DEE Development Engineers IPO, Subscribe or not ?

By

DEE Development Engineers IPO

DEE Development Engineers Piping Solution planning to raise a total of 418 Crore via IPO. IPO Open to subscribe june 19 2024 to 20 june 2024.
DEE Development Engineers Piping Solution planning to raise a total of 418 Crore via IPO. IPO Open to subscribe june 19 2024 to 20 june 2024


The company DEE development piping solution Initial public offering budding start from Wednesday 19 June to Friday 21 June. The company start selling their share on fixed price at 193-203. Investor can apply minimum 73 equity share and multiply thereafter.

IPO Details

Share price will at 193-203
Company interested to raise 418 Crs Via the IPO of which 325 Crs is Issue for the purpose of:
  • Repayment of Borrowings
  • Funding working capital requirements
  • General corporate purposes

About Company

DEE Development engineers are provided specific process of piping for industries like oil, gas, Power, chemical, nuclear etc 

Company Businesses 

The main business of DEE development engineers are providing piping solutions for industries use purpose in different different field. Likes Pipe welding, vessel, Oil supply Pipe, arc welding pipe solution, and piping equipment, accessories like boiler equipment, heater, modular etc 
The company DEE development engineers is leading capability on global level in various technology. this the largest player in the piping process segment in india. 

Manufacturing & Production Units

DEE development engineers has 7 manufacturing and production unit in Gujrat, Pawal, Haryana, Anjor, Bermer, Numaligarh, Bangkok, Asam, Thailand, With three unit In Haryana, Pawal.


Disclaimer: - 

The Stockfinance Provides Stock market news for knowledge & information purpose only and should not recommended, and not advise to investment. Readers do your own research OR take advice to SEBI register qualified financial advisor before making any investment decisions.

Comments

Post a Comment

Popular posts from this blog

Vodafone sell Indus Towers stake worth $2.3 billion via block deals : Report, Big moments in stock price!

By
Image
Vodafone sell Indus Towers stake worth $2.3 billion via block deals : Report, Big moments in stock price! Vodafone's 21.5% stake in indus tower worth $2.3 billion. Vodafone to sell entire stake worth $2.3 billion in mobile tower operator indus tower could be this via block deal in next week ! Reports on 14 June The report also said that the deal is less than the entire stake that is held by company in case their demand is not satisfactory or weak. Resion of this deal ! Everyone knows that this time is very fast internet connectivity all over the world not even in India. That's for Vodafone idea wants to 5G rollout and 4G plans for it company looking to raise our corpus. Who will manage this deal! For manage this block deal Vodafone has hired bank of America, Morgan Stanley and BNP Paribas to manage the stake and sell in Indian stock market, By report  Effect on Stock price! We can see in chart of Vodafone on 14 June after this report in stock price of Vodafone idea shown 4.5 % ...
Read more

Vedanta share, Vedanta share price

By
Image
Vedanta share, Vedanta Stock Price :- Vedanta stock price which fell to 52 week low of 207 on 28 September 2023, today 18 June 2024 Friday its ended at 453. Vedanta stock price rising 118% during in this periods. Vedanta stock of metal and mining have more than double in 9 months periods from their 52 week low. The stock fell down 52 week low on September 2023 at price of 207 and now its trading on the price of 453 June 2024 after 9 months Approx. 118 % gain. If we are notice their last one and half year stock price track record it gain 60 % in last one year and in 2024 it rise 73 % its amazing move. Technical Analysis In term of technical moving average point of view stock price of Vedanta are traded above 5days, 10days, 20days, 50days, 100days and 200 days moving average. In term of technical Relative Strength Index (RSI ) Vedanta Stock price Stand at 54,3 its clear signal the stock is trading neither in overbought not in the oversold condition. Analysts thought on Vedanta share. S...
Read more