Deepak Builders IPO Allotment Status

Summary

Deepak Builders & Engineers IPO has received an overwhelming response from investors, closing with a remarkable subscription of 41.54 times by 23rd October 2024 at 5:17:09 PM (Day 3). The public issue witnessed exceptional demand across all investor categories. The Non-Institutional Investors (NII) category led with an extraordinary subscription of 82.47 times, with small NIIs (sNII) showing particularly strong interest at 91.69 times and big NIIs (bNII) at 77.86 times.

The Retail Investors segment demonstrated robust enthusiasm, subscribing 39.79 times. The Qualified Institutional Buyers (QIB) portion was subscribed 13.91 times. The Anchor Investors portion was fully subscribed. This exceptional response across categories resulted in 2,558,000 applications, indicating tremendous market confidence in Deepak Builders & Engineers' offering.

How to Check Deepak Builders & Engineers IPO Allotment Status:

How to Check Deepak Builders IPO Allotment Status on the Registrar's Site?

1. Visit the web portal of Kfin Technologies Limited (https://ris.kfintech.com/ipostatus)
2. From the dropdown menu, select Deepak Builders & Engineers IPO
3. Choose one of the following modes: PAN ID, Demat Account number, or Application number
4. Enter the information relevant to the mode you have chosen
5. For security purposes, fill out the captcha accurately
6. Click "Submit"

How to Check Deepak Builders & Engineers IPO Allotment Status on BSE

1. Visit the BSE or NSE website (https://www.bseindia.com/investors/appli_check.aspx)
2. Look for the IPO Allotment Status section
3. Select "Deepak Builders & Engineers Limited" from the dropdown menu
4. Enter your application number and PAN ID
5. Click on 'I am not a robot' and then click "Search"

How to Check IPO Allotment Status in a Bank Account:

1. Log into your Internet Banking: Go to your bank's website or mobile app and log in
2. Explore IPO Section: Locate the "IPO Services" or "Application Status" sections
3. Offer Required Information: Provide information like your PAN, application number, or other identifiers
4. Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear
5. Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources

How to Check IPO Allotment Status in a Demat Account:

1. Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP)
2. Find IPO Section: Look for the section titled "IPO" or "Portfolio"
3. Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account
4. Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation
5. Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service

Deepak Builders & Engineers IPO Timeline:

Deepak Builders IPO Subscription Status

Deepak Builders & Engineers IPO received 41.54 times subscription with 2,558,000 applications. By 23rd October 2024 at 5:17:09 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:17:09 PM)

●    Total Subscription: 41.54 times
●    QIB: 13.91 times 
●    NII: 82.47 times 
○    bNII (>₹10L): 77.86 times 
○    sNII (<₹10L): 91.69 times 
●    Retail investors: 39.79 times 

Subscription Day 2 

●    Total Subscription: 12.11 times
●    QIB: 1.08 times
●    NII: 17.44 times
●    Retail investors: 16.14 times

Subscription Day 1

●    Total Subscription: 4.18 times
●    QIB: 0.52 times
●    NII: 4.28 times
●    Retail investors: 6.22 times

Deepak Builders & Engineers IPO Details

Deepak Builders & Engineers' initial public offering (IPO) is a book built issue of ₹260.04 crores. This offering consists of a fresh issue of 1.07 crore shares aggregating to ₹217.21 crores and an offer for sale of 0.21 crore shares aggregating to ₹42.83 crores.

The bidding process for the Deepak Builders & Engineers IPO commenced on 21st October 2024 and concluded on 23rd October 2024. The allotment results for this IPO are anticipated to be finalised on 24th October 2024.

Furthermore, the shares of Deepak Builders & Engineers are set to be listed on BSE and NSE, with a provisional listing date scheduled for 28th October 2024.

The Deepak Builders & Engineers IPO price band has been established between ₹192 and ₹203 per share. Investors must apply for a minimum lot size of 73 shares, which requires a minimum investment of ₹14,819 for retail investors. For non-institutional investors (NII), the minimum investment consists of 14 lots (1,022 shares), totalling ₹207,466.
Fedex Securities Pvt Ltd serves as the book running lead manager for the Deepak Builders & Engineers IPO. Kfin Technologies Limited is designated as the registrar for this offering.