Deepak Builders and Engineers India Limited – IPO
Deepak Builders and Engineers India Limited – IPO Details
| 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 Timeline (Tentative Schedule)
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 |
Deepak Builders and Engineers India Limited IPO Lot Size
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) |
Deepak Builders and Engineers India Limited IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 72.50% |
Deepak Builders and Engineers India Limited IPO Reservation
| 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 | |
Deepak Builders and Engineers India Limited IPO Anchor Investors Details
| 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) |
About Deepak Builders and Engineers India Limited
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:
- Construction Projects business
- Infrastructure Projects business
Key Performance Indicator
| 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 and Engineers India Limited IPO Objectives)
The net proceeds from the fresh issue are proposed to be utilized for the following purposes:
- Full or partial repayment/prepayment of certain borrowings taken by the company
- Funding the company’s working capital requirements
- General corporate purposes
Deepak Builders and Engineers India Limited Contact Details
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: [email protected] Website: https://www.deepakbuilders.co.in/ |
Deepak Builders and Engineers India Limited IPO Registrar
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: [email protected] |