Deepak Builders IPO subscription started on Monday, October 21, and will close on October 23 as per the schedule. The price band is set at ā¹192 to ā¹203 per share with a face value of ā¹10.
Deepak Builders IPO Subscription Status
Deepak Builders IPOĀ Subscribed over 41.54x on its last day till 05.00 PM on 23rd October.
- Deepak Builders IPO subscription QIB investors portion is 13.91x times, while NII subscribed 82.47x times and RII investors subscribed 39.79x times.
- The company has received bids for 37,24,76,076 shares against 89,67,061 shares on offer on the last day.
- Deepak Builders IPO Subscribed over 41.54x on day 3.
- Deepak Builders IPO Subscribed over 12.11x on day 2.
- Deepak Builders IPO Subscribed over 4.14x on day 1.
About Deepak Builders IPO
Deepak Builders & Engineers India Limited is an engineering and construction company established in 2017 in Punjab. The company is focused on constructing hospitals, medical colleges, industrial buildings, and administrative & institutional buildings. Over time, the companyās project portfolio has expanded, leading to increased bidding and execution opportunities. To date, the company has completed 16 projects, including the Jung e Azadi memorial in Kartarpur, Jalandhar, and other projects in Punjab, with a combined contract value of ā¹2,183.60 million. Additionally, it is involved in domestic construction projects. The company boasts a team of 642 full-time employees with exceptional skills and experience, all dedicated to meeting customer requirements.
Deepak Builders IPO Company Financial Report
The company reported revenue of ā¹516.74 crores in 2024 against ā¹435.46 crore in 2023. The company reported a profit of ā¹60.41 crores in 2024 against a profit of ā¹21.40 crores in 2023.
Deepak Builders IPO GMP:
Deepak Builders IPO GMP was ā¹60 as of Wednesday, October 23. That indicates the IPO is trading at ā¹263 with ā¹60 premium in the grey market against the issue price of ā¹203.
