DEE DEVELOPMENT ENGINEERS IPO UPDATE
![DEE Development Engineers makes a robust debut. What should investors do?](https://img.etimg.com/thumb/msid-111288500,width-100,height-75,resizemode-4/markets/stocks/news/dee-development-engineers-makes-a-robust-debut-what-should-investors-do.jpg)
DEE Development Engineers makes a robust debut. What should investors do?
Analysts attribute DEE Development's impressive debut to its robust competitive position, well-established client base, diverse range of products, strong order book, and consistent financial performance.
![DEE Development Engineers stock debuts with 67% premium over IPO price](https://img.etimg.com/thumb/msid-111221257,width-100,height-75,resizemode-4/markets/stocks/news/dee-development-engineers-stock-debuts-with-67-premium-over-ipo-price.jpg)
DEE Development Engineers stock debuts with 67% premium over IPO price
DEE Development Engineers, specializing in process piping solutions, listed with a 67% premium. The company, with over three decades of manufacturing experience, offers a range of high-quality piping products and is supported by prominent book running lead managers SBI Capital Markets and Equirus Capital.
![DEE Development Engineers GMP: Will there be a listing pop at the bourses tomorrow?](https://img.etimg.com/thumb/msid-111254920,width-100,height-75,resizemode-4/markets/ipos/fpos/dee-development-engineers-gmp-will-there-be-a-listing-pop-at-the-bourses-tomorrow.jpg)
DEE Development Engineers GMP: Will there be a listing pop at the bourses tomorrow?
DEE Development Engineers, specializing in process piping solutions, is set to list with a 47% premium. The IPO saw strong demand, especially from QIB investors.
![Dee Development Engineers to finalise share allotment tomorrow. Check status, GMP, listing date and other details](https://img.etimg.com/thumb/msid-111203091,width-100,height-75,resizemode-4/markets/stocks/news/dee-development-engineers-to-finalise-share-allotment-tomorrow-check-status-gmp-listing-date-and-other-details.jpg)
Dee Development Engineers to finalise share allotment tomorrow. Check status, GMP, listing date and other details
The net proceeds from the fresh issue will be used towards funding working capital requirements, repayment of debt, and other general corporate purposes
![IPO Calendar: Primary market to see 9 new issues and 11 listings next week in post-election boom](https://img.etimg.com/thumb/msid-111183890,width-100,height-75,resizemode-4/markets/ipos/fpos/ipo-calendar-primary-market-to-see-9-new-issues-and-11-listings-next-week-in-post-election-boom.jpg)
IPO Calendar: Primary market to see 9 new issues and 11 listings next week in post-election boom
Alongside new IPOs, 11 companies will be listed on the stock market, including Stanley Lifestyles, DEE Development Engineers, and Akme Fintrade. Both DEE Development Engineers and Akme Fintrade's public offerings were oversubscribed, indicating strong investor interest.
![DEE Development Engineers IPO gets subscribed 99.56 times](https://img.etimg.com/thumb/msid-111173913,width-100,height-75,resizemode-4/markets/ipos/fpos/dee-development-engineers-ipo-gets-subscribed-99-56-times.jpg)
DEE Development Engineers IPO gets subscribed 99.56 times
The portion for qualified institutional buyers received a whopping 201.91 times subscriptions while the category for non-institutional investors got subscribed 144 times. The part for retail individual investors (RIIs) received 23.42 times subscriptions.
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DEE Development Engineers IPO sails through on Day 1 on robust retail, NII demand
The net proceeds from the DEE Development Engineers IPO will be used towards funding working capital requirements, debt repayment, and other general corporate purposes. Analysts suggested investors to subscribe to the IPO as the company is the largest player in process piping solutions in India, in terms of installed capacity. Further, the issue is available at a reasonable valuation considering the future growth potential.
Akme Fintrade IPO Day 1: Issue fully subscribed on strong retail, NII demand
Akme Fintrade India's IPO was completely subscribed shortly after opening on Wednesday, fueled by enthusiastic participation from retail and NII investors. The offering concludes on June 21st.
GEM Enviro Management IPO opens today: Check issue size, price band, GMP and other details
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Akme Fintrade IPO opens. Should you subscribe to the issue?
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Dee Development Engineers IPO opens for subscription: Should you bid?
Analysts advised investors to subscribe to Dee Development Engineers IPO as the company emerged as the largest player in process piping solutions in India, in terms of installed capacity. Further, the issue is available at a reasonable valuation considering the future growth potential. SBI Capital Markets and Equirus Capital are the book-running lead managers to the issue.
Akme Fintrade IPO: 10 things to know before subscribing to the issue
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Ixigo shares jump 20% after a robust debut at the bourses. Should you hold or book profits?
The impressive listing performance of Le Travenues Technology indicates the overwhelming investor response during the IPO, which saw a subscription rate of 98 times. Net proceeds from the offer are supposed to be utilised for funding working capital requirements, investments in tech, funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes.
DEE Development Engineers IPO to open tomorrow. 10 things to know before subscribing
DEE Development Engineers IPO to open on June 19, aiming to raise Rs 418 crore with a price band of Rs 193-203 per share. The company targets working capital, debt repayment, and corporate purposes, managed by SBI Capital Markets and Equirus Capital, listing expected on June 26.
Wait for DEE Development's financial show post listing for stock exposure
The company had outstanding orders of ₹828 crore as of December 2023, up 47% from FY23, driven by a strategic shift towards the oil and gas sector and pricing advantages over rivals. This resulted in a bid-to-win ratio of 46-81% over the last four years.
IPO Calendar: 8 issues set to ignite primary market in post-election surge next week
In the mainboard segment, the public offers of Dee Development Engineers and Akme Fintrade will kick-off from June 19, while that of Stanley Lifestyles will be launched on June 21.
DEE Development IPO Opens June 19
DEE Development Engineers, headquartered in Haryana, unveils its 418 crore IPO with a price band of 193-203 per share, opening for subscription on June 19 till June 21. The offering comprises a fresh issue of 325 crore and an offer for sale of 93.01 crore by existing shareholders, allowing investors to subscribe for a minimum of 73 equity shares.
DEE Development Engineers IPO to open on June 19; price band announced
DEE Development Engineers filed a draft prospectus with the Securities and Exchange Board of India (SEBI) in September of last year and received approval in February of this year. The IPO is priced in the range of Rs 193-203 per share, with a minimum bid lot of 73 shares. Investors can bid for shares in multiples of the lot size.
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Dee Development Engineers, Capital SFB and CJ Darcl Logistics file draft papers to launch IPOs
Dee Development Engineers is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals and other process industries
Heating equipment company JNK India, pencil maker Doms Industries file draft papers with Sebi for IPOs
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