Deepak Builders and Engineers IPO Description – Deepak Builders and Engineers India is an integrated engineering and construction firm specializing in a wide range of projects, including the construction of administrative and institutional buildings, hospitals, medical colleges, industrial facilities, historical memorial complexes, stadiums and sports complexes, residential complexes, and various other developmental and construction activities.
While the company’s primary focus and strength lie in Construction Projects, Deepak Builders has expanded its portfolio to include specialized structural work such as flyovers, rail under bridges, rail over bridges, approach roads, and the development and redevelopment of railway stations, collectively known as “Infrastructure Projects.” Deepak Builders is a seasoned EPC player with expertise in construction and infrastructure projects across Punjab, Haryana, Rajasthan, Uttarakhand, Chandigarh, and Delhi. The company’s revenue has surged from INR 363.05 crore in Fiscal 2022 to INR 511.40 crore in Fiscal 2024, reaching INR 105.11 crore by 30 June 2024.
Deepak Builders and Engineers India has completed 17 projects and currently has 12 ongoing projects, which include 7 EPC projects and 5 item-rate or percentage-rate contracts. As of 30 June 2024, the company has 632 full-time employees comprising both skilled and on-site workers engaged in various projects.
Promoters of Deepak Builders and Engineers India – Deepak Kumar Singal, and Sunita Singal
Table of Contents
Deepak Builders and Engineers IPO Details
| Deepak Builders and Engineers IPO Dates | 21 – 23 October 2024 |
| Deepak Builders and Engineers Issue Price | INR 192 – 203 per share |
| Fresh issue | 1,07,00,000 shares (INR 205.44 – 217.21 crore) |
| Offer For Sale | 21,10,000 shares (INR 40.51 – 42.83 crore) |
| Total IPO size | 1,28,10,000 shares (INR 245.95 – 260.04 crore) |
| Minimum bid (lot size) | 73 shares (INR 14,819) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Deepak Builders and Engineers Financial Performance
| FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 | |
| Revenue | 363.05 | 433.46 | 511.40 | 105.11 |
| Expenses | 341.24 | 406.73 | 434.96 | 83.10 |
| Net income | 17.66 | 21.40 | 60.41 | 14.21 |
| Margin (%) | 4.86 | 4.93 | 11.81 | 13.52 |
Deepak Builders and Engineers Offer News
- Deepak Builders and Engineers RHP
- Deepak Builders and Engineers DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Deepak Builders and Engineers Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2024 (Post Issue)* | |
| EPS | 4.92 | 5.96 | 16.83 | 12.96 |
| PE Ratio | – | – | 11.41 – 12.06 | 14.81 – 15.66 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 28.40 | 26.80 | 52.39 |
| NAV | 19.59 | 24.89 | 39.35 |
| ROCE (%) | 27.26 | 26.10 | 41.72 |
| EBITDA (%) | 12.08 | 12.20 | 22.98 |
| Debt/Equity | 1.11 | 1.04 | 1.00 |
Deepak Builders and Engineers IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 26 October 2024 | 35 | – | 1,800 |
| 25 October 2024 | 55 | – | 2,500 |
| 24 October 2024 | 55 | – | 2,500 |
| 23 October 2024 | 55 | – | 2,500 |
| 22 October 2024 | 60 | 2,800 | |
| 21 October 2024 | 55 | – | 2,700 |
| 19 October 2024 | 45 | – | 2,500 |
| 18 October 2024 | 25 | – | 1,200 |
| 17 October 2024 | 23 | – | 1,200 |
| 16 October 2024 | 10 | – | 400 |
Deepak Builders and Engineers IPO Objectives
The company proposes to utilize the Net Proceeds from the Total Issue towards the following objects:
- Repayment/prepayment, in full or part, of certain borrowings availed by the company – INR 30 crore
- Funding of working capital requirements of the company – INR 111.96 crore
- General corporate purposes.
Deepak Builders and Engineers IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 25,62,061 | 19,21,500 | 44,83,500 | 89,67,061 |
| 23 Oct 2024 | 13.91 | 82.47 | 39.79 | 41.54 |
| 22 Oct 2024 | 1.08 | 17.41 | 16.00 | 12.04 |
| 21 Oct 2024 | 0.52 | 4.26 | 6.12 | 4.12 |
Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Deepak Builders and Engineers – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV |
| Deepak Builders & Engineers | 15.66 | 12.96 | 52.39 | 39.35 |
| IRCON International | 24.67 | 9.17 | 15.76 | 61.37 |
| Ahluwalia Contracts (India) | 19.25 | 56.06 | 23.44 | 239.17 |
| PSP Projects | 19.16 | 34.42 | 13.55 | 254.06 |
| ITD Cementation | 37.04 | 15.93 | 20.00 | 86.95 |
Deepak Builders and Engineers IPO Dates & Listing Performance
| IPO Opening Date | 21 October 2024 |
| IPO Closing Date | 23 October 2024 |
| Finalization of Basis of Allotment | 24 October 2024 |
| Initiation of refunds | 25 October 2024 |
| Transfer of shares to demat accounts | 25 October 2024 |
| Deepak Builders IPO Listing Date | 28 October 2024 |
| Opening Price on NSE | INR 200 per share (down 1.48%) |
| Closing Price on NSE | INR 161.95 per share (down 20.22%) |
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Deepak Builders and Engineers Offer Lead Manager
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: [email protected]
Website: www.fedsec.in
Deepak Builders and Engineers Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:+91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Deepak Builders and Engineers Contact Details
DEEPAK BUILDERS AND ENGINEERS INDIA LIMITED
Near Lodhi Club, Shaheed Bhagat Singh
Nagar, Ludhiana, Punjab – 141 012, India
Phone: +91 98759 09242
Email: [email protected]
Website: www.deepakbuilders.co.in
Deepak Builders and Engineers IPO FAQs
How many shares in Deepak Builders and Engineers IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Deepak Builders and Engineers Public Offer?
The best way to apply for Deepak Builders and Engineers is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Deepak Builders and Engineers IPO GMP today?
Deepak Builders and Engineers IPO GMP today is INR 35 per share.
What is Deepak Builders and Engineers kostak rate today?
Deepak Builders and Engineers kostak rate today is INR NA per application.
What is Deepak Builders and Engineers Subject to Sauda rate today?
Deepak Builders and Engineers Subject to Sauda rate today is INR 1,800 per application.
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