Diffusion Engineers IPO Date, Review, Price, Allotment Details

Diffusion Engineers IPO open date is September 26, 2024 and the IPO will close on September 30, 2024. Diffusion Engineers is a Book Built Offer. The company to raise around ₹158 crores via IPO that comprises fresh issue of ₹158 crores and offer for sale up to [.] equity shares with face value of ₹10 each..

Diffusion Engineers IPO price band is ₹159 to ₹168 per share. The retail quota is 35%, QIB is 50%, and HNI is 50%. Diffusion Engineers IPO to list on NSE and BSE on October 4, 2024. The allotment of Diffusion Engineers IPO date is October 1, 2024.

The company reported revenue of ₹285.56 crores in 2024 against ₹258.67 crore in 2023. The company reported profit of ₹30.80 crores in 2024 against profit of ₹22.16 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Diffusion Engineers IPO

Diffusion Engineers IPO Details

IPO Open Date:September 26, 2024
IPO Close Date:September 30, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹159 to ₹168 Per Share
Issue Size:Approx ₹158.00 Crores
Fresh Issue:Approx ₹158.00 Crores
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
Employee Discount:₹8 per share
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Diffusion Engineers IPO Market Lot

The Diffusion Engineers IPO minimum market lot is 88 shares with ₹14,784 application amount. The retail investors can apply up-to 13 lots with 1144 shares or ₹192,192 amount.

ApplicationLot SizeSharesAmount
Retail Minimum188₹14,784
Retail Maximum131,144₹192,192
S-HNI Minimum141,232₹206,976
B-HNI Minimum685,984₹1,005,312

Diffusion Engineers IPO Dates

The Diffusion Engineers IPO date is September 26 and the close date is September 30. The Diffusion Engineers IPO allotment will be finalized on October 1 and the IPO listing on October 4.

IPO Open Date:September 26, 2024
IPO Close Date:September 30, 2024
Basis of Allotment:October 1, 2024
Refunds:October 3, 2024
Credit to Demat Account:October 3, 2024
IPO Listing Date:October 4, 2024

Promoters of Diffusion Engineers

The promoters of the company are Prashant Garg, Dr. Nitin Garg and Chitra Garg.

About Diffusion Engineers

The Diffusion engineers Limited settled in T-5 & T-6, Nagpur Industrial Area, MIDC, Hingna, Nagpur -440016 Maharashtra.This company engaged in the business of manufacturing welding consumables, wear plates and wear parts and heavy engineering machinery for core industries.

Over four decades of experience, this Company is dedicated to providing specialized repairs and reconditioning services for heavy machinery and equipment. Further, they are also involved in trading of anti-wear powders and welding and cutting machinery.

It has also developed a synergistic system of forward integration whereby we manufacture special purpose electrodes and flux cored wires which are utilized for manufacturing wear resistance plates (commonly known as wear plates). Presently the company operate from four manufacturing units, out of which Unit I, II and III are located in Nagpur Industrial Area, Hingna, Nagpur – 440 016, Maharashtra and Unit IV is located in Khapri (Uma), Nagpur – 441 501, Maharashtra for processing and manufacturing of their products.

Diffusion Engineers Company Financial Report

The company reported revenue of ₹285.56 crores in 2024 against ₹258.67 crore in 2023. The company reported profit of ₹30.80 crores in 2024 against profit of ₹22.16 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹208.75₹187.65₹17.05₹189.55
2023₹258.67₹233.14₹22.15₹230.34
2024₹285.56₹245.58₹30.8₹275.59

Diffusion Engineers IPO Valuation – FY2024

Check Diffusion Engineers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:18.52%
ROCE:20.63%
EBITDA Margin:17.04%
PAT Margin:10.79%
Debt to equity ratio:0.18
Earning Per Share (EPS):₹10.94 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):18.52%
Net Asset Value (NAV):₹68.06

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Ador Welding Limited46.4629.0118.43%266.498,83.83 Cr.
AIA Engineering Limited120.435.8818.41%705.8648,53.76 Cr.

Objects of the Issue

  • Funding capital expenditure requirements towards Proposed Expansion of our existing manufacturing facility at Unit IV
  • Setting up of a new manufacturing facility at Hingna, Sonegaon District, Nagpur, Maharashtra (“Proposed Facility”)
  • Funding working capital requirements of the Company
  • General Corporate Purposes

Diffusion Engineers IPO Review

  • IPO Watch – May Apply
  • Canara Bank – Apply
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart – Apply
  • Ventura Securities – Apply
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth – Apply
  • ICICIdirect –
  • Choice Broking –

Diffusion Engineers IPO Registrar

Bigshare Services Private Limited
E-mail: [email protected]
Telephone: +91 22-6263 8200
Website: www.bigshareonline.com/

IPO Lead Managers aka Merchant Bankers

  • Unistone Capital Private Limited

Company Address

Diffusion Engineers Limited
T-5 & T-6, Nagpur Industrial Area, MIDC, Hingna,
Nagpur – 440016 Maharashtra
Phone: +91 9158317943
Email: [email protected]
Website: www.diffusionengineers.com

Diffusion Engineers IPO FAQs

What is Diffusion Engineers IPO?

Diffusion Engineers IPO is a main-board IPO. The company is going to raise ₹158 Crores via IPO. The issue is priced at ₹159 to ₹168 pr equity share. The IPO is to be listed on BSE & NSE.

When Diffusion Engineers IPO will open for subscription?

The IPO is to open on September 26, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 30, 2024.

What is Diffusion Engineers IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Diffusion Engineers IPO?

You can apply for Diffusion Engineers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Diffusion Engineers Issue Size?

Diffusion Engineers issue size is ₹158 crores.

What is Diffusion Engineers IPO Price Band?

Diffusion Engineers IPO Price Band is ₹159 to ₹168.

What is Diffusion Engineers IPO Lot Size?

The minimum bid is 88 Shares with ₹14,784 amount.

What is the Diffusion Engineers IPO Allotment Date?

Diffusion Engineers IPO allotment date is October 1, 2024.

What is the Diffusion Engineers IPO Listing Date?

Diffusion Engineers IPO listing date is October 4, 2024. The IPO is to list on BSE and NSE.

Note: The Diffusion Engineers IPO price band and date are officially announced. The (Diffusion Engineers IPO grey market premium) will be added to the IPO GMP page as it will start).
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