Deepak Builders And Engineers IPO GMP, Price, Allotment, Profit Estimate 2024

Deepak Builders and Engineers IPO Description – Deepak Builders and Engineers India is an integrated engineering and construction firm specializing in a wide range of projects, including the construction of administrative and institutional buildings, hospitals, medical colleges, industrial facilities, historical memorial complexes, stadiums and sports complexes, residential complexes, and various other developmental and construction activities.

While the company’s primary focus and strength lie in Construction Projects, Deepak Builders has expanded its portfolio to include specialized structural work such as flyovers, rail under bridges, rail over bridges, approach roads, and the development and redevelopment of railway stations, collectively known as “Infrastructure Projects.” Deepak Builders is a seasoned EPC player with expertise in construction and infrastructure projects across Punjab, Haryana, Rajasthan, Uttarakhand, Chandigarh, and Delhi. The company’s revenue has surged from INR 310.76 crore in Fiscal 2021 to INR 433.46 crore in Fiscal 2023, reaching INR 322.47 crore by 31 December 2023.

Deepak Builders and Engineers India has completed 16 projects and currently has 11 ongoing projects, which include 6 EPC projects and 5 item-rate or percentage-rate contracts. As of 29 February 2024, the company has 642 full-time employees comprising both skilled and on-site workers engaged in various projects.

Promoters of Deepak Builders and Engineers India – Deepak Kumar Singal, and Sunita Singal

Deepak Builders and Engineers IPO Details

Deepak Builders and Engineers IPO Dates	18 – 22 October 2024 (Tentative)
Deepak Builders and Engineers Issue Price	Coming soon
Fresh issue	1,20,00,000 shares
Offer For Sale	24,00,000 shares
Total IPO size	1,44,00,000 shares
Minimum bid (lot size)	Coming soon
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE, BSE

Deepak Builders and Engineers Financial Performance

	FY 2021	FY 2022	FY 2023	9M FY 2024
Revenue	310.76	363.05	433.46	322.46
Expenses	294.01	341.24	406.73	289.63
Net income	12.93	17.66	21.40	26.59
Margin (%)	4.16	4.86	4.93	8.25

Figures in INR Crores unless specified otherwise

Deepak Builders and Engineers Offer News

Deepak Builders and Engineers Valuations & Margins

	FY 2021	FY 2022	FY 2023 (Pre Issue)	9M FY 2024 (Post-Issue)*
EPS	3.60	4.92	5.96	7.41
PE Ratio	–	–	–	–

* Calculated on the basis of annualized Profits After Tax for FY 2024

	FY 2021	FY 2022	FY 2023
RONW (%)	26.22	28.40	26.80
NAV	15.06	19.60	24.90
ROCE (%)	27.12	27.26	26.10
EBITDA (%)	11.28	12.02	12.15
Debt/Equity	1.24	1.11	1.04

*Compiled by IPO Central from Prospectus

Deepak Builders and Engineers IPO GMP Today (Daily Trend)

Deepak Builders and Engineers IPO Objectives

The company proposes to utilize the Net Proceeds from the Total Issue towards the following objects:

Repayment/prepayment, in full or part, of certain borrowings availed by the company – INR 30 crore
Funding of working capital requirements of the company – INR 95 crore
General corporate purposes.

Deepak Builders and Engineers IPO Subscription – Live Updates

Coming soon

Deepak Builders and Engineers – Comparison With Listed Peers

Company	PE ratio	EPS	RONW (%)	NAV
Deepak Builders & Engineers	–	5.96	26.80	24.90
IRCON International	27.85	8.26	15.85	55.06
Ahluwalia Contracts (India)	37.31	28.98	17.13	183.59
PSP Projects	19.70	36.95	17.92	222.17
ITD Cementation	45.06	7.23	10.50	72.04

Deepak Builders and Engineers IPO Allotment Status

Deepak Builders & Engineers IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.

Deepak Builders and Engineers IPO Dates & Listing Performance

IPO Opening Date	18 October 2024
IPO Closing Date	22 October 2024
Finalization of Basis of Allotment	23 October 2024
Initiation of refunds	24 October 2024
Transfer of shares to demat accounts	24 October 2024
Deepak Builders IPO Listing Date	25 October 2024
Opening Price on NSE	Coming soon
Closing Price on NSE	Coming soon

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Deepak Builders and Engineers Offer Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: [email protected]
Website: www.fedsec.in

Deepak Builders and Engineers Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:+91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

DEEPAK BUILDERS AND ENGINEERS INDIA LIMITED
Near Lodhi Club, Shaheed Bhagat Singh
Nagar, Ludhiana, Punjab – 141 012, India
Phone: +91 98759 09242
Email: [email protected]
Website: www.deepakbuilders.co.in

Deepak Builders and Engineers IPO FAQs

How many shares in Deepak Builders and Engineers IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply for Deepak Builders and Engineers Public Offer?

The best way to apply for Deepak Builders and Engineers is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.