Mumbai, June 24 -- The initial public offer of Globe Civil Projects received bids for 8,16,76,623 shares as against 1,17,32,392 shares on offer, according to stock exchange data at 17:00 IST on Tuesday (24 June 2025). The issue was subscribed 6.96 times.

The issue opened for bidding on 24 June 2025 and it will close on 26 June 2025. The price band of the IPO is fixed between Rs 67 and 71 per share. An investor can bid for a minimum of 211 equity shares and in multiples thereof.

The public issue comprises entirely of fresh issue of up to 1,67,60,560 equity shares of face value of Rs 10 per equity share. Of the net proceeds from fresh issue, Rs 75 crore will be used to fund working capital requirement, Rs 14.255 crore towards capital expe...