Deepak Builders & Engineers India IPO GMP, Price Band, Allotment Status

Deepak Builders & Engineers India IPO opens for subscription from Monday, October 21, 2024, and closes on Wednesday, October 23, 2024. It is a book-built issue of Rs 260.04 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of 1.07 crore equity shares amounting to Rs 217.21 crores and OFS is of 0.21 crore equity shares amounting to Rs 42.83 crore.

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Deepak Builders & Engineers India IPO Price Band

Deepak Builders & Engineers India IPO price band is Rs 192 to Rs 203 per share. The minimum lot size set for the retail category is 73 shares. The minimum lot size for small NII is 14 lots consisting of 1,022 shares. Meanwhile, the minimum lot for big non-institutional investors is 68 lots with 4,964 shares.

The minimum investment required for retail category investors is Rs 14,819. However, for small non-institutional investors, the minimum investment amount required is Rs 2,07,466 for big non-institutional investors, it is Rs 10,07,692.

Deepak Builders & Engineers India IPO GMP

Deepak Builders & Engineers India IPO GMP quotation is not yet started. You can check the GMP price from the first day of subscription. If the subscription got oversubscribed then Deepak Builders & Engineers India IPO GMP might rise in the coming days.

Deepak Builders & Engineers India IPO Allotment Status

Deepak Builders & Engineers India IPO allotment status is expected to be finalised on Thursday, October 24, 2024. The listing will be on the BSE, NSE platform on Monday, October 28, 2024. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Deepak Builders & Engineers India IPO Listing Date

Deepak Builders & Engineers India IPO listing date of the company’s listing date is decided on October 28, 2024. The Listing will be on both the exchanges NSE and BSE. Retail investors can sell the shares after 10 AM on the listing day.

Deepak Builders & Engineers India IPO: Listing Date , Lot Size, Price Band

Deepak Builders & Engineers India Limited: About the Company

Deepak Builders & Engineers India incorporated in 2017, is a construction company specialising in administrative, institutional, and industrial buildings, hospitals, stadiums, residential complexes, and other construction activities. Deepak Builders & Engineers India has completed turnkey projects encompassing architectural, structural, civil, MEP, firefighting systems, public health services, IT systems, operation theatres, medical gas pipelines, and landscaping. The company’s business is categorised in 3 verticals – Construction Project business, Infrastructure project business and sale of products.

Deepak Builders & Engineers India IPO Objectives

Deepak Builders & Engineers India IPO is to raise funds from the general public. The net funds raised from this IPO will be utilised for meeting the day-to-day capital needs of the company. The remaining money will be used for acquisitions and fulfilling the general corporate purposes.

Deepak Builders & Engineers India IPO: Key Dates, Allotment, Listing Date

Deepak Builders & Engineers India IPO Subscription Details, IPO Reservation

Deepak Builders & Engineers India IPO subscription details will be available after the IPO opens on 28 october 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Net Institutional investors.

Deepak Builders & Engineers India IPO Lot Size Details

Deepak Builders & Engineers India, IPO lot size, is set at 73 shares per lot. For retail, the minimum lot size is 1 lot, amounting to Rs 14,819, and the maximum is 13 lots, amounting to Rs 1,92,647. For small HNI, the minimum lot size is 14, amounting to Rs 2,07,466, and the maximum is 67 lots, amounting to Rs 9,92,873. For the big HNI, the minimum is 68 lots.

Deepak Builders & Engineers India IPO Promoter Holdings

Deepak Builders & Engineers India IPO promoters are Deepak Kumar Singal and Sunita Singal. The promoters' shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline to 72.50%.

Deepak Builders & Engineers India Limited Company Financials (Amt in Crore)

Deepak Builders & Engineers India Limited posted revenue of Rs 106.34 crore and net profit of Rs 14.21 crore for the period ending on 30 Jun 2024. The company’s revenue increased by 19% and PAT rose by 182% between the FY ending on 31 March 2024 and 31 March 2023.

Deepak Builders & Engineers India IPO Registrar

Deepak Builders & Engineers India IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on Kfin Technologies and select the name of the company and enter PAN number or application ID to know their allotment status.

Deepak Builders & Engineers India IPO Lead Managers

Deepak Builders & Engineers India IPO lead managers are Fedex  Securities Private Limited.

How to apply to Deepak Builders & Engineers India IPO

Interested investors can apply to the Deepak Builders & Engineers India IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Deepak Builders & Engineers India IPO Review

Deepak Builders & Engineers India IPO is likely to get a positive response from the general public. The company is involved in the real estate sector. So, investors interested in the real estate sector can apply to this IPO to be a construction company. This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response, then Deepak Builders & Engineers India's IPO GMP will also rise.

Deepak Builders & Engineers India IPO FAQ

1. What are the details of the Deepak Builders & Engineers India IPO?

Deepak Builders & Engineers India IPO is a book-built issue of Rs 260.04 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of 1.07 crore equity shares amounting to Rs 217.21 crores and OFS is of 0.21 crore equity shares amounting to Rs 42.83 crore.

2. When will the Deepak Builders & Engineers India IPO open and close?

Deepak Builders & Engineers India IPO opens for subscription from Monday, October 21, 2024, and closes on Wednesday, October 23, 2024. Deepak Builders & Engineers India IPO allotment is expected to be finalised on Friday, October 24, 2024.

3. What is Deepak Builders & Engineers India IPO GMP?

Deepak Builders & Engineers India IPO GMP quotation is not yet started. You can check the GMP price on the first day of your subscription. If the subscription got oversubscribed, then Deepak Builders & Engineers India IPO GMP might rise in the coming days.

4. What are the details of Deepak Builders & Engineers India IPO reservation?

Deepak Builders & Engineers India IPO subscription details will be available after the IPO opens on 28 october 2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Net Institutional investors.

5. Write the details of the IPO Allotment?

Deepak Builders & Engineers India IPO Allotment details are not yet available. Once the subscription ends after the closing of IPO bidding. The allotment of investors who applied for IPO will be available in the registrar website, Kfin Technologies Limited.

6. Who is the registrar and lead managers for Deepak Builders & Engineers India IPO?

Deepak Builders & Engineers India IPO Registrar is Kfin Technologies Limited. The book-running lead manager for this IPO is Fedex securities Limited. Investors can check the allotment status in the Kfin Technologies Limited official website. 

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• What is IPO GMP?
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