DEE Development Engineers Ltd Back 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 Rs10 each ("Equity Shares") of Dee Development Engineers Limited ("The Company" or the "Issuer") for cash at a price of Rs203.00 per equity share ("Offer Price") aggregating to Rs418.01# crores (the "Offer"). The offer comprises of a fresh issue of 16,014,938*# equity shares by the company aggregating upto Rs325.00# 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 Rs93.01# 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 Rs1.00# 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 Rs19.00 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 Rs10 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 19-Jun-24 21-Jun-24 Rs203.00-0.00 Rs0.00-0.00 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 69.05   Issue Price Rs203.00

Projects

Funding working capital requirements of the company	General corporate purposes
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and its subsidiary DEE Piping Systems (Thailand) Co Ltd and DEE Fabricom India Pvt Ltd

Promoted By Krishan Lalit Bansal Ashima Bansal DDE Piping Components Pvt Ltd

Listing At BSE  NSE

Registrar to the Issue MUFG Intime India Pvt Ltd