Global Civil Engineering is a company that integrates engineering, procurement and servicesGuoabong Wealth Management
Building (EPC) company has submitted preliminary documents to SEBI and raised funds through the first public offering (IPO).
The company plans to raise funds completely through newly issued 1.9 million shares, excluding parts of the offer.The company intends to use the 750 million rupees of net income to meet the needs of operating funds, 140.6 billion rupees to buy equipment or machine capital expenditures, and the remaining amount is used for general company use.Chennai Stock
The sponsor holds a total of 88.14%of the company’s shares, and public shareholders including Chanakya Opportonity Fund I hold 11.86%of the company’s shares.Globe Civil Projects has launched a project in 11 states in India.The company focuses on implementing and constructing infrastructure projects, including transportation and logistics, social and commercial projects, as well as non -infrastructure projects such as commercial offices and housing.
In addition to infrastructure and non -infrastructure projects, the company also provides extensive services, including machinery, electrical and pipeline (MEP) work, construction and structural services, HVAC systems and fire alarm systems.
The company’s main competitive advantages include strong project management and execution capabilities, growing orders, higher qualification pre -review certificates, stable financial performance, and experienced sponsor, directors and manager teams.Its strategic focus is to ensure government infrastructure projects, expand its geographical footprints, improve pre -qualification and bidding capabilities, and strive to deliver and high -quality implementation in a timely manner.
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Author: Vivek Gadodia, Dravyaniti Consulting Company and RBT Algorithm System CompanyJaipur Stock
Chennai Stock