Diffusion Engineers Limited IPO Date, Price, Review and Details
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Diffusion Engineers Limited IPO
Diffusion Engineers Limited is involved in making welding supplies, wear
plates, wear parts, and heavy machinery for key industries, with over four
decades of experience, our company provides specialized maintenance and repair
services for heavy machinery and equipment. They are also involved in
anti-corrosion powders and welding and cutting machines. They have further
developed an integrated synergistic system where they manufacture special
purpose electrodes and flux core wires used to fabricate wear resistant plates
(commonly referred to as wear plates).
Company
Promoters:
- Prashant Garg
- Dr. Nitin Garg
- Chitra Garg
Objects of this Issue:
- Funding of capital expenditure requirements towards expansion of their xexisting manufacturing facility.
- Establishment of a new manufacturing plant at Plot No. 33-B/1/1/ & 33-B/1/1/Part, MIDC, Hingna, Sonegaon District, Nagpur –440 016.
- Funding the company’s working capital needs.
- General purpose of the company.
Financial Information of the Company:
|
Amount in Million (Rs.) |
||
As on 31 Mar 2024 |
As on 31 Mar 2023 |
As on 31 Mar 2022 |
|
Total Assets |
2,755.85 |
2,303,44 |
1895.28 |
Total Liabilities |
845.67 |
881.77 |
687.1 |
Net Profit |
2.46 |
0.64 |
0.22
|
Diffusion Engineers Limited IPO Schedule
1. Bid or Offer Opens on: 26 September
2024
4. Initiation of Refunds: 03
October
2024
Diffusion Engineers Limited IPO Lot Size
The
market lot size of the DIFFUSION ENGINEERS LIMITED IPO is 1 share. Minimum and
Maximum order quantity is as follows:
Application |
Lots |
Shares |
Amount |
|
Retail |
Minimum |
1 |
88 |
₹14,784 |
Maximum |
13 |
1144 |
₹192,192 |
|
S-HNI |
Minimum |
14 |
1,232 |
₹206,976 |
S-HNI |
Maximum |
67 |
5,896 |
₹990,528 |
B-HNI |
Minimum |
68 |
5,984 |
₹1,005,312 |
Company Contact Details:
Diffusion Engineers
Limited IPO
T-5 & T-6, Nagpur
Industrial Area, MIDC, Hingna, Nagpur -440016 Maharashtra
Phone: 9158317943
Email: cs@diffusionengineers.com
Website: www.diffusionengineers.com
Diffusion Engineers Limited IPO Registrar Details:
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
next to Ahura Center, Mahakali Caves Road,
Andheri (East), Mumbai – 400093.
Phone: 9122-6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
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