Loading market data...

Deepak Builders IPO

Construction/EPC - Listed on 28 October 2024

-20.2% listing gain
Issue Price (Upper)
Rs 203
Listing Price
Rs 161.95
Closing Price (NSE)
Rs 161.95
Total Subscription
41.54x

Deepak Builders IPO listing summary

Deepak Builders (Construction/EPC) closed its IPO window in 2024 and listed on NSE and BSE on 28 October 2024 at an upper band issue price of Rs 203, opening at Rs 161.95 for a listing gain of -20.2% and closing day one at Rs 161.95 (-20.2% on closing basis). The IPO was subscribed 41.54x overall - QIB 13.91x, HNI/NII 82.47x, Retail 39.79x. The total issue size was Rs 260.04 Cr (Fresh Issue Rs 217.21 Cr, OFS Rs 42.83 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
-20.22%
Listing Gain (Close)
-20.22%
Day Change After Listing
0.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB13.91x
HNI / NII82.47x
Retail39.79x
Overall41.54x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 14.18x
Day 212.11x
Day 3 (Final)41.54x

Deepak Builders IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 1400+19.70%
Day 2Rs 1400+22.17%
Day 3Rs 1450+24.63%
Day 4Rs 1450+24.63%
Day 5Rs 1350+22.17%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
19.7%-24.6%
IPOGyani AI Prediction
-
Actual Listing Gain
-20.2%

Issue & financials

Issue SizeRs 260.04 Cr
Fresh IssueRs 217.21 Cr
OFSRs 42.83 Cr
IPO PE33.50
Peer / Sector PE25.00
PE vs Sector Ratio1.34
Latest EBITDA (Cr)85.00
Debt / Equity1.20

Market context at listing

How the broader market moved around the Deepak Builders IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-2.32%
Nifty 1W Return-2.12%
Nifty 1M Return-5.33%
Nifty during IPO window-0.94%

Deepak Builders IPO - FAQs

What was the listing gain of Deepak Builders IPO?

Deepak Builders IPO listed at -20.2% versus the upper issue price of Rs 203 on 28 October 2024.

How many times was Deepak Builders IPO subscribed?

Deepak Builders IPO was subscribed 41.54x overall. QIB portion was subscribed 13.91x, HNI / NII 82.47x and Retail 39.79x.

What was the IPO GMP for Deepak Builders?

IPO GMP started at Rs 1,400 on Day 1 and moved to Rs 1,350 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

Other IPOs listed in 2024

Browse listed IPOs by year