Deepak Builders & Engineers India Limited

Lot Size
1 Lot = 73 Qty
Min Investment
₹14819
Subscription
Oversubscribed
Listing Gain
-30(Points)

IPO Details

Open Date
Oct 21, 2024
Close Date
Oct 23, 2024
Allotment Date
Oct 24, 2024
Allotment Date
Oct 24, 2024
Refund Initiation
Oct 25, 2024
Demat Transfer
Oct 25, 2024
Listing Date
Oct 28, 2024
Fresh Issue
217.21
Offer For Sale
42.83
Issue Price
₹192 to ₹203
Face Value
₹10
Issue Type
Fresh Issue
Total Issue Size
260.04 CR
QIB + NII Quota
50 + 15%
Retail Quota
35%
Listing On
NSE & BSE
Registrar
KFin Technologies Private Ltd
Check Allotment Status

Company Financial Rusult In Crore

PERIOD ASSET REVENUE PROFIT
30-Jun-2024 641.10 106.34 14.21
31-Mar-2024 558.75 516.74 60.41
31-Mar-2023 449.30 435.46 21.40
31-Mar-2022 322.18 364.99 17.66
DRHP DRAFT

About The Company

Deepak Builders & Engineers India Limited is an integrated engineering and construction company incorporated in September 2017. With unbroken good delivery experiences, the company has gained solid brand repute in not only construction but also in infrastructure development throughout India.

Company services majorly concentrate on two areas :
1.⁠ ⁠Construction Projects:
Company have successfully undertaken numerous construction projects that serve the needs of the following segments of society:
Administrative and institutional buildings,Hospitals and medical colleges,Industrial buildings,Historical memorials,Sports complexes,Residential complexes
All the projects work at the highest level to center around quality, sustainability, and timely delivery with a smile to satisfy all clients.

2.⁠ ⁠Infrastructure Projects:
Infrastructure group focuses on developing modern and robust infrastructure that meets the accelerating needs in a city. Key focus areas include:
Flyovers ,RUBs and ROBs, Developments and redevelopment railway stations.
Company reputation for excellence and attention to detail in structural work supporting public utilities and improving transportation networks.

The company has executed projects with varying degrees of complexity, including 3D Domes at Jang-E-Azadi, Kartarpur,; Heritage Walk at Golden Temple Corridor, Amritsar, and fire ramps in specialized steel structures at AIIMS, Delhi.

As of June 30 2024, the company has 632 permanent employees and 2129 contract labourers.


 

Deepak Builders & Engineers India - Strength and Weakness

Strength

  • Deepak Builders and Engineers India Limited has completed 76 construction and infrastructure projects since its inception, establishing a strong market presence.
  • The company owns 397 major construction machines as of February 2024, ensuring reduced reliance on external providers and efficient project execution.
  • Accredited as a Class I – (Super) Contractor, the company can independently bid for projects up to ₹6,500 million, reflecting its substantial government clientele.

Weakness

  • Deepak Builders and Engineers India Limited faces risks from its dependency on government contracts. Any policy changes can terminate or delay projects, impacting financial results significantly.
  • Concentration on large-scale projects poses a risk; delays or complications could significantly affect the company's financial health due to the potential for cost overruns and reduced profitability.
  • Geographical concentration in Punjab exposes the company to regional policy changes, economic fluctuations, and potential project interruptions, which could adversely affect operations and earnings.

 

 

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