247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

DEE Development Engineers Limited IPO (DEE Development Engineers IPO) Details

DEE Development Engineers Limited is an Engineering - EPC based company, located in Faridabad, DEE Development Engineers Limited IPO size was 418.01 Cr. and was issued at 203.00 per share. The share of DEE Development Engineers Limited were listed at 335.00 per share and are currently trading at 299.90 per share.

Type :
Sub Sector : Specialized Process Piping Solutions For Oil And Gas, Power (including Nuclear), Chemicals, And Other Process Industries Through Engineering, Procurement, And Manufacturing.?
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
743.81 Cr.

PAT :
19.12 Cr.

Pricing Report

Issue Price :
203.00

Listing Price :
335.00

Current Market Price :
299.90

Issue Price vs CMP :
96.9 (47.73%)

listing Price vs CMP :
35.1 (10.48%)

Performance Report (CAGR* wise)

CAGR : 97.69
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About DEE Development Engineers

Company Information
DEE Development Engineers Limited is an engineering firm providing specialized process piping solutions to industries such as oil and gas, power (including nuclear), chemicals, and other process industries through engineering, procurement, and manufacturing. With over three and a half decades of manufacturing experience, the company has successfully leveraged its brand, strategically located manufacturing facilities, and engineering capabilities to expand its business. It manufactures and supplies various piping products, including high-pressure piping systems, piping spools, high-frequency induction pipe bends, LSAW pipes, industrial pipe fittings, pressure vessels, industrial stacks, modular skids, and accessories like boiler superheater coils, de-super heaters, and other customized components. The company is currently ranked as one of the leading process pipe solution providers in the world, known for its technical capability to
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Object of Issue
  • Funding working capital requirements of the Company
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and
  • General corporate purposes

DEE Development Engineers MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jun, 2024
IPO Size :
418.01 Cr.
Market Cap :
1401.69 Cr.   
IPO Subscription :
103.30 X     
PE Multiple :
73.33
Merchant Banker :
Equirus Capital Private Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

DEE Development Engineers operates in Engineering - EPC and Specialized Process Piping Solutions For Oil And Gas, Power (including Nuclear), Chemicals, And Other Process Industries Through Engineering, Procurement, And Manufacturing.?. The Issue is listed on MainBoard in Jun, 2024. DEE Development Engineers IPO size was 418.01 Cr. with Issue price of 203.00 .

Merchant Banker(s) of DEE Development Engineers IPO: Equirus Capital Private Limited , SBI Capital Markets Limited

DEE Development Engineers IPO subscription was 103.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

DEE Development Engineers IPO listed at a listing price of 335.00 against the offer price of 203.00.

The current market price of DEE Development Engineers is 299.90.

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