Globe Civil Projects Limited’s Outlook Revised To Positive By Infomerics

Mumbai (Maharashtra) [India], November 8: Infomerics Valuation and Ratings Private Limited. has revised the outlook for Globe Civil Projects Limited’s long-term bank facilities from Stable to Positive while reaffirming the rating at IVR BBB. The short-term rating of IVR A3+ has also been reaffirmed.

The revision in outlook reflects Globe Civil Projects Limited’s strengthened capital structure following its successful ₹119 Cr Initial Public Offering (IPO) in July 2025, along with…