
Corporate Governance14 Nov 2026, 07:40 pm
Globe Civil Projects IPO Proceeds Monitoring Report Q3 2026
AI Summary
Globe Civil Projects Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, prepared by CARE Ratings Limited. The report, mandated by SEBI regulations, confirms that all proceeds from the company's Initial Public Offer (IPO) of equity shares, amounting to Rs. 119.00 crore, have been utilized as per the objectives outlined in the offer document. CARE Ratings Limited, acting as the Monitoring Agency, has declared no deviation from the IPO's stated objectives. The report is available on the company's website.
Key Highlights
- IPO proceeds of Rs. 119.00 crore fully utilized as per objectives.
- No deviation reported in the utilization of IPO funds.
- Report submitted by CARE Ratings Limited as per SEBI regulations.
- Monitoring Agency Report covers the quarter ended September 30, 2026.
Price Impact
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