DEE Development Engineers IPO: 10 key risks you should know about before investing
₹418 crore initial public offering (IPO) of DEE Development Engineers opened for subscription on Wednesday, June 19, and will remain open until Friday, June 21. The issue includes a fresh sale of 1.6 crore equity shares, valued at up to ₹325 crore, and an offer for sale of 0.46 crore shares, aggregating to ₹93.01 crore.The DEE Development Engineers IPO price band is set at ₹193 to ₹203 per share.
Retail investors have the option to bid for a minimum of 73 shares, constituting a single lot, and can bid for a maximum of 13 lots. The minimum investment required by retail investors would be ₹14,819.Also Read: Dee Development Engineers IPO: GMP, review, other details.
Apply or not?As of June 19, 2024, 12 p.m. (Day 1), the DEE Development Engineers IPO garnered a subscription rate of 0.78 times.
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