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Deepak Builders & Engineers IPO Allotment Today: Here’s How to Check Your Status and Latest GMP

The much-anticipated share allotment for the Deepak Builders & Engineers IPO is out today, marking a significant milestone for eager investors. The IPO received an enthusiastic response, being oversubscribed a massive 41 times, showcasing high interest from retail investors and institutions alike. Here’s a rundown on checking your allotment status and the latest grey market premium (GMP) updates.

IPO Overview and Allotment Status

The ₹260 crore IPO of Deepak Builders & Engineers opened for subscription on October 21 and closed on October 23. This book-built issue attracted significant attention, especially from high-net-worth individuals (HNIs) with an oversubscription of 82.47 times in this category. Retail investors, too, showed strong interest, as this segment was oversubscribed 39.79 times, while the Qualified Institutional Buyers (QIB) category reached 13.91 times the allotment.

With the final share allotments scheduled for today, successful applicants should see the shares credited to their demat accounts by October 25, while refunds to unsuccessful bidders will likely be processed on the same day. The official listing on the BSE and NSE is set for Monday, October 28, adding to the anticipation among investors.

How to Check Deepak Builders & Engineers IPO Allotment Status Online

To check your IPO allotment status, you can use the official websites of BSE, NSE, or the IPO registrar’s portal, KFin Technologies Limited. Here are the steps to follow:

1. On the Registrar’s Website (KFin Technologies)

Go to the KFin Technologies Limited website.
Select “Deepak Builders & Engineers IPO” from the IPO dropdown.
Choose your preferred search criteria: Application Number, Demat Account, or PAN.
Complete the CAPTCHA and click “Submit.”
Your allotment status will appear on the screen.

2. On the BSE Website

Visit the BSE allotment status link: bseindia.com/investors/appli_check.aspx.
Under “Issue Type,” select “Equity.”
Choose “Deepak Builders & Engineers” from the options.
Enter your Application Number or PAN.
Verify with the CAPTCHA and click on “Search.”
Your allotment status will be displayed.

3. On the NSE Website

Visit NSE’s IPO allotment portal: nseindia.com.
Sign up by clicking on “Click here to sign up” and enter your PAN details.
Login with your username, password, and CAPTCHA code.
Check your IPO allotment status on the next page.

Grey Market Premium (GMP) Update

As of the latest market sources, Deepak Builders & Engineers IPO is trading with a grey market premium (GMP) of ₹51. Considering the upper price band of ₹203, the expected listing price could be around ₹254, indicating a potential premium of 25.12%. This premium reflects positive sentiment and strong demand, especially among retail investors. However, investors should note that GMP trends are speculative and may fluctuate.

Important Dates to Note

Allotment Date: October 24
Demat Credit Date: October 25
Listing Date: October 28

Investors eager for their allotment results should complete the steps on the respective platforms for the latest updates. The anticipated premium at listing may provide a profitable exit, but as always, investment decisions should be made carefully.