Deepak Builders & Engineers India Limited
Fund Raising Details
- Mode of Fund Raising: Public issue (Fresh Issue & OFS)
- Date of Allotment: 24 October 2024
- Date of Listing: 28 October 2024
- Amount Raised: ₹2,600.43 million (₹2,600.43 crore)
- Monitoring Agency: CRISIL Ratings Limited
- Reporting Quarter Ended: 31 March 2026
Fund Utilization Status
No deviation/variation in use of funds raised. All utilization is consistent with original objects approved in prospectus without shareholder approval changes.
Detailed Fund Utilization Breakdown
| Object | Original Cost (₹ million) | Revised Cost (₹ million) | Amount Utilized (₹ million) | Unutilized Amount (₹ million) |
| Repayment/prepayment of borrowings | 300.00 | 300.00 | 300.00 | NIL |
| Funding working capital requirements | 1,119.66 | 1,110.566 | 1,119.56 | NIL |
| General Corporate Purposes | 497.70 | 542.65 | 542.65 | NIL |
| Subtotal | 1,917.26 | 1,962.21 | 1,962.21 | NIL |
| Issue Expenses | 254.84 | 209.89 | 209.21 | 0.68 |
| Gross Proceeds | 2,172.10 | 2,172.10 | 2,171.42 | 0.68 |
Monitoring and Compliance
- Audit Committee Comments: NIL
- Auditor Comments: NIL
- Unutilized Amount: ₹0.68 million retained in Monitoring Account and Public Offer Account maintained with HDFC Bank
Additional Information
- Corporate Office: Near Lodhi Club, Shaheed Bhagat Singh Nagar, Ludhiana - 141 012 (Punjab)
- Contact: Tel: +91-161-2560106, Mobile: +91-98759-09240