The DEE Piping Systems has begun on 19-June-2024. It will close on 21-June-2024. The Total IPO Size is 418.01 Crore. The company set its IPO price is 193-203 Rs Per Share.
DEE Piping Systems IPO Subscription is divided into three categories 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.
DEE Piping Systems are 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 also manufacture and supply piping products such as high-pressure piping systems, piping spools, high frequency induction pipe bends, LSAW pipes, industrialpipe fittings, pressure vessels, industrial stacks, modular skids and accessories including, boiler superheater coils, de-super heaters and other customized manufactured components.
The 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 requirement arising from multiple industrial segments.
They have six strategically located Manufacturing Facilities at Palwal in Haryana, Anjar in Gujarat, Barmer in Rajasthan and Bangkok in Thailand, with three Manufacturing Facilities located at Palwal, Haryana.
Name of the selling shareholder
Krishan Lalit Bansal are the Selling Shareholder of the company.
Name of Promoters
Krishan Lalit Bansal, Ashima Bansal and DDE Piping Components Private Limited are the Promoters of the company.
DEE Piping Systems IPO Date, Details & Price Band
The DEE Piping Systems IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 19-June-2024 |
| IPO Closing Dates | 21-June-2024 |
| Price Band | 193-203 Rs |
| Fresh Issue | 325.00 Crore |
| Offer for sale | 93.01 Crore |
| Total IPO size | 418.01 Crore |
| Minimum bid (lot size) | 73 Shares |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 35% |
| Retail Allocation | 15% |
| Listing On | NSE, BSE |
DEE Piping Systems IPO Market Lot
The DEE Piping Systems IPO minimum market lot is 73 shares With 14,819 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 73 | 14,819 ₹ |
| Retail Maximum | 13 | 949 | 192,647 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit/loss After Tax | |
| 31-Dec-23 | 1,171.01 | 557.86 | 14.34 |
| 31-Mar-23 | 966.26 | 614.32 | 12.97 |
| 31-Mar-22 | 845.40 | 470.84 | 8.20 |
| 31-Mar-21 | 835.88 | 513.03 | 14.21 |
DEE Piping Systems IPO GMP & Grey Market Premium
DEE Piping Systems IPO GMP Grey market premium has been started today. Check Latest DEE Piping Systems IPO GMP, Kostak Rates and Subject to Sauda Price here.
DEE Piping Systems IPO Prospectus
DEE Piping Systems IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download DEE Piping Systems IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
DEE Piping Systems IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
DEE Piping Systems IPO Form Download
DEE Piping Systems IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download DEE Piping Systems IPO forms.
DEE Piping Systems IPO Allotment Date & Details
| Allotment Date | 24-June-2024 |
| Initiation of refunds | 25-June-2024 |
| Transfer of shares to Demat accounts | 25-June-2024 |
| Listing Date | 26-June-2024 |
| Check Allotment Status | Click here |
Registrar of DEE Piping Systems
Link Intime India Private Limited
C 101, 1stFloor, 247 ParkLal Bahadur Shastri Marg,
Vikhroli (West)Maharashtra, India400083
Tel:+91-8108114949
E-mail:[email protected]
Website:www.linkintime.co.in
Investor grievance e-mail:[email protected]
Contact person:Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
DEE Piping Systems Contact Details
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 Lead Managers
Equirus Capital Private Limited
SBI Capital Markets Limited