Diffusion Engineers Limited IPO Detail

Founded in 1982, Diffusion Engineers Limited is active in the manufacture of welding consumables, wear plates and parts, and heavy machinery for core industries. The company offers specialized repair and reconditioning services for heavy machinery and equipment. The company also trades in wear protection powders and welding and cutting machines. At its production facilities, the company offers the Super Conditioning process, a surface treatment for machine components that increases wear resistance, eliminates stresses, and improves reparability, ultimately extending service life and reducing production costs.

Diffusion Engineers IPO is a book built issue of Rs. 158.00 crores. The issue is entirely a fresh issue of 0.94 crore shares. Diffusion Engineers IPO opens for subscription on September 26, 2024 and closes on September 30, 2024. The allotment for the Diffusion Engineers IPO is expected to be finalized on Tuesday, October 1, 2024. Diffusion Engineers IPO will list on BSE, NSE with tentative listing date fixed as Friday, October 4, 2024.

Diffusion Engineers IPO price band is set at ₹159 to ₹168 per share. The minimum lot size for an application is 88 Shares. The minimum amount of investment required by retail investors is ₹14,784. The minimum lot size investment for sNII is 14 lots (1,232 shares), amounting to ₹206,976, and for bNII, it is 68 lots (5,984 shares), amounting to ₹1,005,312. The issue includes a reservation of up to 50,000 shares for employees offered at a discount of Rs. 8 to the issue price.

Diffusion Engineers IPO Timeline

Diffusion Engineers IPO opens on September 26, 2024, and closes on September 30, 2024.

Diffusion Engineers IPO Details

Diffusion Engineers IPO Lot Size

Investors can bid for a minimum of 88 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.