October 25, 2024
New Delhi, India
Deepak Builders and Engineers India Ltd’s IPO
The share allotment status of Deepak Builders and Engineers India Ltd’s ₹260 crore IPO has been finalized on October 24, with an impressive subscription rate of 41.54 times. Here’s a summary of subscription rates and essential details on checking the allotment status.
IPO Subscription Highlights:
- Total IPO Subscription: 41.54 times
- Non-Institutional Investors: 82.47 times
- Retail Investors: 39.79 times
- Qualified Institutional Buyers (QIBs): 13.91 times
How to Check Allotment Status:
- KFin Technologies Website:
- Visit: KFin Technologies IPO Status
- Select “Deepak Builders and Engineers IPO” from the dropdown.
- Enter your application number, DP/Client ID, or PAN, and submit.
- NSE Website:
- Visit: NSE IPO Allotment Status
- Log in, select “Deepak Builders and Engineers IPO,” and enter your details.
- BSE Website:
- Go to the BSE portal for IPO status and follow the instructions.
Post-Allotment Timeline:
- Share Credit to Demat Accounts: October 27
- Refunds for Unsuccessful Bids: October 27
- Listing Date on NSE/BSE: October 28
IPO Objective:
Proceeds will support debt repayment, working capital, and corporate purposes. Established in 2017, Deepak Builders is a construction and engineering firm with a focus on infrastructure and construction projects.
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