New Delhi: With the Dee Development IPO allotment today, on Monday, June 24, 2024, investors will be waiting to check whether they were allotted the company’s shares or not. The IPO shares will start to reflect in retail investors’ demat account from June 25, 2024. Dee Development IPO refund process for those who could not receive the subscription will also start from Tuesday. Dee Development IPO’s expected listing date is Wednesday, June 26, 2024.
If you had applied in the bidding process and are among those lucky investors who were allotted shares, then you can visit the official website of the Bombay Stock Exchange (BSE) and follow the steps given below and check your allotment status.
How to check Dee Development IPO allotment status
Go to Dee Development IPO allotment link on the BSE – (https://www.bseindia.com/investors/appli_check.aspx)
Click on ‘Equity’
Select DEE Development Engineers Limited from the list
Mention your application number and PAN card details
Click on ‘Submit’
Dee Development IPO GMP today
Dee Development IPO GMP today stood at Rs 95 per share. Considering Dee Development’s IPO price band of Rs 193-203 and the stock’s current GMP, the engineering company’s shares may have listing gains of over 46 per cent on stock exchanges on Wednesday, according to IPO Watch.
Dee Development IPO subscription status
Dee Development IPO subscription status had reached a whopping 99X of its total issue size of Rs 418 crore. The public issue got maximum traction from Qualified Institutional Buyers (QIBs). Their quota was oversubscribed by a massive 201X. Non-Institutional Investors’ (NIIs) oversubscription status reached 144X. Dee Development IPO retail portion oversubscription stood at 23X. QIBs and NIIs had shown higher interest than retail investors.
Dee Development IPO Size
The public issue comprises freshly issued equity worth Rs 325 crore and an offer for sale (OFS) of 45.82 lakh shares.
The total IPO size is of Rs 418 crore.
Dee Development IPO Structure
Retail investors’ reservation in Dee Development IPO’s total size was 35 per cent
While QIBs’ reservation in the public issue was 50 per cent
NIIs’ reservation in Dee Development IPO was 15 per cent
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Dee Development IPO allotment today: Know how to check your allotment status through the the official website of the Bombay Stock Exchange (BSE). Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
