Deepak Builders & Engineers India IPO

Deepak Builders & Engineers India IPO is listed on BSE and NSE, priced at ₹192–₹203 per share. The stock debuted at ₹200. The IPO had a lot size of ₹73 shares and a minimum investment of ₹14,819.

Deepak Builders & Engineers India Limited IPO

Mainboard Listed
₹14,819 (73 Shares)
Minimum Investment
Check Allotment
IPO Dates
Oct 21, 2024 – Oct 23, 2024
Price band
₹192-203 per equity share
Minimum Investment
₹14,819
Issue size
₹260.04 Cr
Lot size
73
Allotment Date
Oct 24, 2024
Listing
Oct 28, 2024
Listing At
BSE, NSE

IPO timeline

  1. Oct 21, 2024

    Open Date

    Completed

  2. Oct 23, 2024

    Close Date

    Completed

  3. Oct 24, 2024

    Allotment Date

    Completed

  4. Oct 28, 2024

    Listing Date

    Completed

Price Summary

Last closing
78.60 (-61.28%)
52 week high
185.60
52 week low
51.51
Last update

Deepak Builders & Engineers India IPO Essentials

Deepak Builders & Engineers India IPO Details

Deepak Builders & Engineers India IPO is priced at ₹192-203 per share with a total issue size of 260.04 crore. The IPO has a lot size of 73 shares and is listed on BSE and NSE.

Issue price
₹192-203 per equity share
Lot size
73 shares
Face value
₹10 Per Equity Share
Issue size
Total ₹260.04 Cr :
#Fresh Issue : 10,700,000 shares(aggregating up to ₹217.21 Cr) +
#OFS : 2,110,000 shares of ₹10(aggregating up to ₹42.83 Cr)
Total issue size
1,28,10,000 shares
(aggregating up to ₹260.04 crore)
Fresh issue
1,07,00,000 shares
(aggregating up to ₹217.21 crore)
Offer for sale (OFS)
21,10,000 shares
(aggregating up to ₹42.83 crore)
Listing at
BSE, NSE
List price
200.0(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Fedex Securities Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 73 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 73 ₹14,819
Retail(max) 13 949 ₹1,92,647

Deepak Builders & Engineers India IPO Documents

Deepak Builders & Engineers India IPO Reservation

Deepak Builders & Engineers India IPO reservation details show category-wise allocation of shares. Out of the total 12,810,000 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 3,842,939 (30%)
QIB Shares Offered 2,562,061 (20%)
NII (HNI) Shares Offered 1,921,500 (15%)
bHNI > ₹10L 1,281,000 (10%) 1,253
sHNI < ₹10L 640,500 (5%) 626
Retail Shares Offered 4,483,500 (35%) 61,417
Total Shares Offered 12,810,000 (100%)

Deepak Builders & Engineers India IPO Analytics

Deepak Builders & Engineers India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Deepak Builders & Engineers India IPO Subscription Status

Deepak Builders & Engineers India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 2,562,061
1,921,500
1,281,000
640,500
4,483,500 8,967,061
Day 1 21-10-24 05:00 PM
0.52 x
4.26x
3.38x
6.02x
6.12 x 4.12 x
Day 2 22-10-24 05:00 PM
1.08 x
17.40x
14.34x
23.52x
15.96 x 12.02 x
Day 3 23-10-24 05:00 PM
13.91 x
82.47x
77.86x
91.68x
39.78 x 41.53 x
Total No. of Applications
bHNI sHNI Retail
25,58,000 (Approx) —x —x 1.38x

Deepak Builders & Engineers India Valuations

Earnings

EPS Pre IPO
16.84
EPS Post IPO
12.20
P/E Pre IPO
12.06
P/E Post IPO
16.63

Returns

ROE
8.48%
ROCE
8.97%
RoNW
9.57%
PAT Margin
13.52

Fundamentals

Debt / Equity
0.91
Price / Book
4.68

Data sourced from DRHP / RHP • For educational purposes only

Deepak Builders & Engineers India Financials( In Crs.)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 558.75 449.3 322.18
Revenue 516.74 435.46 364.99
Profit After Tax 60.41 21.4 17.66
Net Worth 141.25 89.35 70.34
Reserves & Surplus 124.22 64.66 48.84
Total Borrowing 153.04 96.57 79.65

Deepak Builders & Engineers India Company & Offer Insights

About Deepak Builders & Engineers India

Deepak Builders & Engineers India Limited is an integrated engineering and construction company incorporated in September 2017. With unbroken good delivery experiences, the company has gained solid brand repute in not only construction but also in infrastructure development throughout India.

Company services majorly concentrate on two areas :
1.⁠ ⁠Construction Projects:
Company have successfully undertaken numerous construction projects that serve the needs of the following segments of society:
Administrative and institutional buildings,Hospitals and medical colleges,Industrial buildings,Historical memorials,Sports complexes,Residential complexes
All the projects work at the highest level to center around quality, sustainability, and timely delivery with a smile to satisfy all clients.

2.⁠ ⁠Infrastructure Projects:
Infrastructure group focuses on developing modern and robust infrastructure that meets the accelerating needs in a city. Key focus areas include:
Flyovers ,RUBs and ROBs, Developments and redevelopment railway stations.
Company reputation for excellence and attention to detail in structural work supporting public utilities and improving transportation networks.

The company has executed projects with varying degrees of complexity, including 3D Domes at Jang-E-Azadi, Kartarpur,; Heritage Walk at Golden Temple Corridor, Amritsar, and fire ramps in specialized steel structures at AIIMS, Delhi.

As of June 30 2024, the company has 632 permanent employees and 2129 contract labourers.

Deepak Builders & Engineers India Promoter(s)

Deepak Kumar Singal, Sunita Singal are the company's promoters of Deepak Builders & Engineers India.

Deepak Builders & Engineers India IPO Issue Objectives

Repayment/prepayment, in full or part, of certain borrowings availed by the Company
Funding of working capital requirements of the Company
General corporate purposes

Deepak Builders & Engineers India IPO - Anchor Investors

Deepak Builders & Engineers India mobilises over Rs 78 crore from 5 anchor investors ahead of IPO.

Neomile Growth Fund became the largest investor by buying 14.77 lakh shares worth Rs 30 Crore, followed by Citadel Capital Fund which took 9.85 lakh shares worth Rs 20 Crore.

Zeal Global Opportunities Fund,Saint Capital Fund & Elite Capital Fund were other investors, combined investing Rs 28 Crore against 13.8 lakh shares.

Deepak Builders & Engineers India IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Deepak Builders & Engineers India Limited 16.84 16.84 39.37 N/A 52.39 N/A Restated Consolidated
Ircon International Ltd 9.17 9.17 61.37 24.67 15.76 3.7 Consolidated
Ahluwalia Contracts (India) Ltd. 56.06 56.06 239.17 19.25 23.44 4.51 Consolidated
Psp Projects Ltd 34.42 34.42 254.06 19.16 13.55 2.59 Consolidated
Itd Cementation India Ltd 15.93 15.93 86.95 37.04 20 6.86 Consolidated

Notes:

  1. NAV is computed as the closing net worth divided by the closing outstanding number of equity shares. Net worth has been calculated as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.
  2. The P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as of October 11, 2024, sourced from the NSE website, as divided by the Basic/Diluted EPS, as applicable.
  3. RoNW is computed as net profit after tax (excluding comprehensive income), as attributable to the owners of the Company divided by closing net worth.
  4. Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.

Deepak Builders & Engineers India IPO - Strengths and Risks

Deepak Builders & Engineers India IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Deepak Builders and Engineers India Limited has completed 76 construction and infrastructure projects since its inception, establishing a strong market presence.
The company owns 397 major construction machines as of February 2024, ensuring reduced reliance on external providers and efficient project execution.
Accredited as a Class I – (Super) Contractor, the company can independently bid for projects up to ₹6,500 million, reflecting its substantial government clientele.

Risks

Deepak Builders and Engineers India Limited faces risks from its dependency on government contracts. Any policy changes can terminate or delay projects, impacting financial results significantly.
Concentration on large-scale projects poses a risk; delays or complications could significantly affect the company's financial health due to the potential for cost overruns and reduced profitability.
Geographical concentration in Punjab exposes the company to regional policy changes, economic fluctuations, and potential project interruptions, which could adversely affect operations and earnings.

Contact Information

Contact Details

Deepak Builders & Engineers India

+91 9875909242

investor@deepakbuilders.co.in

https://www.deepakbuilders.co.in/

Ahluwalia Chambers, 1st Floor, Plot No. 16 &17, Local Shopping Centre, Madangir, near Pushpa Bhawan, South Delhi- 110062

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

deepakbuilders.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions

Click any question to reveal the answer

Deepak Builders & Engineers India IPO is a book-built IPO worth ₹260.04 crore. The price band is ₹192–₹203 per share. The IPO opens on Oct 21, 2024 and closes on Oct 23, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of Deepak Builders & Engineers India IPO is ₹192 to ₹203 per share.

The lot size of Deepak Builders & Engineers India IPO is 73 shares.

The minimum investment for Deepak Builders & Engineers India IPO is approximately ₹14,819 based on the upper price band .

Deepak Builders & Engineers India IPO opens on Oct 21, 2024 and closes on Oct 23, 2024.

The allotment date of Deepak Builders & Engineers India IPO is Oct 24, 2024.

Deepak Builders & Engineers India IPO is expected to be listed on Oct 28, 2024, on BSE and NSE .

Deepak Builders & Engineers India IPO listed on Oct 28, 2024. It was issued at ₹200.0(NSE) and is currently around ₹78.60 as on 14-May-2026 3:30 PM, which is approximately -61.3% versus issue price. The 52-week high is ₹185.60.

Based on listing and post-listing performance, Deepak Builders & Engineers India IPO delivered around -61.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Deepak Builders & Engineers India IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Deepak Builders & Engineers India IPO valuation snapshot: P/E 16.63, EPS 12.20, P/B 4.68, RoNW 9.57%, and market cap N/A.

To apply for Deepak Builders & Engineers India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Deepak Builders & Engineers India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Deepak Builders & Engineers India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Deepak Builders & Engineers India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Deepak Builders & Engineers India IPO allotment status on IPO Ji for quick and easy access.