Globe Civil IPO Allotment Today: Check Status, 25% GMP, Listing July 1

6/27/2025 10:14:00 pm

Globe Civil Projects IPO Allotment Finalized: Steps to Check Status, GMP at 25%

June 27, 2025 | 3:30 PM IST

Mumbai: The allotment for Globe Civil Projects Ltd.’s ₹119 crore IPO – oversubscribed 86 times – is being finalized today (June 27). Investors can check share allocation status via the registrar KFin Technologies, BSE, or NSE. Shares will list on both exchanges on July 1, 2025.

IPO Snapshot

Metric	Details
Issue Size	₹119 crore (Fresh Issue)
Price Band	₹121–128 per share
Subscription	86.49 times (QIBs: 178x, NIIs: 206x, Retail: 41x)
GMP (Grey Market)	₹30–32 (25% premium over upper band)
Listing Date	July 1, 2025

Allotment Process & Timeline

Basis of Allotment: Finalized today by KFin Technologies.

Refunds: Rejected applications will receive refunds by June 28.

Crediting of Shares: Successful allottees’ Demat accounts will reflect shares by June 30.Listing

Gains: Analysts project a 20–30% debut based on strong GMP and subscription demand.

How to Check Allotment Status (Step-by-Step)

Option 1: Registrar Portal (KFin Tech)

Visit KFin Tech IPO Status.

Select "Globe Civil Projects Limited" from the dropdown.

Enter:

PAN (Primary Document) or

Application Number (e.g., AP123456) or

DP Client ID (Demat account number).

Click "Submit" to view allotment status.

Option 2: NSE Website

Go to NSE IPO Status Portal.

Select "Equity" → "Globe Civil Projects" (Symbol: GLOBE).

Enter Application Number or PAN.

Click "Search".

Option 3: BSE Website

Access BSE IPO Status.

Choose:

Issue Type: "Equity"

Issue Name: "Globe Civil Projects Limited".

Enter PAN (mandatory).

Click "Submit".

The Grey Market Premium (GMP) of ₹30–32 signals robust secondary market demand. Key drivers:

Sector Appeal: Infrastructure projects post-election budget boosts.

Subscription Surge: NII/QIB confidence (206x/178x).

Peer Comparison: 25% GMP exceeds recent construction IPOs (avg. 12–18%).

Post-Allotment Steps

Successful Applicants: Shares credited to Demat accounts by June 30.

Unsuccessful Bidders: Refunds processed via:

ASBA: Blocked amounts released by June 28.

Non-ASBA: Direct bank refunds by June 29.

Trading Strategy: Market experts advise holding for medium-term gains, citing the company’s ₹287 crore order book in road/housing projects.

Official Advisory

Globe Civil Projects confirmed:

"Allotment data will be uploaded by 6 PM IST today. Investors must verify status only through BSE, NSE, or KFin Tech portals – avoid third-party sites."

Listing Day: Shares go live at 10:00 AM IST on July 1.

Data Source: BSE, NSE, KFin Tech, Market Observers

Disclaimer: The content on PulseNext is for informational purposes only and not investment advice. Stock market investments carry risks, including loss of capital. Always do your own research or consult a financial advisor before investing.