Deepak Builders & Engineers India Limited is a Delhi-based construction company established in 2017. It focuses on building infrastructure projects such as hospitals, administrative, institutional, and industrial facilities. The company is recognized for handling engineering, procurement, and construction (EPC) contracts, with an emphasis on timely and high-quality project delivery by employing modern equipment and efficient processes.
Operations and Key Clients:
- Order Book: As of June 2024, the company’s order book is valued at ₹1,380 crore, with a significant share coming from Indian Railways, IOCL, and public sector undertakings (PSUs).
- Regional Dependence: Around 30% of its revenue comes from projects in Punjab, posing some concentration risks.
- Workforce: It employs 632 permanent staff and over 2,100 contract workers, showcasing its ability to manage large-scale operations.
Financial Performance:
- Revenue Growth: ₹516.74 crore in FY24, up from ₹435.36 crore in FY23.
- Profit After Tax (PAT): Increased to ₹60.41 crore in FY24 from ₹21.4 crore in FY23, reflecting strong growth in profitability.
- Debt Position: The debt-to-equity ratio stands at 0.91, indicating moderate leverage.
Overall, Deepak Builders has shown promising growth in recent years, but its reliance on government contracts and regional concentration adds an element of risk. Investors will closely monitor how the IPO impacts its debt levels and operational expansion.
Deepak Builders & Engineers India Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 21 Oct 2024 |
| IPO Close Date | 23 Oct 2024 |
| Allotment Date | 24 Oct 2024 |
| IPO Listing Date | 28 Oct 2024 |
Deepak Builders & Engineers India Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 192 to Rs. 203 Per Equity Share |
| Market Lot | 73 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 260 Crore. |
Deepak Builders & Engineers India Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 73 | Rs. 14819 |
| Maximum | 13 | 949 | Rs. 192647 |
| Small HNI (Minimum) | 14 | 1022 | Rs. 207466 |
| Big HNI (Minimum) | 68 | 4964 | Rs. 1007692 |
Deepak Builders & Engineers India Limited IPO Allotment Status
Click Here To Check IPO Allotment Status Deepak Builders & Engineers India Limited IPO
Click Here To Get ASBA Forms Deepak Builders & Engineers India Limited IPO
Company Financials:
| Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Total Assets | 558.75 | 449.30 | 322.18 |
| Total Revenue | 516.74 | 435.46 | 364.99 |
| Profit After Tax | 60.41 | 21.40 | 17.66 |
Company Promoters:
The Promoters of the Company are Deepak Kumar Singal and Sunita Singal.
Objects of this Issue:
- Repayment/prepayment, in full or part, of certain borrowings availed by the Company.
- Funding of working capital requirements of the company.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Deepak Builders & Engineers India Limited Ahluwalia Chambers, 1st Floor Plot No. 16 &17, Local Shopping Centre Madangir, near Pushpa Bhawan, South Delhi- 110062 Phone: +91 9875909242 Email: investor@deepakbuilders.co.in Website: https://www.deepakbuilders.co.in | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: deepakbuilders.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
