DEE Development Engineers IPO allotment – How to check allotment, IPO GMP, listing date and more

• DEE Development Engineers is expected to announce its share allotment status on Monday, June 24.
• The shares of DEE Development Engineers were subscribed 99.56 times.
• The shares are expected to be listed on the stock exchanges on June 18.

Haryana-based DEE Development Engineers, which provides specialised process piping solutions for oil and gas, chemicals, power and other process industries is expected to announce the allotment status of its initial public offering (IPO) on Monday, June 24.

The DEE Development Engineers IPO opened on June 19 and closed on June 21. The price band for the IPO was ₹193 to ₹203 per share.

DEE Development Engineers IPO subscription

On its last day, the DEE Development Engineers IPO was subscribed 99.56 times, receiving bids for 148.79 crore equity shares against 1.49 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 201.91 times, the non-institutional investor's portion was subscribed 144 times. The retail portion witnessed decent participation and was subscribed 23.42 times. The employee portion was subscribed 44.73 times.

DEE Development Engineers IPO Grey market premium

The shares of DEE Development Engineers are currently commanding a grey market premium (GMP) of ₹95 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check the DEE Development Engineers IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the DEE Development Engineers IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Select Company’ and then select ‘DEE Development Engineers’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on submit.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the DEE Development Engineers IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘DEE Development Engineers’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

DEE Development Engineers IPO listing date

The shares of DEE Development Engineers will be listed on the stock exchanges on June 26.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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