Deepak Builders IPO allotment – How to check allotment, IPO GMP, listing date and more

• Deepak Builders is expected to announce its share allotment status on Thursday, October 24.
• The shares of Deepak Builders were subscribed 41.54 times.
• The shares are expected to be listed on the stock exchanges on October 28.

Delhi-based Deepak Builders, a construction company that specialises in building hospitals, and administrative, institutional and industrial buildings is expected to announce the allotment status of its initial public offering (IPO) on Thursday, October 24.

The Deepak Builders IPO opened on October 21 and closed on October 23. The price band for the IPO was ₹192 to ₹203 per share.

Deepak Builders IPO subscription

On its last day, the Deepak Builders IPO was subscribed 41.54 times, receiving bids for 37.25 crore equity shares against 89.67 lakh shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 13.91 times, the non-institutional investor's portion was subscribed 82.47 times. The retail portion witnessed good participation and was subscribed 39.79 times.

Deepak Builders grey market premium

The shares of Deepak Builders are currently commanding a grey market premium (GMP) of ₹60 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check Deepak Builders’ IPO allotment status

You can check the allotment status on the registrar’s website.

• To check the Deepak Builders IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Company Selection’ and then select ‘Deepak Builders’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on ‘Search’.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Deepak Builders IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Deepak Builders’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Deepak Builders listing date

The shares of Deepak Builders will be listed on the stock exchanges on October 28.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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