Deepak Builders IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: May 17, 2024Let’s have a detailed review of the company and analytics of the Deepak Builders IPO release date, IPO offer price, subscription, Deepak Builders Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA Shares |
| Listing Date | NA |
| Offer for Sale | Rs Million |
| Fresh Issue | Rs Million |
| IPO Size | Rs Million |
| Tick Size | 1 |
Deepak Builders IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Deepak Builders Share Price |
Deepak Builders IPO – Summary
They are 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 complexes and 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 bridges, rail over bridges, approach roads and development and redevelopment of railway stations.
The promoters of this company are DEEPAK KUMAR SINGAL AND SUNITA SINGAL. The lead manager of the issue is Fedex Securities Private Limited, and the Registrar of this issue is Kfin Technologies Limited.
Deepak Builders IPO Date
The opening and closing dates of Deepak Builders IPO are not available yet.
Deepak Builders IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Deepak Builders IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Deepak Builders Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Deepak Builders IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
Deepak Builders IPO Equity Size
This Initial Public Issue of 14,400,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.
Deepak Builders IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 14,400,000 Equity Shares of Rs.10/ each.
Issue Size: 14,400,000 Equity Shares of Rs.10 each, aggregating to Rs.[●] Million
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Deepak Builders IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Deepak Builders Share Price |
Deepak Builders IPO Grey Market Premium
The Deepak Builders Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Deepak Builders IPO – Company Overview
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 of architectural & structural work, civilworks, 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 developmentwork, including landscaping work.
Since incorporation, they believe they havetransitioned 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 these months period ended October 31, 2023.
Deepak Builders IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Million) | ||||
| 31-Oct-23 | 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Total Assets |
4,913.57
|
4,492.98
|
3,221.84
|
2,431.69
|
| *Total Revenue |
2,515.95
|
4,354.60
|
3,649.87
|
3,120.38
|
| Total Expense |
2,234.64
|
4,067.34
|
3,412.41
|
2,940.05
|
| Profit After Tax |
206.28
|
213.95
|
176.64
|
129.28
|
Earnings per Equity Share (in Million)
| 31-Oct-23 | 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Basic & Diluted |
5.75
|
5.96
|
4.92
|
3.60
|
Further, their PAT for the period ended on March 31, 2023, March 31, 2022, and March 31, 2021, were Rs. 213.95 Million, Rs. 176.64 Million and Rs. 129.28 Million respectively.
Deepak Builders IPO – Promoters
The Promoter of this company is:
- DEEPAK KUMAR SINGAL
- SUNITA SINGAL
List of Related Parties (Key Managerial Personnel)
- Deepak Kumar Singal, Chairman cum Managing Director
- Sunita Singal, Whole-time Director
- Inder Dev Singh, Independent Director
- Kashish Mittal, Independent Director
Deepak Builders IPO – Promoters Holding
- Pre-Issue Share Holding – %
- Post-Issue Share Holding – %
Deepak Builders IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 14,400,000 Equity Shares aggregating up to Rs.[●] Million |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue |
35,880,860 Equity Shares
|
| Equity Shares outstanding after the Issue | X Equity Shares |
Deepak Builders IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
-
Repayment/prepayment, in full or part, of certain borrowings availed by their Company;
-
Funding of working capital requirements of their Company; and
-
General corporate purposes.
Deepak Builders IPO – Business Strategy
-
Establish their position in Northern India and expand their footprint in other geographies
- Constant expansion of their pre-qualification and bid capacities
- Further, enhance their project execution capabilities
- Leverage core competencies with enhanced in-house integration
Deepak Builders IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Established presence and proven track record;
- Decent order book with a government client base;
- Continuous Focus on equipment ownership;
- Strong financial performance; and
- Experienced Promoters and Strong Senior Management Expertise.
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-23 |
5.96
|
26.80
|
24.90
|
| 31-Mar-22 |
4.92
|
28.40
|
19.60
|
| Mar-21 |
3.60
|
26.22
|
15.06
|
Deepak Builders IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total NAV (Per Share) | |
| Deepak Builders Limited | 10 | [●] |
5.96
|
26.80% |
24.90
|
|
IRCON International Limited
|
2 |
27.85
|
8.26 |
15.85%
|
55.06
|
|
Ahluwalia Contracts (India) Limited
|
2 |
37.31
|
28.98
|
17.13%
|
183.59
|
Deepak Builders IPO Lead Managers
| Lead Managers |
| Fedex Securities Private Limited B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle (East), Mumbai, Maharashtra -400 057, IndiaTel: +9181049 85249 Email: mb@fedsec.in Investor Grievance Email:mb@fedsec.in Website:www.fedsec.in Contact Person: Saipan Sanghvi/ Prashant Patankar SEBI Registration No:INM000010163 |
Deepak Builders IPO Registrar to offer
| Registrar to the Offer |
| Kfin Technologies Limited (formerly known as KFin Technologies Private Limited) Selenium, Tower B, Plot No. 31 and 32 Financial District Nanakramguda, Serilingampally Mandal Hyderabad 500 032 Telangana, India Tel: +91 40 6716 2222 Contact Person: M. Murali Krishna Website: www.kfintech.comE-mail: deepakbuilders.ipo@kfintech.com SEBI Registration No.: INR000000221 Investor Grievance E-mail:einward.ris@kfintech.co |
Deepak Builders IPO – Other Details
- Statutory Auditor – Parmod G. Gupta & Associates, Chartered Accountants
- Legal Counsel to the Company – K. K. B. ManagementConsultants Private Limited
- Bankers to the Company – Punjab National Bank and HDFC Bank Limited
Deepak Builders IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Deepak Builders Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Deepak Builders IPO Review FAQs
Check out various FAQs related to Deepak Builders IPO:
What is the Issue Size of Deepak Builders IPO?
The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Deepak Builders IPO?
The price band for this particular IPO ranges between Rs NA. As far as the face value of the share is concerned, it is Rs. 10 per share.
What is the Deepak Builders IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
What is the Deepak Builders IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
What is the Deepak Builders IPO Listing Date?
Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Who is the Registrar of Deepak Builders IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Kfin Technologies Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Deepak Builders IPO?
Here are the promoters of this IPO – DEEPAK KUMAR SINGAL AND SUNITA SINGAL. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Deepak Builders IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are also included in this report.
Is Deepak Builders IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Deepak Builders Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Million is 213.95, 2022 is 176.64, and 2021 is 129.28. PAT from Oct 2023 is 206.28.
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