Globe Civil Projects IPO

NSELot: 211

LISTEDMAINBOARD
Issue Price71
Listing91.1
Current53.5
Price Band
67 - ₹71
Lot Size
211
Issue Size
₹119 Cr
GMP
0
Subscription
6.97x

IPO Schedule

1
Open
24 Jun
2
Close
26 Jun
3
Allotment
-
4
Listing
1 Jul

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.

Subscription Status

QIB
8.06x
NII
8.17x
Retail
5.84x
CategoryDay 3Day 2Day 1
QIB82.13x8.15x8.06x
NII143.14x21.32x8.17x
Retail53.67x16.73x5.84x
Total80.97x15.26x6.97x

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.