Deep Industries IPO Details

Fixed Price IPO | ₹41 Cr | Listed at BSE | Tue, Aug 29, 2006 - Mon, Sep 4, 2006

Deep Industries IPO Logo

Deep Industries IPO is a fixed issue price of ₹40.68 crores. The issue is entirely a fresh issue of 1.13 crore shares of ₹40.68 crore.

Deep Industries IPO bidding started from Aug 29, 2006 and ended on Sep 4, 2006. The shares got listed on the BSE on Sep 25, 2006.

Deep Industries IPO is set final issue price at ₹36 per share. The lot size for an application is 175 shares. The minimum amount of investment required by an individual investor (retail) is ₹6,300 (175 shares) (based on upper price). The lot size investment for sNII is 32 lots (5,600 shares), amounting to ₹2,01,600, and for bNII, it is 159 lots (27,825 shares), amounting to ₹10,01,700.

IDBI Capital Markets Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to Deep Industries IPO RHP for detailed Information.

IPO Open

Tue, Aug 29, 2006

IPO Close

Mon, Sep 4, 2006

Issue Price

₹36 per share

Market Cap (Pre-IPO)

₹72.00 Cr

IPO Details

IPO Date29 Aug to 4 Sep, 2006
Listed onMon, Sep 25, 2006
Face Value10 per share
Issue Price₹36 per share
Lot Size175 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE

Total Issue Size1,13,00,000 shares
(agg. up to ₹41 Cr)
Fresh Issue 1,13,00,000 shares
(agg. up to ₹41 Cr)
Share Holding Pre Issue87,00,000 shares
Share Holding Post Issue2,00,00,000 shares
BSE Script Code 532760 DEEPENR
ISININE677H01012

IPO Timetable

Issue Reservation

Deep Industries IPO comprises a total issue size of 1,13,00,000 shares. The net offer to the public is 62,15,000 shares, after excluding 50,85,000 shares under a preferential allotment. Of the Net offer 31,07,500 (50.00%) allocated to NII 31,07,500 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue Max Allottees
NII (HNI) Shares Offered 31,07,50050.00%27.50%NA
Retail Shares Offered 31,07,50050.00%27.50%17,757
Preferential Reservations
Employee Shares Offered 11,30,00010.00%NA
Other Shares Offered 39,55,00035.00%NA
Total Shares Offered 1,13,00,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 175 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 175 ₹6,300
Retail (Max) 31 5,425 ₹1,95,300
S-HNI (Min) 32 5,600 ₹2,01,600
IPO Subscription Details

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Yes
Employee + RII/NII
  • Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Deep Industries Ltd.

Deep Industries Limited (DIL) provides various Oil and Gas Field Services such as supply and rental of equipment, Operation & Maintenance and execution of turnkey projects.

DIL is the largest private sector Gas Compression Company in India with extensive rental fleet of Compressor Packages. DIL is the first Indian natural gas compression company to provide compression services outside India. (United States of America)

DIL provides solutions and services for Gas Compression, Separation Technology, Gas Processing, Oil Processing, Measurement Solutions, Water Treatment and Work Over Services.

Company Financials (Restated)

Period Ended31 Mar 200631 Mar 200531 Mar 2004
Assets424.15385.55344.60
Total Income79.6382.16109.86
Profit After Tax17.916.355.63
NET Worth193.97116.46115.61
Reserves and Surplus109.5651.5150.67
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Plant & Machinery 51.45
2 Office equipments 0.05
3 Additional Working Capital Requirement 1.00
4 Contingencies 0.76
5 IPO - Issue Expenses 4.00
6 General Corporate Purposes 3.01

Key Performance Indicator (KPI)

Pre IPOPost IPO
Promoter Holding91.95%40%
Market Cap72.00 Cr.
Mr. Paras S. Savla, Mr. Rupesh K. Savla, Kanvel Finance Private Limited, Savla Electronics Private Limited and Yash Organochem Private Limited are the promoters of the company.

Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees to the intermediaries (LM, Co-LM, Registrar, etc.) 2.35
2 Advertising & Marketing expenses 0.90
3 Miscellaneous (including ROC filing fees, printing etc.) 0.75

Listing Day Trading Information

Price DetailsBSE
Final Issue Price36.00
Open49.00
Low27.00
High49.00
Last Trade27.90

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Deep Industries Ltd. Address
Deep Industries Ltd,
Sabarmati Kalol State Highway,
Motera,
Gandhinagar, Gujarat, 380005
Open an Instant Account with Zerodha

IPO FAQs

Deep Industries IPO is a main-board IPO of 1,13,00,000 equity shares of the face value of ₹10 aggregating up to ₹41 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 175.

The IPO opens on Tue, Aug 29, 2006, and closes on Mon, Sep 4, 2006.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Deep Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Deep Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Deep Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Deep Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Deep Industries IPO opens on Tue, Aug 29, 2006 and closes on Mon, Sep 4, 2006.

Deep Industries IPO lot size is 175, and the minimum amount required for application is ₹6,300.

You can apply in Deep Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Deep Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Deep Industries IPO allotment status.

The Deep Industries IPO listing date is on Mon, Sep 25, 2006.

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