New Delhi, June 18 -- The issue opens for subscription on 24 June 2024. Check here for the GMP and key risks you should know before the issue's opening for subscription

The Globe Civil Projects IPO GMP (grey market premium) stands at Rs.9. This means that the Globe Civil Projects shares are commanding a Rs.9 premium over the issue price of Rs.71 in the grey market. The same also means that the market participants are expecting 12.68% listing gains, and the listing of Globe Civil Projects shares is expected to be at Rs.80, or a 12.68% premium over the upper band of the offer price of Rs.71 a piece, as suggested by investorgain.com data.

As per the RHP, or the Red Herring Prospectus, the company highlighted the following risks:

1. In fis...