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Diffusion Engineers Limited

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.

₹159 - ₹168114.49x sub
Listed Price193.50
Listing Gain+15.18%
TimelineBookbuilding IPO
Open26 Sep 2024
Close30 Sep 2024
Allotment01 Oct 2024
Listing04 Oct 2024

Quota Reservation Portions

QIBPortion: 18,71,000 shares
28.35%
HNIPortion: 14,03,250 shares
21.27%
RetailPortion: 32,74,250 shares
49.62%
EmployeePortion: 50,000 shares
0.76%

Minimum Application Bracket Matrix

Retail1 lots / 88 shares
₹14,784
sHNI14 lots / 1,232 shares
₹2,06,976
bHNI68 lots / 5,984 shares
₹10,05,312

About the 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.

Company Promoters

Mr. Prashant GargDr. Nitin GargMs. Chitra Garg