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
- Foundation and Headquarters: DEE was established in 1983 and is headquartered in Faridabad, Haryana, India.
- Industry Focus: The company specializes in providing comprehensive piping solutions, including pipe fittings, pressure vessels, skids, and other related components.
- 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
| Particular | Date |
| IPO Open Date | 19 June 2024 |
| IPO Close Date | 21 June 2024 |
| Allotment Date | 24 June 2024 |
| IPO Listing Date | 26 June 2024 |
DEE Development Engineers Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 193 to Rs. 203 Per Equity Share |
| Market Lot | 73 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 418 Crore. |
DEE Development Engineers Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 73 | Rs. 14819 |
| Maximum | 13 | 949 | Rs. 192647 |
| Small HNI (Minimum) | 14 | 1022 | Rs. 207466 |
| Big HNI (Minimum) | 68 | 4964 | Rs. 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:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 966.26 | 845.40 | 835.88 |
| Total Revenue | 614.32 | 470.84 | 513.03 |
| Profit After Tax | 12.97 | 8.2 | 14.21 |
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 Information | IPO Registrar |
| 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/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: dde.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
