Diffusion Engineers ltd
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 25-09-2024 | 29-09-2024 | 10 | 168 | 88 Shares | BSE, NSE | 9,405,000 shares (aggregating up to ₹158.00 Cr) | 2024-09-30 18:30:00 | 2024-10-02 18:30:00 | 0000-00-00 00:00:00 | 03-10-2024 |
About The Company
Diffusion Engineers IPO is a book built issue of Rs 158.00 crores. The issue is entirely a fresh issue of 0.94 crore shares.
Diffusion Engineers IPO opens for subscription on September 26, 2024 and closes on September 30, 2024. The allotment for the Diffusion Engineers IPO is expected to be finalized on Tuesday, October 1, 2024. Diffusion Engineers IPO will list on BSE, NSE with tentative listing date fixed as Friday, October 4, 2024.
Diffusion Engineers IPO price band is set at ₹159 to ₹168 per share. The minimum lot size for an application is 88 Shares. The minimum amount of investment required by retail investors is ₹14,784. The minimum lot size investment for sNII is 14 lots (1,232 shares), amounting to ₹206,976, and for bNII, it is 68 lots (5,984 shares), amounting to ₹1,005,312.
The issue includes a reservation of up to 50,000 shares for employees offered at a discount of Rs 8 to the issue price.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 190 | 209 | 17 | 120.65 | 117.34 | 24.6 |
| 30-03-2023 | 230 | 259 | 22 | 22.15 | 138.39 | 48.09 |
| 30-03-2024 | 276 | 286 | 286 | 190.7 | 163.03 | 34.44 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 95.74 |
| Non-Institutional Buyers | 207.60 |
| Retail Investors | 85.61 |
| Employees | 95.04 |
| Total | 114.49 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 88 | 14784 |
| Retail (Max) | 13 | 1144 | 192192 |
| S-HNI (Min) | 14 | 1232 | 206976 |
| S-HNI (Max) | 67 | 5896 | 990528 |
| B-HNI (Min) | 68 | 5984 | 1005312 |
IPO Listing Details
| Listing Date | 03-10-2024 |
| BSE Script Code | 544264 |
| NSE Symbol | DIFFNKG |
| ISIN | INE184O01015 |
| Final Issue Price | 168 |
Promoter holdings
r. Prashant Garg, Dr. Nitin Garg, and Ms. Chitra Garg
Contact Information of the Company
Diffusion Engineers Limited
T-5 & T-6,
Nagpur Industrial Area, MIDC,
Hingna, Nagpur - 440016
Phone: +91 9158317943
Email: cs@diffusionengineers.com
Website: https://www.diffusionengineers.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Unistone Capital Pvt Ltd (Past IPO Performance)