DEE Piping Systems IPO Details
| IPO Size | 418.01 |
| Price Range | ₹193 to ₹203 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 73 |
| Investment (cut-off price) | ₹14,819 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
DEE Piping Systems IPO Timelines
19/06/2024
Start Date21/06/2024
End Date25/06/2024
Refund Initiation25/06/2024
Credit of Shares to Demat Ac26/06/2024
Listing DateDEE Piping Systems IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 73 | ₹14,819 |
| Retail Maximum | 13 | 949 | ₹192,647 |
| S-HNI Minimum | 14 | 1022 | ₹207,466 |
| S-HNI Maximum | 67 | 4891 | ₹992,873 |
| B-HNI Minimum | 68 | 4964 | ₹1,007,692 |
DEE Piping Systems IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 201.91 x | 144.00 x | 23.42 x | 44.73 x | 99.56 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹339 | ₹335.30 | ₹365.70 | ₹310 |
DEE Piping Systems IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹513 | ₹504 | ₹14.21 |
| FY 2022 | ₹471 | ₹458 | ₹8.20 |
| FY 2023 | ₹614 | ₹594 | ₹12.97 |
| FY 2024 (9M) | ₹558 | ₹539 | ₹14.34 |
About Company
DEE Development Engineers Limited is a leading global provider of specialized process piping solutions. They design, manufacture, and install piping systems for oil & gas, power, and chemical industries. With over 35 years of experience, they boast the largest installed capacity for process piping solutions in India. DEE offers a wide range of piping products and can handle complex metals for various projects. They have strategically located facilities across India and Thailand, and are continuously expanding their manufacturing capabilities.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1998 | Infrastructure | K.L. Bansal |
Know Before Investing
DEE Piping Systems IPO Strengths
- Leading player in piping solutions for industries such as oil and gas.
- Provide comprehensive solutions to clients, specialized product offerings, and services.
DEE Piping Systems IPO Risks
- Any downturn in Oil, Gas, Power, and Chemical Sectors will impact the company’s revenue as it is tied to these sectors.
- Product offering measured against high-quality standards and stringent performance matrix.
Swot Analysis for DEE Piping Systems IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Company Details
DEE Development Engineers Limited
Unit 1, Prithla-Tatarpur Road,
Village Tatarpur,
Dist. Palwal, Faridabad- 121102,
Phone: +91 1275 248345
Email: [email protected]
Website: https://www.deepiping.com/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of DEE Piping Systems IPO are:
- Funding working capital requirements of Company;
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company and our Subsidiaries, DEE Piping Systems (Thailand) Co. Limited and DEE Fabricom India Private Limited
SBI Capital Markets Ltd and Equirus Capital Pvt Ltd are the book-running lead managers for the DEE Piping Systems IPO.