Globe Civil Projects IPO subscribed 19 times on Day 3, GMP at 17%. Check all details

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Globe Civil Projects' IPO witnessed significant investor demand, being oversubscribed nearly 19 times on its final day. Non-institutional investors showed the most interest, followed by retail investors and qualified institutional buyers. The IPO, priced between Rs 67-71, aims to utilize proceeds for working capital, capital expenditure, and general corporate needs.