Deepak Builders & Engineers India Ltd. has announced public offering of 12810000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 193.00 per share. The gross proceeds of the issue are expected to be Rs 26,004.30 lakhs.

The company's initial public offer (IPO) will open on 21 October 2024 and is expected to close on 23 October 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 192.00-203.00 per share.

The IPO includes a fresh Issue of 12810000 Equity Shares of the Company at an price of Rs 203.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 73 shares with bids in multiples of 73.

Deepak Builders & Engineers India Ltd. anticipates using the proceeds of the issue for .

Fedex Securities Private Limited as lead manager & KFin Technologies Ltd. is the registrar, to the issue.