DEE Development Engineers IPO Subscription Details

Bookbuilding IPO | ₹418 Cr | Listed at BSE, NSE | Wed, Jun 19, 2024 - Fri, Jun 21, 2024

Basis of Allotment - DEE Development Engineers IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)41,08,51861,62,7771,02,71,29510,27,12920,54,26030,81,38971,89,90754,3472,05,96,938
Allotment price (Rs.)203203203203203203203184203
No.of applications127191461,15,91364,9501,80,86319,92,63131921,73,959
No.of shares applied85,37,43,54177,60,48486,15,04,02512,30,46,39133,02,30,61145,32,77,00217,89,70,0851,06,2151,49,38,57,327
Amount collected (Rs.cr.)17,330.99 157.54 17,488.53 2,497.84 6,703.68 9,201.52 3,633.09 1.95 30,317.81
No.of times subscribed207.801.2683.87119.80160.75147.1024.891.9572.53
No.of shares allotted41,08,51861,62,7771,02,71,29510,27,12920,54,26030,81,38971,89,90754,3472,05,96,938
Amount (Rs.cr.)83.40 125.10 208.51 20.85 41.70 62.55 145.96 1.00 418.01
No.of allottees127191461,0052,0103,01598,4912651,01,917

IPO Shares Offered

DEE Development Engineers IPO is a public issue of 2.06 Cr equity shares. The issue offers 0.72 Cr shares to retail investors, 1.03 Cr shares to qualified institutional buyers, and 0.31 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,02,71,295208.51 49.87%
    Anchor 61,62,777 125.10 29.92%
    QIB (Ex Anchor) 41,08,518 83.40 19.95%
NII 30,81,38962.55 14.96%
    bNII (> ₹10L)20,54,26041.70 9.97%
    sNII (< ₹10L)10,27,12920.85 4.99%
Retail71,89,907145.96 34.91%
Employee54,3471.10 0.26%
Total2,05,96,938418.12 100%

DEE Development Engineers IPO Anchor Investor Allocation

A total of 61,62,777 shares at a price of Rs 203 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 18, 2024
Anchor investor price₹203.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days30,81,389
No. of shares locked-in for 90 days30,81,389
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HDFC DEFENCE FUND HDFC MUTUAL FUND 7,38,979 15.00 11.99 3.59
2 KOTAK MANUFACTURE IN INDIA FUND KOTAK MAHINDRA MUTUAL FUND 7,38,979 15.00 11.99 3.59
3 ADITYA BIRLA SUN LIFE INFRASTRUCTURE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 96,360 1.96 1.56 0.47
4 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 4,81,946 9.78 7.82 2.34
5 ADITYA BIRLA SUN LIFE MANUFACTURING EQUITY FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,60,673 3.26 2.61 0.78
6 LIC MF LARGE & MID CAP FUND LIC MUTUAL FUND 1,99,144 4.04 3.23 0.97
7 LIC MF INFRASTRUCTURE FUND LIC MUTUAL FUND 91,980 1.87 1.49 0.45
8 LIC MF FLEXI CAP FUND LIC MUTUAL FUND 76,504 1.55 1.24 0.37
9 LIC MF MULTI CAP FUND LIC MUTUAL FUND 76,645 1.56 1.24 0.37
10 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 6,16,777 12.52 10.01 2.99
11 OPTIMIX WHOLESALE GLOBAL EMERGING MARKETS SHARE TRUST OPTIMIX 4,92,677 10.00 7.99 2.39
12 NATIXIS INTERNATIONAL FUNDS (LUX) I-LOOMIS SAYLES GLOBAL EMERGING MARKETS EQUITY FUND NATIXIS 4,44,272 9.02 7.21 2.16
13 TROO CAPITAL LTD. TROO CAPITAL 4,44,272 9.02 7.21 2.16
14 SBI GENERAL INSURANCE CO.LTD. SBI GENERAL INSURANCE 2,71,694 5.52 4.41 1.32
15 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 2,46,375 5.00 4.00 1.20
16 BNP PARIBAS FINANCIAL MARKETS BNP PARIBAS 2,46,375 5.00 4.00 1.20
17 MORGAN STANLEY ASIA (SINGAPORE) PTE.-ODI MORGAN STANLEY 2,46,375 5.00 4.00 1.20
18 SOCIETE GENERALE-ODI SOCIETE GENERAL 2,46,375 5.00 4.00 1.20
19 AURIGIN MASTER FUND LTD. AURIGIN 2,46,375 5.00 4.00 1.20
61,62,777125.1010029.92

IPO Subscription FAQs

The DEE Development Engineers IPO is subscribed 103.03 times by Jun 21, 2024 18:19.

DEE Development Engineers IPO Subscription

Investor Category Subscription (times)
Qualified Institutional206.54
Non Institutional149.38
Retail Individual23.66
Total Subscription103.03

Retail category of DEE Development Engineers IPO subscribed 23.66 times as of date Jun 21, 2024 18:19. The public issue closes on Fri, Jun 21, 2024 for bidding.

An investor can apply in DEE Development Engineers IPO online via bank (using ASBA) or the broker (using UPI). The DEE Development Engineers IPO shares are offered online only.

The DEE Development Engineers IPO is subscribed 103.03 times by Jun 21, 2024 18:19.

The DEE Development Engineers IPO allotment status is expected on or around Monday, June 24, 2024. Visit DEE Development Engineers IPO allotment status to check.

The DEE Development Engineers IPO listing date is June 26, 2024. The equity share of DEE Development Engineers IPO will list on BSE, NSE.

Visit DEE Development Engineers IPO subscription status page for real-time bidding information about DEE Development Engineers IPO.

DEE Development Engineers IPO Timetable

IPO opens OnWednesday, June 19, 2024
IPO Closes OnFriday, June 21, 2024
Finalisation of Basis of AllotmentMonday, June 24, 2024
Initiation of RefundsTuesday, June 25, 2024
Credit of Shares to Demat AccountTuesday, June 25, 2024
IPO Listing DateWednesday, June 26, 2024
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