Globe Civil Projects IPO allotment status is now available. Allotment status has been made available on Friday, 27 June 2025, as per the timeline provided in the red herring prospectus (RHP) of the IPO.
The IPO saw a strong subscription rate of 86.03 times, with total bids amounting to INR 10,237.57 crores. Investor sentiment appears cautious, and the final listing outcome will depend on broader market conditions and demand on the listing day. Globe Civil Projects shares are expected to be listed on 1 July 2025, following the completion of allotment and refund processes, with successful investors likely to receive their shares in their demat accounts by 30 June 2025.
Globe Civil Projects IPO, a book-built issue of INR 10,237.57 crores, offered shares in a price band of INR 67 to INR 71 per share. Non-Institutional Investors (NIIs) showed the highest demand, subscribing 143.14 times their quota, followed by Retail Individual Investors (RIIs) at 99.76 times, and Qualified Institutional Buyers (QIBs) at 53.71 times.
Here are a few methods to verify the Globe Civil Projects IPO allotment status.
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Table of Contents – Globe Civil Projects IPO Allotment Status
#1 Registrar Website – Most effective way to check Globe Civil Projects IPO allotment status
After an IPO has finished accepting subscriptions, the issue registrar takes over the next steps. The registrar handling this case is KFin Tech. Investors can easily visit its website and navigate to Globe Civil Projects from a list of options provided to check their allotment status by entering any of the details given.
- PAN
- IPO Application Number (CAF Number)
- Beneficiary ID (NSDL or CDSL Demat Account Number)
Registrar websites can get busy during allotment days and may slow down significantly; however, KFin Tech seems to have a reliable infrastructure in place to handle that load better than most others do in such situations. Nevertheless, it is always advisable to explore multiple options.
#2 BSE Website
You can also verify the status of the Globe Civil Projects IPO allotment by visiting the IPO allotment page on the BSE website. However, investors need to have both the application number and PAN to check using this method. Just choose Equity, select the IPO, enter your application number and PAN to view the status.
The Bombay Stock Exchange (BSE) boasts a website infrastructure that ensures investors encounter minimal issues, like slow loading times or unresponsiveness when using it.
#3 Bank Account Debit/Removal of Lien
If you haven’t found what you’re looking for yet in your search results up to now, it could be worth checking your bank account. Many banks have systems in place and send updates on account balances to customers through various means, such as text messages. So you might not even have to log in to banking.
Suppose the investor’s request has been approved successfully. In that case, their application is accepted for a single lot in the Globe Civil Projects IPO, at INR 14,981 per lot will be debited from their account accordingly. If the application is not successful, the amount that was put on hold for the application will reflect as an increase in the bank account balance.
Upon allocation of shares in an IPO, the balance in the bank account decreases by the corresponding sum of money allocated for the shares purchased. It is crucial to understand that the process of IPO allotment and the subsequent deduction of funds from a bank account are occurrences; however, there are instances where these events occur almost simultaneously.
#4 Credit of Shares in Demat Account
If everything else has failed, you can check your demat account for the credit of shares. However, this approach is the slowest of all the methods. In many cases, shares may be credited on the day of listing as well, effectively taking away all the fun of allotment.
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Globe Civil Projects IPO Allotment FAQs
When is the Globe Civil Projects IPO allotment expected?
Globe Civil Projects IPO allotment status is expected to be finalized on Friday, 27 June 2025, per the timeline provided in the IPO’s red herring prospectus (RHP).
When will the Globe Civil Projects IPO get listed?
Globe Civil Projects IPO is planned to list the shares on 1 July 2025, at BSE and NSE.
Where to check Globe Civil Projects IPO allotment status?
Globe Civil Projects IPO allotment status is expected on 27 June 2025. Click the green button Globe Civil Projects IPO Allotment status above to check the allotment. Note that the button remains disabled until the allotment is available online.