Contents
- 1 Table of Contents
- 2 DEE Piping Systems IPO Details
- 3 DEE Piping Systems IPO Date
- 4 Lot Size Of the DEE Piping Systems IPO
- 5 DEE Piping Systems IPO GMP (Grey Market Premium)
- 6 DEE Piping Systems IPO Subscription Status
- 7 DEE Piping Systems IPO Allotment Status
- 8 Know About Company
- 9 Objects of the Issue
- 10 Promoters Holding
- 11 DEE Development Engineers Limited Financial Report
- 12 KPI of DEE Development Engineers Limited
- 13 Peer Group Of DEE Development Engineers Limited
- 14 DEE Piping Systems IPO Prospectus
- 15 FAQs
Table of Contents
DEE Piping Systems IPO Date: DEE Development Engineers Limited IPO is open for subscription on June 19, 2024 and closes on June 21, 2024. The allotment for the DEE Piping Systems IPO is expected on June 24, 2024.DEE Piping Systems IPO will list on BSE SME with a listing date fixed as June 26, 2024.
DEE Piping Systems IPO has a book-built issue of Rs 418.01 crores. This includes Rs 325 crore raised from issuing 1.6 crore new shares and Rs 93.01 crore from OFS (Offer For Sale) 0.46 crore existing shares.
Source to DEE Piping Systems IPO RHP
DEE Piping Systems IPO Details
| Open Date | June 19, 2024 |
| Close Date | June 21, 2024 |
| Listing Date | June 26, 2024 |
| IPO Size | Aggregating up to 418.01 Cr |
| Fresh Issue | 1.6 Cr. Shares (Aggregating up to 325 Cr.) |
| Face Value | ₹10 per share |
| IPO Price Band | ₹193 to ₹203 per share |
| IPO Listing on | BSE, NSE |
| Lot Size | 73 Shares |
| OFS | 0.46 Cr. shares |
| Share Offered to Retail | 35% |
| Share Offered to QBI | 50% |
| Share Offered to HNI | 15% |
| Employee Discount | ₹19 per share |
DEE Piping Systems IPO Date
- IPO Open Date: June 19, 2024
- IPO Close Date: June 21, 2024
- Allotment: June 24, 2024
- Refunds: June 25, 2024
- Shares Credit to Demat: June 25, 2024
- Listing Date: June 26, 2024
Lot Size Of the DEE Piping Systems IPO
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 73 | ₹14,819 |
| Retail (Max) | 13 | 949 | ₹192,647 |
| S-HNI (Min) | 14 | 1,022 | ₹207,466 |
| S-HNI (Max) | 67 | 4,891 | ₹992,873 |
| B-HNI (Min) | 68 | 4,964 | ₹1,007,692 |
DEE Piping Systems IPO GMP (Grey Market Premium)
If you want to know DEE Piping Systems IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP. Including DEE Piping Systems IPO GMP.
DEE Piping Systems IPO Subscription Status
DEE Piping Systems IPO subscription starts on June 19, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
DEE Piping Systems IPO Allotment Status
To check DEE Piping Systems IPO allotment status go to the IPO registrar website ”Link Intime India Private Limited” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status of DEE Piping Systems IPO.
Know About Company
DEE Development Engineers Limited, established in 1988, specializes in providing tailored process piping solutions for various industries such as oil and gas, power, and chemicals.
They manufacture and supply a wide range of piping products and accessories, operating from multiple facilities across India and Thailand. Recently, they’ve diversified into designing and manufacturing pilot plants at their Palwal Facility III.
Objects of the Issue
- Funding working capital requirements of the Company;
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company; and
- General corporate purposes
Promoters Holding
- The company’s promoters include Krishan Lalit Bansal, Ashima Bansal, and DDE Piping Components Private Limited. Before the issue, they held 100% of the shareholding.
DEE Development Engineers Limited Financial Report
The financial data for DEE Development Engineers Limited for the periods ended December 31, 2023, March 31, 2023, March 31, 2022, and March 31, 2021:
| Period Ended | Assets (in crores) | Revenue (in crores) | Profit After Tax (in crores) | Net Worth (in crores) | Reserves and Surplus (in crores) | Total Borrowing (in crores) |
|---|---|---|---|---|---|---|
| 31 Dec 2023 | 1,171.01 | 557.86 | 14.34 | 428.19 | 380.23 | 407.14 |
| 31 Mar 2023 | 966.26 | 614.32 | 12.97 | 413.70 | 408.17 | 352.62 |
| 31 Mar 2022 | 845.40 | 470.84 | 8.20 | 401.37 | 395.85 | 285.36 |
| 31 Mar 2021 | 835.88 | 513.03 | 14.21 | 448.50 | 432.81 | 257.17 |
KPI of DEE Development Engineers Limited
| Particulars | Dec 31, 2023 (₹ crore) | Fiscal 2023 (₹ crore) | Fiscal 2022 (₹ crore) | Fiscal 2021 (₹ crore) |
|---|---|---|---|---|
| EBITDA | 67.94 | 69.18 | 64.61 | 53.68 |
| EBITDA Margin (%) | 12.45% | 11.62% | 14.02% | 10.84% |
| Restated Profit Before Tax | 19.03 | 20.37 | 13.29 | 8.95 |
| Restated Profit for the period/year | 14.34 | 12.97 | 8.20 | 14.21 |
| Restated Profit after tax Margin (%) | 2.63% | 2.18% | 1.78% | 2.87% |
| ROCE (%) | 3.91%* | 3.91% | 3.99% | 2.47% |
| RONW (%) | 3.35%* | 3.14% | 2.04% | 3.17% |
| Net Debt | 371.06 | 319.83 | 260.09 | 224.68 |
| Net Debt to Total Equity | 0.85 | 0.75 | 0.63 | 0.49 |
| Order Book | 828.70 | 563.35 | 434.57 | 335.68 |
Peer Group Of DEE Development Engineers Limited
- ISGEC Heavy Engineering 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 Development Engineers Limited IPO Lead Manager
- SBI Capital Markets Limited
- Equirus Capital Private Limited
DEE Development Engineers Limited Contact
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 Prospectus
DEE Piping Systems IPO Application Form PDF
To download the DEE Piping Systems IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs
What is DEE Piping Systems IPO?
DEE Piping Systems IPO refers to the Initial Public Offering (IPO) of DEE Development Engineers Limited, a company specializing in tailored process piping solutions for various industries.
Where can I find the DEE Piping Systems IPO prospectus and application form?
The DEE Piping Systems IPO prospectus, DRHP (Draft Red Herring Prospectus), RHP (Red Herring Prospectus), and application form can be found on their official website or through authorized channels.
