Deep Energy Resources Ltd IPO

Closed

Subscription Details

  • Open Date 29 Aug
  • Close Date 04 Sep
  • Lot Size 175
  • IPO Size ₹ 40.68 Cr
  • IPO Price Range ₹ 36
  • Min Investment ₹ 6300

Deep Energy Resources Ltd IPO Timeline

Open Date
29 Aug
Close Date
04 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 1,13,00,000 Equity Shares of Face value Rs.10/-each of Deep Industries Ltd (Hereinafter referred to as the Company or issuer) at a Price of Rs.36 for cash aggregating to Rs.40.68 Crores (hereinafter referred to as the issue) including 11,30,000 equity shares of face value Rs.10/- each reserved for Employees and Directors; 28,25,000 Equity shares of face value of Rs.10/- each reserved for NRIs and FIIs and 11,30,000 Equity Shares of face value Rs. 10 each reserved for Scheduled Banks/Indian Mutual Funds/Indian and Multilateral Development Financial Institution and net issue to public of 62,15,000 Equity Shares of face value of Rs.10/- each (hereinafter referred to as the net offcer to public). The issue would constitute 56.50 of the post issue paid up capital of the Company. Issue price is 3.6 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Deep Energy Resources Ltd IPO

Contact Information

Address

12A & 14 Abhishree Corp Park,
Ambli Bopal Road Ambli,
Ahmedabad, Gujarat 380058

Open Demat Account