This IPO is to be list on BSE & NSE platform on 28 October, 2024, and allotment date is on 24 October, 2024 which check Deepak Builders IPO allotment status on KFin Technologies Limited is the registrar for this offering.
The book-running lead managers of this IPO is Fedex Securities Private Limited. For more information check Deepak Builders IPO DRHP and RHP details.
Deepak Builders and Engineers IPO Details
IPO Issue Open Date: | 21 October, 2024 |
IPO Issue Close Date: | 23 October, 2024 |
IPO Issue Price Band: | ₹192 to ₹203 Per Share |
Face Value: | ₹10 Per Equity Share |
IPO Issue Size: | ₹260.04 Crores | 12,810,000 shares |
Fresh Issue: | ₹217.21 Crores | 10,700,000 shares |
Offer for Sale: | Approx 2,110,000 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing At: | BSE & NSE |
IPO Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Employee Discount: | ₹[.] per share |
Deepak Builders IPO Prospectus:
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Deepak Builders IPO Dates Timeline
Issue Open Date: | 21 October 2024 |
Issue Close Date: | 23 October 2024 |
Basis of Allotment Date: | 24 October 2024 |
Refunds Initiation: | 25 October 2024 |
Shares Credit in Demat: | 25 October 2024 |
IPO Listing Date Detail: | 28 October 2024 |
Deepak Builders IPO Market Lot
Application | Lot Size, Shares and Price Details |
Retail (Min) | 1 lots and 73 shares = ₹14,819 |
Retail (Max) | 13 lots and 949 shares = ₹192,647 |
HNI (Min) | 14 lots and 1,022 shares = ₹207,466 |
B-HNI Minimum | 68 lots and 4,964 shares = ₹1,007,692 |
Deepak Builders IPO GMP*
GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
Today | ₹30 | ₹2,500 | ₹– | 15% |
25th Oct | ₹50 | ₹2,500 | ₹– | 25% |
24th Oct | ₹50 | ₹2,500 | ₹– | 25% |
23th Oct | ₹60 | ₹2,500 | ₹– | 30% |
22th Oct | ₹60 | ₹2,500 | ₹– | 30% |
21th Oct | ₹60 | ₹2,500 | ₹- | 30% |
18th Oct | ₹30 | ₹1,700 | ₹- | 15% |
17th Oct | ₹25 | ₹- | ₹- | 12% |
16th Oct | ₹- | ₹- | ₹- | ₹- |
About Deepak Builders
Deepak Builders and Engineers is an integrated engineering and construction company, specializing in the execution and construction of administrative & institutional buildings, hospitals, and medical colleges, industrial buildings, historical memorial complexes, stadium and sports complexes, residential complex various developmental and other construction activities (“Construction Projects”). While their primary focus and strength are deeply rooted in Construction Projects, they have diversified in undertaking specialized structural work such as flyovers, rail under the bridge, rail over bridges, approach roads, and development and redevelopment of railway stations (“Infrastructure Projects”)(Construction Projects and Infrastructure projects collectively referred to as “Construction & Infrastructure Projects”).
They undertake Construction &Infrastructure Projects both, as EPC services on a fixed-sum turnkey basis as well as on an item-rate basis/percentage basis. As an engineering and construction company, they have a proven track record of executing turnkey projects comprising architectural & structural work, civil works, HVAC, Mechanical Electrical& Plumbing (“MEP”) works, firefighting & fire alarm systems, public health services, information technology system, modular operation theatre, medical gas pipeline systems, and external development work, including landscaping work. Since incorporation, they believe they have transitioned into an established EPC player, demonstrating their expertise in various construction and infrastructure development projects including specialized structures across four (4) states of India, i.e. Punjab, Haryana, Rajasthan, Uttarakhand, and two (2) Union Territories i.e. Chandigarh and National Capital Territory of Delhi. Their revenue from operations has increased significantly from ₹3,107.55 million in Fiscal 2021 to ₹4,334.55 million in Fiscal 2023 and to ₹2,494.49 million in the seven months period ended October 31, 2023.
Deepak Builders IPO 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
Objects of the IPO Issue
- Repayment/prepayment, in full or part, of certain borrowings availed by our Company;
- Funding of working capital requirements of our Company; and
- General corporate purposes.
Deepak Builders Company Financial Report
The company reported revenue of ₹435.46 crores in 2024 against ₹364.99 crores in 2023. The company reported a profit of ₹21.40 crores in 2024 against a loss of ₹17.66 crores in 2023.
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2021 | ₹312.04 | ₹294.01 | ₹12.93 | ₹243.17 |
2022 | ₹364.99 | ₹341.24 | ₹17.66 | ₹322.18 |
2023 | ₹435.46 | ₹406.73 | ₹21.40 | ₹449.30 |
Oct 2023 | ₹251.60 | ₹223.46 | ₹20.63 | ₹491.36 |
Deepak Builders IPO Valuation – Key Performance Indicator
Check Deepak Builders IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 23.06% |
ROCE: | 26.10% |
EBITDA Margin: | 12.20% |
PAT Margin: | 4.94% |
Debt to equity ratio: | 1.04 |
Earning Per Share (EPS): | ₹5.96 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 26.80% |
Net Asset Value (NAV): | ₹24.90 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
Company | EPS | PE Ratio | RoNW % | NAV | Income |
IRCON International Limited | 8.26 | 27.85 | 15.85% | 55.06 | – Cr. |
Ahluwalia Contracts (India) Limited | 28.98 | 37.31 | 17.13% | 183.59 | – Cr. |
PSP Projects Limited | 36.95 | 19.70 | 17.92% | 222.17 | – Cr. |
ITD Cementation Limited | 7.23 | 45.06 | 10.50% | 72.04 | – Cr. |
Deepak Builders IPO Registrar
Kfin Technologies Limited
Phone: +91 40 6716 2222
Email: deepakbuilders.ipo@kfintech.com
Website: https://ris.kfintech.com/
Deepak Builders IPO Lead Manager
- Fedex Securities Private Limited
Deepak Builders IPO allotment status check on Kfin Technologies website. Click on Kfin Technologies to get allotment status.
Promoters of Deepak Builders
- Deepak Kumar Singal
- Sunita Singal.
Company Address
Deepak Builders & Engineers India Limited
Ahluwalia Chambers, 1st Floor, Plot No. 16 &17,
Local Shopping Centre, Madangir, near Pushpa
Bhawan, South Delhi, New Delhi – 110 062, India
Phone: +91 90 3099 4222;
Email: investors@premierenergies.com;
Website: www.premierenergies.com