DEE Development Engineers' IPO listed at a 67% premium, reaching a market valuation of Rs 2,246.33 crore.

DEE Development Engineers, a piping solutions provider, had a successful stock market debut with its shares listing at a 67% premium over the issue price on the BSE and NSE. The strong listing performance is attributed to investor confidence in its future prospects, competitive edge, clientele, diverse product portfolio, robust order book, and consistent financial performance. The IPO was subscribed 99.56 times, and the company's market valuation reached Rs 2,246.33 crore.