DEE Development IPO Opens June 19

DEE Development Engineers, headquartered in Haryana, unveils its 418 crore IPO with a price band of 193-203 per share, opening for subscription on June 19 till June 21. The offering comprises a fresh issue of 325 crore and an offer for sale of 93....

By ET Bureau | Jun 13, 2024, 07.52 AM IST

Haryana-based DEE Development Engineers has set the price band of its `418- crore initial public offering (IPO) at `193-203. The issue will open for subscription on June 19 and close on June 21. Investors can subscribe for a minimum of 73 equity shares and its multiples thereafter. The offer consists of a fresh issue of `325 crore and an offer for sale of `93.01 crore by existing shareholders.

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