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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 88 | ₹14,784 |
Retail Maximum | 13 | 1,144 | ₹192,192 |
S-HNI Minimum | 14 | 1,232 | ₹206,976 |
B-HNI Minimum | 68 | 5,984 | ₹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 Ended | Revenue | Expense | Profit After Tax | Assets |
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.
KPI | Values |
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
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Ador Welding Limited | 46.46 | 29.01 | 18.43% | 266.49 | 8,83.83 Cr. |
AIA Engineering Limited | 120.4 | 35.88 | 18.41% | 705.86 | 48,53.76 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
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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
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