With an estimated GDP growth rate of 6.50%, India remains one of the fastest-growing economies. The construction sector is a major contributor to the national growth, with its estimated Gross Value Added to the national economy expected to reach 9.1%, which is ₹15.6 trillion by FY25.
Globe Civil Projects Limited, a major player in this industry, is expected to launch its IPO. The lead manager of the Globe Civil Projects IPO is Mefcom Capital Markets Limited. Moreover, the registrar of the issue is Kfin Technologies Limited.
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Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.
The company profile of Globe includes the following milestones.
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This section explores in detail the Globe Civil Projects IPO share price along with some other key metrics.
The Globe Civil Projects IPO is expected to fulfil its IPO journey based on the timeline given below.
The Globe Civil Projects IPO size is crucial information that investors cannot miss.
The proceeds of the IPO are set to be used in a particular manner. Understanding the allocation of IPO proceeds can aid optimal analysis.
Some other details of the IPO, including the Globe Civil Projects IPO price, are discussed in this section.
Along with the Globe Civil Projects IPO GMP, review, size, etc., the categorisation of investors and resultant category-specific policy is also an impactful insight.
The primary takeaways from the financial statements of the company are given in this section.
The ratios give a comprehensive idea about the financial health of a company.
Comparing the highest and lowest P/E ratios of the company with those in the industry can aid in optimal understanding.
The day-wise GMP trend of the Globe Civil Projects IPO is discussed below.
The advantages and risks related to the IPO are discussed below in detail.
Strengths
More than 20+ years of experience.
Consistent increase in revenue and profit.
Reputed client base including government and blue-chip companies.
Strong ongoing project pipeline.
Risks
A significant chunk of revenue from operations was derived from the Central Public Works Department in 2024, 2022 and 2023.
Delay, modification or cancellation of projects might endanger business.
Significant chink of projects is acquired through joint ventures. For instance, in 2024, four construction projects were undertaken through joint ventures.
The Globe Civil Projects IPO is about to hit the stock market. However, its performance in the stock market can be gauged only through its fundamentals and IPO metrics. Investors must understand the key IPO takeaways before investing.
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