Deepak Builders & Engineers IPO

Deepak Builders & Engineers India Ltd

₹14,016 /73 sharesMinimum Investment

Deepak Builders & Engineers IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
21 Oct ‘24 - 23 Oct ‘24₹14,01673₹192 - ₹203
Issue SizeIPO Doc
260.04Cr
RHP PDF

Subscription rate

As of 22 Oct'24, 06:00 PM
Qualified Institutional Buyers1.08x
Non-Institutional Investor17.4x
Retail Individual Investor15.96x
Total12.02x

About Deepak Builders & Engineers

Deepak Builders & Engineers is an engineering and construction firm with a primary focus on the construction of administrative and institutional buildings, hospitals and medical colleges, industrial facilities, historical memorial complexes, stadiums and sports complexes, residential complexes, and other developmental construction activities. The company has now expanded to include specialised structural works such as flyovers, rail under- and over-bridges, approach roads, and the development and redevelopment of railway stations, collectively known as infrastructure projects. Presently, the company is managing 12 ongoing projects. This portfolio includes seven EPC projects and five projects under item-rate or percentage-rate contracts, showcasing its diverse operational scale and project management expertise.;
Founded in
2017
Managing director
Mr. Deepak Kumar Singal
Parent organisation
Deepak Builders & Engineers India Ltd

Strengths & Financials of Deepak Builders & Engineers

Strengths
Risks
The company has successfully executed specialised structural projects across four Indian states—Punjab, Haryana, Rajasthan, and Uttarakhand—and two Union Territories, Chandigarh and the National Capital Territory (NCT) of Delhi.
Since acquiring the business from Deepak Builders, the current company, Deepak Builders & Engineers, has completed 17 projects. These include the construction of the Jang-E-Azadi Memorial at Kartarpur in Jalandhar, the Karuna Sagar Maharishi Valmiki Tirath Asthaan at Ram Tirath in Amritsar, the Geriatrics Block at AIIMS in New Delhi, and the super speciality block at the Government Medical College in Patiala.
The company’s client base includes major entities such as Northern Railways, Public Work (Roads & Buildings) Departments of Punjab, Haryana, and Uttarakhand, WAPCOS, NPCCL, HSCC, IOCL, Greater Mohali Area Development Authority, Ludhiana Smart City Limited, Punjab Cricket Association, and Punjab Heritage and Tourism Promotion Board.
Deepak Builders & Engineers claims to have made consistent investments in updating its fleet of construction equipment. As of June 30, 2024, the company had a lineup of 398 major equipment and machinery, including concrete mixers, boom pumps, transit mixers, JCBs, rollers, mobile tower cranes, and containers.
The company has recorded a consistent rise in revenue from operations and profit after tax (PAT) over the last few years. Revenue from operations (net) increased from Rs 363.05 crore in FY22 to Rs 433.45 crore in FY23 to Rs 511.40 crore in FY24, while PAT increased from Rs 17.66 crore in FY22 to Rs 21.39 crore in FY23 to Rs 60.41 crore in FY24.

Deepak Builders & Engineers Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Deepak Builders & Engineers IPO

Apply asPrice bandApply upto
Regular192 - 203₹2 Lakh
High Networth Individual192 - 203₹2 - 5 Lakh
For Deepak Builders & Engineers IPO, eligible investors can apply as Regular.
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