The initial public offering (IPO) of Dee Development Engineers opened for subscription on Thursday. This IPO includes a fresh equity issue amounting to Rs 325 crore and an offer for sale (OFS) worth Rs 93 crore.
The funds raised through the fresh issue will be utilized for various purposes including funding working capital requirements, debt repayment, and general corporate purposes. Interested investors have until June 21 to subscribe to the IPO.
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