DEE Development Engineers Ltd Share Price – NSE /  BSE

Steel, Small Cap

The contract involves the manufacturing of 15 EN156 Envision-make windmill towers, each weighing 353 metric tonnes, for 3.3 MW wind turbines. The project is scheduled for execution by January 2027.

As per the contract terms, the payment structure includes a 25% advance against a reducing balance Advance Bank Guarantee (ABG), 55% upon material readiness, and the remaining 20% within 15 days from the invoice date. The order also carries a warranty period of 24 months from ex-works readiness.

Time period by which the order(s)/contract(s) is to be executed January 2027.

DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power industries, process industries, and chemicals through engineering, procurement, and manufacturing services.

The company had reported a 11.11% year-on-year drop in consolidated net profit to Rs 28.01 crore, despite a 26.26% rise in revenue from operations to Rs 361.57 crore in Q4 FY26 over Q4 FY25.

The counter slipped 1.90% to Rs 650 on the BSE.

Powered by Capital Market - Live News

DEE Development Engineers announced that its wholly owned subsidiary, DEE Fabricom India has received an order for supply of windmill towers of Rs 64 crore. The order placed by Ganeko Solar is for fifteen EN156 Envision make 353 MT Windmill Tower for 3.3MW Windmill.

The issue comprises up to 3.98 lakh shares worth Rs 20 crore to promoter Krishan Lalit Bansal and up to 55.78 lakh shares worth Rs 280 crore to 23 non-promoter investors, including domestic mutual funds, AIFs, foreign portfolio investors and corporate investors.

The investor roster includes several well-known institutional names such as Kotak Mahindra Mutual Fund, WhiteOak Capital, Ashoka WhiteOak, Ashoka India Equity Investment Trust PLC, ValueQuest funds and 360 ONE PIPE Fund, indicating broad institutional participation in the transaction.

Following the allotment, promoter shareholding is expected to moderate from 50.82% to 47.31%, while the overall ownership profile becomes more institutionally diversified.

DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power industries, process industries, and chemicals through engineering, procurement, and manufacturing services.

The company had reported a 11.11% year-on-year drop in consolidated net profit to Rs 28.01 crore, despite a 26.26% rise in revenue from operations to Rs 361.57 crore in Q4 FY26 over Q4 FY25.

The scrip fell 1.58% to currently trade at Rs 650 on the BSE.

Powered by Capital Market - Live News

Dee Development Engineers announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 June 2026.