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About DEE Development Engineers Ltd
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Dee Development Engineers Ltd was originally incorporated as "DE Development Engineers Private Limited" a Private Limited Company through a Certificate of Incorporation dated March 21, 1988, issued by the RoC. Thereafter, the name of Company was changed to "DEE Development Engineers Private Limited" dated January 8, 1998 issued by the RoC to reflect the change in name. Thereafter, Company converted into Public Limited and the name was changed to "DEE Development Engineers Limited" vide fresh Certificate of Incorporation dated March 11, 2010, was issued by the RoC. Dee Development Engineers are an engineering company providing specialized process piping solutions for industries such as oil and gas, nuclear power, chemicals and other process industries through engineering, procurement and manufacturing. Apart from this, Company manufacture and supply piping products such as high-pressure piping systems, piping spools, High Frequency Induction Pipe bends, LSAW Pipes, industrial pipe fittings, pressure vessels, industrial stacks, modular skids and accessories including, boiler superheater coils, de-super heaters and other customized manufactured components. The Company provide comprehensive specialized process piping solutions including engineering services of process/ power piping systems for projects, and pre-fabrication services such as cutting and beveling on conventional and CNC machines, welding services on semi-automatic and fully automatic robotic welding machines, conventional and digital radiography, post weld heat treatment using CNG fired fully calibrated furnaces and induction heating process, hydro testing, pickling and passivation, grit blasting and painting. Besides these services, it specialize in handling complex metals such as varying grades of carbon steel, stainless steel, super duplex stainless steel, alloy steel and other materials including inconel and hastelloy in manufacturing processes. The Company operate 6 strategically located Manufacturing Facilities at Palwal in Haryana, Anjar in Gujarat, Barmer in Rajasthan and Bangkok in Thailand, with three Manufacturing Facilities located at Palwal, Haryana. It operate two biomass power generation plants in Abohar and Muktsar, Punjab, with a contracted annual capacity of 8 MW and 6 MW, respectively. Recently, the Company expanded their business by getting into a new business vertical like design, engineering, fabrication and manufacturing of pilot plants, which is carried out from the Palwal Facility Unit III. The Company proposes Initial Public Offering by raising capital aggregating Rs 325 Crore Equity Shares through Fresh Issue and by issuing 7,900,000 Equity Shares through Offer for Sale.
DEE Development Engineers share price as on 22 May 2025 is Rs. 242.8. Over the past 6 months, the DEE Development Engineers share price has decreased by 11.5% and in the last one year, it has decreased by 27.59%. The 52-week low for DEE Development Engineers share price was Rs. 167 and 52-week high was Rs. 400.
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DEE Development Engineers Ltd FAQs
You can buy DEE Development Engineers Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy DEE Development Engineers Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 22, 2025 03:29 PM the closing price of DEE Development Engineers Ltd was Rs.242.80.
The latest PE ratio of DEE Development Engineers Ltd as of May 22, 2025 03:29 PM is 70.27
The latest PB ratio of DEE Development Engineers Ltd as of May 22, 2025 03:29 PM is 0.46
The 52-week high of DEE Development Engineers Ltd share price is Rs. 400.00 while the 52-week low is Rs. 167.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of May 22, 2025 03:29 PM, the market cap of DEE Development Engineers Ltd stood at Rs. 1,676.63 Cr.
Market Outlook
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