
Infrastructure & Construction · NSE / BSE
Deepak Builders & Engineers India Limited, established in September 2017, is a versatile engineering and construction firm handling a wide range of projects across India. The company operates in two main areas: Construction Projects, which include administrative buildings, hospitals, colleges, industrial structures, historical memorials, sports complexes, and residential developments, and Infrastructure Projects, specializing in flyovers, railway bridges, and station redevelopment. With a presence in Punjab, Haryana, Rajasthan, Uttarakhand, and the Union Territories of Chandigarh and Delhi, Deepak Builders delivers Engineering, Procurement, and Construction (EPC) services through both fixed-sum turnkey and item-rate/percentage contracts.
Price Band
₹192 – ₹203
Issue Size
₹260 Cr
Lot Size
73 shares
GMP
+15.8%
Est. Listing
₹235
at current GMP
Subscribed
41.54x
overall
Open
21 Oct 2024
Close
23 Oct 2024
Allotment
24 Oct 2024
Refund
25 Oct 2024
Demat Credit
26 Oct 2024
Listing
28 Oct 2024
Overall Subscription
41.54x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
39.79x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| RETAIL | 4,483,500 | 178,383,749 | 39.79x |
| Total | 4,483,500 | 178,383,749 | 41.54x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 1,253 | 19,732 | 15.75x |
| HNIs (2-10L) | 627 | 55,037 | 87.78x |
| RETAIL | 61,418 | 2,483,279 | 40.43x |
| Total Applications | 63,298 | 2,558,048 | 40.41x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Deepak Builders & Engineers India Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹260.04 Crores. The shares are offered at a price band of ₹192 to ₹203 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 73 shares (approx. ₹14,819 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-26, while un-allotted funds or UPI block mandates will be released on 2024-10-25.
The latest Grey Market Premium (GMP) for Deepak Builders & Engineers India Limited IPO is ₹32 per equity share. Based on the upper price band of ₹192 to ₹203 per equity share, the estimated listing price is ₹235 (+15.8% expected listing gain).
With a lot size of 73 shares and current GMP of ₹32, the expected profit per application lot is approx ₹2,336 (+15.8% gain). Minimum application cost is approx ₹14,819.
The Deepak Builders & Engineers India Limited IPO aggregate issue size is ₹260.04 Crores with an equity price band set at ₹192 to ₹203 per equity share. The retail lot size is 73 shares requiring a minimum capital outlay of approx. ₹14,819.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 41.54x (Retail: 39.79x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-10-24. Investors can verify status using PAN card or application number.
Deepak Builders & Engineers India Limited shares are scheduled to list on NSE and BSE on 2024-10-28.