DEE Development Engineers to Stanley Lifestyles: ₹1087 crore at stake; GMP, other details of three upcoming IPOs
Upcoming IPOs this week: Three mainboard initial public offerings (IPOs) — DEE Development Engineers IPO, Stanley Lifestyles IPO, and Akme Fintrade India IPO — will hit the Indian primary market this week. Out of these three upcoming IPOs, DEE Development Engineers IPO will be the first to hit the Indian primary market this week. DEE Development Engineers IPO will open on 19th June 2024, Stanley Lifestyles IPO subscription will open on 21st June 2024, and bidding for Akme Fintrade India IPO will begin on 19th June 2024.
This means Akme Fintrade India IPO and DEE Development Engineers IPO will open on Wednesday, whereas Stanley Lifestyles IPO will open on Friday. DEE Development Engineers IPO aims to raise ₹418.01 crore, Akme Fintrade India's IPO size is ₹132 crore, whereas Stanley Lifestyles' IPO aims to generate ₹537.02 crore. So, around ₹1087 crore will be at stake in the Indian primary market this week due to these three upcoming mainboard IPOs.Here we list out full details regarding these upcoming IPOs:As mentioned above, DEE Development Engineers IPO will be opening on 19th June 2024 and will end on 21st June 2024.
The engineering company has fixed the DEE Development Engineers IPO price band at ₹193 to ₹203 per equity share. The price band is a range within which investors can bid for shares. The book build issue is a mix of fresh problems and offers for sale (OFS).
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