Exchanges
BSE, NSE
Industry
Industrial Products
Issue
Book building

DEE Development Engineers IPO

₹335.32

+65.18% on listing

Listing-day close · NSE · 26 Jun 2024 · issue price ₹203

DEE Development Engineers’ ₹418 crore IPO was priced at ₹203 a share. It listed on the NSE on 26 Jun 2024 and closed its first day at ₹335.32, up 65.18% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹418 Cr
Fresh issue
₹325 Cr
Offer for sale
₹92.99 Cr
Lot size
73 shares
Minimum investment
₹14,819
Face value
₹10
Registrar
MUFG Intime India

Subscription

DEE Development Engineers IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—72.53×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,402 Cr
P/E (post-issue)
73.3
EPS (post-issue)
₹2.77
Price to book
2.5
ROCE
3.91%
Debt to equity
0.85
PAT margin
2.63%
Promoter holding
100.00% → 70.17%

Financials as of 31 Dec 2023, from the offer documents.

Listing

Listing date
26 Jun 2024
Issue price
₹203
Open
₹339.00
High
₹365.70
Low
₹310.00
Close
₹335.32

Listing day on the NSE. The close was +65.18% on the issue price.

DEE DEVELOPMENT ENGINEERS LIMI share price today

FAQs

When did the DEE Development Engineers IPO open and close?

It opened on 19 Jun 2024 and closed on 21 Jun 2024.

What was the DEE Development Engineers IPO price?

The price band was ₹193–203 a share. The final issue price was ₹203.

What is the lot size and minimum investment?

One lot is 73 shares, ₹14,819 at ₹203 a share. Retail investors apply in whole lots.

How much did DEE Development Engineers raise?

₹418 crore: ₹325 crore of new shares and ₹92.99 crore offered by existing shareholders.

How many times was the DEE Development Engineers IPO subscribed?

72.53 times overall.

How did DEE Development Engineers list?

It listed on the NSE on 26 Jun 2024 at ₹339.00 and closed the day at ₹335.32, up 65.18% on the ₹203 issue price.

Who is the registrar of the DEE Development Engineers IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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