Deepak Builders & Engineers India Ltd is set to launch its Initial Public Offering (IPO) with a total size of 14.4 million equity shares, including a fresh issue of 12 million shares and an offer for sale of 2.4 million shares by existing shareholders. The IPO will open on October 21, 2024, and close on October 23, 2024, with shares expected to be listed on October 28, 2024.
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Deepak Builders IPO Details: A Comprehensive Overview
Deepak Builders IPO Size and Structure
For those asking, “Is Arkade Developers IPO good or bad?” let’s first break down the Deepak Builders IPO details:
- IPO Size: 14.4 million equity shares
- Fresh Issue: 12 million shares
- Offer for Sale: 2.4 million shares from existing shareholders
- IPO Open Date: October 21, 2024
- IPO Close Date: October 23, 2024
- Listing Date: October 28, 2024
- Price Band: To be announced
- Lot Size: To be announced
These Deepak Builders IPO details are crucial for any investor, especially as the Deepak Builders IPO GMP (Grey Market Premium) has yet to be revealed.
Deepak Builders Financial Overview
The company’s financial strength is a key factor in evaluating the Deepak Builders IPO:
- Total Revenue (FY2023): ₹4,354.60 million
- Profit After Tax (PAT): ₹213.95 million
- Return on Net Worth (RoNW): 26.80%
These figures indicate the company’s solid financial performance and will play a significant role in determining the typical share price at IPO.
Why Invest in Deepak Builders IPO?
The Deepak Builders IPO size makes it a significant player in the market. The funds raised from this IPO will be used for:
- Repayment of borrowings
- Funding working capital requirements
- General corporate purposes
This makes the Deepak Builders IPO review favorable for investors interested in long-term growth prospects in the infrastructure sector.
Market Position and Reputation of Deepak Builders
Deepak Builders operates in sectors such as infrastructure and industrial construction. With over 30 years of experience, they have built a strong reputation for delivering quality projects on time, giving them a competitive edge. Investors looking for stability may find the Deepak Builders IPO an attractive option.
Deepak Builders IPO Price Band and Lot Size
While the exact Deepak Builders IPO price band and lot size are not yet announced, these details will be key in determining investor participation. The Deepak Builders IPO GMP is also awaited, which will provide more insights into investor demand.
Other IPOs to Watch: Waaree Energies and Hyundai
Besides the Deepak Builders IPO, investors should also be aware of other upcoming IPOs such as Waaree Energies IPO and Hyundai IPO. Like Deepak Builders, these IPOs are expected to attract significant attention in the market. Investors may also want to compare the Waaree Energies IPO GMP and Deepak Buildcon share price before making a final decision.
Conclusion: Is Deepak Builders IPO Worth Investing In?
The Deepak Builders IPO offers a strong financial backing and market reputation, making it an intriguing option for investors. With solid financial growth, this IPO is one to watch closely as we await the Deepak Builders IPO price band, Deepak Builders IPO GMP, and Deepak Builders IPO date.
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