31 Mar 2021
Assets835.88
Total Income513.03
Profit After Tax14.21
NET Worth448.50
Reserves and Surplus432.81
Total Borrowing257.17
At a glance
Updated 2026-08-24The shares listed at ₹339.00, a 67.00% move from the issue price. DEE Development Engineers is a Mainboard IPO with an issue size of ₹418.01 crore, proposed for listing on BSE, NSE. The offer opens on 19th Jun 2024 and closes on 21st Jun 2024. The issue structure includes a fresh issue of ₹325.02 crore and an offer-for-sale component of ₹92.99 crore. The current listing schedule points to 26th Jun 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹418.01 Cr
Fresh issue₹325.02 Cr
Offer for sale₹92.99 Cr
Face value₹10
Price band₹193.00–₹203.00
Allotment24th Jun 2024
Listing26th Jun 2024
Listing performance
Full performance ↗Issue price₹203.00
Listing price₹339.00
Current price—
Listing gain67.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹90.00
GMP / upper price44.33%
Est. listing₹293.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens19th Jun 2024
Closes21st Jun 2024
Allotment24th Jun 2024
Refund25th Jun 2024
Demat25th Jun 2024
Listing26th Jun 2024
Subscription demand
Full bidding ↗Total103.03×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 73 | ₹14,819 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding working capital requirements of our Company | ₹75.00 Cr |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company | ₹175.00 Cr |
| General corporate purposes | ₹47.13 Cr |
Financials
Full financials ↗31 Mar 2022
Assets845.40
Total Income470.84
Profit After Tax8.20
NET Worth401.37
Reserves and Surplus395.85
Total Borrowing285.36
31 Mar 2023
Assets966.26
Total Income614.32
Profit After Tax12.97
NET Worth413.70
Reserves and Surplus408.17
Total Borrowing352.62
31 Dec 2023
Assets1,171.01
Total Income557.86
Profit After Tax14.34
NET Worth428.19
Reserves and Surplus380.23
Total Borrowing407.14
Trend chart₹ crore
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROCE | 3.91% |
| Debt / Equity | 0.85% |
| RoNW | 3.35% |
| PAT Margin | 2.63% |
| Price to Book Value | 2.46 |
Valuation & shareholding
Pre-IPO EPS2.45
Post-IPO EPS2.77
Pre-IPO P/E83
Post-IPO P/E73.33
Promoter holding pre100.00%
Promoter holding post70.17%
Market cap₹1401.69 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission) | ₹13.57 Cr |
| Commission/ processing fee for SCSBs and Bankers to the Offer and fees payable to the Sponsor Bank(s) for Bids made by UPI Bidders. Brokerage, selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDP | ₹1.54 Cr |
| Fees payable to the Registrar to the Offer | ₹0.35 Cr |
| Listing fees, SEBI filing fees, upload fees, Stock Exchanges processing fees, book building software fees and other regulatory expenses | ₹4.51 Cr |
| Printing and stationery expenses | ₹0.70 Cr |
| Advertising and marketing expenses | ₹3.28 Cr |
| Fees payable to legal counsels | ₹4.28 Cr |
| Miscellaneous (comprising fees payable to additional intermediaries, Statutory Auditor, chartered accountant(s), company secretary, Industry Expert, insurance, VDR Agency, Bank charges, Stamp Duty, Listing ceremony | ₹7.61 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- SBI Capital Markets Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.