Deepak Builders & Engineers India Limited IPO has a ₹51 Grey Market Premium as of October 19, 2024, with a price range from ₹192 to ₹203 per share. Offering lots of 73 shares, the subscription window is open from October 21 to October 23, 2024.
Deepak Builders & Engineers India Limited IPO GMP Today
The Grey Market Premium (GMP) for Deepak Builders & Engineers India Limited is ₹51 as of October 19, 2024. This assessment coincides with a price from ₹192 to ₹203 per share for the IPO.
Deepak Builders & Engineers India Limited IPO Review
Deepak Builders & Engineers India Ltd demonstrates robust financial health with consistent revenue growth and enhanced profitability. Revenue rose from ₹5,073.40 million in FY2023 to ₹6,034.27 million in FY2024, while profit after tax increased from ₹142.12 million in FY2023 to ₹604.10 million in FY2024, reflecting the company’s effective business expansion.
The company’s equity strengthened from ₹1,005.43 million in FY2023 to ₹1,601.00 million in FY2024, boosting shareholder returns as the Diluted EPS for FY2024 is ₹16.84 With a healthy balance sheet, NAV per share increased from ₹24.90 in FY2023 to ₹39.37 in FY2024, Deepak Builders & Engineers India showcased strong liquidity and reduced reliance on debt.
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Deepak Builders & Engineers India Limited IPO Date
Deepak Builders & Engineers India Limited will start accepting subscriptions from October 21 to October 23, 2024.
Deepak Builders & Engineers India Limited IPO Price
Deepak Builders & Engineers India Limited’s price range is from ₹192 to ₹203 per share with a face value of ₹10 each.
Deepak Builders & Engineers India Limited
Deepak Builders & Engineers is a construction company specializing in administrative buildings, hospitals, industrial projects, and residential complexes. It has expanded into infrastructure projects like flyovers, rail bridges, and railway station development. The company has successfully completed projects across Punjab, Haryana, Rajasthan, Uttarakhand, Chandigarh, and Delhi, showcasing its expertise in construction and infrastructure development.
How To Apply For Deepak Builders & Engineers India Limited IPO?
To apply for the Deepak Builders & Engineers India Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Deepak Builders & Engineers India Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
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