Deepak Builders & Engineers India Ltd

Deepak Builders & Engineers India Ltd IPO

Deepak Builders & Engineers India Ltd IPO Price Range is ₹192 - 203, with a minimum investment of ₹14,819 for 73 shares.

₹14,819

/ 73 shares

Minimum Investment

View Deepak Builders & Engineers India Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹192 - 203

Open Date

2024-10-21

Close Date

2024-10-23

IPO Size

₹260.04 Cr

Lot Size

73 shares

Min Investment

₹14,819

Listing Exchange

NSE

Deepak Builders & Engineers India Ltd IPO Application Timeline

passed
Open Date21 Oct 2024
passed
Close Date23 Oct 2024
passed
Allotment Date24 Oct 2024
passed
Listing Date28 Oct 2024

IPO Subscription Status

IPO subscribed over

🚀 41.54x

This IPO has been subscribed by 39.79x in the retail category and 13.91x in the QIB category.

Subscription Rate

Total Subscription41.54x
Retail Individual Investors39.79x
Qualified Institutional Buyers13.91x
Non Institutional Investors82.47x
NameDeepak Builders & Engineers India Ltdx

Strengths and Risks

Strengths

Strengths

  • Established presence and proven track record.

  • Decent order book with a government client base.

  • Continuous Focus on equipment ownership.

  • Strong financial performance.

  • Experienced Promoters and Strong Senior Management Expertise.


Risks

Risks

  • Its revenue is majorly concentrated from projects undertaken or awarded by government, semi- government and government-controlled entities. Any adverse changes in the government policies may lead to its contracts being foreclosed, terminated, restructured or renegotiated, which may have a material effect on its business and results of operations.

  • Its portfolio of projects is concentrated in certain large-scale projects. Any delay or impediment to such projects may have adverse impact on its financial position.

  • While the company has a diversified geographical presence, its project portfolio has historically been concentrated in Punjab, India and any changes affecting the policies, laws and regulations or the political and economic environment in the region may adversely impact its business, financial condition and results of operations.

  • The company derives a significant portion of its revenues from a limited number of clients. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospects.

  • Construction & Infrastructure Projects are typically awarded to it on satisfaction of prescribed qualification criteria and following a competitive bidding process. Its business and the company financial condition may be adversely affected if new Construction & Infrastructure Projects are not awarded to it or if contracts awarded to the company is prematurely terminated.

  • The company may have certain contingent liabilities and its financial condition and profitability may be adversely affected if any of these contingent liabilities materialize.

  • Its business is working capital intensive involving relatively long implementation periods. If the company experience insufficient cash flows to enable it to make required payments on its debt or fund working capital requirements, there may be an adverse effect on its results of operations.

  • Its order Book may not be representative of its future results and the company actual income may be significantly less than the estimates reflected in its order book, which could adversely affect its business, financial condition, results of operations and prospects.

  • The Company and its Promoters Directors are involved in litigation proceedings that may have a material adverse outcome.

  • The company own and rent equipment and mobilize such equipment at the beginning of each project resulting in increased fixed and operating costs to the Company. In the event the company is not able to generate adequate cash flows it may have a material adverse impact on its operation.

How to Apply for Deepak Builders & Engineers India Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Deepak Builders & Engineers India Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Deepak Builders & Engineers India Ltd

We are an integrated engineering and construction company, specializing in execution and construction of administrative & institutional buildings, hospitals and medical colleges, industrial building, historical memorial complex, stadium and sports complex, and residential complex. We have diversified in undertaking specialized structural work such as flyovers, approach roads, rail under bridge, rail over bridges and development and redevelopment of railway stations. We undertake Construction & Infrastructure Projects both, as EPC services on a fixed-sum turnkey basis as well as on an item-rate basis/percentage basis. We excute projects on a turnkey basis comprising of architectural & structural, civil, HVAC, MEP, etc.

Frequently Asked Questions of Deepak Builders & Engineers India Ltd IPO

What is the size of the Deepak Builders & Engineers India Ltd IPO?

The size of the Deepak Builders & Engineers India Ltd IPO is ₹260.04 Cr.

What is the allotment date of the Deepak Builders & Engineers India Ltd IPO?

Deepak Builders & Engineers India Ltd IPO allotment date is Oct 24, 2024 (tentative).

What are the open and close dates of the Deepak Builders & Engineers India Ltd IPO?

The Deepak Builders & Engineers India Ltd IPO will open on Oct 21, 2024 and close on Oct 23, 2024

What is the lot size of Deepak Builders & Engineers India Ltd IPO?

The lot size for the Deepak Builders & Engineers India Ltd IPO is 73.

When will my Deepak Builders & Engineers India Ltd IPO order be placed?

Your Deepak Builders & Engineers India Ltd IPO order will be placed on Oct 21, 2024

Can we invest in Deepak Builders & Engineers India Ltd IPO?

Yes, once Deepak Builders & Engineers India Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Deepak Builders & Engineers India Ltd IPO?

The potential listing gains on the Deepak Builders & Engineers India Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Deepak Builders & Engineers India Ltd IPO?

'Pre-apply' for Deepak Builders & Engineers India Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.