Deepak Builders & Engineers IPO Date, Review, Price, Allotment Details

Deepak Builders & Engineers IPO is opening for subscription on October 21, 2024, and closing on October 23, 2024. This Main-board IPO aims to raise ₹260.04 Crores, IPO consists of ₹217.21 Cr fresh issue and ₹42.83 Cr offer for sale of 2,110,000 equity shares, each with a face value of ₹10. The price band for the Deepak Builders & Engineers IPO is fixed at ₹192 – ₹203 per Share, with a market lot of 73 Shares.The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI). Deepak Builders & Engineers IPO Allotment will done on October 24, 2024, and Deepak Builders & Engineers IPO listing date is October 28, 2024.

 

Deepak Builders & Engineers Company Profile

Established in 2017 in Punjab, Deepak Builders & Engineers India Limited is an engineering and construction company specializing in various sectors, including hospitals, medical colleges, industrial buildings, and administrative & institutional buildings. With a growing portfolio, the company has successfully completed 16 projects, including the notable Jung e Azadi memorial in Kartarpur, Jalandhar, among other projects across Punjab. The total contract value of these projects is ₹2,183.60 million. The company employs 642 full-time skilled and experienced personnel to ensure high-quality execution and customer satisfaction.

 

Deepak Builders & Engineers IPO GMP

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Deepak Builders & Engineers IPO Objectives

The funds raised through the IPO will be utilized for:

1. Repayment/Prepayment of Borrowings: To partially or fully repay certain borrowings availed by the company.
2. Working Capital Requirements: Funding working capital needs for the company’s expansion.
3. General Corporate Purposes: General expenses to support business growth.

 

Deepak Builders & Engineers IPO Key Details

• Deepak Builders & Engineers IPO Open Date: October 21, 2024
• Deepak Builders & Engineers IPO Close Date: October 23, 2024
• Deepak Builders & Engineers IPO Size: Approximately ₹260.04 Crores, 12,810,000 Equity Shares
• Face Value: ₹10 Per Equity Share
• Deepak Builders & Engineers IPO Price Band: ₹192 – ₹203 per Equity Share
• Deepak Builders & Engineers IPO Listing on: NSE & BSE
• Retail Quota: 35% of the net offer
• QIB Quota: 50% of the net offer
• HNI Quota: 15% of the net offer

 

Market Lot Details

• Minimum Lot Size: 73 shares, amounting to ₹14,819
• Maximum Lot Size for Retail Investors: 949 shares, amounting to ₹192,647
• S-HNI Minimum Lot: 1,022 shares for ₹207,466
• B-HNI Minimum Lot: 4,964 shares for ₹1,007,692

 

Deepak Builders & Engineers IPO Timeline

• Deepak Builders & Engineers IPO Open Date: October 21, 2024
• Deepak Builders & Engineers IPO Close Date: October 23, 2024
• Basis of Allotment: October 24, 2024
• Refunds: October 25, 2024
• Credit to Demat Account: October 25, 2024
• Deepak Builders & Engineers IPO Listing Date: October 28, 2024

 

How to Apply for Deepak Builders & Engineers IPO

Investors can apply for the Deepak Builders & Engineers IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.

 

Deepak Builders & Engineers Financial Performance (in Crores)

 

Deepak Builders & Engineers Valuation FY2023

• Return on Equity (ROE): 39.39%
• Return on Capital Employed (ROCE): 41.72%
• EBITDA Margin: 22.98%
• Profit After Tax (PAT) Margin: 11.81%
• Debt to Equity Ratio: 1.00
• Earnings Per Share (EPS): ₹16.84 (Basic)
• Return on Net Worth (RoNW): 52.39%
• Net Asset Value (NAV): ₹39.37

 

Deepak Builders & Engineers Peer Group

• IRCON International Limited: EPS: ₹9.17, P/E Ratio: 24.67, RoNW: 15.76%, NAV: ₹61.37, Income: – Cr.
• Ahluwalia Contracts (India) Limited: EPS: ₹56.06, P/E Ratio: 19.25, RoNW: 23.44%, NAV: ₹239.17, Income: – Cr.
• PSP Projects Limited: EPS: ₹34.42, P/E Ratio: 19.16, RoNW: 13.55%, NAV: ₹254.06, Income: – Cr.
• ITD Cementation Limited: EPS: ₹15.93, P/E Ratio: 37.04, RoNW: 20.00%, NAV: ₹86.95, Income: – Cr.

 

Deepak Builders & Engineers Company Promoters

• Deepak Kumar Singal
• Sunita Singal

 

Deepak Builders & Engineers IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: deepakbuilders.ipo@kfintech.com

Deepak Builders & Engineers IPO Allotment Status Check

• Check the Deepak Builders & Engineers IPO allotment status on the Kfin Technologieswebsite.

 

Deepak Builders & Engineers IPO Allotment Link

• Check the Deepak Builders & Engineers IPO allotment on the Check ipo Allotment website.

 

Deepak Builders & Engineers IPO Lead Managers (Merchant Bankers)

• Fedex Securities Private Limited

Deepak Builders & Engineers Company Address

Ahluwalia Chambers, 1st Floor
Plot No. 16 &17, Local Shopping Centre
Madangir, near Pushpa Bhawan,
South,Delhi-110062 India
Website: https://www.deepakbuilders.co.in/
Phone: +91 9875909242
Email: investor@deepakbuilders.co.in

Deepak Builders & Engineers IPO FAQs

What is Deepak Builders & Engineers IPO?

Deepak Builders & Engineers IPO is a Main-board IPO. They are going to raise ₹260.04 Crores via IPO. The issue is priced at ₹192 – ₹203 per equity share. The IPO is to be listed on NSE & BSE.

 

When will the Deepak Builders & Engineers IPO open?

The IPO is to open on October 21, 2024, for NII, and Retail Investors.

 

What is Deepak Builders & Engineers IPO Investors Portion?

The investors’ portion for QIB is 50%, HNI is 15%, and Retail is 35%.

 

How to Apply for the Deepak Builders & Engineers IPO?

You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

 

How to Apply Deepak Builders & Engineers IPO through M-Stock?

For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.

 

How to Apply the Deepak Builders & Engineers IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

 

How to Apply for the Deepak Builders & Engineers IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

 

What is Deepak Builders & Engineers IPO Size?

Deepak Builders & Engineers IPO size is ₹260.04 Crores.

 

What is Deepak Builders & Engineers IPO Price Band?

Deepak Builders & Engineers IPO Price Band is ₹192 – ₹203 per equity share.

 

What is Deepak Builders & Engineers IPO Minimum and Maximum Lot Size?

The IPO bid is 73 Shares with ₹14,819.

 

What is Deepak Builders & Engineers IPO Allotment Date?

Deepak Builders & Engineers IPO allotment date is October 24, 2024.

 

What is Deepak Builders & Engineers IPO Listing Date?

Deepak Builders & Engineers IPO listing date is October 28, 2024. The IPO to list on NSE & BSE.