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Diffusion Engineers Ltd.

Diffusion Engineers Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹168
₹168
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹168
Based on GMP
Min. Investment
₹14,784
1 lot × 88 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 Sep 2024
Close Date
30 Sep 2024
Allotment
01 Oct 2024
Listing Date
04 Oct 2024
Exchange
NSE & BSE
Price Band
₹168
Listing Price
See chart
Allotment Status
Price Band
₹168
Per share
Face Value
₹10 per share
 
Lot Size
88 Shares
per lot
Issue Size
94,05,000 shares (aggregating up to ₹157.96 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,784
1 lot
Pre-IPO Holding
2,80,21,259 shares
Promoters
Post-IPO Holding
3,74,26,259 shares
Promoters
P/E (Pre)
15.28x
 
P/E (Post)
20.41x
 
EPS (Pre)
₹10.99
 
EPS (Post)
₹8.23
 
UPI Deadline
2024-09-30
Mandate
Anchor AllotmentWed, 25 Sep 2024
Basis of AllotmentTue, 01 Oct 2024
Refund InitiationThu, 03 Oct 2024
Demat CreditThu, 03 Oct 2024
Listing DayFri, 04 Oct 2024
UPI Mandate Deadline2024-09-30
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Diffusion Engineers Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
9,405,000
100% ₹158.00
IPO Shares Offered
Diffusion Engineers Ltd. IPO total issue size: ₹158.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 9,405,000 ₹158.00
100.00%
* Based on upper price band ₹168 per share
Lot Size & Investment
Lot Size
88
Shares per Lot
Issue Price
₹168.00
Upper Band
Min Investment
₹14,784
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2176₹29,568
Retail (Max — 13 Lots)131,144₹192,192
S-HNI (Min — 14 Lots)141,232₹206,976
B-HNI (Min — 68 Lots)685,984₹1,005,312
* Issue Price ₹168 × Lot Size 88 shares
IPO Schedule
Anchor
25 Sep 2024
✓ Done
IPO Open
26 Sep 2024
✓ Done
IPO Close
30 Sep 2024
✓ Done
Allotment
01 Oct 2024
✓ Done
Refunds
03 Oct 2024
✓ Done
Demat Credit
03 Oct 2024
✓ Done
Listing Day
04 Oct 2024
✓ Done
Diffusion Engineers Ltd. — Live Price LIVE
₹168.00
INR · BSE
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Issue ₹168.00 Live Price
About Diffusion Engineers Ltd.
Founded in 1982, Diffusion Engineers Limited is active in the manufacture of welding consumables, wear plates and parts, and heavy machinery for core industries.The company offers specialized repair and reconditioning services for heavy machinery and equipment. The company also trades in wear protection powders and welding and cutting machines. At its production facilities, the company offers the Super Conditioning process, a surface treatment for machine components that increases wear resistance, eliminates stresses, and improves reparability, ultimately extending service life and reducing production costs.Diffusion Engineers Limited has four manufacturing units, of which Units I, II, and III are located at Nagpur Industrial Area, Hingna, Nagpur, Maharashtra, and Unit IV at Khapri (Uma), Nagpur, Maharashtra is responsible for the processing and manufacturing of the products. The manufacturing operations are spread across the various units as follows:Unit I: Welding electrodes for special purposes;Unit II: Flux cored wires, wear plates and wear parts through fabrication and machining;Unit III: Coatings for abrasion and corrosion resistance;Unit IV: Flux-cored wires (since the financial year 2024), wear plates, and heavy engineering.As of February 29, 2024, the company had a team of over 130 qualified engineers.
Objects of the Issue
1
Funding capital expenditure requirements towards the expansion of existing manufacturing facility at Khasra No. 36, 38/1, 38/2, 38/3, Khapri (Uma), Nagpur- 441 501, Maharashtra, India (Proposed Expansion);
2
Setting up of a new manufacturing facility located at Plot Nos. 33-B/1/1/ & 33-B/1/1/Part, MIDC, Hingna, Sonegaon District, Nagpur-440 016, Maharashtra (Proposed Facility);
3
Funding working capital requirements of the Company; and
4
General Corporate Purposes.
Diffusion Engineers Ltd. Financials (Amount in Crore)
Revenue from Operations
₹208.8
31 Mar 2022
₹258.7
31 Mar 2023
₹285.6
31 Mar 2024
Profit After Tax (PAT)
₹17.1
31 Mar 2022
₹22.2
31 Mar 2023
₹30.8
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 285.56 258.67 208.75
EBITDA N/A N/A N/A
Profit After Tax (PAT) 30.80 22.15 17.05
Net Worth 190.70 142.00 120.65
Total Assets 275.59 230.34 189.55
Reserves & Surplus 163.03 138.39 117.34
Borrowings 34.44 48.09 24.60
EBITDA Margin (%) N/A
PAT Margin (%) 10.79%
P/BV Ratio
2.47
RoE
18.52%
RoCE
20.63%
RoNW
18.52%
PAT Margin
10.79%
Debt/Equity
0.18
Issue Structure & Shareholding
Total Shares Offered94,05,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,80,21,259 shares
Post-Issue Promoter Holding3,74,26,259 shares
P/BV Ratio2.47
RoE18.52%
RoCE20.63%
Debt / Equity0.18
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Unistone Capital Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Diffusion Engineers Ltd. IPO subscribed?

Diffusion Engineers Ltd. IPO is subscribed 1.00 times by Sep 30, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Diffusion Engineers Ltd. IPO retail subscription status?

The Diffusion Engineers Ltd. IPO retail category is subscribed 1.00 times as of 30 Sep 2024. The retail portion is oversubscribed.

How to subscribe Diffusion Engineers Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 Sep 2024 and closes 30 Sep 2024. Min investment: ₹14,784 (1 lot = 88 shares). UPI mandate: 2024-09-30.

How many times Diffusion Engineers Ltd. IPO subscribed?

The Diffusion Engineers Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Diffusion Engineers Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Oct 2024. Refunds: on 03 Oct 2024.

When Diffusion Engineers Ltd. IPO will be listed?

The Diffusion Engineers Ltd. IPO listing date is 04 Oct 2024, Friday. Listed on: NSE & BSE. Issue price: ₹168. Estimated listing: ₹168. GMP: NIL.

When Diffusion Engineers Ltd. IPO close?

The Diffusion Engineers Ltd. IPO closes on 30 Sep 2024, Monday. UPI mandate: 2024-09-30. Allotment: 01 Oct 2024. Listing: 04 Oct 2024.