Investing in an Initial Public Offering (IPO) like Globe Civil Projects Ltd. offers an exciting chance to become a shareholder in this company. The real excitement lies in finding out whether you’ve been allotted shares. The Globe Civil Projects IPO allotment is expected to be finalised on June 27, 2025.
This article provides step-by-step instructions on how to check the Globe Civil Projects Ltd. IPO allotment status online, ensuring a seamless experience for all investors.
What is the Globe Civil Projects IPO?
Globe Civil Projects Ltd. was established in 2002 in New Delhi and is an integrated engineering, procurement, and construction (EPC) company based in Delhi. It specialises in serving infrastructure and non-infrastructure projects, including transport and logistics (roads, bridges, railways, airports), social and commercial buildings (schools, hospitals), and residential and commercial complexes.
The company operates across 11 Indian states and has a robust order book of ₹669.1 crore as of March 31, 2025. It also engages in trading TMT steel and provides services like MEP, HVAC, and fire safety systems.
Why Invest?
The Globe Civil Projects IPO offers a chance to invest in a diversified EPC company with strong financial growth. The company reported revenue of ₹334.81 crore and a profit of ₹15.38 crore in 2024, up from ₹235.17 crore and ₹4.85 crore in 2023, respectively, indicating a strong growth trajectory.
Risks:
- Investors should be cautious of risks such as intense competition in the EPC sector, input cost volatility, and a civil suit against promoters for an undisclosed loan of ₹91,00,000, which may impact investor confidence.
- Always review the Red Herring Prospectus (RHP) or consult a certified financial advisor before investing.
What is an IPO Allotment?
An IPO occurs when a company like Globe Civil Projects Ltd. offers its shares to the public for the first time. Investors apply by paying their funds for the Globe Civil shares, hoping to become shareholders.
The allotment process determines who receives shares and how many. Due to oversubscription, where applications exceed available shares, and also a lottery system is being used for allotting shares for retail investors.
When is Globe Civil Projects IPO Allotment Status Out?
The Globe Civil Projects IPO subscription period was from June 24 to June 26, 2025, with the allotment expected to be finalised on June 27, 2025. Kfin Technologies Limited, the registrar, manages the entire IPO allocation process. Investors may receive an email or SMS from NSE, BSE, or the registrar once the allotment status is available.
Globe Civil IPO Subscription Status
As of the end of the subscription period of Globe Civil IPO on June 26, 2025, the subscription status is as follows:
- Qualified Institutional Buyers (QIBs): 18.61x
- Non-Institutional Investors (NIIs): 63.77x
- Retail Individual Investors (RIIs): 30.69x
- Total: 34.33x
This high subscription in the IPO indicates strong demand, which may lead to a lottery-based allocation for retail investors due to oversubscription.
How to Check Globe Civil Projects IPO Allotment Status?
You can check the IPO allotment status on three primary platforms, such as the NSE website, the BSE website, or the registrar’s website (Kfin Technologies). You’ll need one of the following details:
- PAN Number: Your 10-digit Permanent Account Number.
- Application Number: The unique number from your IPO application, found in your broker’s email/SMS or application form.
- Demat Account Number (DP/Client ID): The ID of your Demat account where shares will be credited.
If you don’t have these details, contact your broker or bank. Below are detailed steps for each platform, tailored for first-time users.
Checking Globe Civil IPO Allotment Status on NSE
The National Stock Exchange (NSE) offers a user-friendly platform to check allotment status. Here’s how:
- Visit the NSE Website:
- Open “NSE India” In your browser
- Navigate to the “Invest” section on the homepage.
- Click “IPO Bid Verification” or “Check IPO Allotment Status.”
- Select the IPO:
- Look for a dropdown menu listing active IPOs and select “Globe Civil Projects Ltd.”
- If the IPO isn’t listed, the allotment may not be finalised. Check again on or after June 27, 2025.
- Enter Your Details:
- Choose one option: PAN, Application Number, or DP/Client ID.
- Enter the details accurately.
- Complete the captcha.
- Check the Status:
- Click “Submit” or “Get Data.”
- The screen will display whether you received shares and how many. If not allotted, it will indicate “No allotment.”
- Save a screenshot or note the details for your records.
Tip: The NSE site may experience high traffic. If it’s slow, try again later or use an alternative platform.
Checking Globe Civil IPO Allotment Status on BSE
The Bombay Stock Exchange (BSE) is another reliable option. Follow these steps:
- Visit the BSE Website:
- Open BSE India on your browser
- On the homepage, locate the “Investors” section.
- Click “Status of Issue Application” or “IPO Allotment Status.”
- Select the IPO:
- Choose “Equity” under “Issue Type.”
- In the “Issue Name” dropdown, select “Globe Civil Projects Ltd.”
- Enter Your Details:
- Enter your Application Number or PAN.
- Complete the captcha.
- Double-check your details to avoid errors.
- View the Status:
- Click “Search” or “Submit.”
- The page will show whether you received shares, how many, or if no shares were allotted.
- Take a screenshot or note the details.
Tip: The BSE site is mobile-friendly but may load slowly on older devices. Ensure a stable internet connection.
Checking Allotment Status on the Kfin Technologies (Registrar’s Website)
Kfin Technologies Limited has been appointed as the registrar for the IPO, which is the most direct source for checking the allotment status without any hassle. Here’s how to check:
- Visit the Registrar’s Website:
- Select the IPO:
- Find a dropdown list of IPOs on the registrar’s website.
- Choose “Globe Civil Projects Ltd.”
- If it’s not listed, the allotment isn’t finalised. Check back on or after June 27, 2025.
- Enter Your Details:
- Select one option: PAN, Application Number, or DP/Client ID.
- Enter the details and complete the captcha.
- Check the Status:
- Click “Submit” or “Check Status.”
- The website will display whether you received shares, how many, or if no shares were allotted.
- Save the result for your records.
Tip: Kfin Technologies’ website is reliable, and the registrar may send you a direct link via SMS or email.
Alternative Platforms for Allotment Status
Apart from the NSE, BSE, and Kfin Technologies, you can check allotment status via:
- Broker’s App or Website:
- Log in to your broker’s platform where you applied for the IPO.
- Navigate to the IPO section or “Order History.”
- Select “Globe Civil Projects IPO” to view your application status.
- Some brokers display allotment details directly or provide a link to the registrar’s site.
- Bank’s Net Banking:
- Log in to your bank’s net banking portal if you used ASBA.
- Go to “E-Services” or “Demat Services,” then select “IPO History” or “Allotment Status.”
- Choose “Globe Civil Projects IPO” and enter your PAN or Application Number.
- Depository Websites (NSDL/CDSL):
- Log in to NSDL or CDSL.
- Navigate to the IPO allotment section and select “Globe Civil Projects Ltd.”
- Enter your DP/Client ID to check if shares are credited.
Instructions for First-Time Users
If you’re new to IPOs, follow these tips to check allotment status easily:
- Prepare Details in Advance: Write down your PAN, Application Number, and Demat ID in a note or save them on your phone.
- Use a Familiar Device: To avoid any kind of navigation issues, access the websites or apps on a device you’re comfortable in using them.
- Follow Step-by-Step Guides: Refer to the instructions above and proceed one step at a time.
- Check Timelines: Allotment status is available only after June 27, 2025. Avoid checking too early to prevent confusion.
- Ask for Guidance: If unsure, contact your broker or bank’s customer care for assistance.
Troubleshooting Common Issues
- Website Not Loading:
- Cause: High traffic on NSE, BSE, or Kfin Technologies websites.
- Solution: Try again after a few minutes, use a different platform, or check during off-peak hours (e.g., early morning).
- IPO Not Listed in Dropdown:
- Cause: Allotment may not be finalised yet.
- Solution: you can wait until June 27, 2025 night, or check later or check the IPO prospectus for more updates.
- Invalid PAN or Application Number:
- Cause: Typographical errors or incorrect details.
- Solution: Verify your details from your broker’s email/SMS or application form. Ensure you’re using the correct PAN linked to your Demat account.
- No SMS/Email Received:
- Cause: Delayed notifications or incorrect contact details.
- Solution: Check directly on NSE, BSE, or Kfin Technologies websites. Update your contact details with your broker for future IPOs.
- App Not Working:
- Cause: Outdated app or compatibility issues or network error.
- Solution: check the proper internet connection and update the app to the latest version or use the website instead.
Details on Refund Process
If you don’t receive shares, the blocked amount from your ASBA application will be unblocked. Here’s what to expect:
- Timeline: Refunds are typically initiated on June 30, 2025, one day after allotment finalisation.
- Process: The registrar (Kfin Technologies) releases the blocked funds in your bank account. You’ll receive an SMS or email notification.
- Delay in Refund: If funds aren’t unblocked by July 1, 2025, contact your bank or the registrar.
- Use of Funds: Once unblocked, you can use the funds for other investments or future IPOs.
Tip: Check your bank account statement to confirm the unblocking of funds.
Information on Share Listing Process
- Listing Date: Globe Civil Projects shares are scheduled to list on BSE and NSE on July 1, 2025, at 10:00 AM IST.
- Share Crediting: Allotted shares will be credited to your Demat account by June 30, 2025.
- Trading: You can sell shares once trading begins on the listing day after 10:00 AM. Monitor the stock price on BSE/NSE apps or websites.
- Grey Market Premium (GMP): As of June 26, 2025, the GMP is approximately ₹12–₹16, suggesting a listing price of ₹83–₹87 (17–24% above the upper price band of ₹71).
Note that GMP is unofficial and subject to change.
Contact Information for Support
- Kfin Technologies Limited:
- Phone: +91-40-6716 2222
- Email: globecivil.ipo@kfintech.com
- Address: Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad, Telangana 500032, India
- NSE Investor Services:
- Phone: +91-22-2659 8100
- Email: ignse@nse.co.in
- BSE Investor Services:
- Phone: +91-22-2272 1233/34
- Email: bsehelp@bseindia.com
Explanation of Oversubscription and Lottery Process
Oversubscription occurs when applications exceed available shares, as seen with Globe Civil Projects’ 34.33x subscription. For retail investors (35% quota), only a fraction of applicants receive shares due to high demand (30.69x subscription in the retail category).
- Lottery Process: To ensure fairness, shares are allocated via a computerised lottery system for retail investors. With a 30.69x subscription, approximately 1 in 30 applicants may receive shares, depending on the lottery outcome.
- Pro-rata Allocation: For NIIs and QIBs, shares may be allocated proportionally based on application size, with priority often given to larger applications.
Clarification on ASBA Process
The Application Supported by Blocked Amount (ASBA) process is mandatory for IPO applications in India. Here’s how it works:
- What is ASBA?: Your application amount is blocked in your bank account rather than debited upfront. The funds remain in your account but are unavailable for other use until allotment.
- How to Apply IPO using ASBA:
- Use your bank’s net banking or UPI to apply through ASBA.
- Select “Globe Civil Projects IPO” in the IPO section, enter the number of lots (minimum 211 shares), and submit.
- Approve the mandate in your banking app or net banking portal by 5:00 PM on June 26, 2025.
- Post-Allotment: If allotted, the required amount is debited for the shares. If not, the blocked amount is released.
Tip: Ensure sufficient funds are available in your account during the subscription period (June 24–26, 2025).
Tax Implications
- Capital Gains: If you sell allotted shares:
- Short-Term Capital Gains (STCG): If sold within 12 months, gains are taxed at 20% (plus surcharge and cess applicable).
- Long-Term Capital Gains (LTCG): If held for over 12 months, gains above ₹1.25 lakh are taxed at 1.25% (plus surcharge/cess applicable).
- Losses: Losses can be set off against other capital gains, subject to tax rules.
- Dividend Income: If Globe Civil Projects declares dividends, they are taxable according to your income tax slab. The company has not paid dividends in the last three fiscal years.
- Advice: Consult a tax professional to understand your tax obligations.
Post-Allotment Actions for Allotted Investors
If you receive shares:
- Verify Demat Credit: Once the allotment is successful, check your Demat account on June 30, 2025, to confirm the credit of shares.
- Monitor Listing: Track the stock’s performance on BSE/NSE on July 1, 2025, at 09:50 AM IST on your broker's app/website or BSE/NSE websites for listing price confirmation.
- Decide on Selling:
- Short-Term: if you sell these stocks on the listing day for potential gains if the stock lists at a premium (GMP suggests ₹83–₹87) you can sell after 10:00 AM on the listing day.
- Long-Term: if you don't want to sell immediately you can hold if you believe in the company’s growth potential and, given strong order book and infrastructure sector potential.
- Set Stop-Loss: To manage risks, set a stop-loss order with your broker to limit potential losses if the stock price falls.
Conclusion
Checking the Globe Civil Projects Ltd. IPO allotment status using the NSE, BSE, or Kfin Technologies websites or apps is straightforward. Keep your PAN, Application Number, or Demat ID ready and check on or after June 27, 2025. If allotted shares, you’re now a part-owner of a leading EPC company with a strong presence in India’s infrastructure sector. If not, don’t be discouraged, there are many IPOs coming in the future.
IPOs can be a wealth-building opportunity, but they come with risks, including competitive pressures and promoter-related concerns. Always consult a certified financial advisor and review the company’s prospectus before investing.
Disclaimer: This article is for informational purposes only and not financial advice. IPO investments carry risks; you should read the company’s prospectus carefully and consult a certified financial advisor before making investment decisions.
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