ETMarkets.comDee Development Engineers
Dee Development Engineers is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals and other process industries through engineering, procurement and manufacturing.
The offer comprises fresh equity issue aggregating up to Rs 325 crore and an offer for sale of up to 79,00,000 equity shares by selling shareholders.
Net proceeds from the fresh issue will be used towards funding working capital requirements, repayment of debt, and other general corporate purposes.
The equity shares are proposed to be listed on NSE and BSE.
SBI Capital Markets and Equirus Capital are the book running lead managers to the issue.
Capital Small Finance Bank
Capital Small Finance Bank is amongst the leading SFBs in India in terms of cost of funds, retail deposits and CASA deposits for FY23.
The IPO includes fresh equity issue of Rs 450 crore and an offer for sale of up to 24.12 lakh units. Under the OFS, Oman India Joint Investment Fund, PI Ventures, Amicus Capital Private Equity among others will offload shares.
Net Proceeds from the fresh issue will be used towards augmenting the bank’s Tier – I capital base to meet the bank’s future capital requirements, and issue expenses.
Nuvama Wealth Management, DAM Capital Advisors and Equirus Capital are the book running lead managers of the issue.
CJ Darcl Logistics
CJ Darcl Logistics is a diversified logistics company in India with market leadership in full truck load vertical in terms of revenue for FY23.
The IPO comprises fresh equity issue of up to Rs 340 crore and OFS up to 54.31 lakh equity shares by selling shareholders.
Net proceeds from the fresh issue will be used for repayment of debt, funding capital expenditure requirements and general corporate purposes.
ICICI Securities, Axis Capital and Mirae Asset Capital Markets (India) are the book running lead managers to the issue.
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