I've got Qt 5.2.1, MinGW 4.8 and using windeployqt I want to keep DLLs inside subdir "libs" so my dir would look like:

DIR:
-APP.exe
-libs:
-Qt5Core.dll
-Qt5Gui.dll
-...

But when I pass -libdir "C:\DIR\libs" my app cannot find those DLLs.
What do I have to do to make it work?