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Diffusion Engineers Limited IPO Date, Price, Review and Details

 

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Diffusion Engineers Limited IPO

September 26, 2024 - September 30, 2024 Closed

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
2.     Bid or Offer Closes on: 30 September 2024
3.     Finalization of BoA: 01 October 2024
4.     Initiation of Refunds: 03 October 2024
5.     Credit of share to Demat account: 03 October 2024
6.     Listing Date: 04 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


 

Frequently Asked Question

Diffusion Engineers Limited IPO shares will get listed at NSE, BSE.
The meaning of "Diffusion Engineers Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Diffusion Engineers Limited IPO on the current day.
You will receive your allocated shares in your Demat account on 01 October 2024.
The price of 1 share of Diffusion Engineers Limited IPO ranges from ₹159 to ₹168.
Face value of equity shares of diffusion engineers limited is ₹10.
Diffusion Engineers Limited IPO customer care number is +91 7104 232890
Diffusion Engineers Limited IPO will get listed on October 04, 2024.
You will not receive allotted Diffusion Engineers Limited IPO shares, your IPO application fee will be released or credited back to your bank account through which you applied for this IPO.
The market lot size of diffusion engineers ltd is 88 shares.
Pre-issue shareholdings of diffusion engineers pvt ltd market promoters are 93.10%.
Link Intime India Private Ltd is the registrar of Diffusion Engineers Limited IPO.
Diffusion Engineers Limited IPO is going to open on 26 September 2024.
Diffusion Engineers Limited IPO will be closed on 30 September 2024.
You can apply for an IPO anywhere online because it is an online process. You can apply for an IPO through 2 methods ie. ASBA and UPI. The ASBA service is provided by your bank and the UPI service is provided by your stockbroker. Using any of these options you can invest in diffusion engineers ltd ipo at your convenience, in diffusion engineers ltd ipo by using any one of these methods at your convenience.
Post-issue shareholdings of Diffusion Engineers Limited IPO promoters are 69.70%.
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