Mumbai: The IPO of Globe Civil Projects Limited received a huge response from investors. It opened for subscription on June 24 and closed on June 26. Now, all eyes are on the IPO allotment, which is expected to be finalised today, June 27.
Once the allotment is completed, the company will credit shares to the Demat accounts of successful bidders. Refunds will be issued to those who did not get shares.
IPO GMPs: Globe Civil, HDB Financial, Kalpataru IPOs In Focus, Grey Market Signals Strong Investor InterestThe IPO listing date is likely July 1, 2025, and shares will be listed on both BSE and NSE.
How to Check IPO Allotment Status Online
You can check your Globe Civil Projects IPO allotment status through the BSE website or the registrar’s site (Kfin Technologies).
On BSE Website
Go to: https://www.bseindia.com/investors/appli_check.aspx
Select ‘Equity’ under Issue Type
Choose ‘Globe Civil Projects Limited’ in Issue Name
Enter your Application Number or PAN
Tick ‘I am not a robot’ and click Search
You will see your allotment status on the screen.
Globe Civil Projects IPO Opens On June 24, Strong GMP Boosts SentimentOn Kfin Technologies Website
Go to: https://kosmic.kfintech.com/ipostatus/
Select ‘Globe Civil Projects Limited’
Enter Application No, Demat ID, or PAN
Enter the Captcha code and hit Submit
Your status will be shown right away.
Globe Civil Projects IPO GMP Today
According to market experts, the grey market premium (GMP) for Globe Civil Projects IPO is Rs 19 per share.
The IPO issue price was Rs 71, so the shares are expected to list around Rs 90, which is a 26.76 percent premium.
Kalpataru IPO Sees 14% Subscription On Day 2, Retail Investors Lead With 53% BookingIPO Subscription Details
The Globe Civil Projects IPO saw strong demand:
Total Subscription: 86.04 times
Retail Investors: 53.72 times
QIBs: 99.76 times
NIIs: 143.15 times
The company raised Rs 119 crore through the IPO, all from a fresh issue of 1.68 crore shares.
MEFCOM Capital Markets is the lead manager, and Kfin Technologies is the IPO registrar.
(Disclaimer: The information provided in this article is for informational purposes only and should not be considered as investment advice or a recommendation to buy, sell, or hold any securities. Grey market premiums (GMPs) are unofficial, unregulated indicators and can be highly volatile. Investors are strongly advised to consult with certified financial advisors before making any investment decisions. Neither the author nor the platform is responsible for any financial losses arising from investments made based on this information.)
