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Diffusion Engineers Limited IPO

Diffusion Engineers Limited IPO

IPO Date :
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Allotment Date :
Listing Date :
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Listed Price: ₹ 193.50 (+15.18%)

The Initial Public Offering of Diffusion Engineers Limited's culminated in its successful listing on 04-10-2024 at the NSE, BSE trading platform. The company secured 94,05,000 Shares through this capital market exercise, with 94,05,000 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹159 to ₹168, with minimum investment requirements of 88 shares. The subscription period from 26-09-2024 to 30-09-2024 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 01-10-2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Diffusion Engineers IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Diffusion Engineers IPO Key Performance Indicator
Company Financials ( In Crores )

Diffusion Engineers IPO About Company

Diffusion Engineers Limited, established in 1982, is a leading manufacturer of welding consumables, wear plates, and heavy machinery, providing advanced repair and reconditioning solutions to key industries. Utilizing its Super Conditioning process, the company enhances wear resistance, reduces stress, and improves the reparability of machine components, extending service life and reducing production costs. Operating four manufacturing units, including a newly commissioned Unit IV in FY 2024, Diffusion Engineers produces specialized welding electrodes, flux-cored wires, wear parts, and abrasion- and corrosion-resistant coatings. Supported by over 130 qualified engineers as of February 29, 2024, the company demonstrates strong expertise and innovation in delivering durable, efficient machinery solutions.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Diffusion Engineers IPO Strength Factors

  1. Strong Industry Presence: Serves 472–503 customers, contributing over 70% to revenue.
  2. Consistent Financial Growth: Revenue CAGR of 10.26% over 11 years (₹878M → ₹2,571M).
  3. Diversified & Loyal Customer Base: Long-standing relationships across a wide industry spectrum.

Diffusion Engineers IPO Risk Factors

  1. Domestic Market Dependency: Heavy reliance on local demand increases vulnerability to downturns.
  2. Negative Cash Flows: Past instances of negative cash flow may affect financial health if recurring.
  3. Industry Cyclicality: Performance tied to related sectors; economic slowdowns could impact operations and revenue.

Diffusion Engineers IPO Lead Manager(s)

  • Unistone Capital Private Limited

Diffusion Engineers IPO Promoter(s)

  1. Mr. Prashant Garg
  2. Dr. Nitin Garg
  3. Ms. Chitra Garg

Diffusion Engineers IPO Company Details

Diffusion Engineers Limited
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address:

Diffusion Engineers IPO Registrar

Bigshare Services Private Limited
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Diffusion Engineers IPO FAQs