Diffusion Engineers Ltd
Price Range
₹159 - ₹168
Min. Quantity
88
Closes on
30 September 2024
Min. investment
₹14,784/1,144 Shares
Diffusion Engineers Ltd IPO Timeline
'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 companies name was changed to 'Diffusion Engineers Limited' and a fresh Certificate of Incorporation dated July 03, 1995, was issued.
| Event | Date |
|---|---|
| Diffusion Engineers Ltd IPO Opening Date | 26 September 2024 |
| Diffusion Engineers Ltd IPO Closing Date | 30 September 2024 |
| Basis of Allotment | 1 October 2024 |
| Initiation of Refunds | 3 October 2024 |
| Credit of Shares to Demat | 3 October 2024 |
| Diffusion Engineers Ltd IPO Listing Date | 4 October 2024 |
Diffusion Engineers Ltd IPO Details
| Diffusion Engineers Ltd IPO Date | 26 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 Size | 88 |
| 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 Offered | Not more than 18,71,000 of the Net Offer |
| Retail Shares Offered | Not less than 32,74,250 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 14,03,250 of the Net Offer |
| Company Promoters | Prashant 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 | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 88 | ₹14,784 |
| Maximum | 13 | 1,144 | ₹1,92,192 |
- Strengths
- 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 Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 259.69 | 264.32 | 23.39 |
| 03-2023 | 223.92 | 247.85 | 16.82 |
| 03-2022 | 183.07 | 199.18 | 14.99 |
| 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 Holding | 37.04% |
| 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)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 95.74 | 207.6 | 85.61 | 95.03 | 114.49 |
Diffusion Engineers Ltd IPO Prospectus
Diffusion Engineers Ltd IPO Listing Date
| Listing Date | 4 October 2024 |
| BSE Script | 544264 |
| NSE Symbol | DIFFNKG |
| Listing In | BSE, NSE |
| ISIN | INE184O01015 |
| IPO Price | ₹168 |
| Face Value | ₹10 |
Company Contact Information
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
Diffusion Engineers Ltd IPO Lead Manager(s)
- Unistone Capital Pvt Ltd
FAQ
What is the issue size of Diffusion Engineers Ltd IPO?
I have pre-applied for Diffusion Engineers Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.