Globe Civil Projects Limited has informed the Exchange regarding a press release dated July 19, 2025, titled "Press Release dated July 19, 2025 for receipt of an order from NBCC (India) Ltd.".
GLOBECIVIL · price
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Globe Civil Projects Limited has secured a ₹172.99 crore EPC order from NBCC (India) Ltd. to develop infrastructure for the Central University of Punjab at Village Ghudda, Bathinda. The scope includes a 400-seater Girls Hostel, 400-seater Boys Hostel, a 100-seater International Students Hostel, one Academic Block, the Vice Chancellor's Residence, and extensive external campus development works. The project is to be completed in approximately 21 months. The company recently completed its ₹119 crore IPO and listed on NSE and BSE on July 1, 2025. This order strengthens its presence in the education-infrastructure segment and reflects continued trust from government clients like NBCC.
This sizeable order from a reputed government client like NBCC adds meaningful revenue visibility and reinforces credibility for the newly-listed company. For shareholders, it signals strong order inflows and validates execution capability, which could be viewed positively by the market.