About Globe Civil Projects Limited (GCPL)

Globe Civil Projects Limited (GCPL) is a New Delhi–headquartered civil construction company, incorporated on May 22, 2002. Originally established as a private limited company, it was converted into a public limited company by a shareholder resolution on February 22, 2024, with a fresh certificate of incorporation issued on June 4, 2024. The company’s registered office is located at D-40, Okhla Industrial Area, Phase I, New Delhi – 110020.

GCPL is primarily engaged in Engineering, Procurement and Construction (EPC) contracts, complemented by a trading segment. The company undertakes large-scale projects for Government Departments, Local Authorities, and institutional clients, maintaining a diversified portfolio across transportation, social infrastructure, and commercial development.

Its project portfolio includes roads, bridges, terminals, hospitals, schools, sports complexes, commercial buildings, and housing projects. Notable completions such as AIIMS Raipur and Burari Hospital underscore GCPL’s technical strength in executing complex, safety-critical, and highly regulated infrastructure projects.

The company operates across 11 Indian states, including Uttar Pradesh, Haryana, Maharashtra, Karnataka, Gujarat, and Rajasthan. As of March 31, 2025, approximately 65% of GCPL’s order book comprised government contracts, reflecting strong engagement in public sector infrastructure and robust project visibility.

GCPL is accredited as a CPWD Class-I Super Contractor, qualifying it to bid for projects up to Rs 650 crore. The company has six joint ventures that enable it to pursue specialised projects and new market opportunities. It has no subsidiaries, as confirmed in the AOC-1 statement; consolidated financials include associates and joint ventures.

Business Segments

• Revenue mix: Construction project receipts – 97%; Trading – 3%. 
• Geography mix: Entire revenue derived from India; no foreign income reported during the year. 

Key Management

• Mr. Ved Prakash Khurana – Chairman & Whole-Time Director 
• Mr. Vipul Khurana – Managing Director 
• Mr. Nipun Khurana – Managing Director 
• Mr. Raghav Aggarwal – Chief Financial Officer 
• Mr. Vineet Rattan – Company Secretary & Compliance Officer 

Latest Updates on Globe Civil Projects Limited

• Conversion to Public Company: GCPL was formally converted from a private to a public limited company on February 22, 2024, with a fresh certificate of incorporation issued on June 4, 2024. 
• Preferential Allotment: The Board approved and allotted equity shares on a preferential basis on July 9, 2024, under applicable SEBI regulations. 
• Bonus Issue: On July 20, 2024, GCPL allotted 4,04,31,472 bonus equity shares of Rs 10 each, aggregating to Rs 40.43 crore, following Board approval on July 18, 2024. 
• Authorised Capital Enhancement: The company’s authorised share capital was increased from Rs 50 crore to Rs 650 crore at the Board meeting held on June 25, 2024, in anticipation of future growth and capital-raising plans. 
• Initial Public Offering (IPO): GCPL successfully completed its IPO and listed on BSE and NSE on July 1, 2025. The public issue comprised 1,67,60,560 equity shares at Rs 71 per share (including a premium of Rs 61), aggregating Rs 119 crore. Proceeds were earmarked for working capital, capital expenditure, and general corporate purposes. 
• Listing Approvals: In-principle approvals were received from NSE and BSE on December 12, 2024, followed by final approvals on June 30, 2025. 
• Operational Strength: The company continues to leverage its CPWD Class-I Super Contractor accreditation, enabling participation in projects worth up to Rs 650 crore and reinforcing its eligibility for complex, large-scale infrastructure works. 
• Joint Ventures: As of March 31, 2025, GCPL had six active joint ventures to expand into specialised domains and regional markets. 

Market Footprint: With presence across 11 states, GCPL maintains a strategic focus on government infrastructure development, with public contracts accounting for about 65% of its order book as of March 31, 2025.