What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Globe Civil Projects Limited IPO allotment date?

The basis of allotment for Globe Civil Projects Limited IPO is scheduled to be finalized on 27 Jun 2025.

Where can I check Globe Civil Projects Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 28 Jun 2025.

Globe Civil Projects Limited

ListedMainboard

Infrastructure & Construction · NSE / BSE

Founded in 2002, Globe Civil Projects Limited is an Engineering, Procurement, and Construction (EPC) company based in New Delhi. The company has a strong presence across 11 Indian states, having successfully completed 37 projects in regions such as Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Uttarakhand, and Himachal Pradesh. Currently, the company is handling 12 ongoing projects, including five focused on social and commercial infrastructure. As of August 31, 2024, Globe Civil Projects has an order book valued at ₹8,929.45 million, consisting of 14 projects. These include six social and commercial infrastructure projects, three related to transport and logistics, four housing projects, and one commercial office project. The company operates with a team of 112 permanent employees, supporting its ongoing efforts in delivering quality construction and infrastructure solutions across various sectors.

Price Band

₹67 – ₹71

Issue Size

₹119 Cr

Lot Size

211 shares

GMP

₹27

+38.0%

Est. Listing

₹98

at current GMP

Subscribed

86.04x

overall

Open

24 Jun 2025

26 Jun 2025

Allotment

27 Jun 2025

Refund

28 Jun 2025

Demat Credit

29 Jun 2025

Listing

1 Jul 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Globe Civil Projects Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

27 Jun 2025

Basis finalization

Refunds Initiate

28 Jun 2025

Mandate release

Demat Credit

29 Jun 2025

Shares in demat

Listing Debut

1 Jul 2025

Trading begins

How to Check Globe Civil Projects Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Globe Civil Projects Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Globe Civil Projects Limited Public Issue & Market Profile

Globe Civil Projects Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹119 Crores. The shares are offered at a price band of ₹67 to ₹71 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 211 shares (approx. ₹14,981 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-29, while un-allotted funds or UPI block mandates will be released on 2025-06-28.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.