DEE Piping Systems (DEE Development) IPO Date, Review, Price, Allotment Details

DEE Development Engineers Limited is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals, and other process industries through engineering, procurement, and manufacturing. They have manufacturing experience of over three and a half decades and have been able to leverage their brand, strategically located manufacturing facilities, and engineering capabilities to successfully expand their business.

As part of their specialized process piping solutions, they also manufacture and supply piping products such as high-pressure piping systems, piping spools, high-frequency induction pipe bends, Longitudinally Submerged Arc Welding pipes, industrial pipe fittings, pressure vessels, industrial stacks, modular skids and accessories including, boiler superheater coils, de-super heaters, and other customized manufactured components. Their Company currently is ranked as one of the leading process pipe solution providers in the world, in terms of technical capability to address complex process piping requirements arising from multiple industrial segments.

They provide comprehensive specialized process piping solutions including engineering services such as pre-bid engineering, basic engineering, detailed engineering, and support engineering which includes the engineering of process/ power piping systems for projects, and pre-fabrication services such as cutting and beveling on conventional and CNC machines, welding services on semi-automatic and fully automatic robotic welding machines, conventional and digital radiography, post weld heat treatment using CNG fired fully calibrated furnaces and induction heating process, hydro testing, pickling and passivation, grit blasting (manual and semiautomatic) and painting (manual and semiautomatic). They also specialize in handling complex metals such as varying grades of carbon steel, stainless steel, super duplex stainless steel, alloy steel, and other materials including Inconel and Hastelloy in their manufacturing processes.

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 the Company
• General corporate purposes

DEE Piping Systems IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Marwadi Shares and Finance: Apply
• Reliance Securities: Apply
• Swastika Investmart: Apply

DEE Piping Systems (DEE Development) IPO Date & Price Band Details

DEE Piping Systems IPO Market Lot

The DEE Piping Systems IPO minimum market lot is 73 shares with ₹14,819 application amount. The retail investors can apply up-to 13 lots with 949 shares or ₹192,647 amount.

DEE Piping Systems IPO Allotment & Listing Dates

The DEE Piping Systems IPO date is June 19, 2024 and the close date is June 21, 2024. The DEE Piping Systems IPO allotment will be finalized on June 24, 2024 and the IPO listing on June 26, 2024.

You can check IPO subscription status and IPO allotment status on their respective pages.

DEE Piping Systems IPO Form

How to apply for the DEE Piping Systems IPO? You can apply for DEE Piping Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the DEE Piping Systems IPO in the Invest section. The other option is you can apply for DEE Piping Systems IPO via IPO forms downloaded via NSE and BSE. Check out the DEE Piping Systems forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

DEE Piping Systems Company Financial Report

DEE Piping Systems IPO Valuation – FY2023

Check DEE Piping Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• ISGEC Heavy Engineering Limited

Company Promoters

• Krishan Lalit Bansal
• Ashima Bansal
• DDE Piping Components Private Limited

DEE Piping Systems IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html

DEE Piping Systems IPO Allotment Status Check

Check DEE Piping Systems IPO allotment status on Linkintime website allotment URL. Click Here

DEE Piping Systems IPO Lead Managers aka Merchant Bankers

• SBI Capital Markets Limited
• Equirus Capital Private Limited

Company Address

DEE Development Engineers Limited
Unit 1, Prithla-Tatarpur Road,
Village Tatarpur,
Dist. Palwal, Faridabad- 121102,
Phone: +91 1275 248345
Email: [email protected]
Website: https://www.deepiping.com/

DEE Piping Systems IPO FAQs