Globe Civil Projects ipo date, Share Price Target Tomorrow, 2025, 2026, 2030

Globe Civil Projects is a construction company situated in New Delhi that manages everything from planning to building different types of projects. They work on big projects like railway bridges, airport terminals, hospitals, schools, offices, and houses across India. Besides construction, they also provide services like selling TMT steel, doing electrical and plumbing work, designing buildings, setting up air conditioning, and installing fire safety systems. The company has completed many projects in different parts of India and is approved by the Central Public Works Department, which allows it to take on large government projects.

What is the Globe Civil Projects Ltd IPO?

Globe Civil Projects is a construction company that was established in 2002 in New Delhi by Sanjay Bansal, who is also the Managing Director. The company has over 20 years of experience in building roads, metro bridges, offices, and housing across India. So far, it has completed 37 projects and is working on 12 more in 11 different states. In the year 2023–24, the company earned ₹332.16 crore and made a profit of ₹15.37 crore. It also has ongoing work worth ₹892.95 crore. It is approved as a top-level contractor by the Central Public Works Department( CPWD).

Globe Civil Projects IPO Details

IPO DateJune 24, 2025 to June 26, 2025
Listing Date[.]
Face Value₹10 per share
Price Band₹67 to ₹71 per share
Minimum Investment₹14137
Lot Size211 Shares
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Shareholding Post Issue4,29,58,439 shares
Share Holding Post Issue5,97,18,999 shares

Globe Civil Projects share price Target Tomorrow

The company is growing well, earning high profits. It is using its money in a smart way to earn good returns. But the company is taking longer to get payments from customers, and it’s also slower in getting back the money it spends. This can cause cash problems later. So, while the company is improving, it needs to handle its money more carefully.

DayMinimum Price (Rs)Maximum Price (Rs)
Tomorrow-7+21

Globe Civil Projects share price Target 2025

It has worked in many states across India, including Uttar Pradesh, Haryana, Delhi, Maharashtra, Andhra Pradesh, Karnataka, Gujarat, Chhattisgarh, Rajasthan, Uttarakhand, and Himachal Pradesh. The company builds different types of projects, such as roads, transport systems, schools, hospitals, office buildings, and houses. At the starting time, the company only accepted school and railway projects, but now it also works on more advanced projects like railway bridges, airport terminals, elevated train stations, and big hospitals. In 2025, its share price target would be ₹142, as per our analysis.

By our prediction, its share price would be between ₹51 to ₹142 in 2025.

YearMinimum Price (Rs)Maximum Price (Rs)
202551142
MonthMinimum Price  (Rs)Maximum Price (Rs)
June5897
July51107
August69119
September72127
October78130
November81137
December90142

Globe Civil share price Target 2026

It not only works on construction projects but also buys and sells TMT steel. It’s doing business in construction and trading. Along with building work, the company also provides services like plumbing, electrical work, air conditioning, fire safety systems, and designing structures. All of these are part of its construction services. It has many upcoming projects and a team made up of both full-time staff and workers hired for specific jobs at different sites. In 2026, its share price target would be ₹250, as per our prediction.

Its share price would be between ₹90 to ₹250 in 2026, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
202690250
MonthMinimum Price  (Rs)Maximum Price (Rs)
January90153
February114160
March125179
April130184
May142198
June150210
July155224
August158227
September163232
October165237
November170242
December184250

Share price Target 2027

It has completed many projects over the past several years and is currently working on several others. The company has experience in building many types of places, like hospitals, schools, railway stations, and office buildings. Right now, it is working on its biggest project so far, the NIT Narela Campus, which covers a large area and costs a lot of money to build. In 2027, its share price target would be ₹371, as per our analysis.

By our prediction, its share price would be between ₹184 to ₹371 in 2027.

YearMinimum Price (Rs)Maximum Price (Rs)
2027184371

Share price Target 2028

The company has its team of engineers and designers who are trained in civil, electrical, and mechanical work. It sends special quality managers to its project sites to regularly check the work and make sure everything is being done properly and meets the rules. It has received ratings from Infomerics Valuation and Rating Private Limited, showing a good rating for money borrowed for a long time and a good rating for money borrowed for a short time. In 2028, its share price target would be ₹490, as per our prediction.

Its share price would be between ₹324 to ₹490 in 2028, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
2028324490

Share price Target 2029

It has worked on many projects in different parts of India, including both infrastructure and non-infrastructure work. It offers many services, including electrical, plumbing, and mechanical work, designing buildings, air conditioning systems, and fire safety systems. It has completed many projects over time and is now working on several more, such as transport, housing, social buildings, and office spaces.  In 2029, its share price target would be ₹632, as per our analysis.

By our prediction, its share price would be between ₹437 to ₹632 in 2029.

YearMinimum Price (Rs)Maximum Price (Rs)
2029437632

Globe Civil Projects share price Target 2030

The company has completed several important projects, such as building three railway bridges on stilts in a special coastal area. This work needed special machines and careful planning because the land and environment were difficult. It has also built school and office buildings at well-known places like AIIMS Raipur and IIT Gandhinagar, doing all the construction, plumbing, and electrical work using strong concrete structures. The company also finished a large housing project for teachers at IIT Roorkee, with several tall buildings and many apartments, including special foundation work. These projects show the company’s ability to handle different kinds of tough building work. In 2030, its share price target would be ₹756, as per our prediction.

Its share price would be between ₹571 to ₹756 in 2030, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
2030571756
MonthMinimum Price  (Rs)Maximum Price (Rs)
January571657
February589668
March598683
April600688
May614700
June635710
July638713
August642718
September658722
October664730
November661738
December663756

Share price Target 2040

It is currently working on important projects. These include building classrooms, hostels, housing for teachers, and a director’s house at the NIT Narela Campus, taking care of all the construction, plumbing, and electrical work using strong concrete structures. They are also upgrading a big railway station in Nagpur, doing all the building and electrical work needed. Another project is a tall office building for the Income Tax department in Bengaluru, which includes construction, plumbing, furniture, and electrical systems. In 2040, its share price target would be ₹1758, as per our analysis.

By our prediction, its share price would be between ₹1554 to ₹1758 in 2040.

YearMinimum Price (Rs)Maximum Price (Rs)
204015541758
MonthMinimum Price  (Rs)Maximum Price (Rs)
January15541647
February15681651
March15601662
April15561670
May15611674
June15671683
July15731690
August15821699
September15801712
October16101720
November16171737
December16341758

Share Price Target 2050

The company is also rebuilding parts of Delhi Public Schools in Noida and Faridabad, creating new blocks with all the necessary building and electrical work. Finally, they are building an indoor sports centre at Naurangi Lal Inter College in Aligarh, which has a swimming pool and other sports facilities. These projects show that the company can handle many different large building jobs with all the needed services. In 2050, its share price target would be ₹3214, as per our prediction.

Its share price would be between ₹2951 to ₹3214 in 2050, as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
205029513214
MonthMinimum Price  (Rs)Maximum Price (Rs)
January29513067
February29673079
March29783090
April29873100
May29983115
June30173128
July30283139
August30453155
September30673174
October30853181
November30993200
December31253214

Should I buy Globe Civil Projects stock?

YearMinimum Price (Rs)Maximum Price (Rs)
202551142
202690250
2027184371
2028324490
2029437632
2030571756
204015541758
205029513214

It is a well-known construction company that has been working for over 20 years. They have finished many big projects and are now working on several new ones worth a lot of money, including important government jobs. Besides building, they also do services like electrical work, plumbing, air conditioning, and fire safety, which helps their business grow. The company is making good profits, but sometimes faces problems like delays in getting paid and depending mostly on government projects. Overall, it is a good company with growth potential, but you should think about both the benefits and risks before buying their stock.

Globe Civil Projects earnings results (Financials)

Mar 2021Mar 2022Mar 2023Mar 2024
Sales +181197186297
Expenses +160175165251
Operating Profit22222146
OPM %12%11%11%15%
Other Income +1-010
Interest13111222
Depreciation3334
Profit before tax77720
Tax %25%27%26%26%
Net Profit +55515
EPS in Rs
Dividend Payout %0%0%0%0%

Is Globe Civil Projects stock good to buy? (bull case & bear case)

Globe Civil Projects

Bull Case:

  • The company made ₹332.16 crore in sales and ₹15.37 crore in profit, showing good growth.
  • It has ₹892.95 crore worth of work lined up.
  • It has finished 37 projects and is working on 13 projects in 11 different states in India.
  • It is approved as a top-level contractor with the government’s Public Works Department, which helps get big government jobs.

Bear Case:

  • Most of its income comes from government contracts, so changes in government plans or budgets can affect it.
  • The company needs a lot of money to keep projects going, which can sometimes cause cash flow problems.
  • Projects might get delayed or cost more because of strict rules and environmental checks.

Globe Civil Projects IPO Promoter Holding

Ved Prakash Khurana, Nipun Khurana, and Vipul Khurana are the company promoters.

Shareholding Post Issue88.14%
Share Holding Post Issue63.43%

Objects of the Issue (Globe Civil Projects IPO Objectives)

  • It will use ₹75.00 crores to handle its daily business expenses
  • The company will spend ₹14.26 crores to buy new construction machines and tools
  • It will use an unspecified amount for general business needs and future growth
  • The company will use an unspecified amount to pay for the costs related to launching the IPO

Globe Civil Projects ipo gmp

DateIPO GMPKostakSubject to
21 June₹14₹-₹2100
20 June₹12₹-₹630
19 June₹7₹-₹1200
18 June₹5₹-₹1100
17 June₹-₹-₹-
16 June₹-₹-₹-

Conclusion

It is a well-known construction company with over 20 years of experience in building roads, bridges, schools, hospitals, offices, and houses across India. It has finished many big projects and is currently working on new ones worth ₹892.95 crore. It also provides other services like electrical work, plumbing, air conditioning, and fire safety.

FAQs

They are working on projects worth about ₹892.95 crore right now.

The company looks good for long-term growth, but has some risks too. It’s important to think about both before deciding to invest.

Its P/E ratio is 19.83 as of June 2025.

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