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News Details

( As on 01/07/2025 09:50)

Globe Civil Projects Ltd. debuts with 28.30% premium at Rs 91.10

Globe Civil Projects Ltd. makes a strong debut on the bourses with scrip got listed at Rs 91.10 on the Bombay Stock Exchange, a 28.30 per cent premium to its issue price of Rs 71.00. On the National Stock Exchange, the stock was listed at Rs 90.00.

The company, which raised 1.68 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 167.61 lakhs shares.

The company, listed under T Group Securities post its IPO, opened for subscription from Jun 24 to Jun 26.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Mefcom Capital Markets Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 83,606.46, down 452.44 points, or 0.53 per cent.