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IPODiffusion Engineers Ltd IPO

  • Price Range

    ₹159 - ₹168

  • Min. Quantity

    88 Shares

  • Closes on

    30 September 2024

  • Min. investment

    ₹14,784

Diffusion Engineers Ltd IPO Timeline

EventDate
Diffusion Engineers Ltd IPO Opening Date26 September 2024
Diffusion Engineers Ltd IPO Closing Date 30 September 2024
Basis of Allotment1 October 2024
Initiation of Refunds3 October 2024
Credit of Shares to Demat3 October 2024
Diffusion Engineers Ltd IPO Listing Date4 October 2024

Diffusion Engineers Ltd IPO Details

Diffusion Engineers Ltd IPO Date26 September 2024 to 30 September 2024
Diffusion Engineers Ltd IPO Face Value₹10 per share
Diffusion Engineers Ltd IPO Price₹159 to ₹168 per share
Diffusion Engineers Ltd IPO Lot Size88
Issue Size Shares of ₹10 (aggregating up to ₹157.96 Cr)
Fresh Issue Shares of ₹10 (aggregating up to ₹158 Cr)
Offer for Sale-
Issue Type(Book Built Portion)
Listing At BSE, NSE
QIB Shares OfferedNot more than 18,71,000 of the Net Offer
Retail Shares OfferedNot less than 32,74,250 of the Net Offer
NII (HNI) Shares OfferedNot less than 14,03,250 of the Net Offer
Company PromotersPrashant Garg, Nitin Garg, Chitra Garg

Diffusion Engineers Ltd IPO Lot Size

The Diffusion Engineers Ltd IPO lot size is 88 shares. A retail-individual investor can apply for up to 13 lots (1,144 shares or ₹1,92,192).

Application LotsSharesAmount
Minimum188₹14,784
Maximum131,144₹1,92,192
  • Risks
  • Opportunities
  • Synergistic business models focused on forward integration.
  • Serving industry major players directly as well as through OEMs.
  • Consistent financial performance.
  • Long-standing relationships with customers across industries.
  • Experienced promoters and strong management team.
  • Strategically located manufacturing facilities.

Company Financials

Diffusion Engineers Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2025429.1325.0933.75
03-2024259.7264.3223.39
03-2023223.92247.8516.82
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding capital expenditure requirements towards proposed expansion
  • Setting up of a proposed facility
  • Funding working capital requirements of the company
  • General corporate purposes

Diffusion Engineers Ltd IPO Promoter Holding

Pre Issue Share Holding37.04%
Post Issue Share Holding-

Diffusion Engineers Ltd IPO Subscription Status (Bidding Detail)

The Diffusion Engineers Ltd IPO is subscribed 114.49 times on 30 September 2024 05:00:00 PM. The public issue subscribed 85.61 times in the retail category, 95.74 times in the QIB category, and 207.6 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)95.74207.685.6195.03114.49

Diffusion Engineers Ltd IPO Prospectus

Diffusion Engineers Ltd IPO Listing Date

BSE Script
NSE Symbol
Listing In BSE, NSE
ISININE184O01015
IPO Price₹-
Face Value-

Company Contact Information

Diffusion Engineers Ltd
T 5 & 6 M I D CNagpur Industrial Area Hingna,Nagpur-440016
Phone: 91-9158317943
Email: cs@diffusionengineers.com
Website: www.diffusionengineers.com

Diffusion Engineers Ltd IPO Registrar

Phone:022-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Diffusion Engineers Ltd IPO Lead Manager(s)

  1. Unistone Capital Pvt Ltd

How to Check the Allotment Status of Diffusion Engineers Ltd IPO?

To check the IPO allotment status, follow these steps:

  • Visit the official website of the IPO registrar.
  • Navigate to the IPO Allotment Status page.
  • Select “Diffusion Engineers Ltd” from the list of available IPOs.
  • Enter any one of these - PAN Number, Application Number, DP/Client ID.
  • Click on Submit to view your allotment status.
  • Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.
  • About Diffusion Engineers Ltd IPO

    'Diffusion Engineers Limited' was incorporated under the provisions of the Companies Act, 1956 with the name 'Diffusion Engineers Private Limited' pursuant to certificate of incorporation dated November 05, 1982 issued by Registrar of Companies, at Maharashtra. Further, pursuant to resolutions passed by the companies Board of Directors at its meeting held on May 06, 1995 and by the Shareholders at the extra-ordinary general meeting held on May 17, 1995, the Company was converted into a public limited company. Consequently, the name of the Company was changed to 'Diffusion Engineers Limited' and a fresh Certificate of Incorporation dated July 03, 1995, was issued.

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