Deepak Builders & Engineers India Ltd Share Price

History of Deepak Builders & Engineers India Ltd

Deepak Builders & Engineers India Limited was originally incorporated as Deepak Builders & Engineers India Private Limited', a Private Limited Company, pursuant to a Certificate of Incorporation dated September 11, 2017 issued by the Registrar of Companies. thereafter, it was converted into a Public Limited Company and a fresh Certificate of Incorporation dated October 12, 2022 was issued by the Registrar of Companies, Delhi, recording the change in the name to Deepak Builders & Engineers India Limited'. The Company is an integrated engineering and construction company, specializing in execution and construction of administrative & institutional buildings, hospitals and medical colleges, industrial building, historical memorial complex, stadium and sports complex, and residential comple ...x and various developmental and other construction activity. It has diversified in undertaking specialized structural work such as flyovers, approach roads, rail under bridge, rail over bridges and development and redevelopment of railway stations. It undertake Construction & Infrastructure Projects both, as EPC services on a fixed-sum turnkey basis as well as on percentage basis. It execute projects on a turnkey basis comprising of architectural & structural work, civil works, HVAC, Mechanical Electrical & Plumbing (MEP) works, firefighting & fire alarm systems, public health services, information technology system, modular operation theatre, medical gas pipeline systems and external development work, including landscaping work. In 2018, the business of M/s Deepak Builders, partnership firm, was taken over effective from March 31, 2018. Since, acquisition of business from Erstwhile Firm, the Company completed 16 Projects, 2 including some prestigious projects, such as construction of Jang-E-Azadi Memorial at Kartarpur, Jalandhar, Punjab with a contract value amounting to Rs 218.36 Crore; development of Karuna Sagar Maharishi Valmiki Tirath Asthaan at Ram Tirath, Amritsar, Punjab with a contract value amounting to Rs 197.24 Cr.; construction of Geriatrics Block in AIIMS Campus, New Delhi with a contract value amounting to Rs 224.32 Cr.; construction of super specialty block at Government Medical College, Patiala with a contract value amounting to Rs 66.5 Crore. In 2023, it completed International Cricket Stadium, Chandigarh worth Rs 140.12 Cr. The Company is proposing the Initial Public Offering aggregating 14,400,000 equity shares, by issuing 12,000,000 equity shares through fresh issue and 2,400,000 Equity Shares through Offer for Sale.