The Deepak Builders & Engineers IPO, amounting to ₹260.04 crores, will be presented as a book-built issue. It consists of a fresh issue of 1.07 crore shares, totaling ₹217.21 crores, and an offer for sale of 0.21 crore shares, aggregating ₹42.83 crores.
The subscription period for the Deepak Builders & Engineers IPO is scheduled from October 21, 2024, to October 23, 2024. The allotment finalization is expected to take place on October 24, 2024, with a tentative listing date set for October 28, 2024, on both the BSE and NSE.
The IPO price band has been determined between ₹192 and ₹203 per share. Applications will require a minimum lot size of 73 shares, with a minimum investment amount of ₹14,819 for retail investors. For sNII, the minimum investment will be 14 lots (1,022 shares), amounting to ₹207,466, while for bNII, it will be 68 lots (4,964 shares), totaling ₹1,007,692.
Read Deepak Builders & Engineers IPO RHP for detailed information.
| IPO Date | October 21, 2024 to October 23, 2024 |
| Listing Date | October 31, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 192 to ₹ 203 / Share |
| Lot Size | 73 Shares |
| Total Issue Size | ₹260.04 Cr |
| Fresh Issue | ₹217.21 Cr |
| Offer for Sale | ₹42.83 Cr |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 35,880,860 |
| Share holding post issue | 46,580,860 |
| Market Maker portion |
Deepak Builders and Engineers India Limited IPO opens on October 21, 2024, and closes on October 23, 2024.
| IPO Open Date | October 21, 2024 |
| IPO Close Date | October 23, 2024 |
| Basis of Allotment | October 24, 2024 |
| Initiation of Refunds | October 25, 2024 |
| Credit of Shares to Demat | October 25, 2024 |
| Listing Date | October 31, 2024 |
| Cut-off time for UPI mandate confirmation | October 23, 2024 |
Bids for the IPO can be placed for a minimum of 73 shares and in multiples of that number. The table below presents the minimum and maximum investment requirements for retail investors and HNIs, detailing both the number of shares and the corresponding investment amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 73 | Rs.14,819 |
| Retail (Max) | 13 | 949 | Rs.192,647 |
| S-HNI (Min) | 14 | 1,022 | Rs.207,466 |
| S-HNI (Max) | 67 | 4,891 | Rs.992,873 |
| B-HNI (Min) | 68 | 4,964 | Rs.1,007,692 |
| HNI (Min) |
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 72.50% |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
|
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Deepak Builders & Engineers India Limited, incorporated in September 2017, operates as a construction company with expertise in administrative, institutional, and industrial buildings, hospitals, stadiums, residential complexes, and various other construction projects.
Turnkey projects have been completed by the company, covering architectural, structural, civil, MEP, firefighting systems, public health services, IT systems, operation theaters, medical gas pipelines, and landscaping.
The business activities are divided into the following verticals:
| 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 |
The net proceeds from the fresh issue are proposed to be utilized for the following purposes:
Deepak Builders & Engineers India Limited Ahluwalia Chambers, 1st Floor Plot No. 16 &17, Local Shopping Centre Madangir, near Pushpa Bhawan, South Delhi- 110062 Phone: +91 9875909242 Email: investor@deepakbuilders.co.in Website: https://www.deepakbuilders.co.in/ |
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: deepakbuilders.ipo@kfintech.com |
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