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News18
3 days ago
- Business
- News18
Globe Civil Projects IPO Listing Tomorrow: What Does Latest GMP Signal?
Last Updated: The grey market premium of the Globe Civil Projects IPO currently stands at 36.62% over the IPO price., signalling strong listing gains for investors on Tuesday. Globe Civil Projects IPO Listing Date: As the allotment has been finalised, the Globe Civil Projects IPO is set to witness its stock market listing on Tuesday, July 1. Its latest grey market premium (GMP) of 36.6% indicates strong listing gains for investors. With GMP standing at Rs 26, the shares of Globe Civil Projects Ltd are likely to be listed at around Rs 97 apiece as against its IPO price of Rs 71 per share. According to market observers, the grey market premium, which shows investor sentiments towards the IPO, currently stands at 36.62% over the IPO price. It signals strong listing gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Globe Civil Projects IPO Listing Date The shares of Globe Civil Projects Ltd are set to be listed on the BSE and the NSE tomorrow, Tuesday, July 1, 2025. Globe Civil Projects IPO: Check Allotment Status The allotment of the Globe Civil Projects IPO was finalised on June 27. Investors can check their IPO allotment status on the websites of NSE, BSE or Kfin Technologies. The status can be checked by following these steps: 1) Go to the official BSE website via the URL — 2) Under 'Issue Type', select 'Equity'. 3) Under 'Issue Name', select 'Globe Civil Projects Ltd' in the dropbox. 4) Enter your application number, or the Permanent Account Number (PAN). 5) Then, click on the 'I am not a robot' to verify yourself and hit the 'Search' option. Your share application status will appear on your screen. You can also visit directly on the registrar Kfin Technologies' portal — and check the Globe Civil Projects IPO allotment status. The allotment status can also be checked on the NSE's website at Globe Civil Projects IPO: Subscription Status, Other Details The IPO was open for public subscription between June 24 and June 26. The Rs 119-crore IPO received an 80.97 times subscription, garnering bids for 94,99,76,860 shares as against the 1,17,32,392 shares on offer. The retail and NII participation stood at 53.67 times and 143.14 times, respectively. Its qualified institutional buyer (QIB) category got an 82.13 times subscription. The company's IPO is entirely a fresh issue of equity shares worth Rs 119 crore with no offer for sale (OFS) component. It proposes to utilise funds for working capital requirements, capex, and general corporate purposes. The quota for non-institutional investors garnered 8.16 times subscription, and the category for qualified institutional buyers (QIBs) subscribed 8.06 times. The portion for retail individual investors (RIIs) received 5.82 times the subscription. Its shares will be listed on BSE and NSE. Globe Civil Projects Ltd intends to utilise Rs 75 crore of the IPO proceeds for funding working capital requirements, Rs 14.26 crore for capital expenditure towards the purchase of construction equipment/machinery and the remaining funds will be used for general corporate purposes and issue expenses, according to a company statement.
India Gazette
4 days ago
- Politics
- India Gazette
"Prayed for Viksit Delhi along with Viksit Bharat," Delhi CM offers prayers at Uttar Pradesh's Banke Bihari Temple
Mathura (Uttar Pradesh) [India], June 29 (ANI): Delhi Chief Minister Rekha Gupta on Saturday offered prayers at Uttar Pradesh's Shri Banke Bihari Temple in Vrindavan, where she wished for a 'Viskit Delhi' along with a 'Viskit Bharat.' 'I prayed that we have a Viksit Delhi along with Viksit Bharat. The nation may progress... We may work for Delhi with all our capacity,' the Chief Minister told ANI. Chief Minister Gupta was in Mathura district for a Govardhan Parikrama, a 21-kilometre-long pilgrimage to and around the Govardhan mountain. Prior to Parikrama, the Delhi Chief Minister, speaking to ANI on Friday, said, 'Today we have come for Govardhan Parikrama with our team. We will also have darshan of Banke Bihari... Everyone is very excited. I have been coming here for years... I have come here for the first time after becoming the Chief Minister of Delhi...' While addressing a meeting in Mathura, CM Gupta highlighted initatives for the people in the dairy sector to ensure that cow dung does not pollute the Yamuna river, mentioning initiatives for the diary colonies and other developmental projects in Delhi. 'We will not only build new cow sheds, but we will also provide all the facilities to all the dairy colonies. We have already started setting up 4 CNG bio projects in Delhi... We have taken this initiative to utilise cow dung properly. We will establish as many CNG bio projects as needed for the city of Delhi within two years, so that even a small amount of cow dung will not be carried to the Yamuna River and harm it,' she said. The Govardhan mountain is situated at a distance of 25 km from Mathura on the Mathura-Deeg road. According to the legend, Lord Krishna kept this mountain (Giriraj Parvat) on his little finger (finger) for seven days and nights to save the Brajwasis from the fierce rains and storms caused by the anger of Indra, the king of the gods. Earlier on Saturday, the CM also participated in a mock Parliament programme organised by the BJP Mahila Morcha, where the Emergency was discussed. Gupta described it as a 'meaningful experience' and emphasised the importance of understanding this dark chapter in India's history. She said the country was turned into a jail on June 25, 1975, with lakhs of people imprisoned and democracy crushed. Gupta added that the women of Delhi learnt about this dark chapter and stressed the need for the nation to stay united to prevent such a crisis in the future. (ANI)
Hindustan Times
23-06-2025
- Sport
- Hindustan Times
Shubman Gill, Gautam Gambhir called out for ‘not trusting' Shardul Thakur in Headingley: ‘Why did you play him?'
It remains a mystery why Shardul Thakur did not get more than six overs to bowl in the first innings of the Headingley Test against England. Ben Stokes and co. took a special liking to the Indian attack, barring Jasprit Bumrah, and hence, it makes no sense not to give Shardul more overs as he has a happy knack of taking wickets. India captain Shubman Gill and head coach Gautam Gambhir have now been put under the scanner over Shardul's inclusion in the playing XI, if there were no plans to utilise him as the fourth seamer. Shubman Gill and Gautam Gambhir questioned over Shardul Thakur selection (Action Images via Reuters) Former India wicketkeeper-batter Dinesh Karthik questioned Shubman Gill and Gautam Gambhir over the under-utilisation of Shardul Thakur. The India all-rounder was introduced into the attack well after the 40-over mark in the first innings. In the end, Shardul bowled just six overs, conceding 38 runs at an economy rate of 6.30. Dinesh Karthik stated that there is no sense in playing Shardul as the bowling all-rounder if the management doesn't have enough trust in his abilities with the ball. 'The Shardul Thakur decision that Team India's management needs to look at - If they are not going to trust his bowling, why are they playing him? That is definitely an issue. If you are not going to trust a bowler, why have you played him? I understand when you play four fast bowlers, you are not going to give equal opportunity for Shardul,' Karthik said on Cricbuzz. Also Read: IND vs ENG Live Score: Rishabh Pant makes history, scores his second century of the match 'When he did bowl, he did not bowl very nicely, but to give six overs when you have bowled so much is not a great picture. I feel bad for Shardul, but I can understand what Shubman is thinking. He is able to create more pressure on England when the other bowlers are bowling,' he added. 'Haven't shown faith in Shardul Thakur' Former India batter Aakash Chopra echoed Dinesh Karthik's comments, saying the management has been found guilty of not trusting Shardul Thakur enough with the ball. "I am thinking about Shardul Thakur's utilisation. They have selected him, but haven't shown faith in him. Of course, he bowled a few overs and was very expensive, but then you didn't bowl him at all for long spells. All bowlers bowled 20-plus overs, but Shardul Thakur was in single digits," Chopra said on his YouTube channel. "The second new ball came, the first new ball came and went, the ball became old as well, but either it is underutilization of resources or the second thing could be that you don't have faith in him, and that is a bigger concern. Why did you play him if you don't have faith in him?" he added. In the first innings of the Headingley Test, Jasprit Bumrah was the pick of the Indian bowlers as he returned with five wickets. Speaking of the contest, India firmly have their noses in front following centuries by KL Rahul and Rishabh Pant in the second innings.
Deccan Herald
19-06-2025
- Business
- Deccan Herald
Real estate firm Kalpataru sets IPO price band at Rs 387-414/share
New Delhi, Real estate developer Kalpataru Ltd on Thursday fixed a price band of Rs 387 to Rs 414 per share for its Rs 1,590 crore Initial Public Offering (IPO)..The initial share sale will open for public subscription on June 24 and conclude on June 26. The bidding for anchor investors will open on June 23, the company company's IPO is entirely a fresh issue of equity shares worth Rs 1,590 crore with no Offer For Sale (OFS) the upper end of the price band, the company is valued around Rs 8,500 crore, brokerage houses Mumbai-based company proposes to utilise funds for the payment of debt and for general corporate Ltd is a prominent real estate developer in the Mumbai Metropolitan Region (MMR) in Maharashtra and is present across all micro-markets in the a majority of the company's projects are located in the MMR and Pune (Maharashtra), it also has projects in Hyderabad (Telangana) and Noida (Uttar Pradesh)..The company focuses on the development of luxury, premium, and mid-income residential, commercial, and retail projects, integrated townships, lifestyle gated communities, and Ltd is a part of the Kalpataru Group, which has a multi-national presence and has operations in EPC contracting for power transmission and distribution, oil and gas, railways, civil infrastructure projects, warehousing and logistics, and facility company announced that 75 per cent of the offer size has been reserved for qualified institutional buyers, 15 per cent for non-institutional investors and the remaining 10 per cent for retail investors can bid for a minimum of 36 shares and in multiple Securities Ltd, JM Financial Ltd and Nomura Financial Advisory and Securities (India) Private Ltd are the book running lead managers to the issue. Shares of the company are expected to list on July 1 on the BSE and NSE.
Time of India
18-06-2025
- Sport
- Time of India
IND vs ENG: 'Gautam Gambhir, not Shubman Gill, will be in the spotlight' - Ex-England spinner
Mumbai: India's Test cricket team captain Shubman Gill and head coach Gautam Gambhir during the pre-departure press conference ahead of the five-match Test cricket series against England, in Mumbai. (PTI Photo/Shashank Parade)(PTI06_05_2025_000351A) NEW DELHI: Former England spinner Monty Panesar believes that the upcoming five-match Test series in England will be a major test of Gautam Gambhir's credentials as a red-ball coach. According to Panesar, more than the new Test captain Shubman Gill , it is Gambhir who will be in the spotlight when the high-stakes series gets underway. The first Test begins on June 20 at Headingley Stadium in Leeds. Excerpts... India's Test squad appears relatively inexperienced on paper. Do you think this young Shubman Gill-led side has what it takes to script history in England? This Indian team has a few youngsters who've had the opportunity to play county cricket. Because of that, they need to utilise that experience when facing England and really back themselves to believe they can take on England. Hopefully, England will produce pitches that are relatively flat. If that's the case, I think it'll be an even contest. But even if the pitches have grass, I believe India still have the bowling attack to exploit those conditions. The key, though, will lie with both the batters and bowlers. Can they translate their county cricket experience into performances at the Test level? English conditions are known to Test players in unique ways. What challenges do you foresee for this Indian team in the upcoming series? For the Indian batters, the big challenge will come when it's overcast. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Our one of a kind Patented Cold Water Extraction Process Superior Ginseng Undo In those conditions, the air cools down, the ball starts to swing more and seams a bit extra off the surface. There's more zip off the pitch in those moments, and India must avoid losing wickets in clusters. They'll need to hang in there, focus on survival, and once they weather the storm and tire out a couple of bowlers, it will get easier. One bad session could take them out of the game. Which Indian players do you think have the potential to be game-changers in this five-match series? I think Sai Sudharsan is one of those players who could become the breakout star of this tour. He's done well for Surrey and has the temperament to challenge England's bowlers. So for me, Sai Sudharsan could become the next superstar of Indian cricket. Also, I think it's a big tour for Shardul Thakur . Overseas, he gives India an option as a second-change bowler who can take wickets and be economical. He naturally pitches it up, so I see this being an important tour for him as well. Kuldeep Yadav hints at spin-friendly wicket ahead of England Test series How big of a role do you see Kuldeep Yadav playing in the series? Can he feature in all five Tests given the English conditions? I think they'll stick with Ravindra Jadeja , relying on his experience. England's batters may prefer to face the relatively inexperienced Kuldeep Yadav. But if India stack their XI with all-rounders, Kuldeep could slot in as the second spinner and provide that X-factor. So yes, they could go with Jadeja at six, Shardul or Nitish Reddy at seven, and that would open a spot for Kuldeep. With Shubman Gill stepping into the role of Test captain after Rohit Sharma's retirement, all eyes will also be on coach Gautam Gambhir. Do you feel this series might end up being more about Gambhir's impact than Gill's leadership? Gautam Gambhir clearly wants to build a young team that follows his methods. He's a hard taskmaster and disciplinarian. This is a tour where Gambhir can shape these players without the influence or resistance of senior stars. If India win, it'll be largely seen as the beginning of a new era under Gambhir. If Gambhir leads this young Indian side to a series win in England, we'll begin mentioning him alongside the best coaches—like Andy Flower, Ricky Ponting, and Stephen Fleming. Gautam Gambhir sends stern message after Bengaluru tragedy What's your assessment of England's 'Bazball' approach going into this series? Do you think it will work against this Indian side? As for Bazball, I think it could be a dangerous strategy. Indian bowlers have too much experience and would love for England batters to come hard, score at six or seven an over, and get bowled out for 200–220 in 40–50 overs. That would put India in control. So I expect England to be a bit more cautious. If they go all guns blazing from the start, it could backfire. England are backing young spinner Shoaib Bashir in this series. But do you think his inconsistency and tendency to leak runs could end up hurting their chances? Regarding Shoaib Bashir, his natural delivery drifts in because of his high-arm action. His challenge will be to bowl from wider of the crease and target off stump. If he sticks to middle-and-leg lines, Indian batters will play him comfortably. If he bowls outside off and threatens both edges, then he becomes a threat. If he attacks only the inside edge, Indian batters will take him apart. Do you think England's current pace attack lacks the edge and aura that James Anderson and Stuart Broad once brought to the team? I do feel England are missing an X-factor. Gus Atkinson is out injured. Mark Wood isn't available either — he was their go-to match-winner. Jamie Overton hasn't played since 2022. Chris Woakes is returning from injury. Josh Tongue and Brydon Carse are promising bowlers but are inexperienced. KL Rahul will be the most experienced batter in this Indian side, while Karun Nair is making a comeback after eight years. How crucial will their contributions be in shaping India's performance? It's a big tour for Karun Nair. He needs to nail down that No. 3 or No. 4 slot and make it his own. If he has a good tour, he could cement his place for the next five years. He has the talent, temperament, and technique. It's about belief now. I hope he doesn't go into a shell because it's a Test arena. He needs to express himself, enjoy the stage, and show what he's capable of. KL Rahul, on the other hand, will be the anchor. He's the one who steadies the ship when India are in trouble. He can bat long hours and allows others to play their natural aggressive game. He's a bit like Pujara in that sense. What would be your pick for India's top five in the first Test at Headingley? My top five for the first Test would be: Yashasvi Jaiswal, KL Rahul, Shubman Gill, Karun Nair, and Sai Sudharsan. What's your overall prediction for the series? If it's green pitches, England might have a slight advantage. If the surfaces are flat, I think India have a great chance to win. And I suspect the ECB would want the matches to stretch into Day 4 and 5—for the spectacle of the Tendulkar-Anderson Trophy. That could work in India's favour. Game On Season 1 kicks off with Sakshi Malik's inspiring story. Watch Episode 1 here
