By: Value Research
Published 18 June 2024
DEE Development Engineers offers customised piping solutions through specialised processes to industries like oil & gas, and chemicals.
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
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
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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