Globe Civil Projects Lists at 28.3% Premium

Mumbai, 1 July 2025: Shares of Globe Civil Projects Limited made a strong debut on the stock exchanges today, listing at ₹91.10- a 28.3% premium over the issue price of ₹71. The stock quickly rose to a high of ₹94.50 and touched a low of ₹87 during the session. At 10:01 AM, it was trading at ₹87.56, reflecting a minor 2.71% decline from the listing price but remaining significantly above the IPO level.

Listing Session Shows Strong Volumes and Active Interest

The company’s listing witnessed healthy trading activity, with a volume of 36.71 lakh shares and a turnover of ₹33.09 crore. The market capitalisation stood at ₹522.12 crore on debut. Globe Civil Projects is actively listed on both BSE and NSE under the BE series. At the time of reporting, the buy quantity stood at 4.54 lakh shares while the sell quantity was 2.87 lakh, indicating continued demand in the early hours of trade.

Key Listing Metrics

• Listing Date: July 1, 2025
• Issue Price: ₹71
• Listing Price: ₹90
• Day’s High: ₹94.50
• Day’s Low: ₹87
• Volume Traded: 36.71 lakh shares
• Turnover: ₹33.09 crore
• Market Cap: ₹522.12 crore

The stock is actively traded on both the BSE and NSE under the BE series. As of 10:01 AM, the buy quantity stood at 4.54 lakh shares against a sell quantity of 2.87 lakh shares, indicating sustained investor interest.

Strong IPO Response Drives Premium Listing

Globe Civil Projects raised ₹119 crore through a fully fresh issue, including ₹35.70 crore from anchor investors. Globe Civil Projects IPO attracted robust interest across investor segments, with notable participation from institutional and non-institutional investors alike.

IPO Funds Set to Support Expansion and Operational Needs

The proceeds from the IPO will be used for:

• Capital expenditure
• Purchase of equipment and machinery
• General corporate purposes

Key Metrics

• Face Value: ₹10
• 52-Week High/Low (Today): ₹94.50 / ₹88.00
• VWAP: ₹90.18
• Applicable Margin: 100%

Early Gains Reflect Confidence in Infrastructure Strategy

With a successful market entry and a clear growth agenda, Globe Civil Projects has officially entered the listed space on a strong note. The stock’s performance in its early hours suggests investor belief in the company’s infrastructure-led business model, despite minor intraday corrections.

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