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Deepak Builders & Engineers India Ltd.

Construction - Real Estate

IPO Details
  • Issue Type Book building
  • Price range Rs.192-203
  • Market Lot 73
  • Total Equity Shares 8967061
  • Face Value Rs. 10
  • Listing Date Oct 28, 2024
IPO Timeline
Opening date Oct 21, 2024
Closing date Oct 23, 2024
Listing Date Oct 28, 2024

IPO Details

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, residential complex and various developmental and other construction activity (“Construction Projects”). While our primary focus and strength are deeply rooted in Construction Projects, we have diversified in undertaking specialized structural work such as flyovers, rail under 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”). 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. As an engineering and construction company, we have a proven track record of executing turnkey projects comprising of 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, we believe we have transitioned into an established EPC player, demonstrating our 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. Our 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.

Projects

1. Project Name: Repayment/prepayment, in full or part, of certain borrowings availed by our Company

Project Cost: 300

2. Project Name: Funding of working capital requirements of our Company

Project Cost: 1119.56

3. Project Name: General corporate purposes

Project Cost: 497.61

Promoters

Prmoters Name

1. Deepak Kumar Singal

2. Sunita Singal

Prmoters Holdings
  • Pre Share Capital: 35880560
  • Pre Promoter Holding: 100
  • Offer to Public: 14400000
  • Post Share Capital: 33770560
  • Post Promoter Holding: 72.5

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Fedex Securities Ltd.

Subscription Details

Field Description Field Value
Ipo Code 2916
Total Equity 8967061

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 2562061
No of Shares Bid For Qualified Institutional Buyers 35627577
Total No of Shares Bid For Qualified Institutional Buyers 13.91
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 20368095
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 15259482
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 1921500
No of Shares Bid For Non-Institutional Buyers 158468546
Total No of Shares Bid For Non-Institutional Buyers 82.47
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 1527087
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 149819798
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 7121661
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 4483500
No of Shares Bid For Retail Individual Investor 178383749
Total No of Shares Bid For Retail Individual Investor 39.79
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 147961145
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 30422604
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 8967061
No of Shares Bid For All 372479872
Total 41.54