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Minimum Investment
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Price Range
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Maximum Investment
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Retail Discount
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Investor category and sub category
RIIs | NIIs | QIBs | Eligible employees |About Deepak Builders & Engineers India Limited
Deepak Builders & Engineers India Limited, an integrated engineering and construction firm, was incorporated in September 2017. The company is engaged in executing a wide range of projects under two main categories: Construction Projects and Infrastructure Projects.
Their Construction Projects include administrative and institutional buildings, hospitals, medical colleges, industrial buildings, historical memorials, sports complexes, and residential complexes. Their Infrastructure Projects focus on specialised structural work such as flyovers, rail under bridges and over bridges, and the development and redevelopment of railway stations.
Deepak Builders & Engineers India Limited operates on a national scale, managing projects across four states—Punjab, Haryana, Rajasthan, Uttarakhand—and two Union Territories, including Chandigarh and the National Capital Territory of Delhi. The company offers Engineering, Procurement, and Construction (EPC) services on both fixed-sum turnkey and item-rate/percentage bases.
It has established a robust track record in executing turnkey projects that encompass architectural and structural work, civil works, mechanical electrical and plumbing (MEP) works, firefighting systems, public health services, IT systems, modular operation theatres, medical gas pipeline systems, and landscaping.
Since its inception, the company has significantly expanded its project execution capabilities. It completed notable projects like the Jang-E-Azadi Memorial and the Karuna Sagar Maharishi Valmiki Tirath Asthaan, among others. The company holds accreditation as a Class I – (Super) Contractor with the Central Public Works Department, India, and is pre-qualified to bid independently for projects up to a tender value of ₹6,500.00 million.
As of February 29, 2024, the company's order book was valued at ₹12,115.68 million, showcasing a diversified portfolio of ongoing and upcoming projects awarded by prestigious entities such as Northern Railways and Indian Oil Corporation Limited.
Industry Outlook:
- The National Infrastructure Pipeline (NIP) now includes 9,142 projects, with 2,476 in the development phase requiring an investment of US$ 1.9 trillion. Significant efforts are focused on the transportation sector, especially roads and bridges.
- The Indian government has raised the infrastructure capital investment for 2023-24 to ₹10 lakh crore (US$ 122 billion), a 33% increase, with a record ₹2.40 lakh crore (US$ 29 billion) dedicated to the Railways, indicating a strong commitment to enhancing national infrastructure.
Deepak Builders & Engineers India Limited IPO Details
Deepak Builders & Engineers India Limited IPO Dates
The exact dates are yet to be announced.
Deepak Builders & Engineers India Limited IPO Price Band
The exact price range is yet to be announced.
Deepak Builders & Engineers India Limited IPO Lot Size
The exact lot size is not announced yet.
Deepak Builders & Engineers India Limited IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Repayment/prepayment, in full or part, of certain borrowings availed by the Company;
- Funding of working capital requirements of the Company; and
- General corporate purposes
Peer Details
The companies considered by Deepak Builders & Engineers India as its peers include:
- ITD Cementation Limited
- IRCON International Limited
- Ahluwalia Contracts (India) Limited
- PSP Projects Limited
How to Check the Allotment Status of the Deepak Builders & Engineers India Limited IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the Individual order details page of the IPO that you had applied for.
- Check the IPO allotment status. As such, Angel One will notify you of your IPO allotment status via push notification, email and SMS.
Contact Details of Deepak Builders & Engineers India Limited
- Registered office: Ahluwalia Chambers, 1st Floor, Plot No. 16 &17, Local Shopping Centre, Madangir, near Pushpa Bhawan, South Delhi, New Delhi – 110 062, India
- Phone: +91 98759 09242
- E-mail: investor@deepakbuilders.co.in
IPO Financials
| Particulars | 7 Month Period Ended on October 31, 2023 | Year ending on March 31, 2023 | Year ending on March 31, 2022 | Year ending on March 31, 2021 |
|---|---|---|---|---|
| Total Revenue (in ₹ million) | 2,515.95 | 4,354.60 | 3,649.87 | 3,120.38 |
| Profit After Tax (PAT) (in ₹ million) | 206.28 | 213.95 | 176.64 | 129.28 |
| Cash & Cash Equivalents (in ₹ million) | 2.34 | 31.70 | 2.38 | 47.83 |
| Net Worth (in ₹ million) | 1,116.29 | 893.47 | 703.38 | 540.54 |
| Debt to Equity Ratio(x) | 1.23 | 1.04 | 1.11 | 1.24 |
| Return on Net Worth (%) | 20.53% | 26.80% | 28.40% | 26.22% |
| Return on Capital Employed (RoCE) (%) | 18.89% | 26.10% | 27.26% | 27.12% |
| Earning Per Share (EPS)-in absolute ₹ | 5.75 | 5.96 | 4.92 | 3.60 |
Know before investing
Strengths
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Deepak Builders and Engineers India Limited has completed 76 construction and infrastructure projects since its inception, establishing a strong market presence.
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Accredited as a Class I – (Super) Contractor, the company can independently bid for projects up to ₹6,500 million, reflecting its substantial government clientele.
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The company owns 397 major construction machines as of February 2024, ensuring reduced reliance on external providers and efficient project execution.
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Between FY 2021 and 2023, Deepak Builders showcased robust growth, with revenues increasing at a CAGR of 19.81%, and maintaining solid year-on-year profitability.
Risks
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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.
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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.
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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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Revenue reliance on a few key clients increases vulnerability; loss or reduction in business from these clients could lead to significant financial instability and impact future growth prospects.
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Deepak Builders & Engineers India IPO FAQs
Deepak Builders & Engineers India IPO is a book-built IPO. The exact dates and price range are yet to be announced.
The exact dates and price range are yet to be announced.
The IPO subscription window is not announced yet.
Retail investors can apply for a minimum of one lot. However, the lot size has not been announced yet.
The exact date is not announced yet.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the individual order details page of the IPO that you had applied for.
- Check the IPO allotment status as such, Angel One will notify you of your IPO allotment status via push notification, email and SMS.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. The exact date is not announced yet.
Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
