About Deepak Builders & Engineers:
The company is an integrated engineering and construction firm that specializes in the execution and construction of various structures, including administrative and institutional buildings, hospitals and medical colleges, industrial facilities, historical memorial complexes, stadiums and sports complexes, as well as residential complexes. It has diversified into specialized structural work, such as flyovers, approach roads, rail under bridges, rail over bridges, and the development and redevelopment of railway stations. The company undertakes construction and infrastructure projects both as EPC services on a fixed-sum turnkey basis and on an item-rate or percentage basis. It also generates revenue from the sale of residual construction products. Projects are executed on a turnkey basis, encompassing architectural and structural work, civil engineering, HVAC, MEP, and other related services. In addition to revenue from EPC projects, the company also earns income from the sale of residue construction products.
About the Industry in which Deepak Builders & Engineers operates:
Infrastructure development has been a recurring theme in India’s economic progress. As the country strives to achieve a USD 5 trillion economy by 2027, the construction sector, which includes infrastructure construction, will be crucial for driving economic growth, serving as a key enabler for several other sectors. Infrastructure development stimulates demand in various industries, including cement, bitumen, iron and steel, chemicals, bricks, paints, tiles, and financial services, among others. The government places significant emphasis on this sector, which is evident in the higher budgetary allocations dedicated to infrastructure projects.
| Important Information and Timelines of the IPO of Deepak Builders & Engineers: | |
|---|---|
| Open Date | 21 October 2024 |
| Close Date | 23 Ocotber 2024 |
| Total Issue Size – Number of Shares | 12810000 |
| Minimum Bid Price | 192 |
| Maximum Bid Price | 203 |
| Lot Size | 73 |
| Basis of Allotment | 24 October 2024 |
| Initiation of Refunds and Credit of Shares to Demat | 25 October 2024 |
| Listing Date | 28 October 2024 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Deepak Builders & Engineers:
| Category | Lots | Shares | Amount (in â‚ą) |
|---|---|---|---|
| Retail – Minimum | 1 | 73 | 14819 |
| Retail – Maximum | 13 | 949 | 192647 |
| sHNI – Minimum | 14 | 1022 | 207466 |
| sHNI – Maximum | 67 | 4891 | 992873 |
| bHNI – Minimum | 68 | 4964 | 1007692 |
Objective of the IPO of Deepak Builders & Engineers:
-
Gross Proceeds from the Fresh Issue.
-
Less: Offer related expenses to be borne by our Company.
Financials of Deepak Builders & Engineers:
| Particulars | As at and for the three months period ended June 30, 2024 | Fiscal 2024 | Fiscal 2023 | Fiscal 2022 |
|---|---|---|---|---|
| Equity Share Capital | 358.81 | 358.81 | 358.81 | 358.81 |
| Net Worth | 1,558.12 | 1,412.52 | 893.47 | 703.38 |
| Revenue from Operations | 1,051.08 | 5,114.02 | 4,334.55 | 3,630.52 |
| EBITDA | 314.44 | 1,175.39 | 528.93 | 438.71 |
| EBITDA Margin | 29.92% | 22.98% | 12.20% | 12.08% |
| Profit for the period/year | 142.12 | 604.10 | 213.95 | 176.64 |
| PAT Margin | 13.52% | 11.81% | 4.94% | 4.87% |
| Basic EPS | 3.96 | 16.84 | 5.96 | 4.92 |
| Diluted EPS | 3.96 | 16.84 | 5.96 | 4.92 |
| Net Asset Value | 43.42 | 39.37 | 24.90 | 19.60 |
| Current Borrowing | 813.41 | 726.19 | 633.94 | 481.51 |
| Non-Current Borrowing | 718.26 | 804.23 | 331.78 | 314.97 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Deepak Builders & Engineers. You will receive a UPI mandate after 10:00 AM on 21 October 2024.
###1. How to apply for the IPO of Deepak Builders & Engineers on Dhan?
You can apply for the IPO of Deepak Builders & Engineers from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Deepak Builders & Engineers be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 25 October 2024. However, you will be able to see the shares of Deepak Builders & Engineers on Dhan before the market starts on the listing date which is 28 October 2024.