Search icon
TCS, HDFCBANK, SBI Liquid Fund (G)
Deepak Builders & Engineers India Ltd.

DBEIL

Equity

NSE,BSE

Min. Investment

1,92,000.00

Open a free Demat account and invest in IPOs easily.

Download Orca

Google PlayApp Store

To access realtime data for GP Eco Solutions India Ltd. and use advance features for Applying IPO. Register or Login to Orca.

IPO Details

Bidding Dates

21 Oct 24 - 23 Oct 24

Price Range ₹

192 - 203

Total Equity

292.32Cr

Lot Size

73

Exchange Status

NSE,BSE

IPO Doc

Subscription Rate

Non-Institutional Investor

39.79×

Qualified Institutional Buyers

13.91×

Employees

0.00×

Retail Investors

39.79×

Total subscription Rate

41.54×

IPO Timeline

Offer start

21 Oct 2024

Offer end

23 Oct 2024

Allotment

24 Oct 2024

Refund initiation

25 Oct 2024

Demat transfer

25 Oct 2024

Listing

28 Oct 2024

About Company

Incorporated in September 2017, Deepak Builders & Engineers India Limited is a construction company specializing in administrative, institutional, and industrial buildings, hospitals, stadiums, residential complexes, and more. The company has completed turnkey projects covering architectural, structural, civil, MEP, firefighting systems, public health services, IT systems, operation theaters, medical gas pipelines, and landscaping. Its business is divided into three key verticals: - Construction Projects - Infrastructure Projects - Product Sales Deepak Builders has completed projects across four Indian states—Punjab, Haryana, Rajasthan, and Uttarakhand—and two Union Territories—Chandigarh and the National Capital Territory of Delhi. The company manages twelve ongoing projects, including seven EPC projects and five item/percentage rate contracts. These include four hospital and medical college projects, one administrative and institutional building, one industrial building, and infrastructure projects focused on railway station development, road, and bridge construction. As of June 30, 2024, the company’s order book stands at Rs 13,803.89 million for Fiscal 2024, Rs 11,126.88 million for Fiscal 2023, Rs 16,578.79 million for Fiscal 2022, and Rs 7,196.32 million for Fiscal 2021. Deepak Builders has experience handling complex projects such as the 3D Domes at Jang-E-Azadi, the Heritage Walk at the Golden Temple Corridor, and fire ramps at AIIMS, Delhi. Competitive Strengths: - High-quality construction achieved through technology, efficient processes, and a dedicated workforce. - Investment in modern construction equipment ensures timely, high-quality project delivery. - Experienced management team. As of June 30, 2024, the company employs 632 permanent employees and 2,129 contract laborers.

Year Founded

11-09-2017

Promotor Details

Deepak Kumar Singal

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage10072.5
Share Capital3588056033770560

Offer to Public

1,44,00,000.00 Cr

Project Details

  • Funding of working capital requirements of our Company - 1119.56cr
  • Repayment/prepayment, in full or part, of certain borrowings availed by our Company - 300cr
  • General corporate purposes - 497.61cr

Objectives

  • Repayment/prepayment, in full or part, of certain borrowings availed by our Company
  • Funding of working capital requirements of our Company
  • andGeneral corporate purposes.

Highlights

  • Successfully completed numerous specialized projects across key Indian states and Union Territories.
  • Works with major public and private sector clients, including Northern Railways, IOCL, and government bodies.
  • Strong financial performance with rising revenues and profits over the years.
  • Continuous investment in advanced construction machinery to enhance project execution.
  • Expertise in handling complex projects such as medical colleges, memorials, and infrastructure development.

Challenges

  • Reliance on government and semi-government entities exposes the company to risks from policy changes or contract renegotiations.
  • A high concentration of large-scale projects increases exposure to risks like delays or challenges that can impact financial stability.
  • Heavy reliance on Punjab for revenue makes the company vulnerable to adverse conditions in the state’s business environment.
  • Revenue is dependent on a few key clients, and any loss or reduced demand from them could significantly impact financial performance.
  • Ongoing legal proceedings involving the company, its promoters, and directors could result in negative outcomes that harm business prospects.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
20223,281.93358.81129.28129.283.603
20212,476.38358.81129.28129.283.603
20234,565.10358.81604.10604.1016.8362
20245,714.04358.81213.95213.955.9628
Enrich money logo