Mumbai: DEE Growth Engineers share worth made a powerful debut on the inventory market on Wednesday. The inventory listed at a superb premium on the exchanges. On the NSE, DEE Growth shares listed at Rs 339 per share, up 67 per cent from the problem worth of Rs 203 per share.
DEE Growth shares listed on the BSE at Rs 325 per share, a 60.10 per cent premium. The DEE Growth IPO itemizing was a lot stronger than inventory market expectations. As analysts had estimated the itemizing worth to be round Rs 300 to Rs 320 per share.
The preliminary public providing (IPO) of DEE Growth Engineers Restricted opened for subscription on June 19 and ended on June 21. The corporate raised Rs 418.01 crore from the IPO, which comprised a contemporary problem of 1.6 crore fairness shares aggregating to Rs 325 crore and a proposal on the market (OFS) element of 46 lakh shares aggregating to Rs 93.01 crore.
DEE Growth Engineers, by way of put in capability, is likely one of the main firms within the course of piping options house in India, with a deal with automation and course of to boost operational effectivity and supply higher companies to its prospects.