Diffusion Engineers IPO Details
IPO Size | ₹158.00 Cr |
Price Range | ₹159 - ₹168 |
Retail Quota | 35% |
QIB Quota | 50% |
NII Quota | 15% |
Employee Discount | ₹8 per share |
Listing at | NSE and BSE |
Minimum Quantity | 88 |
Investment (cut-off price) | ₹14,784 |
Pre IPO Promotor Holding | 93.10% |
Post IPO Promotor Holding | Update soon |
DHRP Draft | Click Here |
RHP Draft | Click Here |
Anchor Investors List | Click Here |
Diffusion Engineers IPO Timelines
26/09/2024
Start Date30/09/2024
End Date03/10/2024
Refund Initiation03/10/2024
Credit of Shares to Demat Ac04/10/2024
Listing DateDiffusion Engineers IPO Lot Size
Application | Lot Size | Shares | Amount |
---|---|---|---|
Retail Minimum | 1 | 88 | ₹14,784 |
Retail Maximum | 13 | 1144 | ₹192,192 |
S-HNI Minimum | 14 | 1232 | ₹206,976 |
B-HNI Minimum | 68 | 5984 | ₹1,005,312 |
Diffusion Engineers IPO Subscription Status
QIB | NII | Retail | EMP | Total |
---|---|---|---|---|
95.74x | 207.60x | 85.61x | 95.05x | 114.50x |
IPO Performance on Listing Day
Opening Price | Closing Price | Day High | Day Low |
---|---|---|---|
₹193.50 | ₹203.17 | ₹203.17 | ₹193.05 |
Diffusion Engineers IPO Company Financials
Year | Total Income | Total Expense | PAT |
---|---|---|---|
FY 2022 | ₹208.75 | ₹187.65 | ₹17.05 |
FY 2023 | ₹258.67 | 233.14 | ₹22.15 |
FY 2024 | ₹285.56 | ₹245.58 | ₹30.8 |
About Company
After being founded as a Private Limited Company in 1982, Diffusion Engineers Limited experienced a number of important changes. One of the most important turning points in its corporate history was its 1995 conversion to a Public Limited Company.
From commencing manufacturing of welding electrodes in 1993 to crossing a turnover of ₹2000.00 million in 2023, Diffusion Engineers has consistently strived for excellence. Its entry into joint ventures and subsidiaries, as well as its land acquisitions for production plants, demonstrate its dedication to innovation and market leadership.
Its industrial capability is further validated by awards and accreditations. Recognitions such as the Best Employer Brands and Great Place to Work certifications affirm its dedication to employee welfare and organisational excellence. Moreover, accreditations by the National Accreditation Board underscore its commitment to quality and standards compliance.
Incorporation Date | Sector | Managing Director |
---|---|---|
2000 | Engineering | Prashant Garg |
Know Before Investing
Diffusion Engineers IPO Strengths
- Diffusion Engineers Private Limited has evolved from manufacturing welding consumables to providing comprehensive welding services and heavy equipment manufacturing, positioning itself as an end-to-end solution provider for optimal equipment performance and longevity.
- The company plays a crucial role in the OEM ecosystem, serving diverse clients in core industries such as steel, power, and cement, with strategic partnerships enhancing its expertise, reliability, and tailored solutions.
- Located in Nagpur, Maharashtra, the company’s manufacturing units benefit from a strategic position that facilitates efficient logistics and nationwide distribution, while subsidiaries and exports to over 25 countries support market expansion and diversification for sustained growth.
Diffusion Engineers IPO Risks
- The company relies primarily on the domestic market for sales, making it vulnerable to downturns that could reduce market share and financial performance.
- All manufacturing facilities are situated in Nagpur, Maharashtra; localized social unrest, natural disasters, or production disruptions could significantly affect operations and financial condition.
- Business performance is closely tied to the health of certain industries, with economic disruptions and decreased demand in various sectors potentially harming earnings and financial stability.
- Plans to establish new production facilities involve significant financial investment and operational risks; delays, cost overruns, or disruptions in asset transportation could adversely impact financial performance and operational efficiency. Additionally, challenges in obtaining necessary approvals and licenses for the new facilities may further affect business operations.
Swot Analysis for Diffusion Engineers IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Diffusion Engineers Limited
T-5 & T-6,
Nagpur Industrial Area, MIDC,
Hingna, Nagpur – 440016
Phone: +91 9158317943
Email: [email protected]
Website: https://www.diffusionengineers.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Diffusion Engineers IPO are:
- The company plans to allocate ₹666.33 million towards expanding the existing manufacturing facility at Khapri (Uma), Nagpur, Maharashtra, for enhancing production capacity and operational efficiency.
- Provision of ₹303.85 million for establishing a new manufacturing facility at Hingna, Sonegaon District, Nagpur, Maharashtra, to cater to increased demand and facilitate geographical diversification.
- Allocation of ₹220.00 million towards funding the Company’s working capital needs, ensuring smooth operations and sustaining growth momentum.
- The remaining proceeds will be allocated for general corporate purposes, not exceeding 25% of the Gross Proceeds, in compliance with regulatory requirements.
Unistone Capital Pvt Ltd is the book-running lead managers for the Diffusion Engineers IPO.