Dee Development IPO Allotment Status Online : Dee Development IPO is Open on June 19, 2024 and Close on June 21, 2024. Dee Development IPO to Raise 20,591,852 shares (Approx ₹418.01 Cr) via IPO. The Fresh Issue of 16,009,852 shares (Approx ₹325.00 Cr) and the Offer for Sale is 4,582,000 shares of ₹10 (Approx ₹93.01 Cr).
- The Retail Quota Is 35%
- QIB Is 50%
- HNI Is 15%.
Dee Development IPO Basis of Allotment Status on 24 June, 2024. Dee Development IPO Refund Date is 25 June 2024 andDee Development IPO Credit to Demat on 25 June 2024.
Also Read: Dee Development IPO Details Today, GMP Price, Date, Review
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ToggleDee Development IPO Allotment Link Online
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Moneymintidea | IPO Allotment Status Link |
About –
Dee Development 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. We have manufacturing experience of over three and a half decades and have been able to leverage our brand, strategically located manufacturing facilities and engineering capabilities to successfully expand our business.
As part of our specialized process piping solutions, we also manufacture and supply piping products such as high-pressure piping systems, piping spools, high frequency induction pipe bends, LSAW pipes, industrial pipe fittings, pressure vessels, industrial stacks, modular skids and accessories including, boiler superheater coils, de-super heaters and other customized manufactured components.
Our 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. we are the largest player in process piping solutions in India, in terms of installed capacity.
We provide comprehensive specialized process piping solutions including engineering services such as pre bid engineering, basic engineering, detailed engineering and support engineering which includes engineering of process/ power piping systems for projects, and pre-fabrication services such as cutting and beveling on conventional and CNC machines, welding services on 187 semi-automatic and fully automatic robotic welding machines, conventional and digital radiography, post weld heat treatment using CNG fired fully calibrated furnaces and induction heating process, hydro testing, pickling and passivation, grit blasting (manual and semiautomatic) and painting (manual and semiautomatic).
We also specialize in handling complex metals such as varying grades of carbon steel, stainless steel, super duplex stainless steel, alloy steel and other materials including inconel and hastelloy in our manufacturing processes. our products to domestic customers and our overseas customers in countries including USA, Europe, Japan, Canada, Middle East, Nigeria, Vietnam, Singapore, China and Taiwan.
our customers, including global companies such as JGC Corporation, Nooter Eriksen, MAN Energy Solutions SE, Mitsubishi Heavy Industries, and John Cockerill S.A, and Indian companies such as Reliance Industries Limited, Thermax Babcock & Wilcox Energy Solutions Limited India, HPCL–Mittal Energy Limited, Toshiba JSW Power Systems Private Limited, UOP India Private Limited, Doosan Power Systems India Private Limited and Andritz Technologies Private Limited.