Diffusion Engineers
Mainboard₹14,784 / 88 Shares
Diffusion Engineers IPO Details
The Diffusion Engineers IPO price band is set between ₹159-168 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 26 Sep, 2024 and closes on 30 Sep, 2024. Investors can check the allotment status on 1 Oct, 2024, while the listing date is tentatively scheduled for 4 Oct, 2024.
The total issue size is 9,405,000 shares, aggregating up to ₹158.00 Cr. Stay tuned for the latest Diffusion Engineers IPO review and GMP updates.
Diffusion Engineers IPO Review, Rating & Analysis
Diffusion Engineers IPO Review
NO REVIEWDiffusion Engineers IPO Rating
Diffusion Engineers IPO Highlights
IPO Date
Sep 26, 2024 - Sep 30, 2024
Listing Date
4 Oct, 2024
Face Value
₹10 Per Equity Share
Price Band
₹159-168 per equity share
Lot Size
88 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Diffusion Engineers IPO Lot Size
The minimum market lot for Diffusion Engineers IPO is 88 shares with an application amount of ₹14,784. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 88 | ₹14,784 |
| Retail (Max) | 13 | 1144 | ₹1,92,192 |
| S-HNI (Min) | 14 | 1232 | ₹2,06,976 |
| S-HNI (Max) | 67 | 5896 | ₹9,90,528 |
| B-HNI (Min) | 68 | 5984 | ₹10,05,312 |
Diffusion Engineers IPO Timeline
Issue Price
₹159-168 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
Unistone Capital Pvt LtdIssue Size
9,405,000 shares(aggregating up to ₹158.00 Cr)Diffusion Engineers IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 275.59 | 285.56 | 30.8 | 190.7 | 163.03 | 34.44 |
| 31 Mar 23 | 230.34 | 258.67 | 22.15 | 142 | 138.39 | 48.09 |
| 31 Mar 22 | 189.55 | 208.75 | 17.05 | 120.65 | 117.34 | 24.6 |
All values are in ₹ Cr.
Diffusion Engineers IPO Valuations
EPS Pre IPO
10.99EPS Post IPO
8.23PE Pre IPO
15.28PE Post IPO
20.41ROE
18.52%ROCE
20.63%Debt Equity
0.18RoNW
18.52%PAT Margin
10.79Price to Book Value
2.47Promoters & Share Holding
Promoter(s) Name
- Mr. Prashant Garg
- Dr. Nitin Garg
- Ms. Chitra Garg
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 93.10% | 69.70% |
About Company
After being founded as a Private Limited Company in 1982, Diffusion Engineers Limited experienced a number of important changes. One of the most important turning points in its corporate history was its 1995 conversion to a Public Limited Company.
From commencing manufacturing of welding electrodes in 1993 to crossing a turnover of ₹2000.00 million in 2023, Diffusion Engineers has consistently strived for excellence. Its entry into joint ventures and subsidiaries, as well as its land acquisitions for production plants, demonstrate its dedication to innovation and market leadership.
Its industrial capability is further validated by awards and accreditations. Recognitions such as the Best Employer Brands and Great Place to Work certifications affirm its dedication to employee welfare and organisational excellence. Moreover, accreditations by the National Accreditation Board underscore its commitment to quality and standards compliance.
Diffusion Engineers IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,871,000 | 1,403,250 935,500 467,750 | 3,274,250 | 6,598,500 |
Day 1 -26-09-24 05:00 PM | 0.03 x | 6.80 4.26 x 11.87 x | 11.24 x | 7.16 x |
Day 2 -27-09-24 05:00 PM | 0.25 x | 40.72 32.03 x 58.10 x | 32.47 x | 25.09 x |
Day 3 -30-09-24 05:00 PM | 95.74 x | 207.60 203.34 x 216.13 x | 85.61 x | 114.50 x |
Retail:76.12x
BHNI:40.46x
SHNI:206.08x times
Company Contact Details
Diffusion Engineers
T-5 & T-6, Nagpur Industrial Area, MIDC, Hingna, Nagpur - 440016Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Frequently Asked Questions about Diffusion Engineers IPO
When will Diffusion Engineers IPO open for subscription?
The Diffusion Engineers IPO opens on 26 Sep, 2024 and closes on 30 Sep, 2024.
What is the investors portion for Diffusion Engineers IPO?
The investors' portion for QIB is 95.74 x, NII is 203.34 x, and Retail is 85.61 x.
How to apply for Diffusion Engineers IPO?
You can apply for Diffusion Engineers IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Diffusion Engineers IPO?
The issue size of Diffusion Engineers IPO is approx ₹9,405,000 shares(aggregating up to ₹158.00 Cr) crores.
What is the price band of Diffusion Engineers IPO?
The price band for Diffusion Engineers IPO is ₹159 to ₹168 per equity share.
What is the lot size of Diffusion Engineers IPO?
The minimum bid (lot size) for Diffusion Engineers IPO is N/A shares with an investment of approx ₹14,784 .
What is the allotment date of Diffusion Engineers IPO?
The allotment date for Diffusion Engineers IPO is 1 Oct, 2024.
What is the listing date of Diffusion Engineers IPO?
The listing date for Diffusion Engineers IPO is expected to be 4 Oct, 2024.
What is the GMP of Diffusion Engineers IPO?
The latest Grey Market Premium (GMP) for Diffusion Engineers IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.