Deepak Builders IPO allotment status likely to be finalised today; here's how to check details online, latest GMP and other key details

Deepak Builders & Engineers India Ltd IPO received 41.54 times subscription on the last day of the share sale on Wednesday.

Deepak Builders IPO allotment is likely to take place today after the initial share sale of the company received 41.54 times subscription on the last day of the initial share sale.

The Rs 260 crore share sale by the engineering and construction Deepak Builders got bids for 37.24 crore shares against 89.67 lakh shares on offer, according to the data available on the NSE. The price range for the offer was fixed at Rs 192-203 per share.

Deepak Builders IPO allotment date today

Meanwhile, the investors who subscribed to the Deepak Builders & Engineers India Ltd IPO can expect the allotment of shares to be completed today. The shares are set to list on the BSE and NSE on October 28, Monday. For those who subscribed to the issue, the allotment status can be checked through the official website of the IPO’s registrar, KFin Technologies or the BSE website.

Deepak Builders IPO GMP Today Price

Deepak Builders IPO GMP has marginally declined to nearly 25 percent premium on the allotment date today. It was, however, trading at over 30 percent premium just two days back.

Deepak Builders IPO Allotment Status: Direct link to check status online on KFin Tech

Step 1: Open the direct link to the registrar using this URL (https://evault.kfintech.com/ipostatus/).

Step 2: Select the company from the dropdown menu

Step 3: Investors can check the allotment status by filling in details like PAN, Application number or DP client ID.

Step 4: Press the Submit button

Step 5: The allotment status will be shown in the window

Deepak Builders IPO Allotment Status: How to check Online on BSE

Step 1: Open the website of Bombay Stock Exchange (BSE).

Step 2: Click on 'Investors' option.

Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.

Step 4: Click on 'Application Status Check'.

Step 5: Select Equity in the issue type.

Step 6: Fill in the required details including the 'Issue Name'.

Step 7: Enter PAN number and click on Search to view the status

The IPO has a fresh issue of up to 1.07 crore equity shares and an offer for sale of up to 21.10 lakh equity shares. Fedex Securities Private Ltd is the book-running lead manager to the offer.

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