Globe Civil Projects IPO allotment status expected today. Here’s how to check

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The allotment status for Globe Civil Projects’ Rs 119 crore IPO is expected to be finalised today. Investors who applied in the IPO can check their allotment status online once it is processed by the registrar, Kfin Technologies. The equity shares are proposed to be listed on both BSE and NSE, with a tentative listing date set for Tuesday.

The IPO, which was open for bidding from June 24 to June 26, was entirely a fresh issue of 1.68 crore shares at a fixed price of Rs 71 per share.

The issue received strong investor response and was subscribed 80.97 times overall, with the retail portion subscribed 53.67 times, the QIB category 82.13 times, and the NII segment a whopping 143.14 times.

Ahead of the IPO opening, Globe Civil Projects raised Rs 35.70 crore from anchor investors on June 23.

Here’s how you can check the Globe Civil Projects IPO allotment status:

On the registrar’s website (Kfin Technologies):

Visit: https://ris.kfintech.com/ipostatus/

Select “Globe Civil Projects Limited” from the dropdown list

Enter your PAN, application number, or DP/Client ID

Click “Submit” to view your allotment status

On the BSE website:

Visit: https://www.bseindia.com/investors/appli_check.aspx

Select “Equity” and then choose “Globe Civil Projects Limited”

Enter your application number and PAN

Click “Search” to view allotment details

Investors who are allotted shares will have them credited to their demat accounts by Monday, June 30, 2025. Refunds for unallotted shares will also be initiated on the same day.

Globe Civil Projects is an EPC company with a strong presence in infrastructure projects across 11 Indian states. The IPO proceeds will be used to fund working capital requirements, purchase construction equipment, and for general corporate purposes.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

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