Deepak Builders & Engineers India Limited IPO
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.
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