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DEE Development Engineers IPO Gains Mixed Interest on Day 1 with 2.51x Total Subscription

DEE Development Engineers IPO Day 1 saw uneven interest with QIBs at 0.02x, Employees at 7.04x, NIIs at 5.29x, and RIIs at 2.67x, culminating in a total of 2.51x.
DEE Development Engineers IPO Gains Mixed Interest on Day 1 with 2.51x Total Subscription

DEE Development Engineers IPO on Day 1 received varying levels of interest from different groups. QIBs showed minimal interest at 0.02 times, while Employees were the highest at 7.04 times. NII subscribed 5.29 times, RIIs at 2.67 times, leading to a total of 2.51 times. 

How To Check DEE Development Engineers Limited IPO Subscription Status?

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the DEE Development Engineers Ltd IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

DEE Development Engineers IPO Allotment Status

The allotment date for the DEE Development Engineers IPO is set for June 24, 2024, with shares priced at a range of ₹193 to ₹203 per share and a face value of ₹10. The offering consists of lots of 73 shares, with bids accepted for these lots or their multiples.

DEE Development Engineers IPO Limited IPO Listing Date 

DEE Development Engineers IPO is expected to be listed on the NSE SME on June 26, 2024.

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