Deepak Builders & Engineers India Limited IPO
Deepak Builders & Engineers India Limited was a mainboard IPO in the Civil Construction sector, offered at ₹19.2–₹20.3 per share to raise ₹260 crore. The issue was subscribed 41.54× overall (QIBs 13.91×, NIIs 82.47×, retail 39.79×). It listed on 28 Oct 2024 at ₹20 and closed its first day at ₹16, a listing loss of -20.2% versus the ₹20.3 issue price. It now trades around ₹6 (-69.7% versus the issue price).
Frequently asked questions
- How many times was the Deepak Builders & Engineers India Limited IPO subscribed?
- The Deepak Builders & Engineers India Limited IPO was subscribed 41.54× overall — 13.91× in the QIB category, 82.47× among non-institutional investors, 39.79× in retail.
- What were the Deepak Builders & Engineers India Limited IPO listing gains?
- Deepak Builders & Engineers India Limited listed on 28 Oct 2024 at ₹20, closing its first day at ₹16 — a listing loss of -20.2% versus the ₹20.3 issue price.
- What were the retail allotment odds for the Deepak Builders & Engineers India Limited IPO?
- Retail was subscribed 39.79×, so a single-lot application had roughly a 2.5% chance of allotment (about 1 in 40), and allotment was finalised on 24 Oct 2024.
- What was the price band and lot size of the Deepak Builders & Engineers India Limited IPO?
- The price band was ₹19.2–₹20.3 per share, with a minimum lot of 73 shares (₹1,482 at the upper band).
- Who were the registrar and lead manager for the Deepak Builders & Engineers India Limited IPO?
- Kfin Technologies Limited was the registrar, and Fedex Securities was the book-running lead manager.