Deepak Builders & Engineers India IPO Highlights
Deepak Builders & Engineers India IPO Ltd, is going to launch its IPO. Its opening date is October 17th, 2024 and it will close on October 21th, 2024. This is going to be a book built issue. Through its first public offering (IPO), the company aims to collect about ₹ 260.04 crores. The IPO will be a mix of a fresh issue worth ₹217.21 crore and an offer for sale of shares amounting to ₹42.83 crore.The price band of Deepak Builders & Engineers India IPO IPO is between ₹192 to ₹ 203.
Deepak Builders & Engineers India IPO Detail
| IPO Opening and Closing Date | October 17, 2024 to October 21, 2024 |
| IPO Price Range | Rs 192 to Rs 203 Per Share |
| Face Value of Share | Rs 10 Per Share |
| Net Issue Size Offered | 12810000 Shares amounting to ₹ 260.04 Crores |
| Fresh Issue | 10700000 Shares amounting to ₹ 217.21 Crores |
| Offer For Sale | 2110000 Shares amounting to ₹ 42.83 Crores |
| Listing at | BSE & NSE |
| Issue Type | Book Built Issue IPO |
| IPO DRHP | Click Here |
| IPO RHP | Click Here |
Deepak Builders & Engineers India IPO, Tentative Date Schedule
| IPO Opening Date | Monday, October 21, 2024 |
| IPO Closing Date | Wednesday, October 23, 2024 |
| Allotment Date | Thursday, October 24, 2024 |
| Refund Initiation | Friday, October 25, 2024 |
| Credit of Shares in Demat Account | Friday, October 2, 2024 |
| Listing Date | Monday, October 28,2024 |
The Deepak Builders & Engineers India IPO will open on October 21, 2024 and it will close on October 23, 2024. The allotment of Deepak Builders & Engineers India IPO will be finalized on Thursday, October 24, 2024. The listing date of Deepak Builders & Engineers India IPO on both BSE as well as NSE is fixed as Monday, October 28, 2024.
Deepak Builders & Engineers India IPO GMP Today
Deepak Builders & Engineers India IPO GMP today is ₹60 as of 20 October, 2024.
Deepak Builders & Engineers India IPO Financials
| Period | 30 June, 2024 | 31 March, 2024 | 31 March, 2023 | 31 March, 2022 |
| Total Assets | ₹641.1 | ₹558.75 | ₹449.3 | ₹322.18 |
| Total Revenue | ₹106.34 | ₹516.74 | ₹435.46 | ₹364.99 |
| Expense | ||||
| EBITDA | 314.44 | 1175.39 | 528.93 | 438.71 |
| Profit After Tax | 14.21 | 60.41 | 21.4 | 17.66 |
| Company’s Net Worth | ₹155.81 | ₹141.25 | ₹89.35 | ₹70.34 |
| Total Reserve & Surplus | ₹138.23 | ₹124.22 | 64.66 | 48.84 |
Company Financial Performance Indicators
| Key Performance Indicators | Value |
| ROCE | 8.97% |
| ROE | 8.48% |
| Price to Book Value | |
| Return on Net Worth | 9.57 % |
| Debt Equity Ratio | 0.91 |
| After Tax Profit Margin (%) | 13.52 |
Deepak Builders & Engineers India IPO Lot Size for Different Category of Investors:
Retail investors are eligible to submit bids for a minimum of one lot, containing 73 shares, amounting to ₹14819. On the other hand small HNI can apply for minimum of 14 lots comprising of 1022 shares amounting to ₹207466. The maximum limit for applying in this IPO for small HNI is 67 lot comprising of 4891 shares amounting to ₹1007692.
| Application | Lot | Number of Shares | Amount (in ₹) |
| Retail Investor (Min. Lot) | 1 | 73 | ₹14819 |
| Retail Investor (Max Lot) | 13 | 949 | ₹192647 |
| Small HNI (Min. Lot) | 14 | 1022 | ₹207466 |
| Small HNI (Max. Lot) | 67 | 4891 | ₹992873 |
| Big HNI (Min. Lot) | 68 | 4964 | ₹1,007692 |
Deepak Builders & Engineers India IPO, Investors Reserve Quota
| Shares Reserved for Institutional Investors | 50% of the Total Issue |
| Shares Reserved for Retail Individual Investors | 35% of the Total Issue |
| Shares Reserved for Non Institutional Investors | 15% of the Total Issue |
Cash flow Generated by the Company
| Net Cash Flow | For the 3 Months Period April 01 to June 30, 2024 | Fiscal Year 2024 | Fiscal Year 2023 | Fiscal Year 2022 |
| Cash From Operating Activities | ₹64.26 | ₹-268.46 | ₹128.82 | 6.01 |
| Cash from Investing Activities | -5.92 | ₹-111.32 | ₹-131.03 | -51.86 |
| Cash From Financing Activities | ₹-46.67 | ₹348.95 | ₹31.53 | 0.40 |
| Net Increase in Cash and Cash Equivalents | 11.67 | -30.83 | 29.32 | -45.45 |
Project Wise Revenue Generation
| Projects | For the 3 Months April 01 to June 30, 2024 | Year Ended 2024 | Year Ended 2023 | Year Ended 2022 |
| Governmant Projects | 403.49 | 1851.47 | 745.54 | 933.79 |
| Semi Government Projects | 43.39 | – | 2.23 | |
| Projects from Government Controlled Entities | 381.21 | 2825.17 | 2727.89 | 2065.52 |
| Total Revenue from Govt., Semi Govt. & Govt. Related Entities | 784.70 | 4720.03 | 3473.43 | 3001.54 |
State/UT wise Revenue Generation
| Particulars | For 3 Months (April 01, 2024 to June 30, 2024) | 31 March,2024 | 31 March 2023 | 31 March 2022 |
| Punjab | 347.02 | 1577.14 | 638.23 | 1267.22 |
| Haryana | 415.79 | 2513.32 | 992.77 | 121.70 |
| Rajasthan | – | – | 477.44 | 91.08 |
| Uttarakhand | – | – | 27.87 | 36.45 |
| Delhi | – | 389.36 | 697.50 | 1136.55 |
| Chandigarh | 21.89 | 240.20 | 639.62 | 348.54 |
| Total | 784.70 | 4720.02 | 3473.43 | 3001.54 |
Deepak Builders & Engineers India IPO Objectives
- To ensure efficient working capital management and smooth operational continuity.
- To support general corporate initiatives aimed at fostering sustainable growth.
- For business expansion through the development of new facilities, equipment acquisition, and market entry.
- For debt repayment, enhancing financial stability and reducing interest obligations.
Average PE Ratio of Industry
| P/E Ratio Metrics | P/E Ratio |
| Highest P/E Ratio | 37.04 |
| Lowest P/E Ratio | 19.16 |
| Average P/E Ratio | 25.03 |
Deepak Builders & Engineers India IPO Strengths and Weaknesses
Strengths:
Consistent revenue growth over the years shows efficient operations and demand for their services.
· The leadership and strong promoter backing provide a solid foundation for strategic growth.
· Involvement in large public and private projects, especially government contracts, ensures a steady stream of income.
· The company’s foothold in the growing construction and infrastructure industry positions it well for future expansion.
· The focus on reducing debt through IPO proceeds will improve financial stability.
Weaknesses
Reliance on specific geographic regions might limit opportunities for further growth and diversification.
· High competition in the construction and infrastructure sector could impact the company’s ability to maintain profit margins.
· The company has been reliant on debt, which poses financial risks if revenue growth slows or interest rates rise.
· Heavy dependence on government contracts exposes the company to potential delays, budget cuts, or regulatory risks.
Management & Promoter Group of Deepak Builders & Engineers India IPO Ltd
Deepak Kumar Singal
Sunita Singal
| Promoters Shareholding Pre- Issue | 99.97% |
| Promoters Shareholding Post- Issue |
Company’s Dividend Policy
The company has not paid any dividend from last three financial years
Lead Managers of Deepak Builders & Engineers India IPO IPO
Fedex Securities Private Limited
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle (East), Mumbai, Maharashtra – 400 057, India
Tel: +91 81049 85249 Email: mb@fedsec.in
Website: www.fedsec.in
Registrar of Deepak Builders & Engineers India IPO
Kfin Technologies Limited
Selenium, Tower B, Plot No. 31 and 32 Financial District Nanakramguda,
Serilingampally Mandal, Hyderabad 500 032
Telangana, India
Tel: +91 40 6716 2222
Contact Person: M. Murali Krishna
Website: www.kfintech.com
E-mail: deepakbuilders.ipo@kfintech.com
Contact Details of Company
Deepak Builders & Engineers India IPO Ltd.
Deepak Builders & Engineers India Limited
Ahluwalia Chambers, 1st floor, Plot No. 16 & 17, Local Shopping Centre
Madangir, near Pushpa Bhawan, South Delhi, New Delhi – 110 062, India
Telephone: +91 98759 09241, Email Id: investor@deepakbuilders.co.in
Website: www.deepakbuilders.co.in
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Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Nisus Finance Services IPO, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an IPO or any other securities to make sure that it suits your financial plans and risk tolerance.
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