Globe Civil Projects IPO
Globe Civil Projects Limited (GLOBECIVIL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 01 July 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +29.0% (likely range +19% to +69%), day's high +33.5%, chance of a gain 92%. Actual: +26.8% at the open, +33.1% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 33,52,112 | 33,44,22,551 | 99.8x | |
| NII (HNI) total | 25,14,084 | 35,98,88,774 | 143x | |
| Big NII (above ₹10 lakh) | 16,76,056 | 23,28,06,639 | 139x | |
| Small NII (₹2-10 lakh) | 8,38,028 | 12,70,82,135 | 152x | |
| Retail | 58,66,196 | 31,51,49,389 | 53.7x | |
| Total | 1,17,32,392 | 1,00,94,60,714 | 86.0x |
Bids on NSE and BSE together, as published by NSE, as of 26 Jun 2025, 07:00 PM. Shares offered exclude the anchor portion. 26% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Globe Civil Projects's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Ratnaveer Precision EngineeringSep 2023 | 133x | 135x | 54.0x | 94.0x | ₹165 Cr | +25.7% | +32.0% |
| Sigachi IndustriesNov 2021 | 86.5x | 172x | 80.5x | 102x | ₹125 Cr | +249.7% | +267.2% |
| Platinum IndustriesFeb 2024 | 151x | 142x | 51.0x | 99.0x | ₹235 Cr | +31.6% | +38.2% |
| Prostarm Info SystemsMay 2025 | 104x | 222x | 39.5x | 97.2x | ₹168 Cr | +14.3% | +20.0% |
| SRM ContractorsMar 2024 | 59.6x | 215x | 47.0x | 86.6x | ₹130 Cr | +2.5% | +7.6% |
| Nova AgritechJan 2024 | 79.3x | 224x | 77.1x | 109x | ₹148 Cr | +34.1% | +40.9% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Mefcom Capital Markets | 3 | +4.8% | 67% |
Offer documents (NSE)
Frequently asked
What is the Globe Civil Projects IPO price band and lot size? ₹67.0–71.0 per share, with a lot of 211 shares, so the smallest retail bid is ₹14,981.
How many times has it been subscribed? 86.0x overall: QIB 99.8x, NII 143x, retail 53.7x.
How did it list? It opened at ₹90.0, +26.8% against the issue price of ₹71.0, and closed its first day +33.0%.
