Issue Price
₹193- ₹203
per equity share
Issue Size
1.49 crores
equity share
Face Value
₹
per equity share
Market Lot
73
equity share
Please note
Listing at BSE ,NSE
DEE DEVELOPMENT ENGINEERS LIMITED
Important Dates
IPO Open Date
19 Jun 2024
IPO Close Date
21 Jun 2024
Allotment Date
24 Jun 2024
Initiation of Refunds
25 Jun 2024
Credit of Shares to Demat Account
25 Jun 2024
IPO Listing Date
26 Jun 2024
UPI Mandate Expiry Date
21 Jun 2024
IPO Details
DEE Piping Systems IPO is open for subscription starting Wednesday, June 19, 2024, and closing on Friday, June 21, 2024. The price is decided at Rs 193 to Rs 203 per share. The minimum lot size for the retail category is 73 shares. The minimum lot size for small NII is 14 lots consisting of 1,022 shares. Meanwhile, the minimum lot for big non-institutional investors is 68 lots with 4,964 shares. The minimum investment required for retail category investors is Rs 14,819 ( 203 x 73 shares). However, for small non-institutional investors, the minimum investment amount required is Rs 2,07,466 (203 x 1,022 shares); for big non-institutional investors, it is Rs 10,07,692 (203 x 4,964 shares). DEE Piping Systems IPO is a book-built issue of Rs 418.01 crores. This Issue is a combination of fresh Issue and offer-for-sale. The fresh Issue is of 1.6 crore equity shares amounting to Rs 325 crores and OFS is of 0.46 crore equity shares amounting to Rs 93.01 crores. The allotment for this IPO is expected to be finalised on Monday, June 24, 2024. DEE Piping Systems IPO will be listed on both BSE and NSE, and the listing date is fixed on Wednesday, June 26, 2024.The book-running lead managers of DEE Piping Systems are SBI Capital Markets Limited and Equirus Capital Private Limited. The registrar for this new IPO is Link Intime India Private Limited.Don't let another opportunity slip away. Check your IPO status now!
Check Allotment StatusAbout DEE DEVELOPMENT ENGINEERS LIMITED
Parent Organisation
-
Founded
1988
Managing Director
Krishan Lalit Bansal
IPO Objectives
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
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