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.

What is the estimated listing price for Globe Civil Projects Limited IPO?

Based on the upper price band of ₹71 and current GMP of ₹27, the estimated listing price is ₹98 (approx. 38.0% gain).

What is the expected profit per lot for Globe Civil Projects Limited IPO?

With a lot size of 211 shares and current GMP of ₹27, expected profit per retail application lot is approximately ₹5,697.

IPO GreyPremiumLIVE

Grey Market Intelligence

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

Live Grey Market Premium

Globe Civil Projects Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹27+38.0%

Issue Price (Upper)

₹71

Band: ₹67 – ₹71

Estimated Listing Price

₹98

Upper price + GMP

Lot Size

211 shares

Min investment ₹14,981

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹27	38.0%	₹98
30 Oct 2026	+₹27	38.0%	₹98
29 Oct 2026	+₹24	34.2%	₹95

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 & Pricing Context:

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.

Basis of Allotment & Listing Timeline:

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 is Globe Civil Projects Limited IPO GMP today?

The latest grey market premium for Globe Civil Projects Limited IPO is ₹27, which indicates an expected listing price of ₹98.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.