The IPO allotment status of Globe Civil Projects Ltd is expected to be released today, bringing eager anticipation to thousands of retail and institutional investors. With a strong response during the subscription period, this public issue has become one of the most talked-about IPOs in the infrastructure sector recently.
If you’ve applied for shares in this IPO, here’s a complete overview of how to check your ipo allotment status, the Grey Market Premium (GMP), and what to do post-allotment.
IPO Overview: High Interest and Solid Subscription
Globe Civil Projects’ IPO opened for subscription earlier this week and closed with an encouraging oversubscription across categories. Retail investors showed significant interest, and the Qualified Institutional Buyer (QIB) and Non-Institutional Investor (NII) categories also saw strong participation.
The IPO was aimed at raising funds to support infrastructure development projects, repay debts, and improve working capital. Its success reflects growing investor confidence in civil infrastructure development in India.
How to Check IPO Allotment Status Online
Once the ipo allotment status is released, investors can check it through the following platforms:
Registrar's Website (Bigshare Services)
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Visit the official registrar site
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Select “Globe Civil Projects IPO” from the dropdown
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Enter PAN number or application number
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Click “Submit” to see your status
Stock Exchange Website (BSE)
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Go to bseindia.com/investors
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Select “Equity” and choose the IPO name
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Input application number and PAN
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Submit to view your allotment details
Make sure to have your PAN and application number ready while checking the ipo allotment status.
Latest GMP (Grey Market Premium) Insights
As per market sources, Globe Civil Projects’ IPO is showing a stable GMP, indicating a potential listing gain. However, investors are advised to exercise caution, as GMPs are speculative and not always reflective of listing performance.
What to Do After Checking Allotment Status
If shares are allotted:
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You’ll receive them in your demat account by the scheduled date
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Refunds for unallotted shares will be processed automatically
If not allotted:
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The full refund should reflect in your bank account within 2–3 working days
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Keep a copy of your application details for reference
Listing Date and Expected Performance
Globe Civil Projects is expected to list on NSE SME, and the listing date is tentatively scheduled for early next week. Based on current GMP trends, the stock may list at a premium, but performance will ultimately depend on broader market conditions and company fundamentals.
