₹ 14819
₹192- ₹203
73
₹200
-1
23 Oct 2024
Download25 Oct 2024
28 Oct 2024
Application Details
The Deepak Builders & Engineers India Limited IPO is scheduled to take place from October 21, 2024, to October 23, 2024. The IPO comes with a face value of ₹10 per share, and the price band is set between ₹192 to ₹203 per share. Investors can bid in lots, with each lot comprising 73 shares. The total issue size amounts to 12,810,000 shares, aggregating up to ₹260.04 crore. This includes a fresh issue of 10,700,000 shares, amounting to ₹217.21 crore, and an offer for sale of 2,110,000 shares, aggregating up to ₹42.83 crore.
Key dates for the IPO include the opening date on Monday, October 21, 2024, and the closing date on Wednesday, October 23, 2024. The basis of allotment will be finalized on Thursday, October 24, 2024, with refunds initiated on Friday, October 25, 2024. Investors can expect the credit of shares to their demat accounts by Friday, October 25, 2024, and the listing is scheduled for Monday, October 28, 2024.
For retail investors, the minimum application consists of 1 lot of 73 shares, amounting to ₹14,819. The maximum allowable investment for retail investors is 13 lots (949 shares), which totals ₹1,92,647.
About Deepak Builders & Engineers India Limited
Company Overview
Deepak Builders & Engineers India Limited, established in September 2017, is a dynamic and growing engineering and construction company headquartered in Punjab. The company has rapidly built a reputation for delivering a wide range of construction services, primarily focusing on the design and execution of hospitals, medical colleges, industrial buildings, administrative complexes, and institutional structures. Over the years, Deepak Builders & Engineers India has expanded its operations to include general construction projects and highly specialized engineering works.
Business Specialization
Deepak Builders & Engineers India offers expertise in various construction activities, including:
- Hospitals and medical colleges
- Administrative and institutional buildings
- Industrial buildings
- Residential complexes
- Stadiums and sports complexes
- Developmental projects such as flyovers, rail bridges, and railway stations
Key Project Types
Deepak Builders & Engineers India Limited operates across three primary business categories.
The Construction Projects division develops key facilities such as hospitals, administrative buildings, medical colleges, and industrial structures. This segment forms the core of Deepak Builders & Engineers India’s business, strongly emphasising delivering high-quality and efficient construction solutions for both public and private clients.
In the Infrastructure Projects segment, Deepak Builders & Engineers India undertakes large-scale infrastructure developments, including constructing and enhancing roads, bridges, railways, and railway stations. These projects are crucial for regional development, often involving the upgrading or redeveloping existing infrastructure to meet modern standards.
Lastly, the Sale of Products contributes to a smaller yet significant portion of Deepak Builders & Engineers India’s business. This includes the supply of various construction materials and products needed for project completion, further supporting the company’s overall operations.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.