{"id":4432,"date":"2024-10-17T12:05:43","date_gmt":"2024-10-17T06:35:43","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4432"},"modified":"2024-10-17T13:17:22","modified_gmt":"2024-10-17T07:47:22","slug":"review-of-deepak-builders-engineers-india-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/review-of-deepak-builders-engineers-india-ipo\/","title":{"rendered":"Review of Deepak Builders &amp; Engineers India Limited IPO: Lot Size, Check Issue Date, Price"},"content":{"rendered":"\n<p><strong>Deepak Builders &amp; Engineers India IPO Price: <\/strong>\u20b9192 to \u20b9203 per share<strong><br>IPO Dates:<\/strong> 21 October &#8211; 23 October 2024<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"849\" height=\"201\" src=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/10\/Deepak-Builders-Engineers-India-Logo.png\" alt=\"Deepak Builders &amp; Engineers India IPO\" class=\"wp-image-4443\" style=\"width:477px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/10\/Deepak-Builders-Engineers-India-Logo.png 849w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/10\/Deepak-Builders-Engineers-India-Logo-300x71.png 300w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/10\/Deepak-Builders-Engineers-India-Logo-768x182.png 768w\" sizes=\"(max-width: 849px) 100vw, 849px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"><strong>Company Overview<\/strong><\/h2>\n\n\n\n<p>Deepak Builders &amp; 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 &amp; Engineers India has expanded its operations to include general construction projects and highly specialized engineering works.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Business Specialization<\/h2>\n\n\n\n<p>Deepak Builders &amp; Engineers India offers expertise in various construction activities, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Hospitals and medical colleges<\/li>\n\n\n\n<li>Administrative and institutional buildings<\/li>\n\n\n\n<li>Industrial buildings<\/li>\n\n\n\n<li>Residential complexes<\/li>\n\n\n\n<li>Stadiums and sports complexes<\/li>\n\n\n\n<li>Developmental projects such as flyovers, rail bridges, and railway stations<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Key Project Types<\/h2>\n\n\n\n<p>Deepak Builders &amp; Engineers India Limited operates across three primary business categories.<\/p>\n\n\n\n<p>The <strong>Construction Projects<\/strong> division develops key facilities such as hospitals, administrative buildings, medical colleges, and industrial structures. This segment forms the core of Deepak Builders &amp; Engineers India&#8217;s business, strongly emphasising delivering high-quality and efficient construction solutions for both public and private clients.<\/p>\n\n\n\n<p>In the <strong>Infrastructure Projects<\/strong> segment, Deepak Builders &amp; 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.<\/p>\n\n\n\n<p>Lastly, the <strong>Sale of Products<\/strong> contributes to a smaller yet significant portion of Deepak Builders &amp; Engineers India\u2019s business. This includes the supply of various construction materials and products needed for project completion, further supporting the company\u2019s overall operations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Completed and Ongoing Projects<\/h2>\n\n\n\n<p>Since its inception, Deepak Builders &amp; Engineers India has completed 17 projects with a combined contract value of \u20b92,183.60 million. These include prestigious projects such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Jang-E-Azadi Memorial<\/strong> in Kartarpur, Punjab<\/li>\n\n\n\n<li><strong>Heritage Walk<\/strong> at the Golden Temple Corridor, Amritsar<\/li>\n\n\n\n<li><strong>Super Specialty Block<\/strong> at Government Medical College, Patiala<\/li>\n\n\n\n<li><strong>Geriatrics Block<\/strong> at AIIMS, New Delhi<\/li>\n<\/ul>\n\n\n\n<p>Currently, the company is managing <strong>12 ongoing projects<\/strong>, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>4 hospital and medical college projects<\/li>\n\n\n\n<li>1 administrative building<\/li>\n\n\n\n<li>1 industrial building<\/li>\n\n\n\n<li>4 railway station upgrade projects<\/li>\n\n\n\n<li>2 road and bridge projects<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Geographical Presence<\/h2>\n\n\n\n<p>Deepak Builders &amp; Engineers India operates in four Indian states: Punjab, Haryana, Rajasthan, and Uttarakhand. Additionally, it has a presence in two Union Territories: Chandigarh and the National Capital Territory of Delhi.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Competitive Strengths<\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>High-Quality Construction:<\/strong> Deepak Builders &amp; Engineers India focuses on delivering high-quality projects through the use of modern technology, efficient processes, and a skilled workforce.<\/li>\n\n\n\n<li><strong>Modern Equipment:<\/strong> The company invests in modern construction equipment, ensuring the timely completion of projects.<\/li>\n\n\n\n<li><strong>Experienced Management:<\/strong> The company is led by a seasoned management team with a strong track record in the construction industry.<\/li>\n\n\n\n<li><strong>Government Client Base:<\/strong> Deepak Builders &amp; Engineers India has established a strong presence with a robust order book that includes government contracts.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Future Growth<\/h2>\n\n\n\n<p>Deepak Builders &amp; Engineers India has expanded its portfolio, allowing it to bid for larger, more complex projects. For example, the company has secured a contract worth \u20b9532.96 crore from Indian Oil Corporation for constructing a plant building in Panipat, Haryana. The company continues to focus on building its expertise in both construction and infrastructure projects, positioning itself for further growth in the coming years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n<div\n\t\tclass=\"free align wp-block-ctb-countdown-time\"\tid='ctbCountdownTime-1'\n\tdata-nonce='&quot;08ca5a0cf6&quot;'\n\tdata-attributes='{&quot;cId&quot;:&quot;d726506c-8&quot;,&quot;destDate&quot;:&quot;2024-10-21T10:00:00&quot;,&quot;padding&quot;:{&quot;vertical&quot;:&quot;10px&quot;,&quot;horizontal&quot;:&quot;15px&quot;,&quot;side&quot;:4,&quot;top&quot;:&quot;10px&quot;,&quot;right&quot;:&quot;15px&quot;,&quot;bottom&quot;:&quot;10px&quot;,&quot;left&quot;:&quot;15px&quot;},&quot;shadow&quot;:{&quot;hOffset&quot;:&quot;1px&quot;,&quot;color&quot;:&quot;rgba(204, 31, 31, 1)&quot;},&quot;boxBG&quot;:{&quot;type&quot;:&quot;solid&quot;,&quot;color&quot;:&quot;var(--ast-global-color-5)&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg,rgb(254,209,199) 45%,rgb(254,141,198) 100%)&quot;},&quot;boxBorder&quot;:{&quot;radius&quot;:&quot;5%&quot;,&quot;color&quot;:&quot;var(--ast-global-color-3)&quot;,&quot;width&quot;:&quot;3px&quot;},&quot;boxShadow&quot;:{&quot;color&quot;:&quot;rgba(57, 64, 67, 1)&quot;,&quot;hOffset&quot;:&quot;2px&quot;,&quot;vOffset&quot;:&quot;2px&quot;,&quot;blur&quot;:&quot;10px&quot;,&quot;spreed&quot;:&quot;2px&quot;},&quot;digitColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;labelColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;isSep&quot;:true,&quot;sepSize&quot;:68,&quot;sepColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;align&quot;:&quot;&quot;,&quot;layout&quot;:&quot;default&quot;,&quot;isResponsive&quot;:true,&quot;boxIsInline&quot;:false,&quot;boxPosition&quot;:&quot;center&quot;,&quot;isLabels&quot;:true,&quot;isDays&quot;:true,&quot;daysLabel&quot;:&quot;Days&quot;,&quot;isHours&quot;:true,&quot;hoursLabel&quot;:&quot;Hours&quot;,&quot;isMinutes&quot;:true,&quot;minutesLabel&quot;:&quot;Minutes&quot;,&quot;isSeconds&quot;:true,&quot;secondsLabel&quot;:&quot;Seconds&quot;,&quot;isExpired&quot;:false,&quot;hideOn0&quot;:false,&quot;hideOnMobile&quot;:false,&quot;hideOnTablet&quot;:false,&quot;prefixSuffixDirection&quot;:&quot;row&quot;,&quot;prefixText&quot;:&quot;&quot;,&quot;suffixButtonText&quot;:&quot;&quot;,&quot;suffixButtonUrl&quot;:&quot;#&quot;,&quot;addID&quot;:&quot;&quot;,&quot;addClass&quot;:&quot;&quot;,&quot;addCSS&quot;:&quot;&quot;,&quot;width&quot;:&quot;0px&quot;,&quot;background&quot;:{&quot;color&quot;:&quot;#0000&quot;},&quot;alignment&quot;:&quot;center&quot;,&quot;boxWidth&quot;:&quot;170px&quot;,&quot;boxHeight&quot;:&quot;120px&quot;,&quot;boxSpace&quot;:&quot;30px&quot;,&quot;digitTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;48px&quot;,&quot;tablet&quot;:&quot;40px&quot;,&quot;mobile&quot;:&quot;32px&quot;}},&quot;labelTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;18px&quot;,&quot;tablet&quot;:&quot;17px&quot;,&quot;mobile&quot;:&quot;16px&quot;}},&quot;isDaysSingleStyle&quot;:false,&quot;daysBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;daysDigitColor&quot;:&quot;#fff&quot;,&quot;daysLabelColor&quot;:&quot;#fff&quot;,&quot;isHoursSingleStyle&quot;:false,&quot;hoursBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;hoursDigitColor&quot;:&quot;#fff&quot;,&quot;hoursLabelColor&quot;:&quot;#fff&quot;,&quot;isMinutesSingleStyle&quot;:false,&quot;minutesBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;minutesDigitColor&quot;:&quot;#fff&quot;,&quot;minutesLabelColor&quot;:&quot;#fff&quot;,&quot;isSecondsSingleStyle&quot;:false,&quot;secondsBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;secondsDigitColor&quot;:&quot;#fff&quot;,&quot;secondsLabelColor&quot;:&quot;#fff&quot;,&quot;sepType&quot;:&quot;:&quot;,&quot;prefixTextTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;15px&quot;}},&quot;prefixTextColor&quot;:&quot;#222&quot;,&quot;suffixButtonTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;16px&quot;}},&quot;suffixButtonColors&quot;:{&quot;color&quot;:&quot;#fff&quot;,&quot;bg&quot;:&quot;#222&quot;},&quot;suffixButtonPadding&quot;:{&quot;vertical&quot;:&quot;14px&quot;,&quot;horizontal&quot;:&quot;28px&quot;},&quot;isDismiss&quot;:false,&quot;dismissColor&quot;:&quot;#333&quot;}'\n\tdata-content='&quot;&quot;'\n><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-buttons alignfull is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-03627597 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size is-style-fill has-medium-font-size\"><a class=\"wp-block-button__link has-ast-global-color-5-color has-text-color has-link-color wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" style=\"border-width:18px;border-radius:32px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--50)\" target=\"_blank\" rel=\"https:\/\/lakshmishree.com\/ipo\/ noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Deepak Builders &amp; Engineers India IPO<\/strong> Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>October 21, 2024 to October 23, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, October 28, 2024<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9192 to \u20b9203 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>73 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>12,810,000 shares<br>(aggregating up to \u20b9260.04 Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>10,700,000 shares<br>(aggregating up to \u20b9217.21 Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>2,110,000 shares of \u20b910<br>(aggregating up to \u20b942.83 Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>35,880,860<\/td><\/tr><tr><td>Share holding post issue<\/td><td>46,580,860<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Deepak Builders &amp; Engineers India IPO<\/strong> Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Monday, October 21, 2024<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Wednesday, October 23, 2024<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Thursday, October 24, 2024<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Friday, October 25, 2024<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Friday, October 25, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, October 28, 2024<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on October 23, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Deepak Builders &amp; Engineers India IPO<\/strong> Lot Size<\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 73 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>73<\/td><td>\u20b914,819<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>949<\/td><td>\u20b91,92,647<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>1,022<\/td><td>\u20b92,07,466<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>67<\/td><td>4,891<\/td><td>\u20b99,92,873<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>68<\/td><td>4,964<\/td><td>\u20b910,07,692<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Deepak Builders &amp; Engineers India IPO<\/strong> Reservation<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Deepak Builders &amp; Engineers India Limited IPO Financial Information<\/strong><\/h2>\n\n\n\n<p>Deepak Builders &amp; Engineers India Limited witnessed a notable 19% growth in revenue and a substantial 182% surge in profit after tax (PAT) from the fiscal year concluding on March 31, 2024, to March 31, 2023.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>31 Mar 2024<\/th><th>30 June 2024<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>322.18<\/td><td>449.3<\/td><td>558.75<\/td><td>641.1<\/td><\/tr><tr><td>Revenue<\/td><td>364.99<\/td><td>435.46<\/td><td>546.74<\/td><td>106.34<\/td><\/tr><tr><td>Profit After Tax<\/td><td>17.66<\/td><td>21.4<\/td><td>60.41<\/td><td>14.21<\/td><\/tr><tr><td>Net Worth<\/td><td>70.34<\/td><td>59.35<\/td><td>141.25<\/td><td>155.81<\/td><\/tr><tr><td>Reserves and Surplus<\/td><td>48.84<\/td><td>64.66<\/td><td>124.22<\/td><td>138.23<\/td><\/tr><tr><td>Total Borrowing<\/td><td>79.65<\/td><td>96.57<\/td><td>153.04<\/td><td>153.17<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator &#8211; <strong>Deepak Builders &amp; Engineers India IPO<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap <\/td><td>\u20b9 945.59 Cr.<\/td><\/tr><tr><td>EPS<\/td><td>\u20b916.84<\/td><\/tr><tr><td>P\/E (x)<\/td><td>12.06<\/td><\/tr><tr><td>ROE<\/td><td>8.48%<\/td><\/tr><tr><td>ROCE<\/td><td>8.97%<\/td><\/tr><tr><td>Debt\/ Equity<\/td><td>0.91<\/td><\/tr><tr><td>RoNW<\/td><td>9.57%<\/td><\/tr><tr><td>P\/BV<\/td><td>4.68<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><sub><sup>as of June 30, 2024<\/sup><\/sub><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The company plans to use the net proceeds from the fresh issue for the following purposes:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Repayment or partial prepayment of specific borrowings taken by the company.<\/li>\n\n\n\n<li>Funding the company\u2019s working capital needs.<\/li>\n\n\n\n<li>For general corporate purposes.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-left is-layout-flex wp-container-core-group-is-layout-7aba0d93 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-bottom:0\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-be3a1d190f59928c766101eeb7578409\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/apr-2024\/deepak-builders-and-engineers-india-limited_82895.html\" target=\"_blank\" rel=\"noreferrer noopener\">Deepak Builders &amp; Engineers India Limited IPO DRHP.<\/a><\/p>\n\n\n\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-f516549419ef0c7922e3fdc889a1cbaa\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/oct-2024\/deepak-builders-and-engineers-india-limited-rhp_87578.html\" target=\"_blank\" rel=\"noreferrer noopener\">Deepak Builders &amp; Engineers India Limited IPO RHP.<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deepak Builders &amp; Engineers India IPO Price: \u20b9192 to \u20b9203 per shareIPO Dates: 21 October &#8211; 23 October 2024 Company Overview Deepak Builders &amp; 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[55],"tags":[516,161,162],"class_list":["post-4432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-news","tag-deepak-builders-engineers-india","tag-ipo","tag-upcoming-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4432"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4432\/revisions"}],"predecessor-version":[{"id":4450,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4432\/revisions\/4450"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4444"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}