Deepak Builders' IPO subscribed 41.54 times

Deepak Builders & Engineers India Ltd's IPO was oversubscribed by 41.54 times on its final day. The share sale worth Rs 260 crore attracted significant interest: non-institutional investors subscribed 82.47 times, retail investors 39.79 times, and qualified institutional buyers 13.91 times. The IPO price range was set at Rs 192-203 per share.

Oct 23, 2024 - 19:30

Deepak Builders' IPO subscribed 41.54 times

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Deepak Builders & Engineers India Ltd's IPO was oversubscribed by 41.54 times on its final day. The share sale worth Rs 260 crore attracted significant interest: non-institutional investors subscribed 82.47 times, retail investors 39.79 times, and qualified institutional buyers 13.91 times. The IPO price range was set at Rs 192-203 per share.