Deepak Builders & Engineers IPO
Incorporation and Business Overview
Established in September 2017, Deepak Builders & Engineers India Limited is a leading construction company known for its expertise in delivering complex and diverse construction projects. The company’s portfolio includes a wide range of projects such as administrative, institutional, and industrial buildings, hospitals, stadiums, residential complexes, and infrastructure developments.
The company’s scope of work also extends to turnkey projects covering architectural, structural, civil, MEP (Mechanical, Electrical, and Plumbing), firefighting systems, IT systems, medical gas pipelines, and landscaping. Business Segments
Deepak Builders & Engineers has diversified its operations into three primary verticals:
Construction Projects – Focused on a variety of structures, including hospitals, institutional buildings, and residential complexes.
Infrastructure Projects – Includes large-scale works like railway stations, roads, and bridges.
Sale of Products – The sale of construction-related products adds an extra dimension to its business model.
Objects of the Issue
Repayment of borrowings
Working capital requirements
General corporate purposes
Promoter Holding
The company is promoted by Deepak Kumar Singal and Sunita Singal, who currently hold full ownership of the company.
Pre-Issue Holding: 100%
Post-Issue Holding: 72.50%
Deepak Builders & Engineers Key IPO Details
IPO Dates: 21 to 23 October, 2024
Price Band : ₹192 to ₹203 per share
Lot Size: 73 shares
Total Issue size: ₹260.04 Crores
Retail Quota: 35%
GMP: 10% (For Informational purposes only)
Listing Date: 28th Oct 2024
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