Deepak Builders & Engineers India IPO Subscription Status
Deepak Builders & Engineers India IPO was subscribed 41.54 times when bidding closed on 23 Oct 2024: QIB 13.91x, NII 82.47x, Retail 39.79x.
The Deepak Builders & Engineers India IPO has been subscribed 41.54x times overall. Retail investors have shown interest with bids for 39.79x the shares available. The Non-Institutional Investor (NII) category has been subscribed 82.47x. Within NII, Big HNI (B-HNI) subscribed 77.86x and Small HNI (S-HNI) subscribed 91.69x. Qualified Institutional Buyers (QIBs) have subscribed 13.91x. Data last updated on 10 Nov, 11:18 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 21 Oct, 2024 and closes on 23 Oct, 2024. The shares are expected to list on stock exchanges on 28 Oct, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 13.91x |
| NII | - of - - | 82.47x |
bHNI — bid amount above ₹10 Lakh |
- - | 77.86 |
sHNI — bid amount ₹2–10 Lakh |
- - | 91.69 |
| Retail | - of - - | 39.79x |
| TOTAL | - - | 41.54x |
Deepak Builders & Engineers India IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 40 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 13.91x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
23 Oct 2024
Day 3 |
41.54x | ▼ | |
|
QIB13.91x
BHNI77.86x
SHNI91.69x
Retail39.79x
|
|||
|
22 Oct 2024
Day 2 |
12.02x | ▼ | |
|
QIB1.08x
BHNI14.34x
SHNI23.52x
Retail15.96x
|
|||
|
21 Oct 2024
Day 1 |
4.12x | ▼ | |
|
QIB0.52x
BHNI3.38x
SHNI6.02x
Retail6.12x
|
|||
Deepak Builders & Engineers India IPO dates
From the bidding window to listing. Today is 14 November.
- Open 21 Oct 2024
- Close 23 Oct 2024
- Allotment 24 Oct 2024
- Refund/credit 25 Oct 2024
- Listing 28 Oct 2024
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | NEOMILE GROWTH FUND | - | ₹30.00 Cr | 38.46% | |
| 2 | CITADEL CAPITAL FUND | - | ₹20.00 Cr | 25.64% | |
| 3 | SAINT CAPITAL FUND | SAINT CAPITAL | ₹10.37 Cr | 13.30% | |
| 4 | ELITE CAPITAL FUND | - | ₹10.00 Cr | 12.82% | |
| 5 | ZEAL GLOBAL OPPORTUNITIES FUND | ZEAL GLOBAL | ₹7.63 Cr | 9.79% | |
| TOTAL | ₹78.00 Cr | 100.01% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Deepak Builders & Engineers India IPO?
As of IPO close date (23 Oct, 2024), the Deepak Builders & Engineers India IPO is subscribed 41.54x times. Retail category is 39.79x, and NII is 82.47x subscribed.
When is the allotment date for Deepak Builders & Engineers India IPO?
The allotment for Deepak Builders & Engineers India IPO is expected to be finalized on 24 October, 2024.
What is the GMP of Deepak Builders & Engineers India?
The Grey Market Premium (GMP) for Deepak Builders & Engineers India is currently ₹28, indicating a potential listing gain of 14%.
When will Deepak Builders & Engineers India IPO list on the stock market?
Deepak Builders & Engineers India is scheduled to list on BSE and NSE on 28 October, 2024.
What are the chances of getting allotment in Deepak Builders & Engineers India IPO?
The retail category is oversubscribed at 39.79x, meaning allotment is by lottery. Statistically, approximately 1 in 40 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 13.91x mean for Deepak Builders & Engineers India IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 13.91x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Deepak Builders & Engineers India IPO allotment status?
After the allotment date (24 Oct, 2024), you can check your Deepak Builders & Engineers India IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Deepak Builders & Engineers India IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
