Deepak Builders & Engineers IPO GMP Today, Deepak Builders & Engineers IPO Grey Market Premium Updates | Deepak Builders & Engineers IPO, Latest target, Opening gain
Deepak Builders & Engineers IPO began on October 21, 2024. It will close on October 23, 2024. The Total IPO Size is ₹260.04 Crore Approx. The company set its IPO price is ₹192 to ₹203 per share Per Share. There are three basic categories in Deepak Builders & Engineers IPO Subscription:- 1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
Incorporated in September 2017, Deepak Builders & Engineers India Limited is a construction company specializing in administrative, institutional, and industrial buildings, hospitals, stadiums, residential complexes, and other construction activities.
The company has completed turnkey projects encompassing architectural, structural, civil, MEP, firefighting systems, public health services, IT systems, operation theaters, medical gas pipelines, and landscaping.
The company manages twelve projects, including seven EPC projects and five item rate/percentage rate contracts. Within the ongoing projects, the construction portfolio consists of four hospital and medical college projects, one administrative & and institutional building, and one industrial building. The infrastructure projects include four projects focused on upgrading, developing, and redeveloping railway stations and related work, as well as two road and bridge projects related to rail over bridges.
The company’s business can be categorized into the following verticals:
- Construction Projects business;
- Infrastructure Projects business; and
- Sale of products.
The company has completed construction and infrastructure projects in four states of India – Punjab, Haryana, Rajasthan, Uttarakhand – and two Union Territories – Chandigarh and the National Capital Territory of Delhi.
The company has experience in executing projects with varying degrees of complexity, including 3D Domes at Jang-E-Azadi, Kartarpur, Punjab; Heritage Walk at Golden Temple Corridor, Amritsar, Punjab; and fire ramps in specialized steel structures at AIIMS, Delhi.
Competitive Strength
- High-quality construction projects are achieved with the use of technology, efficient processes, and a dedicated workforce.
- Investing in modern construction equipment fleets enables the timely delivery of high-quality infrastructure development and construction projects.
- Experienced Management Team
As of June 30 2024, the company has 632 permanent employees and 2129 contract labourers.
Deepak Builders & Engineers IPO Details:
| Issuer | Deepak Builders & Engineers IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: October 21, 2024 | |
| Issue Closes: October 23, 2024 | ||
| Price Brand | ₹192 to ₹203 per share | |
| Issue Size | ₹260.04 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 73 Shares | |
| Retail (Max) | ₹1,92,647 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 12,810,000 shares | |
| UPCOMING IPO 2024 | Best sites for stock market |
| Best Stock Trading Apps 2024 | Best book for stock market beginners |
Deepak Builders & Engineers IPO GMP Rates day by day
Deepak Builders & Engineers IPO Market Lot:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 73 | ₹14,819 |
| Retail (Max) | 13 | 949 | ₹1,92,647 |
| S-HNI (Min) | 14 | 1,022 | ₹2,07,466 |
| S-HNI (Max) | 67 | 4,891 | ₹9,92,873 |
| B-HNI (Min) | 68 | 4,964 | ₹1,007,692 |
Deepak Builders & Engineers IPO Date, Allotment & Listing:
| Deepak Builders & Engineers IPO Opening Date: | October 21, 2024 |
| Deepak Builders & Engineers IPO Closing Date: | October 23, 2024 |
| Basis of Allotment: | October 24, 2024 |
| Initiation of Refunds: | October 25, 2024 |
| Credit to Demat Account: | October 25, 2024 |
| Listing Date: | October 28, 2024 |
Deepak Builders & Engineers Limited Financial Information (Restated)
Deepak Builders & Engineers India Limited’s revenue increased by 19% and profit after tax (PAT) rose by 182% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 641.1 | 558.75 | 449.3 | 322.18 | ||||||||||||||||||||||||||||||||||||
| Revenue | 106.34 | 516.74 | 435.46 | 364.99 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 14.21 | 60.41 | 21.4 | 17.66 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 155.81 | 141.25 | 89.35 | 70.34 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 138.23 | 124.22 | 64.66 | 48.84 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 153.17 | 153.04 | 96.57 | 79.65 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of Deepak Builders & Engineers IPO is Rs 945.59 Cr.
KPI as of June 30, 2024.
| KPI | Values |
|---|---|
| ROE | 8.48% |
| ROCE | 8.97% |
| Debt/Equity | 0.91 |
| RoNW | 9.57% |
| P/BV | 4.68 |
| PAT Margin (%) | 13.52 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 16.84 | 12.2 |
| P/E (x) | 12.06 | 16.63 |
Objects of the Issue (Deepak Builders & Engineers IPO Objectives)
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment, in full or part, of certain borrowings availed by the Company;
- Funding of working capital requirements of the company and
- General corporate purposes.
Deepak Builders & Engineers IPO ALLOTMENT STATUS
How to Apply for Deepak Builders & Engineers IPO?
If you’re a new investor Open a DEMAT Account for free with Angel One and build wealth with the best stock choices. Join a 1 million+ family of happy customers.
How to Apply Deepak Builders & Engineers IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Deepak Builders & Engineers”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Deepak Builders & Engineers IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Deepak Builders & Engineers”. 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 a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Deepak Builders & Engineers IPO?
Deepak Builders & Engineers IPO is a main-board initial public offering of 12,810,000 Equity shares of the face value of ₹10 aggregating up to ₹260.04 Crores. The issue price of the IPO is ₹192 to ₹203 Per Equity Share. The minimum order quantity is – Shares per application and the offer type is Book Built Issue. The IPO opens on October 21, 2024 and closes on October 23, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Deepak Builders & Engineers IPO will open?
The Deepak Builders & Engineers IPO opens on October 21, 2024 and closes on October 23, 2024.
How to apply for Deepak Builders & Engineers IPO?
You can apply in Deepak Builders & Engineers IPO online using either UPI or ASBA as payment method. Fedex Securities Pvt Ltd is the book running lead manager of the Deepak Builders & Engineers IPO, while KfinTech IPO Limited is the registrar for the issue.
When Deepak Builders & Engineers IPO allotment?
The finalization of Basis of Allotment for Deepak Builders & Engineers IPO will be done on October 24, 2024, and the allotted shares will be credited to your demat account by October 25, 2024.
Check the Deepak Builders & Engineers IPO allotment status.
When is Deepak Builders & Engineers IPO listing date?
The Deepak Builders & Engineers IPO listing date is not yet announced. The tentative date of Deepak Builders & Engineers IPO listing is October 28, 2024
What is the lot size of Deepak Builders & Engineers IPO?
Deepak Builders & Engineers IPO lot size is 73 Shares and the minimum order quantity is 1 Shares.