Dee Development Engineers, CJ Darcl Logistics file papers with Sebi for IPOs: Here’s all you need to know - Business Today

Engineering firm Dee Development Engineers and logistics player CJ Darcl Logistics have filed their draft red herring prospectus (DRHP) for their respective IPOs. Dee Development Engineers aims to raise funds through an offer of equity shares, while CJ Darcl Logistics plans to offer fresh equity shares for funding capital expenditure and repayment of borrowings. The shares of both companies will be listed on the BSE and NSE. ICICI Securities, Axis Capital, and Mirae Asset Capital Markets are the Book Running Lead Managers for the IPOs.

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