Price Band
₹67 - ₹71
Lot Size
211
Issue Size
₹119 Cr
GMP
N/A
Subscription
80.97x
Analyzing...
IPO Schedule
1
Open
24 Jun 2025
2
Close
26 Jun 2025
3
Allotment
-
4
Listing
1 Jul 2025
About Globe Civil Projects
Globe Civil Projects is engaged in civil construction, specializing in infrastructure development projects. The company focuses on projects related to roads, highways, bridges, and other related infrastructure.
Key Strengths
- Strong ROE of 21.95% indicates efficient utilization of equity.
- Experienced management team with a proven track record in infrastructure development.
- Established relationships with key clients and suppliers.
- Focus on a growing sector with significant government investment.
- Healthy order book providing revenue visibility in the near term.
Risk Factors
- •Dependence on government contracts exposes the company to policy changes and payment delays.
- •Intense competition in the civil construction industry could impact profitability.
- •Fluctuations in raw material prices can affect project margins.
Valuation Analysis
The IPO is priced at a P/E of 19.83, which appears reasonable compared to industry peers, given the company's growth prospects and profitability. Investors should carefully evaluate the risks and rewards before investing.
IPO Details
ExchangeNSE
SegmentMAINBOARD
ISININE0V3U01015
NSE SymbolGLOBECIVIL
Face Value₹10
Lot Size211
Issue Size₹119 Cr
Key Metrics
ROE21.95%
ROCE23.07%
P/E Ratio19.83
Industry P/E20
EPS3.58
PAT Margin4.59%
Debt/Equity1.60
Growth & Quality
ProfitableYes ✓
Subscription
Total6.97x
Documents
RHP not available
Key Dates
Open Date24 Jun 2025
Close Date26 Jun 2025
Listing1 Jul 2025