DEE Piping Systems IPO Date, Price, GMP, Review, Details

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.

DEE Piping Systems IPO Documents Download
DRHP Download
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Anchor Investor List Download

DEE Piping Systems IPO Reviews

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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
E-mail:[email protected]
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]

DEE Piping Systems IPO Lead Managers

Equirus Capital Private Limited
SBI Capital Markets Limited