Dilip Buildcon IPO - Grey Market, GMP & Reviews

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About Dilip Buildcon Ltd IPO

Dilip Buildcon Limited (DBL) is one of the leading private sector road-focused Engineering Procurement Construction(EPC) contractors in the country . DBL is also the fastest growing infrastructure development company of India with about 78.44% continuous year-on-year growth for the last ftheir years. They are developing infrastructure across the country in many diverse areas such as roads & bridges, water sanitation & sewage, irrigation, industrial, commercial & residential buildings.

DBL, named after its visionary promoter Mr. Dilip Suryavanshi, is a Bhopal based ISO 9001:2008 company, with accreditation from the IRQAO and ASCB(E) Accrediting Certifying Bodies, UK. DBL is the successor of Dilip Builders that was founded as a proprietorship concern in 1988-89. On April 1, 2007 the business of the proprietorship firm was taken over with all the assets & liabilities by DBL.

In the initial years of its operation the company focused on commercial & residential buildings, creating many marquee projects in Madhya Pradesh. As business grew in the early 90's the company forayed into other types of construction as well. The first move was into water sanitation & sewage. After that the company also did structural designing & construction for clients in the oil & gas industry. At the end of the 1990s when the new central government put forward a vision of connecting the country with roads, DBL saw it as a huge opportunity & dived head-first into it. After facing stiff resistance on multiple fronts by the established players & stakeholders, DBL finally got a start in the sector with a small road project. After that DBL never looked back & within a short period of six years became the largest road-focused construction firm in Madhya Pradesh. All this was possible because of the company's policy of continuous innovation & relentless pursuit of excellence. Then the company set its sight on becoming the largest road-focused EPC player in the country & started pursuing bigger projects across the country. In the meantime to fuel the nation's growth, the government came up with the PPP model for roads, inviting attention from other industries into the sector. These players were interested in owning & running these road BOT assets but had no expertise or infrastructure in building it. DBL saw itself positioned perfectly to provide EPC services to such players and worked tirelessly to improve its EPC capabilities & invested heavily in procuring the best road building equipment from around the world. This strategy paid off & DBL were able to go beyond the exacting demands of developers such as Essel, JMC projects, Sadbhav, Ashoka, Valecha, PNC, Topworth & many more, all of who have given us repeat orders.

The company prides itself on its engineering & execution capabilities, two areas that are led by its dynamic director Mr. Devendra Jain. The overall achievements of the company are due to the combined efforts of a committed & passionate workforce, adept use of world-class equipment bank and a clear vision & plan of a strong management. DBL has the highest level of meritocracy in its genes, proof of which can be seen in their employee's personal growth. Currently DBL has a talent base of over 12,000 employees on its rolls apart from the contract employees/labtheir working with their various contractors/vendors/associates.

Infrastructure development and maintenance are integral parts of the economic development of every country. This sector has clearly emerged as a major driver of Indian economy along with other leading industry verticals such as energy and petroleum. With the Indian government pumping more funds for building necessary infrastructure in the energy, transportation and urban sector, Dilip Buildcon is well poised to tap the available opportunity to the optimum with focused vision and determined mission.

Please refer to http://www.dilipbuildcon.co.in for details.

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