Deepak Builders & Engineers India Ltd - IPO

Deepak Builders & Engineers India Ltd IPO Details

Initial public offering of up to 14,400,000 equity shares of face value of Rs. 10 each (Equity Shares) of Deepak Builders & Engineers India Limited (The Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores comprising a fresh issue of up to 12,000,000 equity shares aggregating up to Rs. [*] crores by the company (Fresh Issue) and an offer for sale of up to 2,400,000 equity shares aggregating up to Rs. [*] crores (Offered Shares) by the selling shareholders, comprising up to 2,160,000 equity shares aggregating up to Rs. [*] crores by Deepak Kumar Singal and up to 240,000 equity shares aggregating up to Rs. [*] crores by Sunita Singal (collectively the Selling Shareholders or Promoter Selling Shareholders), (Offer for Sale, together with the fresh issue, the Offer). The offer will constitute [*] % of the post-offer paid-up equity share capital. The face value of the equity shares is Rs. 10 each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Repayment/prepayment in full or part of certain borrowings availed by the company. Funding of working capital requirements of the company. General corporate purposes.

Deepak Builders & Engineers India Ltd Contact Details

Deepak Builders & Engineers India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - investor@deepakbuilders.co.in

Website - www.deepakbuilders.co.in