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Globe Civil Projects Ltd

By Gurminder Mangat , 1 July 2025
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Globe Civil Projects Soars Over 28% on Debut, Signals Strong Demand for Infrastructure-Focused IPOs

Globe Civil Projects Ltd made a striking debut on Indian stock exchanges Tuesday, with its shares surging over 28% above the issue price of Rs. 71. The stock opened at Rs. 91.10 on the BSE and Rs. 90 on the NSE, reflecting robust investor enthusiasm for infrastructure-driven growth stories. With a post-listing valuation of Rs. 543.44 crore, the company’s Rs. 119-crore IPO, which closed with an impressive 86-times oversubscription, is being hailed as one of the more successful recent listings in the civil engineering and construction segment.

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