DEE Development Engineers IPO: Quick review and analysis

By: Value Research

Published 18 June 2024

About the company

DEE Development Engineers offers customised piping solutions through specialised processes to industries like oil & gas, and chemicals. 

IPO details

Total IPO size (Rs cr) 418   Offer for sale (Rs cr) 93   Fresh issue (Rs cr) 325   Price band (Rs) 193-203   Subscription dates June   19-21, 2024   Purpose of issue Working   capital requirements and debt repayment

Post IPO

M-cap (Rs cr) 1402   Net worth (Rs cr) 753   Promoter holding (%) 70.2   Price-to-earnings ratio (P/E) 108.1   Price-to-book ratio (P/B) 1.9

Read a more detailed analysis

Is the IPO priced reasonably? Are its loan books healthy? Can it scale up? What’s the management’s record? What do key ratios reveal?

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