Other than new public offerings, the market will also witness 11 new listings next week. Last week, the public offerings of DEE Development Engineers and Akme Fintrade received a robust response from investors, with overall subscriptions reaching 99 times and 55 times, respectively. “With a strong domestic economy, a thriving […]
DEE Development Engineers IPO
The initial share sale received bids for 5,67,28,300 shares against 1,49,44,944 shares on offer, as per BSE data. The portion for NIIs received 8.06 times subscription while the category for retail investors got subscribed 4.04 times. The category for Qualified Institutional Buyers (QIBs) received 3% subscription. The employee portion has […]
The issue includes a fresh sale of 1.6 crore equity shares, valued at up to ₹325 crore, and an offer for sale of 0.46 crore shares, aggregating to ₹93.01 crore. The DEE Development Engineers IPO price band is set at ₹193 to ₹203 per share. Retail investors have the option […]
Dee Development Engineers IPO: The initial public offering of Dee Development Engineers Limited opened today. The public issue will remain open for bidders until 21st June 2024, which means the Dee Development Engineers IPO subscription will remain open from Wednesday to Friday this week. The engineering company has fixed Dee […]
DEE Development Engineers said on Tuesday that it has raised over ₹125 crore from anchor investors ahead of the launch of its initial public offering (IPO) on Wednesday, June 19. According to the exchange filing, the engineering company allocated 61,62,777 equity shares to anchor investors at the allocation price of […]