Globe Civil Projects wins ₹222 crore contract to build international cricket stadium in Haryana

Civil construction and infrastructure development company Globe Civil Projects Limited on Tuesday (August 19) said it has secured a contract worth ₹222.20 crore from the Haryana Cricket Association for the construction of an International Cricket Stadium at Lohat in Jhajjar district, Haryana.The project, awarded on a Bill of Quantities (BOQ) basis, carries a completion timeline of 24 months. The scope of work involves full execution of the stadium project.

Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited, said, “Securing this ₹222 crore order from the Haryana Cricket Association for the construction of an International Cricket Stadium at Lohat, Jhajjar, is an important milestone for the company.

Also Read: Globe Civil Projects IPO sails through on day 1 on retail, QIB push: GMP, reviews, other details hereThe project marks our entry into the sports infrastructure segment and reflects the confidence of our stakeholders in our ability to deliver large-scale assignments with precision and reliability. We view this development as an opportunity to contribute to the state’s sporting ecosystem by creating a facility of long-term relevance and value.”

Globe Civil Projects is engaged in EPC and MEP projects and related services. Till FY24, its primary focus was on educational institute projects, but now it has diverse activities. If marked de-growth in the top and bottom lines for FY23. Based on its recent financial data, the issue appears fully priced. As of March 31, 2025, its order book stood at over ₹669 crore.

Shares of Globe Civil Projects Ltd ended at ₹78.73, up by ₹0.26, or 0.33%, on the BSE.

Also Read: Globe Civil Projects IPO Listing: Shares debut at 28% premium over issue price