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20 Nov 2024
Deepak Builders & Engineers India Limited IPO, GMP, Details, Price, And Review
Incorporated in September 2017, Deepak Builders & Engineers India Limited is a construction company specialising 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 theatres, medical gas pipelines and landscaping.
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The company's business can be categorised into the following verticals:
- ● Construction Projects business.
- ● Infrastructure Projects business.
- ● Sale of products.
Deepak Builders & Engineers IPO Overview:
- ● Issue Size ₹260.04 crores
- ○ Fresh Issue: 1.07 crore shares (₹217.21 crores)
- ○ Offer for Sale: 0.21 crore shares (₹42.83 crores)
- ● Subscription Dates:
- ○ Open: October 21, 2024
- ○ Close: October 23, 2024
- ● Price Band ₹192 to ₹203 per share
- ● Minimum Lot Size: 73 shares
- ● Book Running Lead Manager: Fedex Securities Pvt Ltd
- ● Registrar: Kfin Technologies Limited
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Deepak Builders & Engineers India Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 28-10-2024 | 203 | 32 (15.76%) | 28-Oct-2024 13:03 |
| 27-10-2024 | 203 | 32 (15.76%) | 27-Oct-2024 12:34 |
| 25-10-2024 | 203 | 32 (15.76%) | 25-Oct-2024 13:09 |
| 24-10-2024 | 203 | 50 (24.63%) | 24-Oct-2024 12:50 |
| 23-10-2024 | 203 | 61 (30.05%) | 23-Oct-2024 12:45 |
| 22-10-2024 | 203 | 61 (30.05%) | 22-Oct-2024 12:20 |
| 21-10-2024 | 203 | 60 (29.56%) | 21-Oct-2024 13:07 |
| 17-10-2024 | 203 | 27 (13.30%) | 17-Oct-2024 13:46 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Deepak Builders & Engineers Limited IPO Overview
| Detail | Description |
|---|---|
| IPO Date | October 21, 2024 to October 23, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹192 to ₹203 per share |
| Lot Size | 73 Shares |
| Total Issue Size | 12,810,000 shares (aggregating up to ₹260.04 Cr) |
| Fresh Issue | 10,700,000 shares (aggregating up to ₹217.21 Cr) |
| Offer for Sale | 2,110,000 shares of ₹10 (aggregating up to ₹42.83 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre issue | 35,880,860 |
| Shareholding post issue | 46,580,860 |
Deepak Builders & Engineers IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| IPO Open Date | Monday, October 21, 2024 |
| IPO Close Date | Wednesday, October 23, 2024 |
| Basis of Allotment | Thursday, October 24, 2024 |
| Initiation of Refunds | Friday, October 25, 2024 |
| Credit of Shares to Demat | Friday, October 25, 2024 |
| Listing Date | Monday, October 28, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 23, 2024 |
Deepak Builders & Engineers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 73 | ₹14,819 |
| Retail (Max) | 13 | 949 | ₹192,647 |
| S-HNI (Min) | 14 | 1,022 | ₹207,466 |
| S-HNI (Max) | 67 | 4,891 | ₹992,873 |
| B-HNI (Min) | 68 | 4,964 | ₹1,007,692 |
Deepak Builders & Engineers Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Deepak Builders & Engineers IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
Deepak Builders & Engineers India Limited Financial Information
| Period Ended | 30 June 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
| KPI | Values |
|---|---|
| ROE | 8.86% |
| ROCE | 8.76% |
| Debt/Equity | 0.91 |
| RoNW | 9.57% |
| PAT Margin (%) | 13.52 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 16.84 | 12.2 |
| P/E (x) | 12.06 | 16.63 |
Objectives of Deepak Builders & Engineers IPO
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objectives:
Competitive Strength:
- ● High-quality construction projects are achieved using 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.
FAQs for Deepak Builders & Engineers IPO
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What is Deepak Builders IPO?
Deepak Builders IPO is a main-board IPO. The company is going to raise ₹260 Crores via IPO. The issue is priced at ₹192 to ₹203 per equity share. The IPO is to be listed on BSE & NSE.
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When will the Deepak Builders IPO open for subscription?
The IPO is to open on 21 October 2024 for QIB, NII, and Retail Investors. The IPO will close on 23 October 2024.
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What is Deepak Builders IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
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What is Deepak Builders IPO Issue Size?
Deepak Builders IPO issue size is ₹260 crores.
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What is Deepak Builders IPO Price Band?
Deepak Builders IPO Price Band is ₹192 to ₹203.
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What is Deepak Builders IPO Lot Size?
The minimum bid is 73 Shares with ₹14,819.
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What is the Deepak Builders IPO Allotment Date?
Deepak Builders' IPO allotment date is 24 October 2024.
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What is the Deepak Builders IPO Listing Date?
Deepak Builders' IPO listing date is 28 October 2024. The IPO is to be listed on BSE & NSE.
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What is Deepak Builders' current GMP?
The current GMP of the Deepak Builders is 32 (15.76%).
RHP:
RHP of Deepak Builders & Engineers India Limited IPO
DRHP:
DRHP of Deepak Builders & Engineers India Limited IPO
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What is Deepak Builders IPO?
Deepak Builders IPO is a main-board IPO. The company is going to raise ₹260 Crores via IPO. The issue is priced at ₹192 to ₹203 per equity share. The IPO is to be listed on BSE & NSE.
-
When will the Deepak Builders IPO open for subscription?
The IPO is to open on 21 October 2024 for QIB, NII, and Retail Investors. The IPO will close on 23 October 2024.
-
What is Deepak Builders IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is Deepak Builders IPO Issue Size?
Deepak Builders IPO issue size is ₹260 crores.
-
What is Deepak Builders IPO Price Band?
Deepak Builders IPO Price Band is ₹192 to ₹203.
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What is Deepak Builders IPO Lot Size?
The minimum bid is 73 Shares with ₹14,819.
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What is the Deepak Builders IPO Allotment Date?
Deepak Builders' IPO allotment date is 24 October 2024.
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What is the Deepak Builders IPO Listing Date?
Deepak Builders' IPO listing date is 28 October 2024. The IPO is to be listed on BSE & NSE.
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What is Deepak Builders' current GMP?
The current GMP of the Deepak Builders is 32 (15.76%).
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