IPO Details
1) Bidding date- 24.06.2025 – 26.06.2025
2) Minimum investment – 14981/ 1 Lot/ 211 shares
3) Price range – 67-71
4) Issue size – 119.00cr
GLOBE CIVIL PROJECTS IPO DATE
1) IPO Open date – 24.06.2025
2) IPO Close date – 26.06.2025
3) Basic of Allotment – 24.06.2025
4) Amount Refunds – 30.06.2025
5) IPO listing date – 01.07.2025
Globe Civil Projects is Striving toward a valuation of ₹119.00 crores when it launches its initial public offering (IPO) through a book-building procedure. The company will issue a new batch of 1.68 crore equity shares in this sale. The IPO’s subscription period will open on June 24, 2025, and end on June 26, 2025. On June 27, 2025, the final allocation is anticipated to be revealed.
“The business to issue its shares on the BSE and NSE, with July 1, 2025, as the tentative listing date. The pricing range for the IPO is ₹67 to ₹71 per share. The minimum bid for individual investors is 211 shares, which translates to a ₹14,137 investment.
“To reduce the risk of missing out due to oversubscription, it’s recommended to place your bid at the cutoff price, which is around ₹14,981. For small non-institutional investors , the minimum application requires 14 lots, or 2,954 shares, costing ₹2,09,734. Meanwhile, big non-institutional investors need to apply for at least 67 lots, or 14,137 shares, amounting to ₹10,03,727. Investors should refer to the Red Herring Prospectus (RHP) for complete details about the IPO.”
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