DEE Piping Systems IPO

The DEE Piping Systems IPO is an exciting investment opportunity, hitting the market on June 19, 2024. This IPO aims to raise Rs. 418.01 crores, comprising a fresh issue and an offer for sale.

DEE Piping Systems IPO Details

The DEE Piping Systems IPO details are outlined below, providing essential information for prospective investors.

Particulars Details
IPO Open Date June 19, 2024
IPO Close Date June 21, 2024
IPO Size Rs. 418.01 Crores
Fresh Issue Rs. 325 Crores
Offer for Sale Rs. 93.01 Crores
Face Value Rs. 10 Per Equity Share
Price Band Rs. 193 to Rs. 203 Per Share
Listing On BSE & NSE

Checkout the List of Upcoming IPO.

About the Company

DEE Development Engineers Limited, commonly known as DEE Piping Systems, provides specialised process piping solutions for various industries, including oil and gas, power, and chemicals. With over three and a half decades of manufacturing experience, DEE has established itself as a leading provider of high-pressure piping systems, piping spools, and other customised components.

Detailed Services and Products

  • Piping Products: High-pressure piping systems, industrial pipe fittings, modular skids, and accessories.
  • Engineering Services: Pre-bid, basic, detailed, and support engineering.
  • Fabrication Services: Cutting, beveling, welding, and hydro testing.
  • Materials: Handles complex metals like carbon steel, stainless steel, and super duplex stainless steel.

Strategic Advantages

  • Technical Capabilities: Leading in technical capability for complex process piping.
  • Diverse Industry Applications: Serves multiple industrial segments with specialised solutions.
  • Advanced Manufacturing: Utilises semi-automatic and fully automatic robotic welding machines.


DEE Piping Systems Financial Highlights

The financial performance of DEE Piping Systems over recent years highlights their robust financial health.

Year Revenue Expense PAT
2021 Rs. 513 Crores Rs. 504 Crores Rs. 14.21 Crores
2022 Rs. 471 Crores Rs. 458 Crores Rs. 8.20 Crores
2023 Rs. 614 Crores Rs. 594 Crores Rs. 12.97 Crores
December 2023 Rs. 558 Crores Rs. 539 Crores Rs. 14.34 Crores

DEE Piping Systems Strengths & Weaknesses

Understanding the strengths and weaknesses of DEE Piping Systems is crucial for making informed investment decisions.

Strengths Weaknesses
Extensive industry experience High competition in the sector
Advanced technical capabilities Fluctuations in raw material prices
Strong financial performance Dependency on key industries
Diverse product range Exposure to economic cycles
Robust engineering and manufacturing Potential regulatory changes

How to apply in IPO via UPI on Dynami

A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App

How to apply for DEE Piping Systems IPO ?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for DEE Piping Systems IPO and approve the payment on your UPI ID.

Demat Account

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  • For new investor, we offer free demat account opening offer on our web & Dynami App ensuring a smooth and hassle-free experience for your initial investments.

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