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Deepak Builders & Engineers India Limited IPO Subscriptions Status Live Today

 

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Deepak Builders & Engineers India Limited IPO

October 21, 2024 - October 23, 2024 Closed

Deepak Builders & Engineers India Limited IPO Details

Issue Open

21 October 2024

Issue Close

23 October 2024

IPO Price

₹192 - ₹203 per equity share

Face Value

₹10 per equity share

IPO Size

₹260.04 Cr.

Listing At

NSE, BSE

IPO Lot Size

73 shares

 

IPO Investor Categories


• Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers “QIBs” are typically large, financially sophisticated investors, such as the mutual funds, insurance companies, pension funds, & hedge funds, who are the considered to have the expertise & resources to the evaluate investment opportunities. QIBs are the required to the meet certain financial criteria set by the Securities & Exchange Board of India “SEBI” to the participate in an the Initial Public Offering IPO, and they are allowed to be the bid for the shares at the price lower than the price at the which shares are offered to retail investors.



• Non-Institutional Investors (NII) - Non-Institutional Investors “NIIs”, on the other hand, are the typically individual investors, High Net Worth Individuals “HNIs”, or corporate bodies who do not meet the financial criteria to be the classified as the QIBs. They are allowed to the participate in an Initial Public Offering IPO at the same price as retail investors.


NII category has two subcategories:



1. sNII - "sNII" stands for the "Small Non-Institutional Investor." This subcategory includes investors who have bid for the share’s worth between ₹2 lakhs & ₹10 lakhs in an IPO.


2. bNII - "bNII" stands for the "Big Non-Institutional Investor." This subcategory includes investors who have bid for the shares worth more than the ₹10 lakhs in an the Initial Public Offering IPO.


• Retail Individual Investors (RII) - Retail Individual Investors “RIIs” are the individual investors who have the apply for the shares worth up to ₹2 lakhs in an Initial Public Offering IPO, aimed at the encouraging retail participation in the Initial Public Offering IPO process.


• Employee (EMP)- 
The Employee “EMP” category in an the Initial Public Offering IPO is reserved for the employees, directors, & business associates of the issuer company, & the allocation of shares to this category is the determined by the issuer company and the lead manager of the Initial Public Offering IPO.

• Others- A category of eligible shareholders or the other investors who have the reserved quota in the Initial Public Offering IPO.

 

Frequently Asked Question

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