DEE Development Engineers Ltd - Prospectus Synopsis

DEE Development Engineers Ltd

Registered Office : Unit 1 Prithla-Tatarpur Road , Village Tatarpur Dist. Palwal , Faridabad - 121102 , Haryana , India.

Phone : +91 1275 248345 Fax :

Email :secretarial@deepiping.com Website : www.deepiping.com

Initial public offering of 20,596,938*# equity shares of face value of Rs. 10 each (Equity Shares) of Dee Development Engineers Limited (The Company or the Issuer) for cash at a price of Rs. 203.00 per equity share (Offer Price) aggregating to Rs. 418.01# crores (the Offer). The offer comprises of a fresh issue of 16,014,938*# equity shares by the company aggregating upto Rs. 325.00# crores (the Fresh Issue) and an offer for sale of 45,82,000*# equity shares (the Offered Shares) by Krishan Lalit Bansal (Selling Shareholder) aggregating to Rs. 93.01# crores (the Offer for Sale). The offer shall constitute 29.83#% of the post-offer paid-up equity share capital of the company. This offer included a reservation of 54,347# equity shares (constituting 0.08%# of the post offer paid up equity share capital of the company) aggregating to Rs. 1.00# crores for subscription by eligible employees (as defined herein) (Employee Reservation Portion). The employee reservation portion did not exceed 5%# of the post-offer paid-up equity share capital. The offer less the employee reservation portion is referred to as the Net Offer. The company, in consultation with the book running lead managers, offered a discount of Rs. 19.00 per equity share to eligible employees bidding in the employee reservation portion (Employee Discount). The offer and the net offer constitutes 29.83%# and 29.75%#, respectively, of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the offer price is 20.30 times the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
6/19/2024 12:00:00 AM	6/21/2024 12:00:00 AM	Rs 203 - 0	Rs 0 - 0
Minimum Application for shares in Nos : 73 Further Multiples of : 73

	Rs Cr	Lead Managers to the Issue
Project Cost	297.13	Equirus Capital Pvt Ltd
Project Financed through Current Offer	418.01
Post Issue Equity Share Capital	297.13
Issue Price	Rs. 203

Projects
Funding working capital requirements of the company

Promoted By

Listing At

Registrar to the Issue

Ashima Bansal

DDE Piping Components Pvt Ltd

Krishan Lalit Bansal

Link Intime India Pvt Ltd

ATTENTION INVESTORS

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Risk Disclosure on Derivatives

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On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

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