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Deepak Builders & Engineers India Limited IPO

Deepak Builders & Engineers India Limited IPO

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Listed Price: ₹ 200.00 (-1.48%)

Deepak Builders & Engineers India Limited's successfully completed its Initial Public Offering and commenced trading on 28-10-2024 at the NSE, BSE exchange. The company raised 1,28,10,000 Shares through this public offering, comprising 1,07,00,000 Shares in fresh capital and ₹42.83 Cr through the Offer for Sale mechanism.

The IPO was priced within the band of ₹192 to ₹203, with minimum application lots of 73 shares. The offering attracted significant investor interest during its subscription period from 21-10-2024 to 23-10-2024.

Share allotment was finalized on 24-10-2024, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Deepak Builders IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Deepak Builders IPO Key Performance Indicator
Company Financials ( In Crores )

Deepak Builders IPO About Company

Deepak Builders & Engineers India Limited, established in September 2017, is a versatile engineering and construction firm handling a wide range of projects across India. The company operates in two main areas: Construction Projects, which include administrative buildings, hospitals, colleges, industrial structures, historical memorials, sports complexes, and residential developments, and Infrastructure Projects, specializing in flyovers, railway bridges, and station redevelopment. With a presence in Punjab, Haryana, Rajasthan, Uttarakhand, and the Union Territories of Chandigarh and Delhi, Deepak Builders delivers Engineering, Procurement, and Construction (EPC) services through both fixed-sum turnkey and item-rate/percentage contracts.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Deepak Builders IPO Strength Factors

  1. Strong Track Record: Completed 76 major construction and infrastructure projects, showcasing proven expertise.
  2. Top-Tier Accreditation: Class I – (Super) Contractor status enables bidding for government projects up to ₹6,500 million.
  3. In-House Machinery: Large fleet of 397 construction machines ensures efficient execution with minimal external dependency.

Deepak Builders IPO Risk Factors

  1. Government Dependence: Heavy reliance on government contracts increases vulnerability to policy shifts and project delays.
  2. Large-Project Exposure: Focus on big-ticket projects heightens risks of delays and cost overruns, impacting profitability.
  3. Regional Concentration: Major dependence on Punjab makes the business sensitive to regional economic or policy disruptions.

Deepak Builders IPO Lead Manager(s)

  • Fedex Securities Private Limited

Deepak Builders IPO Promoter(s)

  1. Deepak Kumar Singal
  2. Sunita Singal

Deepak Builders IPO Company Details

Deepak Builders & Engineers India Limited
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Deepak Builders IPO Registrar

Kfin Technologies Limited
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Deepak Builders IPO FAQs