DEE Development Engineers Ltd Share Price – NSE /  BSE

Steel, Small Cap

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.

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

The company has received a Letter of Intent (LOI) for the manufacture and supply of critical piping assemblies, specifically for the main steam package and hot reheat systems.

The project timeline stipulates the delivery of the first two units within 6 to 12 months of receiving the purchase order (PO), with the remaining two units to be delivered within 12 to 15 months post-PO.

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.

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DEE Development Engineers has secured a letter of intent for manufacturing and supply of Critical Piping Assembly (Main Steam package and Hot Reheat system) from a Public Sector Maharatna EPC conglomerate of power sector. The order is valued at Rs 206.55 crore.