BSECompany Update5d ago · 14 Aug 2026, 06:58 pm
Monitoring Agency Report as on 30.06.2026
Deepak Builders and Engineers India Ltd · 544276
✦ AI SummaryResults
Deepak Builders and Engineers India Ltd has submitted a Monitoring Agency Report for the quarter ended June 30, 2026, as per SEBI regulations, detailing the utilization of IPO proceeds.
Analysis Scores
Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Deepak Builders and Engineers India Ltd - 544276 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Attachments (1)
📄pdf
Download →
4d2487f3-0ea1-40da-ae4f-4eb3b4e3bfdf.pdf
View document text
DEEPAK BUILDERS
ENGINEERS INDIA LIMITEID
................................ Date : ...
Date: 14t August, 2026
The Manager The Manager
Listing Department Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Tower
Bandra -Kurla Complex, Bandra (East) Dalal Street,
Mumbai - 400 051 Mumbai - 400001
Trading Symbol: DBEIL Script code: 544276
Dear Sir/ Madam,
Subject: Monitoring Agency Report for the quarter ended June 30, 2026.
Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with Regulation 41 of the
SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we hereby submit the
Monitoring Agency Report issued by CRISIL Ratings Limited, Monitoring Agency, for the quarter
ended June 30, 2026, in respect of utilization of proceeds of the Initial Public Offer (“IPO”) of the
company.
The Monitoring Agency Report for the quarter ended June 30, 2026, was duly reviewed by the Audit
Committee and approved by the Board at their respective meetings held on August 14, 2026.
The above information will be made available on the website of the Company
www.deepakbuilders.co.in
Kindly take the same on record.
Thanking You,
Yours faithfully,
For Deepak Builders & Engineers India Limited1
Digitally signed by Anil
(Anil Kumar) Anil Kumar o nisios
umar 40530
Company Secretary & Compliance Officer
Corporate Office : Near Lodhi Club, Shaheed Bhagat Singh Nagar, Ludhiana -141 012 (Punjab) Tel.: +91-161-2560106
Mobile : +91-98759-09240 E-mail : info@deepakbuilders.co.in, deepakbuilders1987@gmail.com
Regd. Office : Ahluwalia Chambers, 1st Fioor, Plot No.16 & 17, Local Shopping Centre, Madangir, Near Pushpa Bhawan|
New Delhi - 110 062
Crisil
Ratings
Monitoring Agency Report
Deepak Builders and Engineers India
Limited
for the quarter ended
June 30, 2026
e Identity Number: U67100MH2019PLC326247
ed Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India
acompany of S&P Global
Crisil
Ratings
CRL/MAR/AKDPL/2026-27/1870
August 14, 2026
Deepak Builders and Engineers India Limited
Ahluwalia Chambers, 1st Floor, Plot No. 16 &17,
Local Shopping Centre, Madangir,
near Pushpa Bhawan, South Delhi,
New Delhi - 110 062, India
Dear Sir,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”)
of Deepak Builders And Engineers India Limited (“the Company”)
Pursuant to Regulation 41(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI
ICDR Regulations”) and Monitoring Agency Agreement dated September 28, 2024, enclosed herewith the
Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI
ICDR Regulations towards utilization of proceeds of IPO for the quarter ended June 30, 2026.
Request you to kindly take the same on records.
Thanking you,
For and on behalf of Crisil Ratings Limited
Director, Ratings (LCG)
Crisil Ratings Limited
Corporate Identity Number: U67100MH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India
Phone: +91 22 6137 3000 | www.crisilratings.com acompany of S&P Global
Crisil
Ratings
Report of the Monitoring Agency (MA)
Name of the issuer: Deepak Builders and Engineers India Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: Crisil Ratings Limited
(a) Deviation from the objects: Not applicable
(b) Range of Deviation: Not applicable
Declaration:
T\e declare that this 1eport provides an objective view of the utilization of the issue proceeds in relation to the objects of the
issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and
reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/
statements it receies. This Report is not intended to create any legally binding obligations on the MA which accepts no
responsibility, whatsoeverfo,r loss or danage front the use of the said information. The views and opinions expressed herein do
not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this
report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the
agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the
Companies Act, 2013.
The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains
and may receive separate compensatiofonr its ratings and certain credit-related analyses. Ve confirm that we do not perceive
any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the
issuer.
T\ have submitted the report herewith in line with the format prescribed by SEBI, capturing our contments, where applicable.
There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the
Issuer’s Managem/e Anudtit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer
and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA
takes no responsibiliftoyr such comments of the issuer’s Management/Board.
Signat/u). ree:l
Name and designation of the Aufhorized Signatory: Shounak Chakravarty
Designation of Authorized person/Signing Authority: Director, Ratings (LCG)
Crisil Ratings Limited
Corporate Identity Number: U67100MH2019PLC326247
Registered Office: Lightbridge IT Park, Saki Vihar Road, Andheri East, Mumbai- 400 072. India
Phone: +91 22 6137 3000 | www.crisilratings.com acompany of S&P Global
Crisil
Ratings
1) Issuer Details:
Name of the issuer: Deepak Builders and Engineers India Limited
Names of the promoter: Mr. Deepak Kumar Singal
Mrs. Sunita Singal
Industry/sector to which it belongs: Construction
2) Issue Details
Issue Period: October 21, 2024, to October 23, 2024
Type of issue (public/rights): Initial Public Offer (IPO)
Type of specified securities: Equity Shares
IPO Grading, if any: NA
Issue size: Rs 2,172.10 million (Freshissue - Rs 2,172.10* million and OFS of
Rs 428.33 million)
*Note 1: The prospectus dated October 23, 2024, filed by the company, mentions Rs. 254.84 million as the total amount towards
isstue expenses in following manner.
Revised Amount Revlse.d amount
during the
Amount as at the quarter warter ended
Particulars (Rs. ended December 4
. September 30,
Millions) 31, 2024 (R
(Rs. Million)$ - (88
million)&
Gross proceeds of the Fresh Issue 2,172.10% NA NA
Less: Issue Expenses 254.84 212.86 209.89
Net Proceeds 1,917.26 1,959.24 1,962.21
#Crisil Ratings shall be monitoring the gross proceeds.
$As on December 31, 2024, the Issue expenses were erroneously disclosed in the prospectus, with OFS expenses incorrectly included
in Fresh Issue, impacting net proceeds. As per the clarification provided by the Merchant Banker, the Company and the Statutory
Auditors of the Company, corrected net proceeds were approved and allocated to General Corporate Purposes (GCP) to reflect the
correction.
&Duwring the quarter ended September 30, 2025, net proceeds have been fiurther revised to Rs. 1,962.21 million from Rs. 1,959.24
million on account of issue expenses being lower than the estimated amount. This excess issie expenses amount of Rs. 2.97 million
Tias been adjusted against General Corporate Purposes, which increased the GCP amount to Rs. 542.65 million from Rs. 539.68
nullion
ACertificate dated July 22, 2026, issued by M/s Parmod G. Gupta & Associates, Chartered Accountants (Firm Registration Nuniber:
018870N), Statutory Auditors of the Company.
C
[Showing first 8,000 characters — download PDF for full document]