Dee Development  Engineer IPO

DEE Development Engineers Ltd is launching an IPO of INR 418.01 crores to fund working capital, repay borrowings, and address corporate needs.

Important Details

Open Date : June 19, 2024 Close Date : June 21, 2024 Allotment Date: June 24, 2024 Listing Date: June 26, 2024

Important Details

IPO Price: INR 193-203 per share Lot Size: 73 Shares Total Issue Size: INR 418.01 crore

Fundamental Analysis

Dee Development Engineer analysis shows mixed performance: 1. Revenue steadily increased but fell short in December 2023. 2. Profitability and EPS improved. 3. RoNW declined despite growing equity and liabilities.

Peer Comparison

DEE Development Engineers Limited: Revenue: ₹6,143.20 million, RoNW: 3.14%,EPS: ₹2.45. ISGEC Heavy Engineering Limited: Revenue: ₹64,117.13 million,RoNW: 8.96%,EPS: ₹26.72.


Dee Development Engineers Main objective: Funding working capital requirements and repaying borrowings.

Risks And Challenges

Dee Development Engineers Ltd risks: 1. High Quality standards challenges. 2. Industry reliance risks: supply disruptions, machinery issues. 3. Market fluctuations, regulatory challenges may impact demand and operations.