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Deepak Builders IPO opens today: GMP up 30%; should you park you money?

Business Standard LogoBusiness Standard17h ago

Deepak Builders IPO opens today: GMP up 30%; should you park you money? - Business Standard

Quick Summary:

Deepak Builders stated that it has already raised Rs 78.01 crore from anchor investors on the bidding concluded on October 18, 2024.

Following that, the basis for the allotment of Deepak Builders IPO shares is likely to be finalised on Thursday, October 24, 2024.

Swastika Investment, in its research note, has recommended investors subscribe to the Deepak Builders IPO for the long term, citing consistent growth in revenue and profitability.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 10:36:44 (17 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 659 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23147248

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 344 posts per day

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News Last Updated: 3 hours ago

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Publisher ID: #49

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