DEE Development Engineers
DEE Development Engineers Info
Details about the DEE Development Engineers IPO. Opening Date of DEE Development Engineers is 19 Jun 24 and Closing Date is 21 Jun 24 . Face Value of Each share of DEE Development Engineers is ₹10 per share. Price band of DEE Development Engineers is ₹193 to ₹203. The Lot size of DEE Development Engineers is 73 shares. Total issue size of DEE Development Engineers IPO is ₹418.01 cr. Fresh Issue of DEE Development Engineers IPO is 325 cr. DEE Development Engineers IPO also includes offer for sale of ₹93.01 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of DEE Development Engineers is 53,039,140. Share Holding Post Issue of DEE Development Engineers is 69,048,992.
Business Summary
DEE Development Engineers is an engineering company providing specialized process piping solutions for industries such as oil and gas, power,chemicals and other process industries through engineering, procurement and manufacturing.
Company also manufacture and supply piping productssuch as high-pressure piping systems, piping spools, high frequencyinduction pipe bends, Longitudinally Submerged Arc Welding pipes, industrial pipe fittings, pressure vessels, industrial stacks, modular skids and accessories including, boilersuperheater coils, de-super heaters and other customized manufactured component
DEE Development Engineers IPO Details
| Open Date | 19 Jun 24 |
|---|---|
| Close Date | 21 Jun 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹193 - ₹203 |
| Lot Size | 73 Shares |
| Employee Discount | ₹19 per Shares |
| Total issue Size | 20,591,852 Shares ₹418.01 cr |
| Fresh Issue | 16,009,852 Shares ₹325 cr |
| Offer for Sale | 4,582,000 Shares (₹93.01 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 53,039,140 |
| Share Holding Post Issue | 69,048,992 |
| RHP , DHRP | View RHP, View DRHP |
DEE Development Engineers IPO Timeline
The DEE Development Engineers Initial Public Offering (IPO) is set to open on 19 Jun 24 and will end its subscription phase on 21 Jun 24. You can check your allotment status for DEE Development Engineers on 24 Jun 24. The refund process for your funds will start promptly on 25 Jun 24. DEE Development Engineers IPO credit of shares will be on 25 Jun 24. The listing date for DEE Development Engineers is on 26 Jun 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
DEE Development Engineers IPO Reservation
The DEE Development Engineers IPO reserves shares for different investor categories. Approximately Not more than 50.00% of the Net offer will be available for QIB, Not less than 35% of the Net Issue will be available for NII, Not less than 15% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50.00% of the Net offer |
| NII | Not less than 35% of the Net Issue |
| Retail | Not less than 15% of the Net Issue |
DEE Development Engineers IPO Lot Size
Bids can be made for minimum of 73 shares and in multiple of 73 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 73 | 14,819 |
| Retail (Max) | 13 | 949 | 192,647 |
| S-HNI (Min) | 14 | 1,022 | 207,466 |
| S-HNI (Max) | 67 | 4,891 | 992,873 |
| B-HNI (Min) | 68 | 4,964 | 1,007,692 |
DEE Development Engineers IPO Promoters Holding
Promoters holding details for DEE Development Engineers in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to -%.
Promoters of DEE Development Engineers are Krishan Lalit Bansal, Ashima Bansal, DDE Piping Components Private Limited,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | -% |
DEE Development Engineers Financial Information
Financial performance details for DEE Development Engineers over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 1,171.01 | 966.26 | 845.4 | 835.88 |
| Revenue | 557.86 | 614.32 | 470.84 | 513.03 |
| Profit After Tax | 14.34 | 12.97 | 8.2 | 14.21 |
DEE Development Engineers IPO Key Performance Indicator
Key Performance Indicators (KPIs) for DEE Development Engineers are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 83 |
| ROE | 3.91% |
| EPS (Rs) | 2.45 |
Object of the Issue
- • Funding working capital requirements of the Company
- • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
- • General corporate purposes
Contact Details for DEE Development Engineers
Phone
Office
Unit 1, Prithla-Tatarpur Road, Village Tatarpur, Dist. Palwal, Faridabad - 121102
Registrar Details for DEE Development Engineers
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • SBI Capital Markets Limited
- • Equirus Capital Private Limited