Today, Deepak Builders & Engineers India Ltd. is trading at ₹200, down 1.5% from its IPO price of ₹203. Despite this decline, the company’s recent IPO was a significant success, with an oversubscription of 41.54 times, reflecting strong investor interest.

The ₹78 crore raised from the IPO is allocated for debt repayment and working capital, positioning Deepak Builders to strengthen its footprint in the competitive Indian construction market.

 

Deepak Builders & Engineers India Ltd. is a prominent construction firm specializing in diverse sectors, including residential, industrial, and institutional projects. Established with a focus on quality and innovation, the company has garnered significant attention in the Indian market. Its recent IPO, which was oversubscribed 41.54 times, highlights strong investor confidence in its business model and growth potential. The funds raised are aimed at enhancing operational capacity and addressing financial obligations, setting the stage for future expansion.