JKB Financial Services Ltd.

As on : 16-Aug-2025

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16-Aug-2025 12:14

Globe Civil Projects secures Rs 222.19-cr order from Haryana Cricket Association

The total contract value stands at Rs 2,22,19,78,844 and the project is to be executed within 24 months.

Globe Civil Projects made a debut on the stock exchanges on 1 July 2025, with its shares listing at Rs 91.10, a 28.31% premium to the issue price of Rs 71.

The company's initial public offering (IPO), which closed on 26 June 2025, was subscribed 86.04 times. The IPO was priced within a band of Rs 67 to Rs 71 per share. The stock hit a record high of Rs 95 on 1 July 2025.

Globe Civil Projects is an integrated Engineering, Procurement, and Construction (EPC) company headquartered in New Delhi.

The company reported a 56.4% jump in consolidated net profit to Rs 24.05 crore on a 14% increase in revenue from operations to Rs 378.58 crore in FY25 over FY24.

Shares of Globe Civil Projects shed 0.96% to close at Rs 81.37 on Thursday, 14 August 2025.

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