1.Company Information
Incorporated in September 2017, Deepak Builders & Engineers India Limited is a construction company specializing in administrative, institutional, and industrial buildings, hospitals, stadiums, residential complexes, and other construction activities.
The company has completed turnkey projects encompassing architectural, structural, civil, MEP, firefighting systems, public health services, IT systems, operation theaters, medical gas pipelines, and landscaping.
The company's business can be categorized into the following verticals:
Construction Projects business;
Infrastructure Projects business; and
Sale of products.
The company has completed construction and infrastructure projects in four states of India - Punjab, Haryana, Rajasthan, Uttarakhand - and two Union Territories - Chandigarh and the National Capital Territory of Delhi.
The company manages twelve projects, including seven EPC projects and five item rate/percentage rate contracts. Within the ongoing projects, the construction portfolio consists of four hospital and medical college projects, one administrative & and institutional building, and one industrial building. The infrastructure projects include four projects focused on upgrading, developing, and redeveloping railway stations and related work, as well as two road and bridge projects related to rail over bridges.
As of June 30, 2024, the company's order book amounts are as follows: Rs 13,803.89 million for Fiscal 2024, Rs 11,126.88 million for Fiscal 2023, and Rs 16,578.79 million for Fiscal 2022, and Rs 7,196.32 million for Fiscal 2021.
The company has experience in executing projects with varying degrees of complexity, including 3D Domes at Jang-E-Azadi, Kartarpur, Punjab; Heritage Walk at Golden Temple Corridor, Amritsar, Punjab; and fire ramps in specialized steel structures at AIIMS, Delhi.
Competitive Strength
High-quality construction projects are achieved with the use of technology, efficient processes, and a dedicated workforce.
Investing in modern construction equipment fleets enables the timely delivery of high-quality infrastructure development and construction projects.
Experienced Management Team
As of June 30 2024, the company has 632 permanent employees and 2129 contract labourers.
2. Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
1. Repayment/prepayment, in full or part, of certain borrowings availed by the Company;
2. Funding of working capital requirements of the company and
3. General corporate purposes.
3.Deepak Builders & Engineers India Limited IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: deepakbuilders.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/