# Globe Civil Projects Ltd IPO: 10 Key Things to Know Before Investing > Globe Civil Projects Ltd, a seasoned player in the infrastructure development space, is all set to launch its INR 119 crore Initial Public Offering (IPO) from 24 June to 26 June 2025. With over two decades of experience in executing EPC-based civil infrastructure projects, the company presents a compelling opportunity for investors looking to tap into India's growing urban infrastructure story. Here are the 10 key things you should know before investing in Globe Civil Projects Ltd IPO: - **URL**: https://www.arihantplus.com/blogs/ipo/globe-civil-projects-ltd-ipo-2025 - **Category**: IPO - **Author**: [Arihant Team](https://www.arihantplus.com/author/arihant-team) - **Published**: 2025-06-23 - **Updated**: 2026-11-14 - **Reading time**: 4 minutes read - **Tags**: IPO Analysis, IPO Guide, June 2025 IPOs, construction sector IPO --- ## 1. What makes Globe Civil Projects Ltd a good opportunity? Globe Civil Projects Ltd has built a strong reputation for executing complex infrastructure projects like roads, bridges, flyovers, and sewerage systems, especially for government bodies and municipal corporations. Having completed over 55 projects since inception, and with a robust order book of over INR 900 crore, the company is well-positioned to benefit from the government's continued push toward infrastructure development. Its solid financials, with a FY24 EBITDA margin of 33.2% and a 3-year revenue CAGR of \~8%, make it an attractive option in the EPC sector. ## 2. What are the IPO dates, price band, and issue size? Here are the key details of the IPO: * **IPO dates:** June 24th - 26th, 2025 * **Listing date:** July 1st, 2025 * **Price band:** INR 67 - INR 71 per share * **Total issue size:** INR 119 Cr * **Face value:** INR 10 per share * **Listing Exchange:** BSE, NSE * **Lot Size:** 211 Shares * **Promoters:** Ved Prakash Khurana, Nipun Khurana, and Vipul Khurana ## 3. What is the minimum investment for the IPO? The minimum investment required to apply for the Globe Civil Projects IPO is INR 14,137, based on the lot size of 211 shares at the lower price band of INR 67 per share. However, to maximise your chances of allotment, we recommend applying at the upper price band, which would require INR 14,981 (211 shares at INR 71 per share). ## 4. What does the company do? Founded in 2002 and now going public, Globe Civil Projects Ltd is a Delhi-based company focused on EPC (Engineering, Procurement, and Construction) contracts for civil infrastructure projects. * **Services:** Roads, flyovers, bridges, sewerage systems, and municipal-level infrastructure. * **Operations:** Primarily caters to public sector and urban local bodies across multiple Indian states. * **Order Book:** INR 941 crore as of August 2023. Their long-standing government partnerships and CPWD Class-I contractor status allow them to bid for large-scale public infrastructure projects. ## 5. What is the objective of the IPO? The primary objectives of the Globe Civil Projects IPO are: * Funding working capital requirements of the company * Capital expenditure towards the purchase of construction equipment/machinery * General corporate purposes ## 6. How much is reserved for retail and other investors? While the exact allocation details are not disclosed, a typical IPO structure would include: * **QIB Shares Offered (QIBs):** Not less than 50% of the Issue * **Retail Shares Offered:** Not more than 35% of the Issue * **NII (HNI) Shares Offered:** Not more than 15% of the Issue ## 7. What are the key strengths and risks? **Strengths:** * Over 20 years of experience in executing large-scale infrastructure projects * FY24 revenue surged by 60%; PAT grew by 185% YoY * Robust INR 941 Cr order book ensuring future revenue visibility * Well-connected with reputed public sector clients and government bodies * CPWD Class-I contractor status adds credibility **Risks:** * Heavy dependence on government projects - policy changes or budget delays could impact revenue * Capital-intensive business with high working capital requirements * Exposure to regulatory/environmental challenges * Project execution risks due to site-level delays or pending approvals * High client concentration may affect cash flow if any major project is delayed ## 8. What is the financial performance of Globe Civil Projects Ltd? The company has shown steady growth over the years (INR Cr): | **Period Ended** | **31 Dec 2024** | **31 Mar 2024** | **31 Mar 2023** | **31 Mar 2022** | | -------------------- | --------------- | --------------- | --------------- | --------------- | | **Assets** | INR 374.6 Cr | INR 317.83 Cr | INR 275.04 Cr | INR 229.79 Cr | | **Revenue** | INR 256.74 Cr | INR 334.81 Cr | INR 235.17 Cr | INR 286.78 Cr | | **Profit After Tax** | INR 17.79 Cr | INR 15.38 Cr | INR 4.85 Cr | INR 5.20 Cr | ## 9. What is the allotment and listing timeline? * **Basis of allotment:** June 27, 2025 * **Refund initiation:** June 30, 2025 * **Shares credited to demat accounts:** June 30, 2025 * **Listing date:** July 1, 2025 ## 10. Should you invest in Globe Civil Projects Ltd IPO? Globe Civil Projects Ltd brings to the table a solid track record, healthy financial performance, and a secure future pipeline of government-backed projects. While the growth outlook is positive, the business is highly dependent on public sector spending and project execution efficiency. Investors with a medium-to-long-term horizon and appetite for infrastructure sector exposure may find this IPO worth considering. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before investing. --- *Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. This content is for educational purposes only and does not constitute investment advice. Arihant Capital Markets Ltd. is a SEBI-registered stock broker.*