The Ludhiana-based company, which raised Rs 78 crore from anchor investors on October 18, plans to use Rs 142 crore of net fresh issue proceeds to repay debt and meet working capital needs, with the ...
Shares of Deepak Builders & Engineers India were currently trading at Rs 171.20 at 10:21 IST on the BSE, representing a discount of 15.67% as compared with the issue price of Rs 203.
The initial public offer (IPO) of Deepak Builders & Engineers India received 37,24,76,076 bids for shares as against 89,67,061 shares on offer. The issue was subscribed 41.54 times.