Deepak Builders IPO (Deepak Builders & Engineers India Limited IPO)
Deepak Builders IPO open for bidding on 21st October 2024 and ends on 23rd October 2024.
Deepak Builders & Engineers India Limited (DBEIL) is a leading construction company, offering a range of infrastructure development services across India. Established in 2017, the company has grown rapidly, specializing in civil works, construction of residential, commercial, and industrial projects. DBEIL benefits from the extensive experience of its promoters, Deepak Kumar Singal and Sunita Singal, who are instrumental in driving the business.
The company is engaged in high-value projects, contributing to both urban and rural development. With a strong presence in the industry, DBEIL focuses on timely delivery, quality construction, and innovative building solutions.
For more details refer to Deepak Builders IPO RHP and Deepak Builders IPO Pulse Score
Deepak Builders IPO Details
| IPO Date | 21st October 2024 to 23rd October 2024 |
| Listing Date | 28th October 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹192 to ₹203 per share |
| Lot Size | 73 Shares |
| Total Issue Size | 1,28,10,000 shares (aggregating up to ₹260.04 Cr) |
| Fresh Issue | 1,07,00,000 shares (aggregating up to ₹217.21 Cr) |
| Offer for Sale | 21,10,000 shares of ₹10 (aggregating up to ₹42.83 Cr) |
| Issue Type | Book Built Issue IPO |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor | 38,42,939(30%) |
| QIB | 25,62,061(20%) |
| NII | 19,21,500(15%) |
| bNII | 12,81,000(10%) |
| sNII | 6,40,500(5%) |
| Retail | 44,83,500(35%) |
| Total | 1,28,10,000(100%) |
Deepak Builders IPO Timeline
| IPO Open | 21st October 2024 |
| IPO Close | 23rd October 2024 |
| Basis Of Allotment | 24th October 2024 |
| Initiation of Refunds | 25th October 2024 |
| Credit of Shares to Demat | 25th October 2024 |
| Listing Date | 28th October 2024 |
Fundamentals
Data as of 30th June 2024
| Market Cap | ₹945.59 Cr | P/E Ratio- Pre IPO | 12.06 |
| RoNW* | 9.57% | P/E Ratio- Post IPO | 16.63 |
| RoCE* | 8.97% | P/B Ratio | 4.68 |
| Debt to Equity | 0.91 | PAT Margin% | 13.52% |
Note: P/E Ratio -Pre IPO is calculated based on Pre-issue Shareholding and FY Earnings of March 2024. P/E Ratio- Post IPO is calculated based on post-issue shareholding and annualized FY earnings for June 2024. RoCE and RoNW are for three months period ended June 30, 2024
Deepak Builders IPO Objectives
The company proposes to utilize the Net Proceeds towards the funding of the following objects:
- Repayment/prepayment, in full or part, of certain borrowings availed by the Company;
- Funding of working capital requirements of the Company; and
- General Corporate purposes.
Leave a Reply