DEE Development Engineers Limited

DEE Development Engineers Limited

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₹14,819(73 Shares)

Minimum Investment

IPO Dates

Jun 19, 2024 – Jun 21, 2024

Price Band

₹193–203 per equity share

Lot Size

73

Listing

Jun 26, 2024

Listing At

BSE, NSE

Jun 19, 2024Open DateCompleted
Jun 21, 2024Close DateCompleted
TBAAllotment DateUpcoming
Jun 26, 2024Listing DateCompleted

DEE Development Engineers Limited Live Subscription Details

All IPOs
QIB201.91x
Retail21.27x
NIIs
142.26x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

159.30x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

108.18x

Overall Subscription

Total Bids Received

98.09x

DEE Development Engineers Limited IPO Issue Details

Issue Price
₹193-203 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
1,60,09,852 shares(aggregating up to ₹325 crore)
Listing At
BSE, NSE
Listing Date
Jun 26, 2024
Registrar
Link Intime India Private Ltd

Reservation Details

NII15%

Shares Offered

30,81,389

QIB20%

Shares Offered

41,08,518

Anchor30%

Shares Offered

61,62,777

Company Information

DEE Development Engineers Limited is an engineering company that provides specialized process piping solutions for oil and gas, power (including nuclear), chemicals, and other process industries throu...

Valuations

EPS (Pre-IPO)

2.45

EPS (Post-IPO)

2,77

P/E (Pre-IPO)

83

P/E (Post-IPO)

73.33

RoNW

3.35%

PAT Margin

2.63%

P/B Value

2.46

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets966.26845.4835.88
Total Revenue614.32470.84513.03
Profit After Tax12.978.214.21
Net Worth413.7401.37448.5

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Funding working capital requirements of the Company
  2. 2Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
  3. 3General corporate purposes

DEE Development Engineers Limited – Promoter(s)

Krishan Lalit Bansal
Ashima Bansal
DDE Piping Components Private Limited

Contact Details

Corporate Office

Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Faridabad- 121102,

+91 1275 248345

secretarial@deepiping.com

Visit Website

DEE Development Engineers Limited Allotment & Registrar Details

Check Allotment

Link Intime India Private Ltd

+91-22-4918 6270

dde.ipo@linkintime.co.in

Visit Registrar Website

DEE Development Engineers Limited IPO Documents

Frequently Asked Questions — DEE Development Engineers Limited IPO

The DEE Development Engineers Limited IPO price band is set at ₹193.00 to ₹203.00 per equity share.

The lot size for DEE Development Engineers Limited IPO is 73 shares per lot. The minimum investment amount is approximately ₹14,819.

The DEE Development Engineers Limited IPO opens on Jun 19, 2024 and closes on Jun 21, 2024.

DEE Development Engineers Limited IPO is expected to be listed on Jun 26, 2024 on BSE, NSE.

The current GMP for DEE Development Engineers Limited IPO is ₹88, suggesting an expected listing price of around ₹281.00. Note: GMP is an unofficial market indicator.

The registrar for DEE Development Engineers Limited IPO is Link Intime India Private Ltd. You can contact them at dde.ipo@linkintime.co.in.

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