{ }
Deepak Builders & Engineers India Ltd's IPO allotment is expected to be finalized today, following a robust subscription rate of 41.54 times on the last day of the share sale. The Rs 260 crore offering attracted bids for 37.24 crore shares against 89.67 lakh shares available, with a price range set at Rs 192-203 per share. Investors can check their allotment status on KFin Technologies or the BSE website, with shares scheduled to list on the BSE and NSE on October 28.
Deepak Builders & Engineers India’s IPO was met with overwhelming demand, receiving bids for 37.23 crore equity shares, 41.53 times the offer size of 89.67 lakh shares by the subscription close on October 23. The company aims to raise Rs 260.04 crore through a fresh issue and an offer-for-sale, with a price band set at Rs 192-203 per share. Non-institutional investors led the interest, subscribing 82.46 times their quota, while retail and qualified institutional buyers also showed significant participation.
Deepak Builders & Engineers' IPO saw strong demand, with a subscription rate of nearly 11 times on the second day, October 22, despite challenging market conditions. The retail portion was booked 14.36 times, while non-institutional investors subscribed 14.67 times. The company aims to raise Rs 260.04 crore through the offering, which closes on October 23.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.