Overview

• Globe Civil Projects saw its shares open at Rs 91.10 on BSE and Rs 90 on NSE, about 28% above its Rs 71 issue price after an 80.97× subscription.
• Ellenbarrie Industrial Gases debuted at Rs 457 on both bourses, marking a roughly 14% premium from its Rs 400 band high following a 22.19× subscription.
• Kalpataru listed flat at Rs 414 per share, matching its IPO price after a 2.26× subscription, and later climbed over 4% to close near Rs 433.
• Each IPO was a fully fresh issuance aimed at funding working capital, capital expenditure and debt reduction, underscoring a pickup in equity raising activity.
• Grey-market premiums stood at about Rs 27 for Globe Civil, Rs 57 for Ellenbarrie and zero for Kalpataru, mirroring their actual listing trajectories.