Last updated on October 10th, 2024 at 06:24 pm
IPO launches on September 26, 2024, and ends on September 30, 2024, with an issue price of ₹159 to ₹168 per share. The lot size is 88 shares, totaling a fresh issue of 9,405,000 shares. Eligible employees get an ₹8 discount, while retail investors can subscribe up to ₹2,00,000 and eligible employees up to ₹5,00,000. This is a 100% book building IPO—mark your calendars!
About Diffusion Engineers Limited
Diffusion Engineers Limited is a leading engineering company specializing in industrial solutions and technologies for various sectors like oil & gas, energy, infrastructure, and manufacturing. The company has a solid reputation for its innovative and sustainable products and services that enhance operational efficiency. Diffusion Engineers focuses on high-end engineering solutions and services for diverse industries.
IPO Details
- IPO Start Date: 26th September 2024
- IPO End Date: 30th September 2024
- Issue Price: ₹159 – ₹168 per equity share
- Face Value: ₹10 per equity share
- Lot Size: 88 Shares
- Total Issue Size: Fresh Issue of 94,05,000 Equity Shares
- Discount: ₹8 per equity share to eligible employees
- Maximum Subscription for Retail Investor: ₹2,00,000
- Maximum Subscription for Eligible Employee: ₹5,00,000
- Status: 100% Book Building
GMP Price (Grey Market Premium)
Diffusion Engineers IPO GMP is ₹65.
Promoters
| Promoter Name | Stake |
|---|---|
| Ravi Shankar Shukla | Promoter |
| Amitabh Shukla | Promoter |
These promoters hold key positions and play a significant role in managing and directing the company.
Financial Summary
- Revenue from Operations: For the year ending March 31, 2024, the company reported revenue of INR 2,781.44 million, an increase from INR 2,548.76 million in 2023.
- Net Profit: The company achieved a net profit of INR 308.03 million in 2024, up from INR 221.45 million in 2023.
- Total Assets: As of March 31, 2024, Diffusion Engineers had total assets valued at INR 2,755.85 million, reflecting significant growth compared to INR 2,303.44 million in 2023.
- Equity Share Capital: The equity share capital stood at INR 280.21 million in 2024, compared to INR 37.37 million in the previous year.
- Loans on the Company: The borrowings included long-term borrowings of INR 16.69 million and short-term borrowings of INR 344.35 million in 2024.
Important Dates
| Event | Date |
|---|---|
| Offer Start | 26th Sep 2024 |
| Offer End | 30th Sep 2024 |
| Allotment | To be announced |
| Refund Initiation | 16th Sep 2024 |
| Demat Transfer | 16th Sep 2024 |
| Listing | 17th Sep 2024 |
FAQs
- Diffusion Engineers Limited IPO GMP: The GMP will be updated closer to the listing date.
- Diffusion Engineers Limited IPO Listing Date: The expected listing date is 17th September 2024.
- Diffusion Engineers Limited IPO Listing Price: The listing price will be confirmed on the day of listing.
- Diffusion Engineers Limited IPO Review: The IPO review will be updated based on market sentiment.
- Diffusion Engineers Limited IPO Price: The issue price is set at ₹159 to ₹168 per share.
- Diffusion Engineers Limited IPO Date: Active from 26th to 30th September 2024.
- Diffusion Engineers IPO Review: A detailed review will be provided based on subscription data and market feedback.
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