Deepak Builders & Engineers India Ltd. IPO

Deepak Builders & Engineers Limited is a leading engineering and construction company specializing in executing turnkey projects for various sectors, including infrastructure, healthcare, and industrial buildings. With over three decades of experience, Deepak Builders has a strong track record of delivering high-quality projects on time and within budget. The company's expertise in project management, engineering, and construction has enabled it to establish a reputation as a trusted partner in the Indian construction industry. Deepak Builders' commitment to quality, innovation, and customer satisfaction positions it as a key player in the market.

RHP
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DRHP
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Open Date

2024-10-21

Close Date

2024-10-23

Deepak Builders & Engineers India Ltd. IPO Details

Check out the issue details for Deepak Builders & Engineers India Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 203

Price Band

₹ 192 - 203

Issue Size

260.04 Cr.

Issue Type

Book Built

Open

2024-10-21

Close

2024-10-23

Listingprice

₹ 200

ListingGain

-1.48%

Listing Date

2024-10-28

CMP

₹ 141.46

Current Return

-30.32%

Company Financials

You can get the following financial statements of Deepak Builders & Engineers India Ltd. as of now.

The details about the Deepak Builders & Engineers IPO are as:

  • The issue size of the IPO is 260.04 Cr.
  • The price band for Deepak Builders & Engineers IPO is Rs 1921 to Rs 203.
  • The shares of Deepak Builders & Engineers IPO will list on 28th October 2024.
  • The latest tentative GMP of Deepak Builders & Engineers IPO is Rs 60.
  • The shares of Deepak Builders & Engineers IPO are subscribed 41.54 Times as of 23rd October 2024. 

Deepak Builders IPO Valuation

The approx valuation of Deepak Builders & Engineers IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 203
Existing Shares (Qty) 3.58 Cr
Fresh Issue 217.21 Cr
Market Cap 943.95 Cr
EPS (FY24) Rs 16.84
PE Ratio 12.05x
Industry PE 25.03x

 

Deepak Builders IPO Issue Size

Deepak Builders & Engineers IPO issue size is 260.04 Cr.

Issue Amount
Fresh Issue 217.21 Cr
Offer For Sale 42.83 Cr

 

Deepak Builders IPO Market Lot

An Individual can apply for a minimum 1 lot of 73 shares and a maximum of 13 lots of 949 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 73 Rs 14,819
Maximum 13 949 Rs 1,92,647

 

Deepak Builders IPO Share Offer

The shares of Deepak Builders & Engineers IPO are subscribed 41.54 Times as of 23rd October 2024. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Deepak Builders IPO GMP (Grey Market Premium)

As on GMP (Tentative)
17 October 2024 Rs 30
22 October 2024 Rs 30

Deepak Builders IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Find below the dates for Deepak Builders IPO:

Schedule Date
Basis of Allotment 24 October 2024
Refunds 25 October 2024
Credit to Demat Account 25 October 2024
IPO Listing Date 28 October 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 310.76 363.05 433.46 511.4
Total Expenditure 276.84 321.12 382.57 399.2
Operating Profit 33.91 41.94 50.89 112.2
Other Income 1.28 1.94 2.01 5.34
Interest 13.88 16.53 18.6 28.58
Depreciation 3.28 3.6 5.57 7.17
Exceptional Items 0 0 0 0
Profit Before Tax 18.03 23.75 28.73 81.79
Provision for Tax 5.11 6.08 7.33 21.38
Net Profit 12.93 17.66 21.4 60.41
Adjusted EPS (Rs.) 0.36 0.49 0.6 1.68

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 35.88 35.88 35.88 35.88
Total Reserves 32.43 48.84 64.66 124.22
Borrowings 25.74 31.5 33.18 80.42
Other N/C liabilities 38.61 45.53 107.69 89.49
Current liabilities 114.98 166.45 215.1 241.39
Total Liabilities 247.64 328.19 456.51 571.4
Assets
Net Block 50.65 50.9 50.86 64.57
Capital WIP 0 0 0 0
Intangible WIP 0 0 0 0
Investments 0.07 0.07 0 0.07
Loans & Advances 11.8 37.62 42.31 54.89
Other N/C Assets 21.66 31.68 52.19 61.69
Current Assets 163.47 207.93 311.15 390.18
Total Assets 247.64 328.19 456.51 571.4
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024
Other Income 0.95
Profit Before Tax 19.77
Tax 4.69
Profit After Tax 15.08
Adjusted EPS (Rs) 4.2

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 72.5 11.89
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 18.03 23.75 28.73 81.79
Adjustment 9.99 17.05 19.82 30.44
Changes in Assets & Liabilities -16.98 -32.35 -28.45 -125.99
Tax Paid -5.16 -7.84 -7.21 -13.08
Operating Cash Flow 5.89 0.6 12.88 -26.85
Investing Cash Flow -3.39 -5.19 -13.1 -11.13
Financing Cash Flow 1.53 0.04 3.15 34.9
Net Cash Flow 4.03 -4.55 2.93 -3.08
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