Dee Development Engineers to finalise share allotment tomorrow. Check status, GMP, listing date and other details
Dee Development Engineers is likely to finalise the share allotment on Monday. The issue was booked nearly 100 times at close on strong interest from non-institutional and institutional buyers. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website.
Firstly, here's how you can know the status on BSE
Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)
Step 2: Please select the issue name, that is the company's name in the drop down.
Step 3: Enter the application number or PAN number to check the allotment status.
To check the status of Dee Development Engineers IPO allotment through the registrar, which is Link Intime India in this case, kindly follow the below steps.
Step 1: Visit the Link Intime India website (https://linkintime.co.in/initial_offer/public-issues.html)
Step 2: Select Dee Development Engineers IPO
Step 3: Enter the PAN details and click search to know the status
Dee Development Engineers GMP
In the unlisted market, the company's shares are trading with a premium of Rs 95. This compares with an IPO price of 203, indicating a gain of 47% on listing day, which is fixed as June 26.
Also Read: IPO Calendar: Primary market to see 9 new issues and 11 listings next week in post-election boom
The net proceeds from the fresh issue will be used towards funding working capital requirements, repayment of debt, and other general corporate purposes.
Dee Development Engineers is an engineering company providing
