DEE Development Engineers anticipates achieving an even split between export and domestic revenue this fiscal year (FY25), with plans to shift the balance further toward exports in the next year, aiming for a 60% export share.
Krishan Lalit Bansal, the company’s Chairman and Managing Director, shared in an interview with a TV Channel that DEE Development’s order book is expected to reach approximately ₹1,500 crore by year-end. He also revealed plans to increase capacity at the Anjar facility to 9,000 tonnes within the next 3 to 6 months.
The company, which currently has a market capitalization of about ₹2,405.50 crore, debuted on the stock exchange on June 26, with its shares listing at a 67% premium over the issue price of ₹203. The public offering included a fresh issue of shares worth up to ₹325 crore and an offer-for-sale of up to 45.82 lakh equity shares, totaling ₹93 crore, by promoter Krishan Lalit Bansal.
DEE Development Engineers specializes in providing process piping solutions for industries such as oil and gas, power (including nuclear), chemicals, and other sectors. The company operates six manufacturing facilities located in Haryana, Gujarat, Rajasthan, and Thailand, positioning it as the largest player in process piping solutions in India by installed capacity.
DEE Development Engineers is a prominent company specializing in process piping solutions for a variety of industries, including oil and gas, power generation, and chemicals. Established as a leading player in its field, DEE Development provides engineering, procurement, and manufacturing services, along with a range of piping products.
The company operates six strategically located manufacturing facilities across India and Thailand, which support its significant market presence. Known for its focus on quality and technical expertise, DEE Development Engineers plays a crucial role in delivering complex piping solutions that meet the needs of its diverse clientele.
