Globe Civil Projects Limited, headquartered in New Delhi, is an integrated EPC company that operates across eleven Indian states. Specialising in infrastructure construction, the company focuses on transport and logistics, social and commercial infrastructure, as well as non-infrastructure projects, including commercial offices and housing. Initially known for its work on educational institution buildings and railway infrastructure, the company has also expanded into specialised projects like railway bridges, airport terminals, hospitals, and elevated terminals. It also engages in TMT steel trading and provides services in MEP (Mechanical, Electrical, and Plumbing), HVAC, fire safety systems, and architectural and structural works.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

• Executes complex infrastructure and non-infrastructure projects with strong in-house engineering and quality systems.
• Completed 37 projects and currently executing 13 across 11 Indian states, showcasing pan-India capabilities.
• Specialises in education, healthcare, and transport infrastructure with deep domain expertise.
• Offers end-to-end EPC solutions, including civil, MEP, HVAC, and fire safety systems.
• Demonstrates strong financial performance with industry-leading EBITDA and PAT margins.
• Serves marquee clients through timely execution and quality delivery, driving repeat business.
• Participates in large-scale bids with CPWD and other government bodies as a Class I (Super) contractor.

• Funding working capital requirements of the Company worth INR 75 crores.
• Capital expenditure towards purchase of construction equipment/machineries worth INR 14.3 crores.
• General corporate purposes

The Company is one of the leading EPC players in the country, backed by a strong order book of approximately INR 669 crores as of 31st March 2025, which provides robust revenue visibility.  At the upper offer price of INR 71, the company is expected to list at a P/B of 3.9 and a P/E of 17.9. Therefore, we recommend to “Subscribe” this IPO for long-term gains.