DEE Development Engineers Limited IPO

DEE Development Engineers Limited IPO

DEE Development Engineers Limited (DEE) is an Indian company primarily engaged in the design and manufacturing of piping systems and components for various industries, including power generation, oil and gas, chemical processing, and infrastructure. Here is an overview of DEE Development Engineers Limited…

Company Overview

  1. Foundation and Headquarters: DEE was established in 1983 and is headquartered in Faridabad, Haryana, India.
  2. Industry Focus: The company specializes in providing comprehensive piping solutions, including pipe fittings, pressure vessels, skids, and other related components.
  3. Services and Products:
    • Piping Systems: Design, fabrication, and supply of complex piping systems.
    • Pipe Fittings and Components: Manufacturing of a variety of fittings like elbows, tees, reducers, flanges, and more.
    • Pressure Vessels: Design and manufacture of pressure vessels for various industrial applications.
    • Skid Systems: Providing modular skid systems for process industries.
    • Engineering Services: Offering detailed engineering and design services.

Market and Clients

DEE serves a global market, with clients in various sectors such as:

  • Power Generation: Supplying to both conventional and renewable energy sectors.
  • Oil and Gas: Serving upstream, midstream, and downstream operations.
  • Chemical Processing: Providing solutions for chemical and petrochemical industries.
  • Infrastructure: Supporting large-scale infrastructure projects with custom piping solutions.

DEE Development Engineers Limited has established itself as a key player in the engineering and manufacturing domain, known for its quality, reliability, and comprehensive service offerings in piping systems and related components.

DEE Development Engineers Limited IPO Timetable

IPO Open Date19 June 2024
IPO Close Date21 June 2024
Allotment Date24 June 2024
IPO Listing Date26 June 2024

DEE Development Engineers Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 10 Per Equity Share
IPO PriceRs. 193 to Rs. 203 Per Equity Share
Market Lot73 Share
Listing AtNSE & BSE
Issue SizeApprox. Rs. 418 Crore.

DEE Development Engineers Limited IPO Lot Size

Minimum173Rs. 14819
Maximum13949Rs. 192647
Small HNI (Minimum)141022Rs. 207466
Big HNI (Minimum)684964Rs. 1007692

DEE Development Engineers Limited IPO Allotment Status & IPO forms

Click Here To Check IPO Allotment Status DEE Development Engineers Limited IPO

Click Here To Get ASBA Forms DEE Development Engineers Limited IPO

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets966.26845.40835.88
Total Revenue614.32470.84513.03
Profit After Tax12.978.214.21
for accurate figures follow the company financials.

Company Promoters:

The Promoters of the company are Krishan Lalit Bansal, Ashima Bansal and DDE Piping Components Private Limited.

Purpose 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; and
  • General corporate purposes

Registrar & Company Details

Company Contact InformationIPO Registrar
DEE Development Engineers Limited

Unit 1, Prithla-Tatarpur Road,
Village Tatarpur,
Dist. Palwal, Faridabad- 121102,
Phone: +91 1275 248345
Link Intime India Private Ltd

Phone: +91-22-4918 6270

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