and hospitals. Additionally, it also undertakes trading of goods, particularly TMT steel. Its revenue from operations from construction project receipts has increased from Rs.2,536.17 million in Fiscal 2022 to Rs.2,932.67 million in Fiscal 2024 at a CAGR of 7.53%. Its revenue from trading of TMT steel has increased from Rs.320.92 million in Fiscal 2022 to Rs.388.95 million in Fiscal 2024 at a CAGR of 10.09%.
The company also provides mechanical, electrical and plumbing (“MEP”), architectural and structural work, HVAC, firefighting and fire alarm systems. It has successfully completed thirty-seven (37) projects in the last two decades. Currently, it has twelve (12) on-going projects, including five (5) Social and Commercial Infrastructure projects, three (3) Transport & Logistics projects, three (3) Residential Building projects and one (1) Office Building project. It works with a number of reputed clients and are associated with some of the marquee construction projects in India. As of August 31, 2024, its Order Book was Rs.8,929.45 million. The company is also registered Class-1 Super contractor with the Central Public Work Department (“CPWD”), Government of India to tender for any work up to ₹6,500 million. It has in the past also entered into joint ventures with established and respected companies to strengthen its eligibility, both financial and technical, for participating in high value projects as well as cater to a wider range of project segments.
For more information, click : www.globecivilprojects.com
Globe Civil Projects IPO GMP, Particulars & Guidance
| Globe Civil Projects IPO Details | |
| IPO opens on | 2025 |
| IPO closes on | 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 19000000 Shares / Rs ? Crore |
| * Fresh Issue | 19000000 Shares / Rs – Crore |
| * Offer for Sale | – Shares / Rs – Crore |
| Face Value per share: | Rs. 10 |
| Price Band | Rs. ? |
| Retail Discount | Rs 0 per share |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | ? Shares |
| Listing will at | BSE, NSE |
| Shares offered in this IPO? |
Shares | Rs. in Crore |
| QIB (50 %) | ||
| NII (15 %) | ||
| RII (35 %) | ||
| Employees | ||
| Total Shares | ||
| Retail portion will be oversubscribed by | ? Forms. | |
| How to apply in this IPO? | Amount Rs. |
|
| Min Retail Application | ||
| Small HNI (Min) application | ||
| Small HNI (Max) application | ||
| Big HNI Application | ||
| What is the timetable of this IPO? | |
| IPO opens on | 2025 |
| IPO Closes on | 2025 |
| IPO Allotment on | 2025 |
| Unblocking of Asba | 2025 |
| Credit of Shares | 2025 |
| Listing of Shares | 2025 |
| Registered Office of the company D-40, Okhla Industrial Area, Phase-I, New Delhi-110020, India |
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| The Lead Managers IMEFCOM CAPITAL MARKETS ltd |
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| Registrar to IPO | |
| Kfin Technologies ltd |
| Globe Civil Projects IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs. in Crore | Rs.in Cr | Rs. | % | |
| 2021-22 | 286.78 | 5.20 | 1.21 | 9.05 |
| 2022-23 | 235.17 | 4.85 | 1.13 | 7.77 |
| 2023-24 | 334.81 | 15.38 | 3.58 | 19.80 |
| Book Value of the Share on 31.03.2024 |
18.10 | |||
| BV of the Share after the IPO |
Rs. | ? | ||
| Offer Price at Cap | Rs. | ? | ||
| Ratio Analysis | |
| Price /EPS | ? |
| Price/Book Value Ratio | ? |
| Price/BV after IPO | ? |
How Globe Civil Projects IPO compares with the Peers?
Peer Comparison.
| As on date of DRHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
| Global Civil Projects | 10 | 334.81 | ? |
| B.L. Kashyap | 10 | 1256.76 | 45.65 |
| Ceigall India | 5 | 3066.19 | 19.86 |
| PSP Projects | 10 | 2530.00 | 20.65 |
# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Globe Civil Projects IPO Guidance by Paresh Gordhandas, CA & Research Analyst.
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