Company Name | Diffusion Engineers Limited |
Open Date | 26-09-2024 |
Close Date | 30-09-2024 |
Exchange | BSE, NSE |
Lot Size | 88 Shares |
Issue Price | ₹159 to ₹168 per share |
Issue Size | 94,05,000 shares |
Application Amount | ₹ 14,784 – ₹ 1,92,192 (88 to 1,144 shares) |
Recommendation | Apply |
Diffusion Engineers Limited was originally formed and incorporated on Nov 05, 1982. The registered office is located at Nagpur, Maharashtra. The company is engaged in the business of manufacturing welding consumables, wear plates and wear parts and heavy engineering machinery. They also provide specialized repairs and reconditioning services for heavy machinery/ equipment and are involved in trading of anti-wear powders and welding and cutting machinery. The company had 654 employees as of July 31, 2024.
KPI’s | FY 22 | FY 23 | FY 24 |
Revenue | 204.59 | 254.88 | 278.14 |
EBITDA | 23.37 | 31.00 | 39.97 |
Net Profit | 17.05 | 22.14 | 30.80 |
RoCE | 15.04% | 18.30% | 17.96% |
ROE | 14.13% | 15.59% | 16.15% |
P/E | 27.63 | 21.24 | 15.36 |
Opening Date | 26/09/2024 |
Closing Date | 30-09-2024 |
Basis of Allotment | 01-10-2024 |
Initiation of Refunds | 03-10-2024 |
Credit of Shares to Demat | 03-10-2024 |
Listing Date | 04-10-2024 |
Funding capital expenditure requirements towards Proposed Expansion of their existing manufacturing facility at Unit IV |
Setting up of a new manufacturing facility at Hingna, Sonegaon District, Nagpur, Maharashtra (“Proposed Facility”) |
Funding working capital requirements of the Company |
General Corporate Purposes |
Registered Office | Diffusion Engineers Limited T-5 & T-6, Nagpur Industrial Area, MIDC, Hingna, Nagpur - 440016 |
Phone | +91 9158317943 |
cs@diffusionengineers.com | |
Website | https://www.diffusionengineers.com/ |
Diffusion Engineers IPO DRHP |
Diffusion Engineers IPO RHP |
Name | Bigshare Services Private Limited |
Phone | +91-22-6263 8200 |
ipo@bigshareonline.com | |
Website | https://ipo.bigshareonline.com/ipo_status.html |
QIB Shares Offered | Not more than 50.00% of the offer |
Retail Shares Offered | Not less than 35.00% of the offer |
NII (HNI) Shares Offered | Not less than 15.00% of the offer |
Share Holding Pre Issue (Promoters) | 93.10% |
Share Holding Post Issue (Promoters) | 69.70% |