Deepak Builders & Engineers India Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹192 - ₹203
- Lot size
- 73 shares
- Issue amount
- ₹260.04 cr
- Total subscription
- 41.54×
- Opens
- 21 Oct 2024
- Closes
- 23 Oct 2024
- Allotment
- 24 Oct 2024
- Listing
- 28 Oct 2024
Offer at a glance
Issue overview
- Issue size
- 1,28,10,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,016
- Fresh issue
- ₹217.21 cr
- Offer for sale
- ₹42.83 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,819
- Issue type
- Bookbuilding IPO
- Shares before issue
- 3,58,80,860
- Shares after issue
- 4,65,80,860
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 73 | ₹14,819 |
| sHNI | 14 | 1,022 | ₹2,07,466 |
| bHNI | 68 | 4,964 | ₹10,07,692 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 1,253 | 19,732 |
| HNIs (2-10L) | 627 | 55,037 |
| RETAIL | 61,418 | 24,83,279 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 52.01 | 723.24 |
| RETAIL | 91.02 | 3,621.19 |
| HNIs 2+ | 13 | 1,192.18 |
| HNIs 10+ | 26 | 2,024.73 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 3.96 | 16.84 | 5.96 |
| ROE | 8.48 | 39.39 | 23.06 |
| ROCE | 8.97 | 41.72 | 26.1 |
| RONW | 9.57 | 52.39 | 26.8 |
| PRE IPO(PE) | 12.06 | 0 | 0 |
| POST IPO(PE) | 16.63 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Deepak Builders & Engineers India Limited, established in September 2017, is a versatile engineering and construction firm handling a wide range of projects across India. The company operates in two main areas: Construction Projects, which include administrative buildings, hospitals, colleges, industrial structures, historical memorials, sports complexes, and residential developments, and Infrastructure Projects, specializing in flyovers, railway bridges, and station redevelopment. With a presence in Punjab, Haryana, Rajasthan, Uttarakhand, and the Union Territories of Chandigarh and Delhi, Deepak Builders delivers Engineering, Procurement, and Construction (EPC) services through both fixed-sum turnkey and item-rate/percentage contracts.
Strengths
- Strong Track Record: Completed 76 major construction and infrastructure projects, showcasing proven expertise.
- Top-Tier Accreditation: Class I – (Super) Contractor status enables bidding for government projects up to ₹6,500 million.
- In-House Machinery: Large fleet of 397 construction machines ensures efficient execution with minimal external dependency.
Risk factors
- Government Dependence: Heavy reliance on government contracts increases vulnerability to policy shifts and project delays.
- Large-Project Exposure: Focus on big-ticket projects heightens risks of delays and cost overruns, impacting profitability.
- Regional Concentration: Major dependence on Punjab makes the business sensitive to regional economic or policy disruptions.
Promoters
Deepak Kumar Singal
Sunita Singal
Registrar & documents
Lead manager
Fedex Securities Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Ahluwalia Chambers, 1st Floor, Plot No. 16 &17, Local Shopping Centre, Madangir, near Pushpa Bhawan, South Delhi- 110062
+91 9875909242
[email protected]Company website ↗Understanding DBEIL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.