Table of Contents
- DEE Piping Systems IPO Date And Details
- DEE Development Engineers Limited Financial Report
- DEE Development Engineers Limited KPI
- DEE Development Engineers Limited IPO Valuation
- Peer Group
- Company Promoters
- DEE Development Engineers Limited IPO Registrar
- DEE Piping Systems IPO Allotment Status Check
- Company Address
- DEE Piping Systems IPO Review
- DEE Piping Systems IPO FAQs
DEE Piping Systems IPO Date: DEE Development Engineers Limited is planning to launch its IPO on June 19, 2024. During this IPO, the company aims to raise around ₹418.00 crores. This amount will be collected through a combination of 1.6 crores new shares and 0.46 crores share OFS. Each share will have a face value of ₹10.
The DEE Piping Systems IPO has been divided into different categories. The retail investors, like you and me, will have access to 35% of the shares available. QBI will have access 50%, And High Net Worth Individuals (HNIs) will have access to 15%.
DEE Piping Systems IPO Date And Details
| IPO Open: | June 19, 2024 |
| IPO Close: | June 21, 2024 |
| IPO Size: | ₹418 Crores collecting through 2.06 Cr. Shares |
| Fresh Issue: | 1.6 crores new shares |
| Offer for Sale: | 0.46 crores shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹193 to ₹203 Per Share |
| Lot Size: | 73 Shares |
| IPO Listing on: | BSE, NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| RHP (Red Herring Prospectus) : | Click Here |
All Upcoming IPO Please Visit – IPO mint
DEE Piping Systems IPO Lot Size
For the DEE Piping Systems IPO, investors can buy a minimum lot of 73 shares, necessitating an application amount of ₹14,819. Retail investors have the option to apply for up to 1 lot minimum, which equates to 73 shares or a total amount of ₹14,819.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 73 | ₹14,819 |
| Retail Maximum | 13 | 949 | ₹192,647 |
| S-HNI Minimum | 14 | 1,022 | ₹207,466 |
| B-HNI Minimum | 68 | 4,964 | ₹1,007,692 |
DEE Piping Systems IPO Subscription, Allotment & Listing Dates (Tentative)
The DEE Piping Systems IPO is scheduled to open on June 19, 2024, and close on June 21, 2024. The allotment of shares for the IPO will be finalized on June 24, 2024, with the listing on the BSE SME also planned for June 26, 2024.
| IPO Open Date: | June 19, 2024 |
| IPO Close Date: | June 21, 2024 |
| Basis of Allotment: | June 24, 2024 |
| Refunds: | June 25, 2024 |
| Credit to Demat Account: | June 25, 2024 |
| IPO Listing Date: | June 26, 2024 |
DEE Development Engineers Limited Financial Report
| Year | Revenue (₹) | Expenses (₹) | Profit After Tax (PAT) (₹) |
|---|---|---|---|
| March 31, 2021 | ₹513.03 | ₹504 | ₹14.21 |
| March 31,2022 | ₹470.84 | ₹458 | ₹8.20 |
| March 31, 2023 | ₹614.32 | ₹594 | ₹12.97 |
| Dec 31, 2023 | ₹557.86 | ₹539 | ₹14.34 |
DEE Development Engineers Limited KPI
The KPI data for December 31, 2023:
| Particulars | Dec 31, 2023 (₹ crore) |
|---|---|
| EBITDA | 67.94 |
| EBITDA Margin (%) | 12.45% |
| Restated Profit after tax Margin (%) | 2.63% |
| ROCE (%) | 3.91%* |
| RONW (%) | 3.35%* |
| Net Debt | 371.06 |
| Net Debt to Total Equity | 0.85 |
| Order Book | 828.70 |
DEE Development Engineers Limited IPO Valuation
DEE Development Engineers Limited IPO Valuation as FY year 2023
| Earning Per Share (EPS): | ₹2.45 per Equity Share |
| P/E Ratio: | 73.33 |
| Return on Net Worth (RoNW): | 3.14% |
| Net Asset Value (NAV): | ₹79.87 per Equity Share |
Peer Group
- SBI Capital Markets Limited
- Equirus Capital Private Limited
Company Promoters
- Mr. Krishan Lalit Bansal
- Mrs. Ashima Bansal
- DDE Piping Components Private Limited
DEE Development Engineers Limited IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
LalBahadurSharstri Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra, India
Tel: (+91) 81081 14949
E-mail: ixigo.ipo@linkintime.co.in
Website: www.linkintime.co.in
DEE Piping Systems IPO Allotment Status Check
Check DEE Piping Systems IPO allotment status on the Link Intime India Private Limited. Website allotment URL. Click Here
DEE Piping Systems IPO Lead Managers
- SBI Capital Markets Limited
- Equirus Capital Private Limited
Company Address
DEE Development Engineers Limited
Unit 1, Prithla-Tatarpur Road,
Village Tatarpur,
Dist. Palwal, Faridabad- 121102,
Phone: +91 1275 248345
Email: secretarial@deepiping.com
Website: https://www.deepiping.com/
DEE Piping Systems IPO Review
Update Soon
DEE Piping Systems IPO FAQs
The DEE Piping Systems IPO is set to open on June 19, 2024, and close on June 21, 2024.
DEE Piping Systems plans to raise around ₹418.00 crores through its IPO.
The IPO price band for DEE Piping Systems is set at ₹193 to ₹203 per share.
The minimum lot size for the DEE Piping Systems IPO is 73 shares, requiring an application amount of ₹14,819.
