Deepak Builders & Engineers India has debuted at Rs 198.50 on the BSE, down by 4.5 points or 2.21% from its issue price of Rs 203.00.
The scrip ended at Rs 161.05, down by 41.95? points or 20.67% from its issue price.
It has touched a high and low of Rs 198.85 and Rs 161.15 respectively. So far 7.50 lakh shares were traded on the counter.
The offering, which was open for subscription between October 21, 2024 and October 23, 2024 was subscribed around 41 times. The issue price was fixed at Rs 203.00 per share i.e. at upper end of price band of Rs 192-203 apiece.
Deepak Builders & Engineers India is engaged in the business of Construction Contract Works and Construction of Infrastructure Facilities including Hospitals, Flyovers / Bridges / ROB / RUB, Roads, Buildings etc.
